Asking Price
$ 525,000Status
Active721 SEMINOLE AVENUE
ORLANDO, FL,32804, CONCORD PARK 1ST ADD
Overview
4 Bedrooms
3 Bathrooms
1 Garage
2,095 sqft
Year Built: 1950
School Nearby
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. 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.
Features
Status: Active
Beds: 4
Baths: 3
Square Footage: 2,095 Sq. Ft
HOA Fee: -
Property Type: Single Family Residence
MLS Number: O6404692
Days on Market: -
Year Built: 1950
Lot Size:
County: Orange
Taxes: $8,863.00
Address
721 SEMINOLE AVENUE , ORLANDO ,FL
Listing provided by: PROPERTY LOGIC RE, 407-909-3436
Asking Price
$525,000Status
ActiveSimilar Properties
Based on information submitted to the MLS GRID as of 05/05/2026 01:06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.