Off-Market Property at 721 Baxter St, Orlando, FL, 32806
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721 Baxter St, Orlando, FL, 32806

$1,350,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $220 per day and long-term for an average of $8,367 per month, based on similar listings in the area. Estimated short-term cap rate of -3.8%. Estimated long-term cap rate of 0.2%. One or more photo(s) has been virtually staged. Experience the extraordinary in this one-of-a-kind residence nestled in Orlando's sought-after SoDo district. Situated on a sprawling 1.06-acre lot with 494 ft. of depth, this private custom home boasts mature, lush landscaping illuminated by enchanting lighting. The entire property is enclosed by a secure fence with a gated entrance. Step into the dramatic steel and glass atrium with a lighted trough, 16-foot wood ceiling, perimeter seating, and soffit lighting. French pattern travertine flooring is featured throughout the home with 5” travertine baseboards in the atrium and kitchen. The chef's kitchen is a culinary haven, boasting a 9-foot Cesarstone counter replete with generous drawers, an induction cooktop paired with a top-tier hood system, and a set of double ovens for culinary mastery. Its stainless steel sinks, measuring 18" by 18" and deep drawn, offer both style and functionality, while a dedicated utility sink (16" by 18") complements the space. The marine edge countertops add a touch of sophistication, while onyx accent lighting and travertine tile elevate the ambiance. Storage abounds within the expansive pantry, measuring 3 ft. by 9 ft., catering to all your organizational needs. The master suite is a sanctuary with an enormous walk-in closet, a bedroom adorned with a Krutsinger lighted coffered ceiling, and a stunning view of 50-80-foot oak trees. The master bath exudes luxury with an 8-foot solid surface counter, double sinks, steam shower, jetted tub, private toilet, and golden onyx detailing on floors, walls, and ceiling. Additional features include two bedrooms with granite-finished baths, a laundry room with solid wood cabinets, and a versatile game room connected to a theater complete with a projector and large screen. A den with wood shutters leads to a steel-framed, screened lanai with honed edge travertine tile. This meticulously remodeled and updated home, enhanced in 2009, exudes elegance and sophistication. The home is equipped with three zoned HVAC units, interior concrete block walls and insulated windows that contribute to its energy efficiency. Indulge your passion for automotive and recreational pursuits in this property designed for enthusiasts. The residence beckons with a spacious 4-car garage, complete with a dedicated tool and storage area measuring 10 feet by 21 ft, ensuring ample space for your vehicles and equipment. For added versatility, there's a 2-car garage seamlessly connected to a mini split air-conditioned apartment (18 ft by 15 ft), featuring a full bath adorned with granite walls and ceiling—a perfect retreat or guest space. The driveway, showcasing a harmonious blend of patterned concrete and pavers, not only adds to the aesthetic appeal but also provides the possibility of accommodating boats or RVs. Experience serene views of Lake Pineloch at this exceptional residence, a tranquil haven within reach of Orlando's key hubs and conveniences and 1.3 miles away of the Conway Chain of Lakes public boat access. Enjoy the rare blend of tranquility and proximity to Downtown Orlando, Orlando International Airport, I4, 408, and renowned schools like Blankner Elementary/Middle and Boone High. Plus, with nearby access to grocery stores, eateries, and places of worship, this distinctive home offers both peacefulness and convenience for an unmatched living experience.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$11006
Bedrooms
4
Bathrooms
4
SQFT
4,455
Furnished
unknown
Year built
1949
Listing Status
Off Market
MLS
O6170467

Short-term Rental Potential
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$46,560

Revenue
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Profit
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Cap rate
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Cash on Cash
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$303

Price/SQFT

Long-term Rental Potential
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$100,404

Revenue
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Profit
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Cap rate
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Cash on Cash
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$8,367/mo

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