Charming Income-Producing Home Near Lake Eola – 32801. Welcome to this beautifully maintained and versatile property, perfectly located in the heart of Downtown Orlando’s highly sought-after 32801 zip code, just steps from Lake Eola. This dual-unit multi-family residence offers excellent income potential or multi-generational living options, featuring: a spacious 2-bedroom, 1-bathroom unit on the first floor; a cozy 1-bedroom, 1-bathroom unit on the second floor. Whether you're looking to live in one unit and rent the other, or fully lease both for passive income, this property delivers flexibility and financial opportunity. Enjoy the benefits of: No HOA fees: ample street parking: a private 2-car driveway. Situated in one of Orlando’s most walkable and vibrant neighborhoods, you’ll love being close to shops, dining, entertainment, parks, and major transportation routes. Don’t miss your chance to own a piece of prime real estate in Downtown Orlando. Schedule your private showing today!
For sale
$749,000
505 S Eola Dr, Orlando, FL 32801
3beds
2baths
1,650sqft
Est.:
Duplex, Multi Family
Built in 1920
-- sqft lot
$698,500 Zestimate®
$454/sqft
$-- HOA
What's special
- 94 days
- on Zillow |
- 320 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 04:52pm
Listing Provided by:
Olga Petrova 321-888-0733,
CHOICE ONE REALTY LLC 407-973-5800
Source: Stellar MLS,MLS#: O6298330
Originating MLS: Orlando Regional

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Central
Cooling
- Ductless
Appliances
- Laundry: Inside, Laundry Room
Features
- Eating Space In Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Stone Counters
- Has fireplace: No
Interior area
- Total interior livable area: 1,650 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Exterior features: Lighting, Private Mailbox, Rain Gutters, Sidewalk
- Fencing: Fenced
Lot
- Size: 3,988 Square Feet
Details
- Parcel number: 362229190400012
- Zoning: R-2A/T/HP/
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Stucco
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available
Community & HOA
Community
- Subdivision: REVISED DANIELS BROS SUB
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $454/sqft
- Tax assessed value: $373,159
- Annual tax amount: $7,259
- Date on market: 4/9/2025
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
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