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About this home
5701 Padgett Cir is a 1959-built home in Acreage, Orlando. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,772 square feet of living space. Listed at $500,000 (about $282/sqft), 10 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
Not every house needs to be brand new to be the right house. Sometimes, it’s the opportunity that makes it special. Sitting on nearly a full acre directly on spring-fed Lake Jessamine with approximately 99 feet of waterfront, this 3-bedroom, 2-bath home offers 1,772 square feet and something you can’t create with a renovation: the land, the water and the view. Inside, original terrazzo flooring adds character, while a wall of glass across the main living area keeps the lake front and center. The home is ready for a new direction, with a solid footprint and plenty of opportunity to make it entirely your own. Outside, the expansive backyard stretches toward the water, with plenty of room to rethink the outdoor space around that incredible view. A tall 9-foot block wall along the right side adds privacy, while Lake Jessamine puts boating, watersports and days on the water right in your backyard. Convenient to SoDo, Downtown Orlando, I-4, shopping and Orlando International Airport, this is a chance to create something special without giving up proximity to the city. The setting is already here. Bring the vision and take the home in a whole new direction.
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The essentials
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Details
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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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$500,000
$282 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,772 sq ft
Time on market
17 days
Year built
1959
Monthly payment
About $2,891/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $400 annual tax bill, insurance.
Flood zone
Zone AE
That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.
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