1501 WOODWARD Street
Property Description
Assumable FHA mortgage at a 2.762% interest rate available to qualified buyers, subject to lender approval and applicable FHA requirements. The outstanding principal balance was approximately $412,741 as of September 15, 2026, and is subject to change. Buyers should be prepared to pay the difference between the purchase price and the assumed loan balance in cash. Fully furnished, extensively updated duplex offering versatility in one of Orlando's established neighborhoods. Whether you're looking for an investment property, a multi-generational setup, or the opportunity to live in one unit while generating income from the other, this property offers multiple possibilities under one roof. The upstairs residence features 2 bedrooms, 1 bathroom, plus a bonus room, while the downstairs residence offers 2 bedrooms, 2 bathrooms, plus its own bonus room. Both units feature remodeled kitchens and bathrooms, updated flooring, and their own washer and dryer. One unit also features a tankless water heater. Both residences are offered fully furnished, creating a convenient, move-in-ready opportunity. Major improvements include a roof approximately five years old, solar panels, and extensive interior updates throughout both units. The property is currently receiving a fresh exterior repaint along with additional exterior enhancements. A generous lot and spacious driveway provide plenty of room for residents and guests. Currently utilized by the Seller as a short-term rental, the property has an established rental history, with the Seller reporting approximately $78,000 in combined gross short-term rental revenue for calendar year 2025. Historical revenue and prior use do not guarantee future rental income or continued short-term rental eligibility. Both units are also currently being offered for long-term rental. Buyers should independently verify permitted uses, rental restrictions, and applicable City of Orlando requirements. Located near Downtown Orlando, Mills 50, Colonialtown, shopping, dining, entertainment, and major roadways, this renovated, furnished duplex offers flexible living and ownership possibilities in the heart of Orlando. Live in one unit and rent the other, or explore an investment strategy consistent with applicable regulations. Schedule your private showing today.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $639,900 |
| No. of Units: | 2 |
| Year Built: | 1937 |
| Lot Size: | 1,600.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $319,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 3 |
ID: 3yd-MFRMLSFL-O6445255
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