2304 Formosa AVENUE, Orlando, FL 32804

$1,024,900 Asking Price

5 beds
5 baths
3,402  sqft
Built in 2024

Brand-New Construction with Income-Generating Potential! Separate 1/1 ADU Over Garage with Covered Carport! Welcome to your stunning new home, where everything is fresh, modern, and ready for you to move in—no need for renovations when you can enjoy a custom-built, brand-new residence! This exceptional property, located in the heart of sought-after College Park, offers the perfect blend of luxury, functionality, and additional income potential. Step into the expansive Great Room and gourmet Kitchen, thoughtfully designed to accommodate both daily living and entertaining. The well-appointed Kitchen boasts sleek Quartz countertops, 36" cooktop with separate wall/microwave/oven, and high-end Stainless Steel appliances, offering everything the modern chef could desire. The Primary Suite is conveniently located on the main floor, featuring a spacious bathroom with elegant finishes and a generously sized walk-in closet. Upstairs, you’ll find three more large bedrooms, each with its own walk-in closet, plus a versatile Loft space (27x16), perfect for a second living area, home office, or playroom. But that’s not all—this property comes with a fantastic opportunity for income potential! The separate 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) above the garage has its own private entrance, complete full kitchen. Ideal for generating rental income, hosting guests, or creating a cozy home office, this space gives you the chance to build equity while collecting rent! Additional conveniences include an upstairs laundry room, a two-car garage, and a covered carport for extra parking. This home is designed to provide both comfort and style, while also offering the opportunity to earn rental income. Don't miss your chance to live on The Drive, one of College Park’s most vibrant streets. Schedule your private showing today and experience the best of modern living in this incredible new home! Photos are of staged model next door with similar finishes.

Features & Amenities

Interior

General:
Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Stone Counters, Thermostat, Walk-In Closet(s)
Appliances:
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Laundry:
Electric Dryer Hookup, Inside, Laundry Room, Upper Level, Washer Hookup
Flooring:
Laminate, Porcelain Tile
A/C:
true, Central Air
Heating:
true, Central

Exterior

General:
French Doors, Guest House

Construction

Roofing:
Shingle
General:
Block, Stucco, Wood Frame, Two, Slab

Location

Road/Access:
Asphalt
Originating MLS:
Stellar MLS
County:
Orange

Lot

Zoning:
R-2A/T/W, HILLCREST HEIGHTS 2ND ADDITION J/1 THE S40 FT LOT 109 & THE NORTH 5 FT OF LOT 110 SEE DOC# 20170479020, 142229362801092

Utilities

Utilities:
BB/HS Internet Available, Electricity Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Stellar MLS

This listing courtesy of:
RE/MAX EXCLUSIVE COLLECTION, Kim Griffin

About Orlando, FL

Housing

Number of Units
434,743
Median Home Value
$260,572
Median Rent
$1,151

48.67% of housing units are renter occupied.

7.28% are vacant.

Commute

Car
71.04%
Public Transportation
2.09%
Walk to Work
1.07%
Work from Home
24.08%
Other
1.03%

The median travel time to work is 23 minutes.

People

Population
1,053,602
Median Age
35.60
Median Household Size
2.90

Education

High School
24.58%
Associate’s Degree
11.13%
Bachelor’s Degree
23.51%
Graduate Degree
11.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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