Active

806 PALMER ST

ORLANDO FL, 32801

$1,199,900


$524.43 per sqft

Active

4 Beds

4 Baths

2,288 sqft

Residential

Built in 1947

This unique multifamily investment opportunity is a one-of-a-kind portfolio is must-see. Comprising a front duplex and a single-family home in the back, this property offers the perfect blend of modern living and income potential. Located just three blocks south of downtown Orlando, this 95% new construction--completed in July 2023--sits on a quiet street in the highly sought-after Lake Davis neighborhood. Surrounded by lush landscaping, large oak trees, and beautiful city parks, this is a prime location that provides tranquility while being close to everything Orlando has to offer. Lake Davis is only two blocks away, and the property is conveniently located near Delaney Park and Lake Eola. Top attractions such as the Dr. Phillips Performing Arts Center, the Amway Center, and ORMC are less than 2 miles away Each unit features high-end finishes and top-of-the-line amenities. They include separate water and electrical meters, open concept living rooms and kitchens, and smart-home technology like Alexa-controlled recessed lights and ceiling fans. The homes are beautifully finished with Shaw Floorte PRO 7 floors, Mi Low E double-pane casement windows, Infinity quartzite natural stone countertops, and 42" all-wood shaker cabinets. Kitchens are equipped with convection ovens, induction stovetops, vented hoods, stainless steel appliances, and farmhouse sinks. Both front units offer covered porches and one parking space each, with additional storage available in a secure 3'x8' room off the rear unit. The back unit boasts a spacious 8'x16' Trex composite deck and a one-car garage with insulated door, jack shaft auto deadbolt opener, and 50-amp car charger plug. The shared community space features a picnic table, grill area, and overhead string lights for a welcoming outdoor atmosphere. This property has been meticulously constructed with new roofing, plumbing, electrical systems, and framing. Key upgrades include Bora-Care termite treatment for wood framing, hurricane-rated materials, insulated dividing walls for soundproofing, and even underground AT&T fiber internet. Currently, all three units are rented to professionals on one-year leases or MTM. As long as one of the units is designated as a long-term rental, one of the others can be used to generate income through as an Airbnb, or all three units can be utilized as investment properties. Whether you're looking for a triplex to call home or a smart investment with long-term potential, this property offers it all.

O6274982

MLS ID

January 29, 2025

Listed

February 4, 2025

Updated

Map

806 PALMER ST
ORLANDO FL, 32801

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Stone Counters, Walk-In Closet(s)


Appliances

Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer


Laundry Description

Laundry Closet


Floor Description

Luxury Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Mini-Split Unit(s)


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.19 Acres


Exterior Features

Courtyard, Lighting, Private Mailbox, Rain Gutters, Sidewalk


Lot Features

Sidewalk, Street Brick


Roof

Shingle


Sewer

Public Sewer

School Information

High School

Boone High


Elementary School

Blankner Elem

Other Property Details

Area Name

32801 - Orlando


Taxes

$10,406


Tax Frequency

Annually


Days on Market

6


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

1


Parking

Electric Vehicle Charging Station(s), Garage Door Opener


View

No


County

Orange


Municipality

22


Water Source

Public


Pool

No


Zoning

R-2A/T/AN

Listed by RE/MAX 200 REALTY
Listing Contact: 407-629-6330 

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