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$724,900
Active
1020 VENETIAN AVENUE
ORLANDO, FL 32804 — UNIVERSITY HEIGHTS
3 Beds
3 Baths
2,294 sqft
0.24 acres
Built 1946
About This Property
3 Driveways • 3 Entrances • 2 Homes! Incredible Investment Opportunity in the Heart of College Park / Downtown Orlando! Welcome to this rare and versatile property situated on a spacious corner lot of nearly 1/4 acre in highly desirable College Park! Featuring two separate homes, fully fenced and gated grounds, and multiple private entrances, this property offers endless possibilities for homeowners, investors, multi-generational living, or short-term rental income. The main residence facing Venetian offers: 2 Bedrooms, Dedicated Office, 2 Fully Renovated Bathrooms (2021), Potential space for a kitchenette conversion.Inside, you’re welcomed by a bright foyer leading into the spacious living and dining areas with beautifully refinished hardwood floors (2023). The office connects directly to the primary suite, which features a fully renovated bathroom and private exterior access. The secondary bedroom also includes: A fully remodeled bathroom (2021), Private entrance access , Flexible layout with potential for a private efficiency/in-law suite. The kitchen is equipped with natural gas appliances and sits at the rear of the home for added functionality and privacy. Detached Guest House / In-Law Suite Currently operating successfully as an Airbnb, the detached guest house generated: $25,000–$32,000 annually. Over $32,000 in 2023 alone This fully renovated (2019) guest home includes: 1 Bedroom, 1 Bathroom, Full Kitchen, Washer and Dryer, Tankless Gas Water Heater and owner is willing to sell fully furnished. Major Updates & Features-Solar panels fully paid off at closing , Extremely low electric bills (under $100/month at peak usage), Septic system replaced in 2010, New drain field installed in 2024, Main house AC replaced in 2021, Fully fenced and gated property, Three separate driveways and entrances. Whether you’re looking for a primary residence with income potential or a turnkey investment property, this unique College Park gem checks every box. Schedule your private showing today before this home is SOLD!
Property Details
Basics
- Property Type
- Residential Income
- Property Subtype
- Triplex
- MLS Number
- O6406400
- Year Built
- 1946
- Levels
- One
- Additional Rooms
- Den/Library/Office,Family Room,Interior In-Law Suite w/Private Entry
- Occupant Type
- Owner
Size & Structure
- Living Area
- 2,294 sqft
- Total Area
- 2,450 sqft
- Lot Size
- 0.24 acres
- Lot Sq Ft
- 10,538 sqft
- Bedrooms
- 3
Interior
- Flooring
- Ceramic Tile, Laminate, Wood
- Appliances
- Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
- Interior Features
- Ceiling Fans(s), Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
- Laundry
- In Kitchen, Inside
- Windows
- Skylight(s)
- Fireplace
- Yes — Gas
- Furnished
- Partially
- A/C
- Central Air, Mini-Split Unit(s)
- Heating
- Central
Exterior & Lot
- Exterior Features
- Courtyard, Dog Run, Storage
- Construction
- Block
- Roof
- Shingle
- Foundation
- Slab
- Patio/Porch
- Covered, Deck, Front Porch
- Lot Features
- Corner Lot
Water & Pool
Community & HOA
- HOA
- No
- Pets Allowed
- Yes
Utilities & Systems
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Electricity Connected, Natural Gas Connected, Water Connected
- Cooling
- Central Air, Mini-Split Unit(s)
- Heating
- Central
- Flood Zone
- X
- Parking
- Covered, Driveway, Portico
Financial
- List Price
- $724,900
- Annual Taxes
- $3,520
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional
- Special Conditions
- None
Schools
- Elementary
- Lake Silver Elem
- Middle School
- College Park Middle
- High School
- Edgewater High