Active

$499,900

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1197 sq ft
Overview
  • ID: MFRO6369571
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1197 sq ft
Property Details
Remarks
Income-producing home with a detached in-law apartment in a prime central Orlando location — ideal for a house hack, long-term rental, or short-term rental (Airbnb allowed). The main house is a two-bedroom, one-bath residence, while the in-law apartment is a completely detached one-bedroom, one-bath unit with separate entrances and separate mailboxes, offering excellent privacy and flexibility. The in-law apartment is currently rented for $1,350/month on a month-to-month lease, providing immediate income and flexibility. The main house was previously rented for $1,850/month, demonstrating strong and proven rental history. Live in one unit and rent the other, or rent both for attractive cash flow. The main home is well maintained with neutral finishes, updated flooring, modern lighting, and a functional layout filled with natural light. A spacious deck and outdoor area provide excellent separation and privacy between the main house and the in-law unit. Major updates include a roof approximately 11 years old, HVAC approximately 6 years old, copper plumbing, and a septic system recently pumped and in great condition. A 4-point inspection is available upon request. Conveniently located minutes from Winter Park, College Park, Downtown Orlando, major hospitals, dining, I-4, International Drive, and Orlando International Airport. A rare opportunity offering location, flexibility, and multiple income strategies.
Financial Considerations
Price:
$499,900
HOA Fee:
N/A
Tax Amount:
$6876.67
Price per SqFt:
$417.63
Tax Legal Description:
PINEWOOD SUB N/9 LOT 5 BLK A (LESS E 115FT) & LOT 11 BLK A
Exterior Features
Lot Size:
8250
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Refrigerator
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1947
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
North
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1518 PINEWOOD DR
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