tomo logo

$1,200,000

Beds
6
Baths
4.0
sq ft
3,202

627 N Hyer Ave, Orlando, FL 32803

627 N Hyer Ave

ORLANDO, FL 32803

  • 44 days on market
    • Price drop $75,000↓
Located within the historic Lake Eola Heights and Mills 50 District, this unique mixed-use property presents both residential and commercial potential! Situated just off East Colonial Dr., it’s conveniently located within a short stroll to top-rated restaurants, shopping, and essential businesses, all while remaining tucked away from heavy traffic! The main home, built in 1935, exudes historic charm, blending timeless features with modern-day conveniences! The detached unit, built in 1999, features a two-story layout with a garage and serves as a fantastic addition to the property! Each unit includes a separate 1 bedroom, 1 bathroom, kitchen, and washer/dryer creating unmatched additional living or rental potential! This is a rare opportunity to own a versatile property just five minutes outside of Downtown Orlando, with seamless access to Winter Park, College Park, Altamonte Springs, and Orlando International Airport via East Colonial Dr.! A short stroll brings you to Publix, eclectic bars, vibrant restaurants, entertainment, and parks, making it the ideal location for both work and play! Hillcrest Elementary is just down the street on Hyer Ave., adding extra convenience for families! The property has been successfully utilized for both business and rental purposes, providing endless possibilities for a buyer looking to maximize its full potential! Don’t miss your chance to secure a gem in one of Orlando's most sought-after districts!

Details

Property type

Single Family Residence

Est. home value

$725,284

Lot size

6,856 sq ft

Price per sq ft

$375

Year built

1935

Annual property taxes

$10,790

HOA

No

Price History

03/07/2025
StellarMLS

StellarMLS #O6279983

Price change
$1,200,000
-5.88%
02/14/2025
StellarMLS

StellarMLS #O6279983

Listed
$1,275,000
+231.6%
11/20/2014
StellarMLS

StellarMLS #O5313231

Sold
$384,500

Schools & Community

Neighborhood: 

Lake Eola Heights

Elementary school: 

Hillcrest Elem

Middle school: 

Lake Como School K-8

High school: 

Edgewater High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

U S Bank Natl Association N D

Loan start date

June 2002

Original loan amount

$56,000

Est. remaining balance

Not provided

Interest rate

6.94%

Loan type

New Conventional

Seller

Charles Sternberg

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 5:55 AM

Listing updated: 03/29/2025 at 2:31 PM

Listed by: Chukwudi Okeke Jr., SPORTS ESTATE LLC Phone #: (678) 768-1086

MLS: StellarMLS #O6279983

StellarMLS logo

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