$561,898Average Value$320Average Price per Sq Ft13Homes For Sale
Orlando’s old and new are on display in Lake Eola Heights
After a walk around Lake Eola Heights, it’s easy to see why the neighborhood is listed on the National Register of Historic Places. Brick streets run underneath canopies of live oaks covered with Spanish moss. Iron streetlamps line the sidewalks, lighting the way for locals leaving their 1920s home to grab a bottle of wine from the neighborhood general store. Lake Eola Heights maintains the feel of early 20th-century Orlando, decades before Walt Disney World opened its gates. At the same time, residents live within a mile of some of the city’s trendiest spots for shopping and nightlife: the Central Business District, Thornton Park and the Mills 50 area of Park Lake Highland.
Lake Eola Heights is a beautiful community with a multitude of home styles.
Sidewalks extend throughout the neighborhood, boosting its walkability.
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Vintage homes and condos with skyline views
Lake Eola Heights is a protected historic district, but its homes are far from uniform. A variety of architectural styles, paint colors and building materials instill a lively look to the neighborhood. Mediterranean houses are clad in stucco, palms and banana trees partially obscure bungalows and an assortment of Craftsman homes are painted green, blue and brown. On the south end, high-rise condos overlook Lake Eola and the skyline beyond. “That side of the lake is the best place to view downtown,” says Eric Rollings, a Realtor at Mainframe Real Estate who specializes in neighborhoods in and around downtown.
Many of the neighborhood's homes are small, such as this bungalow.
Colonial Revival is another common home style in Lake Eola Heights.
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Nearby, Lake Eola hosts shows at its waterside amphitheater.
High demand and high prices in Lake Eola Heights
Some homes have recently sold from the mid-$300,000s to the mid-$400,000s, but prices in the mid-$600,000s to the lower $800,000s are more common. The neighborhood’s largest homes sell from the mid-$900,000s to $1.2 million. “It’s one of the most sought-after neighborhoods in Orlando,” Rollings says. “It also has one of the most expensive prices per square foot.” While prices can be high, homeowners don’t pay HOA fees.
When it comes to condos, one-bedroom units have sold in the upper $100,000s, but prices typically fall between the lower $400,000s and the lower $500,000s. Condo complexes often charge condo association fees, which vary based on the community.
Historic district comes with restrictions and potential tax breaks
The city government recognizes Lake Eola Heights as one of Orlando’s six historic districts. That means the Historic Preservation Board must approve any changes you plan to make to a home’s exterior, whether it’s a new fence or an addition to the house. It can take the board anywhere from days to weeks to review and approve changes. However, the historic district designation offers homeowners more than red tape. People who rehabilitate historic homes can apply for federal tax credits and property tax exemptions from the city.
Lake Eola Heights is less than a mile from the heart of downtown Orlando.
Lake Eola Heights is only a couple miles away from the Orlando Executive Airport.
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Lake Eola Heights touches Thornton Park, known for its restaurants, bars and events.
Walk to downtown bars, Mills 50 restaurants and more
The area’s walkability is one of its biggest perks, Rollings says. You can take sidewalks throughout the neighborhood, including to Eola General. Locals park themselves at the general store’s patio tables throughout the day, whether it’s to sip coffee, eat lunch or drink beer. You can wander in almost any direction from Lake Eola Heights and find more to do. To the west, nightclubs and bars stay open late in downtown’s Central Business District. To the north, Michelin Guide-recognized restaurants such as Tori Tori operate in Mills 50. To the south, Thornton Park hosts a monthly art show with wine samples and live music. Rollings says Lake Eola Heights’ calm atmosphere and surrounding commercial districts appeal to a variety of residents, whether “you’re a single person who wants to go out and nightclub all the time or if you’re a family that wants to work in the community garden.”
Within 20 miles of Orlando International Airport, Disney World
Interstate 4 and Florida state Road 408 are less than 2 miles away. You can take these major highways to local destinations such as: Orlando International Airport, 10 miles away
Universal Orlando Resort, 10 miles away
SeaWorld Orlando, 15 miles away
Walt Disney World Resort, 20 miles away
Cocoa Beach, 60 miles away
Locals drive, walk and bike the mile or so trek to downtown. Also, buses stop in Lake Eola Heights, taking riders downtown in less than 10 minutes.
The Orlando skyline can be seen from Interstate 4.
Residents can use city streets to reach downtown Orlando.
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Arts-focused middle school and acclaimed private school nearby
Lake Eola Heights is in the Orange County Public Schools district. Across the street from the neighborhood, Howard Middle School hosts the district’s Academy of Arts, a magnet program for students interested in dance, orchestra, photo editing and other artistic endeavors. Families can apply to the lottery-based program from October to December, as well as in April. Less than a mile away, the highly rated Lake Highland Preparatory School draws students from across the Orlando metro. The private school’s alumni include author John Green and Creed singer Scott Stapp.
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Lake Eola Heights Demographics and Home Trends
On average, homes in Lake Eola Heights, Orlando sell after 132 days on the market compared to the national average of 55 days. The median sale price for homes in Lake Eola Heights, Orlando over the last 12 months is $519,950, down 2% from the median home sale price over the previous 12 months.
Virtually Staged. This home can be purchased with NO INCOME VERIFICATION needed plus receive 1% back from the seller’s preferred lender! Welcome to effortless Downtown Orlando living in the highly sought-after Park Lake Towers. This inviting residence is highlighted by dramatic oversized, double-sized windows that flood the interior with natural light while framing picturesque views of the
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Armelio Fernandez Aponte, SrDOVER INTERNATIONAL CO., INC.
First floor apt with range and refrigerator. Has large bedroom with large bedroom closet. Good sized living room with smaller kitchen and bathroom Onsite parking for one vehicle. Nice, clean and quiet. Brand new Ac and flooring. Ready now for a new tenant.No washer or dryer or hookupsPresented by Jim Payne
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Angela FettigKELLER WILLIAMS REALTY AT THE PARKS
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Charming Downtown Orlando 1/1 Corner Condo Near Lake Eola!
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