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3701 VIRGINIA DRIVE
About This Property
Situated on a single parcel, the property features a 1,420 sq. ft. main residence plus a 688 sq. ft. detached ADU with its own private entrance. Live in one and rent the other, create a multigenerational setup, or take advantage of the property's established income potential.
The main home offers 3 bedrooms, 2 bathrooms, and a functional split floor plan with extensive updates, including a 2021 roof, new windows in 2024, HVAC and ductwork replaced in 2022, porcelain tile flooring installed in 2021, and a new refrigerator in 2025. The spacious front living room is surrounded by windows, filling the home with natural light and providing views of Virginia Drive. The primary suite includes a renovated bathroom with dual vanities and LED shower lighting, while the kitchen features dual built-in ovens and overlooks the backyard, garden area, and guest house.
Outside, the fully fenced backyard offers string lighting, raised garden beds, vegetable gardens, and plenty of space for entertaining or relaxing.
The detached ADU offers approximately 688 sq. ft. with 1 bedroom, 1 bathroom, a full kitchen, utility room with laundry, and its own private entrance. Recent improvements include a new 2025 roof, new mini-split system installed in 2025, and a new bathroom exhaust fan added in 2026. The ADU has previously generated just under $30,000 annually through a combination of short-term and long-term rental use, offering strong supplemental income potential.
Additional features throughout both homes include dimmable outlets and lighting controls, as well as a comprehensive security system for added convenience and peace of mind.
Located just blocks from neighborhood favorites like Domu and Kelly's Homemade Ice Cream, you're surrounded by the restaurants, shops, breweries, parks, and local businesses that make Audubon Park one of Orlando's most desirable neighborhoods.
Two residences. One lot. Proven income potential. And added flexibility for the right buyer. The seller is open to considering seller financing, creative financing structures, and other reasonable offers, creating additional opportunities to make this unique property work for a variety of ownership and investment strategies.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Relisted | $625,000 | |
| Relisted | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Aug 19, 2026 | Relisted | $650,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017