$499,000
538 Parramore Avenue
Orlando, FL 32801
Listing updated: April 28, 2026 at 3:38 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
**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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history67 days on market
- Status: ActiveFeb 20, 2026
- Listed$550,000Feb 20, 2026
- Price reduced$499,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 67
- Subdivision
- Orange Grove Park
- County
- Orange
- Year built
- 1925
- Living area
- 1,408 sq ft
- Price/sq ft
- $354
- Lot size
- 10,204 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12095C0245F)
- Annual taxes
- $3,319 (2024)
- Parcel #
- 26-22-29-6236-00-100
- Zoning
- I-G/T/PH
- MLS #
- O6378557
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Interior Details
- Bedrooms
- 3
- Full bathrooms
- 3
- Flooring
- Luxury Vinyl, Tile
- Appliances
- Other
- Interior features
- Thermostat
- Laundry
- Laundry Room, Other
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional, Other, Owner Financing
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Sidewalk
- Construction materials
- Other, Wood Siding
- Roof
- Shingle
- Foundation
- Other
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | |
| Living Room | First | |
| Primary Bedroom | First | |
| Primary Bathroom | First | |
| Bedroom 2 | First | |
| Bedroom 3 | First | |
| Loft | Second |
Listing Details
- Listing date
- 2026-02-16
- On market date
- 2026-02-20
- Original list price
- $550,000
- Occupant type
- Owner
- MLS area
- 32801 - Orlando
- Listing AOR
- Orlando Regional
- Status changed
- 2026-02-20
- Tax legal description
- ORANGE GROVE PARK P/11 LOT 10 & N 25 FTOF S 490.7 FT OF E 165 FT OF NW 1/4 OF NW1/4 (LESS STREET) OF SEC 26-22-29
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From FL-408 W via the ramp to Downtown/Orlando. Keep left to stay on FL-408 W. Use the right lane to take exit 10A to merge onto I-4 E toward Daytona Beach. Take exit 84B toward FL-50 W/Colonial Dr. Merge onto N Garland Ave. Use the 2nd from the left lane to turn left toward US-17 S/US-92 W/W Colonial Dr (signs for Florida 50 W/Colonial Dr). Use the right lane to turn left at the 1st cross street onto US-17 S/US-92 W/W Colonial Dr. Turn left onto N Parramore Ave - Destination will be on the right
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 28, 2026 at 3:38 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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