$950,000
Off-Market Date: 06/17/20241814 Hollenbeck Drive Orlando, FL 32806
Pending MLS# S5103857
5 beds 4 baths 2,889 sq ft Single Family
Details for 1814 Hollenbeck Drive
MLS# S5103857
Description for 1814 Hollenbeck Drive, Orlando, FL, 32806
Under contract-accepting backup offers. Welcome to your next investment opportunity just a block away from the Orlando Regional Medical Center. This property isn't just a residential home; it can be a cash flow machine with a lot of potential. Property Features: Mixed-Use Setup: Currently, the property consists of a residential home with an attached duplex, already occupied by tenants, offering immediate income potential. Multiple Entrances: The main house boasts convenient access points, including a front door, rear primary suite entrance, and outdoor stairs to the second floor, providing flexibility for rental configurations. Expansion Potential: With an additional 1000+ square feet upstairs, envision the possibility of creating extra rental units or expanding existing ones, enhancing revenue streams. Strategic Location: Situated on a generous 0.32-acre lot behind a commercial plaza, this property is a short drive from downtown Orlando, with easy access to major thoroughfares like I4 and mere minutes away from ORMC. Income Projection: Currently generating $4000/month, the property has the potential to yield up to $6000/month with updated rents and full occupancy, offering a gross yearly income of $72,000. Financial Benefits: With a renovated upstairs, the pro forma income could soar to $8600/month, resulting in a gross income of $103,000 and offering a solid 7% cap rate, factoring in expenses and full occupancy with long-term leases. Plus, switching to a short/medium-term rental strategy could substantially increase returns. Ample Parking: The expansive lot accommodates multiple vehicles, ensuring convenience for both residents and visitors. Unique Charm & Versatility: Beyond its financial appeal, this property exudes character and versatility: Double Lot Potential: With a double lot, the possibilities are endless, whether you choose to expand the existing structures or explore new development opportunities. Flexible Layout: The main home features three bedrooms, two baths, and a charming blend of oak and pine wood flooring. Additionally, an unfinished upstairs offers the potential to add 2-3 more rooms, catering to diverse tenant needs. Income-Generating Extras: From studio apartments to a functional office space and additional amenities like a washroom and storage areas, every inch of this property is primed for revenue generation. Seller Financing: For qualified buyers, seller financing is on the table, with favorable terms including a 40% down payment, a maximum 5-year balloon, and competitive interest rates. Explore Your Options Today: Don't miss out on this exceptional investment opportunity. Whether you're a seasoned investor or a newcomer to the real estate market, this property offers a myriad of options for maximizing returns. Schedule a viewing today and unlock the full potential of this prime Orlando gem!
Listing Information
Property Type: Residential, Single Family Residence
Status: Pending
Bedrooms: 5
Bathrooms: 4
Lot Size: 0.32 Acres
Square Feet: 2,889 sq ft
Year Built: 1938
Stories: 2 Story
Construction: Cement Siding,Stucco
Subdivision: Jacob A Hollenbecks Sub
Foundation: Slab
County: Orange
School Information
High: Boone High
Room Information
Main Floor
Kitchen:
Living Room: 18.9x13.5
Bedroom 3: 10.11x11.8
Dining Room: 12x15.5
Bedroom 2: 9.8x13
Kitchen: 15.5x14
Primary Bedroom: 16x13
Family Room: 19.6x14
Bathrooms
Full Baths: 4
Additonal Room Information
Laundry: Outside, Common Area, Washer Hookup, Electric Dryer Hookup
Interior Features
Appliances: Convection Oven, Electric Water Heater, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Range Hood
Flooring: Carpet,Terrazzo,Tile,Wood
Additional Interior Features: Main Level Primary, Ceiling Fan(s)
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Available,Electricity Connected,High Speed Internet Available,Phone Available
Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Heating: Central, Electric
Exterior / Lot Features
Roof: Shingle, Other
Additional Exterior/Lot Features: Lighting, Awning(s), Courtyard
Driving Directions
Going north on Orange Avenue, TR on Kaley. TL at first street onto Hollenbeck Drive. Home will be on your left near the end of the road, prior to the curve.
Financial Considerations
Terms: Cash,Conventional,FHA,Owner May Carry,Trade,VA Loan
Tax/Property ID: 01-23-29-3688-02-040
Tax Amount: 8313.33
Tax Year: 2023
Price Changes
| Date | Price | Change |
|---|---|---|
| 04/25/2024 06.32 PM | $950,000 |
A broker reciprocity listing courtesy: LIFESTYLE INTERNATIONAL REALTY
Based on information provided by Stellar MLS as distributed by the MLS GRID. Information from the Internet Data Exchange is provided exclusively for consumers’ personal, non-commercial use, and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed to be accurate by Edina Realty, Inc., or by the MLS. Edina Realty, Inc., is not a multiple listing service (MLS), nor does it offer MLS access.
Copyright 2025 Stellar MLS as distributed by the MLS GRID. All Rights Reserved.
Sales History & Tax Summary for 1814 Hollenbeck Drive
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1814 Hollenbeck Drive
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.