Opportunity is knocking on this house in Downtown Orlando. Nestled directly in between Lake Davis and Lake Haven Park, you couldn’t ask for a more scenic backdrop. This concrete block property is priced very low, compared to the rest of the 32801 Zip code, but it will take some ingenuity and imagination to pull out the highest and best use.
Within the last 6 months, and inside of the 32801 Zip code, the next cheapest active is listed at 409k, next cheapest pending 539k, and the 3 cheapest solds were 250k, 365k, and 410k. The conversion would give you an additional 210 sf as well, which would put your ARV somewhere in the $500k range.