$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.

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

Virtual Tour

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Location