2945 SOUTHGATE TERRACE
ORLANDO, FL, 32818
$620,000
5 Beds
4.5 Baths
2,286 SqFt
0.43 Acres
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$620,000
2945 SOUTHGATE TERRACE
ORLANDO, FL, 32818
Exceptional income-producing property located in a quiet cul-de-sac in Orlando, with no HOA and endless possibilities for rental income or multi-generational living. This fully renovated and furnished single-family home sits on a 0.43-acre lot and includes two independent rental units, both with private entrances and already generating income. The main residence offers 3 bedrooms, 2 bathrooms, modern tile flooring throughout, updated kitchen and bathrooms, a large enclosed Florida room, private pool with dedicated half bath, BBQ area, and access to both city water and private well, reducing utility costs. Unit 1 is an attached 1-bedroom, 1-bathroom apartment with full kitchen and living/dining area, while Unit 2 is a detached 1-bedroom, 1-bathroom guest house with full kitchen and dining area. Both units are fully furnished, renovated, and equipped. The property also includes installed utility connections (water, electric, septic) ready for an additional rental unit, such as an RV or manufactured home, offering an excellent opportunity to expand income potential. Ample parking is available with space for 2–4 vehicles at the front driveway and 6–8 additional spaces at the rear, accessed through a motorized gate. The entire lot is fully fenced, ensuring privacy and separation between the main residence and rental units. Recent upgrades completed in 2022 include a new roof, new A/C system, updated electrical, and all new tile flooring and fixtures. This is a turn-key investment opportunity, ideal for owner-occupants or investors seeking strong immediate returns from multiple income streams.

Property Details

Price:
$620,000
MLS #:
O6341870
Status:
Active
Beds:
5
Baths:
4.5
Address:
2945 SOUTHGATE TERRACE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WOODSMERE MANOR
Neighborhood:
32818orlandohiawasseepinehills
City:
ORLANDO
Listed Date:
Sep 5, 2025
State:
FL
Finished Sq Ft:
2,286
Total Sq Ft:
2,628
ZIP:
32818
Lot Size:
18,647 sqft / 0.43 acres (approx)
Year Built:
1961

Schools

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central, Electric
Laundry Features
Laundry Room

Exterior

Construction Materials
Concrete
Exterior Features
Garden, Irrigation System, Outdoor Grill, Outdoor Kitchen, Storage
Roof
Shingle

Financial

Tax Year
2024
Taxes
$5,229
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2945 SOUTHGATE TERRACE
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