ORLANDO, FL, 32801
200 & 200 1/2 HIBISCUS
$399,900
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Beds
2
Baths
2
Sq ft
1,144
Stop Work Order was previously issued by Code Enforcement; however, all permits have now been approved by the city and the project is ready to move forward. The property is vacant and fully gutted inside, offering a clean slate for renovation. The roof was replaced in 2025. Approved plans are included and uploaded to the MLS. The upper level is a 2-bedroom, 1-bath unit, and the lower level is a 1-bedroom, 1-bath unit. There is a contractor ready to start immediately with an estimated rehab cost of $75,000, which includes new electrical, new plumbing, new A/C system, new flooring, new kitchens, new bathrooms, and interior/exterior paint. Don’t miss this incredible opportunity to own a duplex in the prestigious Historic District of Lake Eola, right in the heart of Downtown Orlando. Just steps from the iconic lake, this property offers prime access to parks, green spaces, and a wide variety of outdoor activities. With its unbeatable location, this property has strong potential for investors looking to generate income through long-term rentals or Airbnb (subject to proper permits).
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