$525,000

721 SEMINOLE AVENUE, Orlando, FL 32804

  • 4 beds |
  • 3 baths |
  • 2,095 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $251/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Dual-income opportunity in the heart of College Park - one of Orlando's most coveted neighborhoods. This rare offering features TWO completely separate residences on a single parcel: a 3-bedroom, 2.5-bathroom main home spanning 1,444 square feet with an in-unit laundry room and detached single-car garage, plus a fully independent 1-bedroom, 1-bathroom guest cottage at 651 square feet complete with a Florida room, in-unit laundry, and covered carport. NEWER ROOFS on both homes 2022. NEWER AC SYSTEMS on both homes 2023. Two addresses, two income streams, one investment. The property is zoned ORL-R-2B/T, a designation that permits up to two accessory dwelling units and one is already built and income-producing. Current market rent comps support $2,650–$2,850/month for the main house and $1,550–$1,750/month for the cottage, putting combined gross rental income in the range of $4,200–$4,600/month - over $50,000 in potential annual gross rents. This is in a neighborhood where median home values have climbed to nearly $718,000 and rents continue to appreciate. Whether you lease both units immediately or occupy one and offset your mortgage with the other, the numbers work from day one. Location is the long-term thesis. College Park's tree-lined streets and walkable Edgewater Drive corridor draw professionals, healthcare workers, and young families who pay a premium for in-town living and stay. AdventHealth's major campus is nearby, downtown Orlando is five minutes away, and I-4 access is immediate. Vacancy risk in this submarket is structurally low. Demand is consistent. New lots with this kind of zoning flexibility simply aren't being created. Opportunities to acquire two rentable structures on one parcel in College Park are extraordinary. Don't miss it.

Listing Status:
Active
Date Added:
May 4, 2026
Data Last Updated:
May 7, 2026 at 4:23PM
Listing Office:
PROPERTY LOGIC RE : 407-909-3436
Listing Agent:
Alex Quezada : 407-404-3225
MLS ID:
O6404692
  • General: ThermostatVaulted Ceiling(s)
  • Appliances: DishwasherRangeRefrigerator
  • Laundry: In Kitchen
  • Flooring: Ceramic Tile
  • A/C: Central Air
  • Heating: Central
  • General: Courtyard
  • Other Structures: Additional Single Family HomeCovered
  • Parking: Garage Faces SideOversizedWorkshop in Garage
  • Roofing: Shingle
  • General: BlockStuccoOneSlab
  • Road/Access: Brick
  • Originating MLS: Stellar MLS
  • County: Orange
  • Zoning: R-2B/TCONCORD PARK 1ST ADDITION F/11 LOT 3 BLKB23-22-29-1602-02-030
  • Utilities: Public
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Alex Quezada , PROPERTY LOGIC RE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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