$899,900
Active

1824 LAKE STREET

OVIEDO, FL 32765 — MINERAL SPRING PARK
8 Beds
6 Baths
3,400 sqft
0.26 acres
Built 1976

About This Property

Lakefront Property with Multiple Living Spaces

Enjoy lakefront living on the shores of Lake Jessup with this unique and versatile property located in Oviedo. This renovated home offers beautiful water views and a flexible layout that creates multiple living opportunities.

The main house features 3 bedrooms and 2 bathrooms, providing comfortable living space with natural light and peaceful lake views. In addition to the main residence, the property includes three independent in-law suites, each with its own living area and kitchenette. Two of the units offer 1 bedroom and 1 bathroom, while the third unit includes 3 bedrooms and 2 bathrooms.

This layout creates excellent income potential, allowing the future owner to use the additional units for extended family, guests, or rental opportunities while still enjoying the privacy of the main home.

The property is located just minutes from the revitalized Downtown Oviedo, with convenient access to restaurants, shopping, parks, and local attractions. The home sits directly on Lake Jessup, offering scenic waterfront views and access to outdoor activities such as boating, fishing, and kayaking. The floating dock will need to be replaced, but a public boat ramp is located less than a mile away, providing convenient lake access.

The property is fully furnished, making it move-in ready or ideal for immediate rental use. The sale price does not include the furniture, but it can be negotiated for an additional cost. Purchasing the home furnished offers significant advantages, allowing the new owner to avoid the time and expense of furnishing multiple living spaces and making it easier to start generating income right away.

Seller financing is available, creating an additional opportunity for qualified buyers.

Property Details

Basics

Property Type
Residential
Property Subtype
Single Family Residence
MLS Number
O6387414
Days on Market
1
Year Built
1976
Levels
Multi/Split
Direction Faces
East
Occupant Type
Tenant

Size & Structure

Living Area
3,400 sqft
Total Area
3,900 sqft
Lot Size
0.26 acres
Lot Sq Ft
11,200 sqft
Bedrooms
8
Full Baths
6

Interior

Flooring
Carpet, Laminate, Tile
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Interior Features
Ceiling Fans(s), Vaulted Ceiling(s)
Laundry
Other, Outside
Fireplace
Yes — Living Room, Wood Burning
Furnished
Unfurnished
A/C
Central Air
Heating
Central

Exterior & Lot

Exterior Features
Balcony
Construction
Block
Roof
Metal, Shingle
Foundation
Slab
Lot Features
Oversized Lot, Paved
View
Water

Water & Pool

Waterfront
Yes — Lake Front
Water Body
LAKE JESSUP
Water View
Lake
Dock
Yes — Dock - Wood

Community & HOA

HOA
No

Utilities & Systems

Water
Public
Sewer
Public Sewer
Utilities
BB/HS Internet Available, Cable Available
Cooling
Central Air
Heating
Central
Flood Zone
AE

Financial

List Price
$899,900
Annual Taxes
$3,136
Tax Year
2024
Listing Terms
Cash, Conventional, FHA, Owner Financing, VA Loan
Special Conditions
None

Schools

Elementary
Layer Elementary
Middle School
Indian Trails Middle
High School
Oviedo High

Virtual Tour

View Virtual Tour

Location