721 Seminole Avenue, Orlando, FL 32804
Local realty services provided by:CENTURY 21 Circle
Listed by: alex quezada
Office: property logic re
MLS#:O6404692
Source:MFRMLS
Price summary
- Price:$525,000
- Price per sq. ft.:$171.01
About this home
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....
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Home facts
- Year built:1950
- Listing ID #:O6404692
- Added:8 day(s) ago
- Updated:May 13, 2026 at 12:09 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Ceramic Tile
- Kitchen Description:Dishwasher, Range, Refrigerator
- Living area:2,095 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1950
- Building area:2,095 sq. ft.
- Lot area:0.21 Acres
- Lot Features:Sidewalk
- Construction Materials:Block, Stucco
- Exterior Features:Courtyard, Covered Porch/Patio
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$171.01
- Tax amount:$8,864 (2025)
Features and amenities
- Appliances:Dishwasher, Range, Refrigerator
- Laundry features:In Kitchen
- Amenities:Thermostat, Vaulted Ceiling(s)
- Pool features:Public Pool
Parking
- Parking description:1 Car Carport, Garage Faces Side, Oversized, Workshop in Garage
- Garage:Yes
- Garage spaces:1
- Carport spaces:1
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