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Sold for $408,000
  • $408,000

    538 N Parramore Ave, Orlando, FL 32801

    3beds
    1,408sqft
    Single Family Residence
    Built in 1925
    10,204 Square Feet Lot
    $408,000 Zestimate®
    $290/sqft
    $2,531 Estimated rent

    Home value

    $408,000

    $375,000 - $441,000

    $2,531/mo

    Zestimate® history
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    What's special

    **Priced well below appraised value with seller financing available! This property qualifies for a credit through the seller's preferred lender** Prime opportunity in Downtown Orlando at 538 N Parramore Avenue, directly across from Creative Village and positioned within one of the city’s most transformative and forward-thinking districts. This location places you at the center of Orlando’s expanding westward growth corridor, surrounded by new residential, educational, office, and mixed-use development. The existing 1,408 SF building offers flexibility under ORL-I-G / T / PH zoning (Industrial General with Transit and Parramore Heritage overlays). Potential permitted uses may include office, professional services, studio, light industrial, or future redevelopment (buyer to verify intended use with the City of Orlando). Whether you envision repositioning the existing structure or holding for long-term appreciation, the zoning supports a broad range of possibilities. Accessibility is exceptional. The property is just two blocks from Colonial Drive (Hwy 50), moments from Amelia Street, and offers immediate connectivity to I-4, SR-408, and US-441. Its central Downtown Orlando location provides convenient access throughout Central Florida. Creative Village, UCF Downtown, Valencia College Downtown Campus, and major municipal and employment centers are all nearby, reinforcing the area’s continued public and private investment, infrastructure improvements, and measurable urban revitalization. Ideal for an owner-user, investor, or buyer seeking flexibility within a rapidly evolving Downtown Orlando district. Strategically located, well-connected, and positioned within an active growth corridor, 538 N Parramore Avenue presents a rare opportunity to establish a presence in one of Orlando’s most dynamic urban areas. For additional details, zoning verification, or to schedule a private tour, please contact the listing agent.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mayra Pinero, PA 321-356-6261,

    KELLER WILLIAMS ADVANTAGE III 407-207-0825

    Bought with:

    Mayra Pinero, PA, 3304599

    KELLER WILLIAMS ADVANTAGE III

    Source: Stellar MLS,MLS#: O6378557MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    Bedroom 3
    • Features: No Closet
    • Level: First
    Primary bathroom
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Loft
    • Features: No Closet
    • Level: Second
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Other
    • Laundry: Laundry Room, Other
    Features
    • Thermostat
    • Flooring: Luxury Vinyl, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 1,408
    • Total interior livable area: 1,408 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Sidewalk
    Lot
    • Size: 10,204 Square Feet
    Details
    • Parcel number: 262229623600100
    • Zoning: I-G/T/PH
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other, Wood Siding
    • Foundation: Other
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: ORANGE GROVE PARK
    HOA
    • Has HOA: No
    Location
    • Region: Orlando

    Financial & listing details

    • Price per square foot: $290/sqft
    • Tax assessed value: $174,199
    • Annual tax amount: $3,319
    • Date on market: 2/20/2026
    • Cumulative days on market: 118 days
    • Listing terms: Cash,Conventional,Other,Owner May Carry
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    7/8/2026Sold$408,000-18.2%$290/sqft
    Source: Stellar MLS #O6378557 Report a problem
    7/8/2026Contingent$499,000$354/sqft
    Source: Stellar MLS #O6378557 Report a problem
    6/18/2026Pending sale$499,000$354/sqft
    Source: Stellar MLS #O6378557 Report a problem
    4/28/2026Price change$499,000-5%$354/sqft
    Source: Stellar MLS #O6378557 Report a problem
    2/25/2026Price change$525,000-4.5%$373/sqft
    Source: Stellar MLS #O6378557 Report a problem
    2/20/2026Listed for sale$550,000+175%$391/sqft
    Source: Stellar MLS #O6378557 Report a problem
    10/10/2022Sold$200,000+77%$142/sqft
    Source: Public Record Report a problem
    11/13/2014Sold$113,000+43%$80/sqft
    Source: Public Record Report a problem
    11/16/2012Sold$79,000-38.3%$56/sqft
    Source: Public Record Report a problem
    2/12/2003Sold$128,000+2.4%$91/sqft
    Source: Public Record Report a problem
    6/21/1995Sold$125,000$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,319 +3.8%$174,199 +2.3%
    2023$3,198 +6.2%$170,253 +15.2%
    2022$3,011 +5.2%$147,792 +10%
    2021$2,862 +6.8%$134,356 +10%
    2020$2,680 +21.2%$122,142 +10%
    2019$2,211 +5.9%$111,038 +9.1%
    2018$2,089 $101,757 +10%
    2017$2,089 +10%$92,506 +1.3%
    2016$1,899 -0.5%$91,323 +5%
    2015$1,909 +27.5%$86,940 +28.1%
    2014$1,497 $67,867
    Find assessor info on the county website

    Neighborhood: Lake Dot

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $408,000
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    Estimated market value
    $408,000