#O6202991, Patti-Jo Jungreis, Listing Office: ALL REAL ESTATE & INVESTMENTS
$10,000
closing credit¹
806 Palmer St Orlando, FL 32801
Property details
About 806 Palmer St
This unique multifamily investment opportunity is a one-of-a-kind portfolio is must-see. Comprising a front duplex and a single-family home in the back, this property offers the perfect blend of modern living and income potential. Located just three blocks south of downtown Orlando, this 95% new construction—completed in July 2023—sits on a quiet street in the highly sought-after Lake Davis neighborhood. Surrounded by lush landscaping, large oak trees, and beautiful city parks, this is a prime location that provides tranquility while being close to everything Orlando has to offer. Lake Davis is only two blocks away, and the property is conveniently located near Delaney Park and Lake Eola. Top attractions such as the Dr. Phillips Performing Arts Center, the Amway Center, and ORMC are less than 2 miles away Each unit features high-end finishes and top-of-the-line amenities. They include separate water and electrical meters, open concept living rooms and kitchens, and smart-home technology like Alexa-controlled recessed lights and ceiling fans. The homes are beautifully finished with Shaw Floorte PRO 7 floors, Mi Low E double-pane casement windows, Infinity quartzite natural stone countertops, and 42” all-wood shaker cabinets. Kitchens are equipped with convection ovens, induction stovetops, vented hoods, stainless steel appliances, and farmhouse sinks. Both front units offer covered porches and one parking space each, with additional storage available in a secure 3'x8' room off the rear unit. The back unit boasts a spacious 8'x16' Trex composite deck and a one-car garage with insulated door, jack shaft auto deadbolt opener, and 50-amp car charger plug. The shared community space features a picnic table, grill area, and overhead string lights for a welcoming outdoor atmosphere. This property has been meticulously constructed with new roofing, plumbing, electrical systems, and framing. Key upgrades include Bora-Care termite treatment for wood framing, hurricane-rated materials, insulated dividing walls for soundproofing, and even underground AT&T fiber internet. Currently, all three units are rented to professionals on one-year leases or MTM. As long as one of the units is designated as a long-term rental, one of the others can be used to generate income through as an Airbnb, or all three units can be utilized as investment properties. Whether you’re looking for a triplex to call home or a smart investment with long-term potential, this property offers it all. <iframe width="853" height="480" src="https://my.matterport.com/show/?m=1acwmeAY7iS&mls=1" frameborder="0" allowfullscreen allow="autoplay; fullscreen; web-share; xr-spatial-tracking;"></iframe>
Highlights
Virtual tour
Summary
- MLS Number: O6274985
- MLS Name: MFRMLS
- Office Name: RE/MAX 200 REALTY
- Office Phone: (407) 629-6330
- Listing Agent: Abby Nelson
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Last updated on: 2/5/2025, 5:20:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of home featuring a garage, a porch, and a lawn](/homes/listing-images/48696402_S0043/S0043/S0043-R0100/MFRO6274985/679a9b5d4e6def5274f18bef.jpg?version=1738186897&width=640)
$1,199,900
806 Palmer St
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 25, 2021 | Home Sold | $320,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $328,381 | $6,186 |
2022 | $308,430 | $5,844 |
2021 | $179,393 | $5,844 |
2020 | $176,916 | $2,807 |
2018 | $169,713 | $2,715 |
2017 | $166,222 | $2,674 |
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
2.4 mi
•3101 Woods St
1
United Cerebral Palsy Downtown Charter
Public Charter PK-5
2.4 mi
•4680 Lake Underhill Rd
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 $55,000. Typical income of Orlando, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 806 Palmer St in Orlando, FL and zip code 32801 in the Lake Davis / Greenwood neighborhood. This 2,288 square foot home, which was built in 1947, sits on a 0.19 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $1,199,900.
In January 2025 more than 50 listings in Orlando, FL were sold above the asking price. During the same period more than 104 listings were sold at asking price, while more than 373 were sold below. In January 2025 in Orlando, FL there were 7.2% more homes for sale than in December. In January 2025 median list price was $395,878 and the average listing age was 60 days.