503 North Summerlin Avenue

Orlando, FL 32803

$1,349,000
Price
Beds
4,230 Sq. Ft.
$319 / Sq. Ft.
4,230
Sq. Ft.
$319
per Sq. Ft.

Description

RARE 2 parcel gated property in the heart of the Lake Eola Heights historic district on the corner of East Amelia Street and North Summerlin Avenue. The compound is impeccably landscaped, with loads of gated paver parking. Also, there is a private outdoor oasis highlighted by a custom-built hot water shower and a bbq/kitchen/entertainment garden. This meticulous 2007 construction known as Cottage Way is comprised of 2 custom-built unique structures that were stringently critiqued by the national...RARE 2 parcel gated property in the heart of the Lake Eola Heights historic district on the corner of East Amelia Street and North Summerlin Avenue. The compound is impeccably landscaped, with loads of gated paver parking. Also, there is a private outdoor oasis highlighted by a custom-built hot water shower and a bbq/kitchen/entertainment garden. This meticulous 2007 construction known as Cottage Way is comprised of 2 custom-built unique structures that were stringently critiqued by the national preservation and historic board. Each detail was built not only with fine quality but with great historic charm to match one of central Florida’s most sought-after. These two parcels are being offered for less than development cost and appraised value, in the midst of a tremendous downtown Orlando real estate boom. The corner piece of Cottage Way is a Spanish Mediterranean with 2300 square feet under air. Plenty of options for a new owner to explore, but with a second-floor laundry room and very large rooms “options” may be an understatement. From the curb, the elevation of the construction separates this property from all others, but also leads to high ceilings inside and a larger feel to the entire space. This property boasts amongst many other things, a two-floor Otis elevator with a full shaft, wood-burning fireplace, travertine tile, custom staircase, Sub Zero fridge, and much much more... A professional’s dream space for office, studio, and any other creative flex use. The second-floor balcony boasts views of the Orange County courthouse and of the downtown skyline. A true downtowners dream location. The second parcel which faces East Amelia Street is a lovely craftsman-style home, with a huge front porch and exquisite woodwork throughout its interior. The wood-burning brick fireplace with a wooden mantle makes the perfect centerpiece for the living room. This home features an enormous wardrobe room that is over 400 square feet. The master bath has plenty of open space to enjoy the jacuzzi bathtub or multi-head shower with multiple body jets. The master suite features a beautiful built-in bar with a custom wine rack, full sink, and built-in fridge leading to a great center theatre loft space. This is luxury living OR working (wink...wink) at its finest ... Schedule an appointment today, sellers are motivated!

Property Details for 503 North Summerlin Avenue

Subdivision Name
COTTAGE WAY
Township
22
Waterfront
No

Location

Listing Courtesy of FOLIO REALTY LLC, Jasmine Horn
Add your commute
LISTING UPDATED: 03/19/2021 12:22 AM

Property Details for 503 North Summerlin Avenue

StatusActive
MLS #O5923645
Days on Market1186
Taxes$16,485 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built2007
Lot Size0.21 AC / 8,939 SF
CountyOrange County

Location

Listing Courtesy of FOLIO REALTY LLC, Jasmine Horn
Add your commute

Building Information for 503 North Summerlin Avenue

Stories2Residences2Year Built2007Lot Size0.21 AC / 8,939 SF

Payment Calculator

$8,736 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,362

Property Taxes

$1,374

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 503 North Summerlin Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 5154.0
  • Building Area Units: Square Feet
  • Directions: From i4 head East on E Colonial Drive, Turn right on N Summerlin Ave, turn left on E Amelia St. Home is immediately on left.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Road Frontage Type: City Street
  • Unit Number: No
  • Street Number: 503
  • Street Direction Prefix: N
  • Street Name: SUMMERLIN
  • Street Suffix: AVENUE
  • State: FL
  • City: ORLANDO
Parking
  • Parking Features: 6 to 12 Spaces
Taxes and HOA Information
  • Tax Block: NA
  • Tax Book Number: 62-67
  • Tax Legal Description: COTTAGE WAY 62/67 LOT 1, COTTAGE WAY 62/67 LOT 2
  • Tax Lot: 1
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: 25-22-29-1774-00-020
  • Additional Parcels: Yes
  • Lot Features: Corner Lot, Historic District
  • Parcel Number: 25-22-29-1774-00-010
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2B/T/HP
  • Living Area: 4230
Property and Assessments
  • Year Built Numeric: 2007
  • Adjoining Property: Residential
  • Flood Zone Code: X
  • New Construction: No
  • Number Of Lots: 2
  • Property Condition: Completed
  • Public Survey Range: 29
  • Public Survey Section: 25
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Foundation Details: Slab
  • Levels: Two
  • Other Structures: Garage(s)
  • Pool: None
  • Pool Private: No
  • Roof: Tile
  • Waterfront Feet Total: 0
  • Number Of Stories: 2
Interior Features
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Cooling: Central Air
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No

Property History for 503 North Summerlin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 503 North Summerlin Avenue

Taxable ValueLand$166,500Additions$369,928Total$536,428
Tax Record2023$9,680 ($807 / month)
Home Facts
Beds3Total Finished SqFt1,859 SqFtAbove Grade Finished SqFt1,859 SqFtStories2Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built2007ZoningR-2B/T/HPCountyORANGEAPN25-22-29-1774-00-010Fireplace TypeHas Fireplace

Schools near 503 North Summerlin Avenue

This home is within Orange.
Rating
School
Type
Grades
Distance
Public - PK to 8
Charter - K to 8
Public - 8 to 12
Charter - 8 to 12
Rating
School
Distance
Lake Como Elementary School
PublicPK to 8

Cornerstone Academy Charter
CharterK to 8

Winter Park High School
Public8 to 12

Cornerstone Charter Academy High School
Charter8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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503 North Summerlin Avenue is a mixed use property for sale in Orlando, FL 32803. This property was listed for sale on February 18, 2021 by FOLIO REALTY LLC, it's currently listed at $1,349,000. It has been on the market for a total of 1186 days and was last sold on April 18, 2013. This listing's school district is Orange. Nearby schools include Lake Como Elementary School, Cornerstone Academy Charter and Winter Park High School. 503 North Summerlin Avenue is a 0-bed, 0-bath, 4,230 sqft mixed use property built in 2007.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of FOLIO REALTY LLC, Jasmine Horn

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 03/19/2021 12:22 AM