$675,000

2945 SOUTHGATE TERRACE, Orlando, FL 32818

  • 5 beds |
  • 5 baths |
  • 1,950 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $346/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

INCOME PRODUCING OPPORTUNITY! 3 Residences on one parcel! Welcome to a truly unique property that blends flexibility, functionality, and style—all on a spacious and fully fenced .43-acre lot with an automatic gated entrance from the back, just a short walk from Lake Stanley! Previously listed as a 4-bedroom, 2-bathroom home, the current main home layout features a 3-bedroom, 2-bathroom with an expanded master suite for a more luxurious feel. What truly sets this property apart are the two fully separate Additional Dwelling Units (ADUs)—ideal for multigenerational living, guest housing, or rental income: A converted garage studio, approximately 500 sq ft, with a private bedroom, full kitchen, living area, and bathroom. (Currently Leased) A standalone tiny house, also about 500 sq ft, fully self-sustained with electrical, city water, and septic connected to the main house. It even includes a private deck for a cozy outdoor retreat. (Currently Leased) Step inside the main home to discover modern updates throughout, including: Newer roof (2022), A/C (2022) updated electrical (2022), stylish fixtures, tile flooring, and fresh paint. A designer kitchen with quartz countertops, custom cabinets, stainless-steel appliances, and a spacious basin sink. A Florida room that leads to the outdoor oasis. The outdoor spaces provide so much more than meets the eye: A beautifully landscaped rock pathway connects all units, blending aesthetics with low maintenance. A resurfaced pool with a wood deck, complemented by a half bath, perfect for hosting. A fully functional outdoor kitchen inside a private, block-walled lanai for ultimate entertaining. The back patio doubles as a paved parking lot, accommodating 5+ vehicles, a boat, or RV. The front driveway fits 5+ cars, ideal for gatherings or multiple tenants. Bonus features include: City water and well water—the latter used for the WiFi-controlled irrigation system. Furniture and RV are included with full-price offers, making it a turn-key option for vacation rentals or investors seeking multiple income streams. Located on a quiet cul-de-sac street, offering peace of mind and added privacy. No HOA, giving you the freedom to fully utilize the property as you wish. Whether you're looking to live, host, rent—or all of the above—this property is more than a home; it’s a private lifestyle compound filled with opportunity.

Listing Status:
Active
Date Added:
April 15, 2025 at 05:00AM
Listing Office:
COMPASS FLORIDA LLC : 407-203-9441
Listing Agent:
Jacky Herrera : 407-497-1599
MLS ID:
O6299593
  • General: Built-in FeaturesCeiling Fan(s)Eating Space In KitchenPrimary Bedroom Main FloorSolid Wood CabinetsStone CountersThermostat
  • Rooms: Bonus RoomBreakfast Room SeparateDen/Library/OfficeFamily RoomFlorida RoomInterior In-Law Suite w/Private Entry
  • Appliances: DishwasherElectric Water HeaterRangeRange HoodRefrigerator
  • Laundry: Electric Dryer HookupInsideLaundry RoomOtherWasher Hookup
  • Flooring: Ceramic Tile
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Living RoomWood BurningFireplace

This listing courtesy of Jacky Herrera, COMPASS FLORIDA LLC

Location

Schools Nearby

C

Citrus Elementary School

87 N Clarke Rd, Ocoee, FL, 34761

Grades KG-5

1.27 miles away

A

Acceleration West

2751 Lake Stanley Rd, Orlando, FL, 32818

Grades 6-12

0.17 miles away

A

Acceleration West

2751 Lake Stanley Rd, Orlando, FL, 32818

Grades 6-12

0.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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