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About this home
1020 Venetian Ave is a 1946-built home in University Heights, Orlando. Inside you'll find 3 bedrooms, 3 bathrooms, and 2,294 square feet of living space. Listed at $699,999 (about $305/sqft), 158 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
BRAND NEW ROOF (JUST INSTALLED) AND PAID OFF SOLAR PANELS!!!! 3 Driveways • 3 Entrances • 2 Homes! Incredible Investment Opportunity in the Heart of College Park / Downtown Orlando! Welcome to this rare and versatile property situated on a spacious corner lot of nearly 1/4 acre in highly desirable College Park! Featuring two separate homes, fully fenced and gated grounds, and multiple private entrances, this property offers endless possibilities for homeowners, investors, multi-generational living, or short-term rental income. The main residence facing Venetian offers: 2 Bedrooms, Dedicated Office, 2 Fully Renovated Bathrooms (2021), Potential space for a kitchenette conversion.Inside, you’re welcomed by a bright foyer leading into the spacious living and dining areas with beautifully refinished hardwood floors (2023). The office connects directly to the primary suite, which features a fully renovated bathroom and private exterior access. The secondary bedroom also includes: A fully remodeled bathroom (2021), Private entrance access , Flexible layout with potential for a private efficiency/in-law suite. The kitchen is equipped with natural gas appliances and sits at the rear of the home for added functionality and privacy. Detached Guest House / In-Law Suite Currently operating successfully as an Airbnb, the detached guest house generated: $25,000–$32,000 annually. Over $32,000 in 2023 alone This fully renovated (2019) guest home includes: 1 Bedroom, 1 Bathroom, Full Kitchen, Washer and Dryer, Tankless Gas Water Heater and owner is willing to sell fully furnished. Major Updates & Features-Solar panels TO BE PAID OFF AT CLOSING! Extremely low electric bills (under $100/month at peak usage), Septic system replaced in 2010, New drain field installed in 2024, Main house AC replaced in 2021, Fully fenced and gated property, Three separate driveways and entrances. Whether you’re looking for a primary residence with income potential or a turnkey investment property, this unique College Park gem checks every box. Schedule your private showing today before this home is SOLD!
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Quick answers.
Price
$699,999
$305 per sq ft
Beds and baths
3 beds, 3 baths
Size
2,294 sq ft
Time on market
158 days
Year built
1946
Monthly payment
About $4,294/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,520 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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