Investment Home: 735 Terrace Blvd, Orlando, FL, 32803, Orlando, FL - $-51,132 Yearly Profit
Description

Welcome to a quintessential New England 1930’s masterpiece nestled in the heart of Orlando's enchanting Park Lake Highland neighborhood. This extraordinary 4-story lakefront retreat on the shores of skiable Lake Highland seamlessly blends historic Olde Florida charm with modern luxury, offering a lifestyle of elegance and sophistication. The home is re-wired, re-plumbed with a new roof in 2018. Boasting 4 bedrooms and 3.5 bathrooms, this captivating residence is a celebration of architectural excellence. Upon entering through the solid mahogany door, you are greeted by the warmth of wide plank oak floors that guide you through each thoughtfully designed space. The Living Room interior features tongue & groove oak walls and wood beams on the ceiling, creating an atmosphere of timeless grace.The dining room is adorned with Cypress shiplap, adding a touch of rustic charm to the sophisticated ambiance. Imagine entertaining guests in front of one of the two wood-burning fireplaces, each with its own unique character. One fireplace showcases original hand-painted Delft tile, a rare and exquisite touch that adds to the home's allure. A custom-designed kitchen with marble countertops awaits, providing a culinary haven for the aspiring chef with stainless steel appliances, natural gas range & a farmhouse sink, as well as a bar & butler pantry with a wine refrigerator. This Old House Magazine recognized the exceptional craftsmanship & innovation, awarding the house the honor of winning the national remodel contest in 2011. The accolades didn't stop there – the residence graced the cover of the magazine and received well-deserved attention in the Orlando Sentinel. Beyond its magazine fame, this remarkable property has been a sought-after backdrop for commercials and print advertising, adding a touch of celebrity to its already impressive resume. The expansive lakefront views from multiple vantage points and the meticulous attention to detail throughout the home make this property a rare gem in the heart of downtown Orlando. With over 50 windows, the southern exposure offers warm morning light & stunning sunset views in the evenings. There are original board & batten solid wood doors throughout the home. It has a seamless floor plan with two dining areas, a formal living room, and a lakefront family room with an awning covered balcony. The upstairs offers a spacious 400 sq. ft. primary suite with walk-in by Closets by Design, a double vanity, large shower & 1920s clawfoot tub. There are 3 more bedrooms upstairs and a 400 sq. ft. conditioned bonus room on the 4th floor attic not included in the total heated sq. ft. On the ground level is a walkout with a den/5th bedroom, full bathroom & large exercise room with padded wood floor, mirrors, bluetooth surround sound & colorful lights. The backyard is a Florida paradise - perfect for boating, fishing & paddleboarding! The large paver terrace, covered porch with summer kitchen with outdoor games & a hammock are perfect for relaxing days on the lake. The lakefront has a stone wall, dock and self standing boat lift. Close to Lake Highland Preparatory School, and the trendy shops & restaurants of Mills 50. Park Lake Highland is nationally recognized as one of the best neighborhoods in Orlando. Embrace the opportunity to own a piece of history and experience the epitome of refined living. This home has not been offered on the market in over 23 years. Your lakefront dream home awaits schedule a showing today!

Property Information
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Occupancy Rate
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Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$6504
Bedrooms
4
Bathrooms
4
SQFT
3,798
Furnished
unknown
Year built
1930
MLS
O6183392

Short-Term Rental Information
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$54,708

Revenue
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$498

Price/SQFT

Long-Term Rental Information
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$76,392

Revenue
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$6,366/mo

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