#O6197392, Mike Long, Listing Office: COLDWELL BANKER REALTY
507 Palmer St Orlando, FL 32801
Property details
About 507 Palmer St
Step into your private urban oasis in the historic Lake Cherokee neighborhood, right in the heart of downtown Orlando. Nestled on a full-acre corner lot, this stunning mid-century modern ranch-style home offers the perfect blend of luxury, comfort, and convenience. Just a short walk to the Dr. Phillips Center, Lake Eola, Thornton Park, restaurants, and downtown’s vibrant business district, this one-of-a-kind property offers resort-style living at its finest. This 5-bedroom, 4.5-bath home is surrounded by mature landscaping, including majestic oak trees, making it one of Lake Cherokee’s most beautiful properties. The completely renovated chef’s kitchen features waterfall quartz countertops, an oversized Subzero refrigerator and freezer, a Dacor appliance suite with a 48-inch range, hood, and microwave, plus a Dacor four-bottle wine dispenser, two Subzero refrigerator drawers, and a dual-zone wine fridge—everything you need to entertain in style. For wine enthusiasts, the newly installed 1,300-bottle, temperature-controlled wine cellar with vintage view racks, custom flooring, and lighting sets the stage for unforgettable dinners. A dry bar with a cork countertop and integrated lighting enhances the dining experience. Integrated Sonos speakers throughout the home, including the outdoor living spaces, ensure seamless entertainment inside and out. The home features refinished original hardwood floors, complemented by a beautifully renovated living room with an expansive fireplace, quartz countertops, and built-in media storage. Start each day with serene views of swans gliding across Lake Cherokee from the luxurious primary suite. The suite includes an attached office with a built-in desk, breakfast bar, and expansive his-and-hers walk-in closets. The spa-inspired primary bath boasts a soaking tub, double shower, double vanity, and a Toto smart bidet toilet. The guest bedrooms are generously sized, each with oversized closets, while the remodeled guest bath features marble, granite, and a rain shower. The backyard feels like a secluded retreat, surrounded by mature bamboo. An outdoor kitchen, complete with a grill, ceramic searing burner, double burners, steamer, deep fryer, and wok stations, overlooks the expansive saltwater pool and spa with an outdoor shower and pool bath. The recently updated mother-in-law suite includes new floors, air conditioning, energy-efficient doors, and a gas water heater. A walkout balcony with an extended rooftop deck offers a spectacular view of Lake Cherokee. This home has undergone significant infrastructure upgrades, including complete re-piping, new insulation, outdoor lighting, and a security gate for added privacy and peace of mind. Don’t miss the chance to call this extraordinary property home—where modern luxury meets historic charm, all within walking distance of downtown Orlando’s best offerings. Schedule your private showing today!
Highlights
Virtual tour
Summary
- MLS Number: O6277175
- MLS Name: MFRMLS
- Office Name: PARK PLACE REAL ESTATE
- Office Phone: (407) 504-1110
- Listing Agent: Carole Waller
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 11:19:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
![view of front facade featuring a yard](/homes/listing-images/48696402_S0043/S0043/S0043-R0100/MFRO6277175/67a11c296a852254f7b422f6.jpg?version=1738612532&width=640)
$2,995,000
507 Palmer St
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 09, 2022 | Home Sold | $2,400,000 |
Dec 29, 2015 | Home Sold | $710,000 |
Oct 13, 2015 | Home Sold | $850,000 |
Dec 01, 2004 | Home Sold | $846,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $2,063,880 | $36,668 |
2022 | $757,997 | $13,127 |
2021 | $735,919 | $13,127 |
2020 | $725,758 | $12,937 |
2018 | $696,213 | $12,607 |
2017 | $681,893 | $12,458 |
History based on county public records data.
Nearby schools
9
Hillcrest Elementary School
Public Magnet PK-5
1.1 mi
•1010 E Concord St
2
Pineloch Elementary School
Public District PK-5
2.3 mi
•3101 Woods St
6
Orange Center Elementary School
Public Magnet PK-5
2.3 mi
•621 S Texas Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,234. Typical income of Orlando, FL residents is less than $<35k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 507 Palmer St
This home is located at 507 Palmer St in Orlando, FL and zip code 32801 in the Lake Cherokee neighborhood. This 4,434 square foot home, which was built in 1949, sits on a 1.00 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $2,995,000.
While more than 50 listings in Orlando, FL in January 2025 were sold above asking price, there were more than 104 listings sold at asking price, and more than 373 were sold below. The inventory of homes for sale in Orlando, FL between December and January 2025 increased by 7.2%. Listings spent 60 days on the market in January 2025, and had a median list price of $395,878 during the same period.