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Philip & Perrine Dowling

perrine@dowlingteam.com +1(239) 537-3332

$950,000

Est. payment - /mo

1,594 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,594 sqft

Price per Sqft $595

Subdivision Crystal Rdg Sub

MLS Listing ID O6404839

HOA Y/N No

Year Built 1950

Annual Tax Amount $3,243

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type Triplex

Source Stellar MLS

Property Description

Under contract-accepting backup offers. Step inside this home from anywhere! To experience a fully immersive walk-through of this home click on the Video or Virtual Tour button on this page. Exceptional investment opportunity in the heart of Downtown Orlando! Situated on just over half an acre in the highly desirable SODO/Downtown Orlando corridor, 2119 S Fern Creek Ave offers incredible income-producing potential with 10 total units across three separate buildings. Whether you are looking to expand your real estate portfolio, pursue a value-add opportunity, house hack by living in one unit while generating rental income from the others, or explore future redevelopment possibilities, this versatile multi-family property delivers endless potential. Currently occupied with nine long-term tenants in place, the property generates over $92,000 in gross annual income, providing immediate cash flow for investors. The main building features four units, while the second and third buildings offer six efficiency units combined, creating a flexible and diversified rental setup. The property is enhanced by mature landscaping, charming curb appeal, abundant on-site parking, additional storage and shed space, and even a unique tree house tucked away in the rear of the property. Residents enjoy comfortable living spaces in a prime central location just minutes from Downtown Orlando, Orlando Health, shopping, dining, entertainment, major highways, parks, and everything the vibrant downtown lifestyle has to offer. Opportunities like this are rare — ideal for investors seeking strong rental income, multi-generational living, redevelopment potential, or long-term appreciation in one of Orlando's most sought-after growth areas.

Location

State FL

County Orange

Community Crystal Rdg Sub

Area 32806 - Orlando/Delaney Park/Crystal Lake

Zoning R-3

Interior

Interior Features Ceiling Fans(s)

Heating Ductless

Cooling Mini-Split Unit(s), Wall/Window Unit(s)

Fireplace false

Laundry Laundry Room, Other

Exterior

Exterior Feature Other

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool No

Building

Foundation Crawlspace, Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Schools

High Schools Boone High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Robert Christiano COLDWELL BANKER REALTY

2119 S FERN CREEK AVE Orlando, FL 32806