Description

Rare Investment Opportunity in College Park
Beautifully Renovated Main Home + Large Income-Producing Garage Apartment
4 Bedrooms + Office | 3 Bathrooms | Over 2,400 SF | R-3 Zoning | Dual Rental Potential

Welcome to 1616 Tulane Street—a unique and lucrative investment opportunity in the heart of College Park. This property offers two highly desirable living spaces: a spacious and elegantly upgraded 4-bedroom single-family home and a separately metered 1-bedroom apartment above the detached 2-car garage—ideal for long-term rental income, short-term Airbnb potential, or multi-generational living.

Primary Residence – Stylish & Versatile
Thoughtfully designed with both charm and functionality, the main home features a rare U-shaped single-story layout that wraps around a resort-style courtyard. Perfect for families, professionals, or those looking to generate extra income by living in one unit and renting out the other.

3 bedrooms + dedicated office (or 4th bedroom in main house)

Light-filled open-concept living and dining areas

Chef’s kitchen with oversized island, double wine fridge, exposed brick, and floor-to-ceiling cabinetry

Lavish primary suite with tray ceiling, walk-in closet, and spa-style bath

Dedicated laundry room with custom cabinetry and backyard access

Designer details throughout: barn door accents, rich wood-style flooring, and elevated finishes

Detached Guest Apartment – Income Potential or Private Use
Located above the 2 1/2 car garage, the detached 1-bedroom suite includes:

Private entrance and full bathroom

Spacious layout suitable for a tenant, in-laws, home office, or creative studio

Positioned for optimal privacy while sharing access to the backyard oasis

Resort-Style Courtyard Living
The property’s striking U-shaped design encloses a private, low-maintenance courtyard that feels like a true retreat:

Expansive paver patio with string lights and lounge area

Built-in fire pit zone for gatherings

Modern wood pergola and hammock swing

Artificial turf—perfect for pets and play with zero upkeep

Fully fenced for privacy and security

Room to add a plunge pool or garden

Additional Highlights
Zoned R-3: Rare flexibility for multiple dwellings or rental configurations. Studio apartment has it's own separate legal address. Impact fees were paid when adding garage studio. Zoning allows an additional 3rd unit for additional convenience and/or income.

Paver driveway + walkways and a professionally landscaped front yard

Charming architectural details with glass-paneled front door and modern finishes

Quiet street just minutes to Edgewater Drive, Ivanhoe Village, Downtown Orlando, and The Packing District

Walkable to shops, cafes, and top-rated schools

Investor's Dream or Owner-Occupant with Built-In Income
Whether you choose to live in the main house and rent the apartment, occupy both, or lease both units separately, 1616 Tulane and 1616 1/2 offers unmatched versatility and earning potential in one of Orlando’s most desirable neighborhoods.

Don't miss this rare opportunity to own a high-performing investment property with modern style and timeless curb appeal in sought-after College Park.