$620,000
For Sale

2945 SOUTHGATE TERRACE

Orlando, FL 32818
2628 sqft | 5 beds | 4.5 baths | 0.43 acres | #O6341870
Browse 46 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Exceptional income-producing property located in a quiet cul-de-sac in Orlando, with no HOA and endless possibilities for rental income or multi-generational living. This fully renovated and furnished single-family home sits on a 0.43-acre lot and includes two independent rental units, both with private entrances and already generating income. The main residence offers 3 bedrooms, 2 bathrooms, modern tile flooring throughout, updated kitchen and bathrooms, a large enclosed Florida room, private pool with dedicated half bath, BBQ area, and access to both city water and private well, reducing utility costs. Unit 1 is an attached 1-bedroom, 1-bathroom apartment with full kitchen and living/dining area, while Unit 2 is a detached 1-bedroom, 1-bathroom guest house with full kitchen and dining area. Both units are fully furnished, renovated, and equipped. The property also includes installed utility connections (water, electric, septic) ready for an additional rental unit, such as an RV or manufactured home, offering an excellent opportunity to expand income potential. Ample parking is available with space for 2–4 vehicles at the front driveway and 6–8 additional spaces at the rear, accessed through a motorized gate. The entire lot is fully fenced, ensuring privacy and separation between the main residence and rental units. Recent upgrades completed in 2022 include a new roof, new A/C system, updated electrical, and all new tile flooring and fixtures. This is a turn-key investment opportunity, ideal for owner-occupants or investors seeking strong immediate returns from multiple income streams.

  • Property Details
      • Exterior MaterialsGarden, Outdoor Grill, Outdoor Kitchen, Storage
      • InteriorCeiling Fans(s), Primary Bedroom Main Floor
      • Property SubtypeSingle Family Residence
      • Utility FeaturesElectricity Connected
      • Utility SourcePrivate, Public
      • SubdivisionWOODSMERE MANOR
      • Sewer InformationPublic Sewer
      • Property ConditionCompleted
      • Property TypePurchase
      • Original List Price$620,000
      • MLS #O6341870
      • MLS #O6341870
      • CountyOrange
      • Taxes Annual$5,228
      • Cost620000
      • Acres0.43
      • Square Feet2628
      • Year Built1961
      • FoundationSlab
      • Bathrooms4.5
      • Bedrooms5
      • Full Baths4
      • Half Baths1
      • Stories1
      • Parking Spaces8
      • Days on Market (Cumulative)2

Location

Yazmin AguilaReal Estate Group
OR

Interested in Purchasing 2945 SOUTHGATE TERRACE?

Get an estimate on monthly payments on this property.

$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00