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1550 Lake Baldwin Lane, Orlando, FL 32814

$1,228,000

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Property Description

Under contract-accepting backup offers. Imagine living, working, and earning - all in one beautifully updated space. This rare 3-in-1 live/work property offers the ultimate blend of modern comfort, flexibility, and built-in income potential in the scenic, highly desired community, Baldwin Park. The two-story townhome features 3 bedrooms and 2.5 bathrooms, thoughtfully updated with new luxury vinyl flooring, plush new carpet in all bedrooms, and fresh interior paint throughout. The spacious kitchen is designed for both function and style, showcasing updated cabinetry, new appliances, granite countertops, and a built-in workstation-perfect for today's work-from-home lifestyle. A convenient half bath on the main level adds everyday ease.Upstairs, the primary suite is a true retreat with dual walk-in closets and a luxuriously remodeled en-suite bath. Two additional generously sized bedrooms each offer French door access to a private balcony, overlooking the charming neighborhood. A full laundry room, abundant storage, and an attached two-car garage complete the townhome's appeal.Adding to the versatility, the separate, fully updated 1-bedroom, 1-bath apartment is located upstairs at the rear of the building-ideal for generating rental income, hosting guests, or housing extended family. This unit features new cabinetry, appliances, quartz countertops, double vanities, custom mirror, new fixtures throughout, custom walk-in closet and includes one assigned parking space.The third component is a street-accessible commercial unit with two large offices, a spacious storage room, and a half bath, accessible from both the courtyard and directly from the sidewalk. Perfect for a boutique, professional office, or service-based business, this space offers excellent visibility among the established businesses lining Lake Baldwin Lane-creating yet another income-producing opportunity.Recent upgrades provide peace of mind, including new A/C units installed in 2024. New roof installed December 2025, new exterior paint completed by HOA in 2024. Association also maintains the courtyard and landscaping, allowing you to enjoy a low-maintenance lifestyle while maximizing flexibility and earning potential. Baldwin Park isn't just a place to live - it's a way of life. Step outside your door and enjoy a vibrant town center filled with shops, restaurants, and everyday conveniences, all set against a beautifully walkable community. Scenic trails wind throughout the neighborhood, including a stunning 2.5-mile path along Lake Baldwin, perfect for morning jogs or evening strolls. Pet lovers will appreciate the nearby dog park with lake access, giving your furry friends space to play and cool off. Residents also enjoy an exceptional array of amenities, including multiple parks and playgrounds, three community pools, and fully equipped fitness centers, all conveniently located within the neighborhood. Whether you're looking to live stylishly, run a business steps from home, or invest in multiple income streams, this exceptional property delivers a lifestyle that truly works for you. Don't miss this opportunity! Schedule your private showing today!

1550 Lake Baldwin Lane | MLS# O6368227

This multi-family property located at 1550 Lake Baldwin Lane, Orlando, FL 32814 is currently listed for sale with an asking price of $1,228,000. Search Orlando real estate on tiffanym.watsonrealtycorp.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2
Heating: Central, Electric
Lot Size: 0.08 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $13,686
Year Built: 2006
Square Feet: 3,150

Amenities

Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
Open Floorplan
PrimaryBedroom Upstairs
Stone Counters
Walk-In Closet(s)
Window Treatments
Balcony
French Doors
Private Entrance
Rain Gutters
Sidewalk

Feature Descriptions

Additional Rooms: Great Room, Inside Utility
Annual Net Income: 102000.00
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Association Amenities: Clubhouse, Fitness Center, Park, Playground
Community Features: Clubhouse, Dog Park, Fitness Center, Golf Carts OK, Park, Playground, Pool, Sidewalks, Street Lights
Days on Site: 76
Directions: From East Colonial head north on Bennett Road, turn right on New Broad Street, turn right on Common Way Road, turn left on Lake Baldwin Lane. Building is located on left side.
Energy Efficient: Appliances, HVAC
Exterior: Block, Stucco, Frame
Flood Zone Code: X
Flooring: Carpet, Ceramic Tile, Luxury Vinyl
Foundation: Slab
HOA Fee: 1058/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Conventional, FHA, VA Loan
Lot: In County, Level, Near Public Transit, Sidewalk, Paved
Lot Dimensions: 0.08
Other Equipment: Irrigation Equipment, Private Entrance
Ownership: Fee Simple
Parking: Garage Door Opener, Garage Faces Rear, Ground Level, Guest
Parking Notes: Garage Door Opener, Garage Faces Rear, Ground Level,
Patio/Porch: Front Porch, Side Porch
Pets Allowed: Yes
Pets Restrictions: Buyer (s) to independently verify ALL rules/restrictions with Association Management prior to purchase.
Property Attached Y/N: Yes
Property Sub-Type: Triplex
Security: Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Sentri Lock Box,24 Hour Notice, Call Listing Agent, ShowingTime
Special Sale Provisions: None
Units: 3
Utilities: BB/HS Internet Available, Electricity Connected, Fire Hydrant, Public, Underground Utilities
Water: Public
Water Access Y/N: No
Windows: Blinds, Drapes, Window Treatments
Zoning: PD

Local Schools

High School: Winter Park High
Middle School: Glenridge Middle
Elementary School: Baldwin Park Elementary

Listed By / Shown By

Listed By

Agency Name: CHARLES RUTENBERG REALTY ORLANDO
Agency Contact: 407-622-2122

Shown By

Agent Name: Tiffany Matics-Machusak
Agent Phone: (304) 545-7827
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 7,420.27 per month $5,921.60 Principal & Interest $1,140.50 Property Tax $358.17 Homeowner's Insurance

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