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200 & 200 1/2 Hibiscus Court

Orlando, FL 32801

2 beds
2 baths
1,144 sqft
3,160 sqft lot
$402 per sqft
1930 build
– on site

Creative Financing is available with large down payment. This is your chance to own a DUPLEX in downtown Orlando, with a prime location in the Historic Lake Eola District! Just steps away from Lake Eola, which means residents will enjoy privileged access to parks, green spaces, and a wide variety of outdoor recreational options. The property is a true real estate gem, divided into a lower unit and an upper unit, each with 1 bedroom and 1 bathroom. This property boasts a unique advantage with an existing garage where investment potential comes into play. Imagine the possibility of converting that garage into an additional unit or a separate suite. The city will allow the future owner to convert this as an add-on to an existing unit ( could be a detached master bedroom with a private bedroom and wet-bar for extra cash-flow!) This would not only increase the property's value but also maximize the After Repair Value (ARV), providing an excellent opportunity for forward-thinking investors. Additionally, it's possible to legally rent out one of the units on Airbnb, with the necessary permits obtained. If rented on Airbnb, even one unit, with this location, this property could generate once remodeled easily $6,500+. Contact us today for more information and to seize this exceptional opportunity! A $2,000 credit is offered if the buyer chooses to work with our preferred lender. (#1 ranked lender in Central FL according to Zillow). This property also qualifies for the HomeTown Heroes Down Payment Assistance Program, with up to $35,000 towards your down payment and closing costs! This home would also be a great fit for the HOMESTYLE RENOVATION LOAN, where you can finance the rehab and construction of the garage into your purchase! Set up a showing for this property before it sells.

Listing courtesy of STELLAR_MLS / LPT REALTY

Last checked: Checking… • Last updated Mar 18, 2024 •

MLS# O6132723 —

The Building

Year Built:

1930
New Construction:

false
Construction Materials:

Wood Siding
# of Buildings:

2
Building Area Total:

1569
Levels:

Two
Roof:

Shingle
Foundation Details:

Crawlspace
Window Features:

Blinds
Patio And Porch Features:

None

Interior

Interior Features:

Ceiling Fans(s)
Flooring:

Carpet
Fireplace:

false

Room Dimensions

Living Area:

1144
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From I4 take Colonial East toward Highland Ave., make a right on Highland, Hibiscus is located on the west side or right side and is the first road after round about on Highland. Drive on Hibiscus and the home is on the left
Latitude:

28.550141
Longitude:

-81.375129
Coordinates:

-81.375129, 28.550141

The Property

Parcel Number:

252229354002121
Property Type:

Residential Income
Property Subtype:

Duplex
Property Condition:

Completed
Lot Size Acres:

0.07
Lot Size SqFt:

3160
Lot Size Area:

3160
Lot Size Units:

Square Feet
Zoning:

R-2B/T/HP
Exterior Features:

Courtyard
Water Source:

Public
Total Acres:

0 to less than 1/4
Road Surface Type:

Paved
Flood Zone Code:

X

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

12
Tax Block:

B
Tax Book Number:

H-38
Tax Annual Amount:

3924.5
Tax Legal Description:

HIBISCUS COURT H/38 THE W 38 FT OF LOT 12 & E 6 FT OF LOT 14 BLK B

Beds

Bedrooms Total:

2

Baths

Total Baths:

2

The Listing

Virtual Tour URL Unbranded:

https://www.zillow.com/view-imx/b84ef3b5-09c2-4596-af84-aa8f7ef6ecbb?initialViewType=pano&wl=true&setAttribution=mls
Virtual Tour URL Unbranded 2:

https://www.zillow.com/view-imx/b84ef3b5-09c2-4596-af84-aa8f7ef6ecbb?initialViewType=pano
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Cooktop

Schools

Elementary School:

Lake Como Elem
Middle Or Junior School:

Lake Como School K-8
High School:

Edgewater High

The Community

Subdivision Name:

HIBISCUS COURT
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/5/24 Mar 5, 2024	Listed / Active	STELLAR_MLS
2/9/24 Feb 9, 2024	Price Changed	STELLAR_MLS	$465,000	-1.1%
11/28/23 Nov 28, 2023	Price Changed	STELLAR_MLS	$470,000	-1.1%

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This multifamily located in Downtown Orlando, Orlando, FL 32801 is currently for sale for $460,000. 200 & 200 1/2 Hibiscus Court is a 1,144 square foot multifamily with 2 beds and 2 baths that has been on Estately for 270 days. 200 & 200 1/2 Hibiscus Court is in the Downtown Orlando neighborhood of Orlando and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of Hillcrest Elementary School, Howard Middle School, Edgewater High School, Cornerstone Charter Academy High School, and Cornerstone Charter Academy K 8.

Listing Courtesy of: STELLAR_MLS and LPT REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.