Exceptional Walkability in a Prime Downtown Orlando Location! Nestled in the heart of the historic Lake Eola Heights district, this beautifully restored bungalow sits on a charming brick-lined street and offers an unbeatable blend of character, location, and income potential. Zoned R-2B/T/HP—a rare and highly desirable designation—this property allows for multiple residential units on one lot, opening the door to future multi-family development. The main home features 3 bedrooms and 2 baths, showcasing a stylish renovation with brand-new laminate flooring, updated baseboards, and fresh interior paint throughout. The open-concept layout is perfect for entertaining, highlighted by a cozy fireplace and a brand-new kitchen complete with white shaker cabinets, Quartz countertops, and stainless steel appliances. Step outside to a spacious, oversized covered front porch—ideal for morning coffee or evening relaxation. The detached 1-bedroom, 1-bath studio offers incredible versatility. Use it as a guest suite, home office, or income-producing rental—either long-term or short-term through Airbnb. The newly remodeled primary bathroom features a sleek frameless glass shower and elegant floor-to-ceiling tilework. Outside, enjoy a long private driveway with ample parking and a generously sized backyard—perfect for entertaining or future expansion, including the potential for a garage apartment. Whether you're looking for a charming residence, an investment opportunity, or both, this one-of-a-kind property delivers.