Nestled in the heart of Orlando, this 1971 Florida-style bungalow presents a unique opportunity for those looking for a renovation project, priced $150,000 below market value as a distressed property sale. The main house, constructed with original 1971 concrete blocks, spans 3 bedrooms and 3 baths with potential to convert into a 4 or 5 bedroom layout, and is in need of significant repairs and updates. The property sits on a generous 0.86-acre corner lot, fully enclosed with chain-link fencing and offering dual access from both intersecting roads, providing ample space for landscaping, gardening, citrus trees, or additional structures. Additionally, there is a 550 sq ft mother-in-law unit featuring 1 bedroom and 1 bathroom, connected to the main house by a patio-style awning, ideal for an outdoor relaxation area or hot tub, but like the main house, it requires remodeling. A detached 2-car garage and workshop, spanning 1000 sq ft (20x50), offers ample space for vehicles, storage, and a dedicated workshop area. This property is perfect for parking boats, RVs, and work vehicles without the hassles of HOAs.This property is an ideal investment for seasoned renovators or those seeking a project to tailor a home to their tastes. Situated in a desirable East Orlando location 100 yards from Hwy 50, the property offers a chance to capitalize on its potential post-renovation. Whether looking to create a dream home, invest in a profitable flip, or develop a rental income property, this bungalow and its accompanying structures offer a canvas for imagination and hard work. This is a unique investment opportunity in one of Florida's most vibrant cities. Cash buyers only.
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