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$495,000
Original: $550,000
Active
4916 ELI STREET
ORLANDO, FL 32804 — SUNSHINE GARDENS
5 Beds
3 Baths
2,194 sqft
0.55 acres
Built 1947
About This Property
Exceptional Investment & Development Opportunity in College Park! Rare opportunity to own a 0.55 acre corner parcel in one of the Orlando area's most desirable and rapidly growing locations. This unique property features three existing homes, offering multiple possibilities for investors, builders , or homeowners looking to create something special. Two of the existing residence are ideal candidates for renovation and can provide excellent rental income, while the third best suited for demolition. Whether your looking to renovate, build your dream home, develop multiple residences, or hold as an income- producing investment , this property offers tremendous flexibility. There is also the potential to subdivide the property into three separate lots(buyer to verify). The two livable homes include refrigerators, washer and dryer, water heater, septic tanks, newer drain field. Recent improvements on the 2 homes include roof - 04/22, updated plumbing-05/24. newer water heater, newer drain field. Located in quiet, established neighborhood with convenient access to College park, Winter Park, Downtown Orlando and I-4access.This property is ideally positioned near shopping, dining, entertainment , parks, and major employment centers. Properties offering this combination of size, income potential and redevelopment opportunities are becoming increasingly rare. Don't miss your chance to secure this exceptional investment before its gone!
See Realtor remarks for home information and rezoning.
See Realtor remarks for home information and rezoning.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Single Family Residence
- MLS Number
- O6425549
- Days on Market
- 11
- Year Built
- 1947
- Levels
- One
- Floor Number
- 1
- Direction Faces
- North
- Occupant Type
- Owner
Size & Structure
- Living Area
- 2,194 sqft
- Total Area
- 2,635 sqft
- Lot Size
- 0.55 acres
- Lot Sq Ft
- 24,034 sqft
- Bedrooms
- 5
- Full Baths
- 3
- Stories
- 1
Interior
- Flooring
- Terrazzo
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Interior Features
- Built-in Features
- Laundry
- In Kitchen
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Central, Electric
Exterior & Lot
- Exterior Features
- Private Yard
- Construction
- Block
- Roof
- Shingle
- Foundation
- Block, Slab
Water & Pool
Community & HOA
- HOA
- No
- Community Features
- Street Lights
- Homestead
- Yes
Utilities & Systems
- Water
- Public
- Sewer
- Septic Tank
- Utilities
- Electricity Available, Electricity Connected, Water Connected
- Cooling
- Central Air
- Heating
- Central, Electric
- Flood Zone
- X
Financial
- List Price
- $495,000
- Original Price
- $550,000
- Annual Taxes
- $3,583
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional
- Special Conditions
- None
- Possession
- Close Of Escrow
Schools
- Elementary
- Killarney Elem
- Middle School
- College Park Middle
- High School
- Edgewater High