507 Palmer Street
Orlando, FL 32801
- 5 beds
- 5 baths
- 4,434 sqft
- ~1 acre lot
- $675 per sqft
- 1949 build
- – on site
Step into your private urban oasis in the historic Lake Cherokee neighborhood, right in the heart of downtown Orlando. Nestled on a full-acre corner lot, this stunning mid-century modern ranch-style home offers the perfect blend of luxury, comfort, and convenience. Just a short walk to the Dr. Phillips Center, Lake Eola, Thornton Park, restaurants, and downtown’s vibrant business district, this one-of-a-kind property offers resort-style living at its finest. This 5-bedroom, 4.5-bath home is surrounded by mature landscaping, including majestic oak trees, making it one of Lake Cherokee’s most beautiful properties. The completely renovated chef’s kitchen features waterfall quartz countertops, an oversized Subzero refrigerator and freezer, a Dacor appliance suite with a 48-inch range, hood, and microwave, plus a Dacor four-bottle wine dispenser, two Subzero refrigerator drawers, and a dual-zone wine fridge—everything you need to entertain in style. For wine enthusiasts, the newly installed 1,300-bottle, temperature-controlled wine cellar with vintage view racks, custom flooring, and lighting sets the stage for unforgettable dinners. A dry bar with a cork countertop and integrated lighting enhances the dining experience. Integrated Sonos speakers throughout the home, including the outdoor living spaces, ensure seamless entertainment inside and out. The home features refinished original hardwood floors, complemented by a beautifully renovated living room with an expansive fireplace, quartz countertops, and built-in media storage. Start each day with serene views of swans gliding across Lake Cherokee from the luxurious primary suite. The suite includes an attached office with a built-in desk, breakfast bar, and expansive his-and-hers walk-in closets. The spa-inspired primary bath boasts a soaking tub, double shower, double vanity, and a Toto smart bidet toilet. The guest bedrooms are generously sized, each with oversized closets, while the remodeled guest bath features marble, granite, and a rain shower. The backyard feels like a secluded retreat, surrounded by mature bamboo. An outdoor kitchen, complete with a grill, ceramic searing burner, double burners, steamer, deep fryer, and wok stations, overlooks the expansive saltwater pool and spa with an outdoor shower and pool bath. The recently updated mother-in-law suite includes new floors, air conditioning, energy-efficient doors, and a gas water heater. A walkout balcony with an extended rooftop deck offers a spectacular view of Lake Cherokee. This home has undergone significant infrastructure upgrades, including complete re-piping, new insulation, outdoor lighting, and a security gate for added privacy and peace of mind. Don’t miss the chance to call this extraordinary property home—where modern luxury meets historic charm, all within walking distance of downtown Orlando’s best offerings. Schedule your private showing today!
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Last updated Feb 4, 2025
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MLS# O6277175 —
The Building
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Year Built:1949
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New Construction:false
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Architectural Style:Mid-Century Modern
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Construction Materials:Block
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Levels:Two
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Stories Total:2
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Roof:Tile
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Foundation Details:Block
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Patio And Porch Features:Covered
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Building Area Total:5883
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Built-in Features
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Flooring:Hardwood
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Additional Rooms:Attic
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Fireplace:true
Room Dimensions
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Living Area:4434
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:East on Anderson to Osceola Ave. Home on left corner.
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Latitude:28.535241
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Longitude:-81.370703
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Coordinates:-81.370703, 28.535241
The Property
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Parcel Number:362229722805062
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Property Type:Residential
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Property Subtype:Single Family Residence
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Lot Features:Corner Lot
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Lot Size Acres:1
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Lot Size Area:1.0034
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Lot Size SqFt:43709
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Lot Size Units:Acres
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Total Acres:1 to less than 2
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Zoning:R-1A/T/HP/
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Direction Faces:South
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View:Park/Greenbelt
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View:true
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Exterior Features:Garden
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Vegetation:Mature Landscaping
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Water Source:Public
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Road Responsibility:Public Maintained Road
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Road Surface Type:Brick
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Road Frontage Type:Street Brick
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Flood Zone Code:X
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Additional Parcels:false
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Homestead:true
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Lease Restrictions:false
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (407) 616-8435
- Office phone:
- (407) 504-1110
Taxes
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Tax Year:2024
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Tax Lot:6
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Tax Block:5
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Tax Legal Description:F T POYNTERS ADDITION C/67 THE S 80 FT LOT 6 & ALL LOT 7 BLK 5
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Tax Book Number:C-67
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Tax Annual Amount:37941.62
Beds
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Bedrooms Total:5
Baths
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Total Baths:4.5
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Total Baths:5
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Full Baths:4
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Half Baths:1
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/stellar/O6277175
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Public
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Sewer:Public Sewer
Appliances
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Appliances:Bar Fridge
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Laundry Features:Inside
Schools
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Elementary School:Blankner Elem
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Middle Or Junior School:Blankner School (K-8)
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High School:Boone High
The Community
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Subdivision Name:F T POYNTERS ADD
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Senior Community:false
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Waterview:Lake
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Waterview:true
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Water Access:false
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Water Body Name:Lake Cherokee
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Waterfront:false
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Spa:true
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Pool Private:true
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Pool Features:Child Safety Fence
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Pets Allowed:Yes
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Association:false
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Ownership:Fee Simple
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2
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Carport:false
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Covered Spaces:2
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Parking Features:Curb Parking
Extra Units
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Other Structures:Guest House
Monthly cost estimate
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Asking price
$2,995,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$16,037
|
Taxes | $3,161 |
Insurance | $823 |
Utilities | $289 See report |
Total | $20,310/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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2/3/25
Feb 3, 2025
|
Relisted | STELLAR_MLS | $2,995,000 | 24.8% (9.4% / YR) |
6/11/22
Jun 11, 2022
|
STELLAR_MLS | $2,400,000 | ||
6/7/22
Jun 7, 2022
|
STELLAR_MLS | $2,400,000 | 11.6% |