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$549,900 Just Listed
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Property Description
Turnkey duplex opportunity in the heart of Colonialtown North / Mills 50, one of Orlando's most desirable rental markets. Delivered vacant at closing, this property offers immediate flexibility to set market rents, maximize cash flow, or execute a strategic house-hack. Major capital improvement already completed: brand new roof, significantly reducing near-term expense risk and increasing long-term durability. Each unit features: "¢ Private entrances "¢ Functional, open living spaces with abundant natural light "¢ Updated interior finishes "¢ Well-appointed kitchens with ample cabinet storage "¢ Comfortable bedrooms with closet space "¢ Clean, move-in ready condition Situated on a spacious lot with off-street parking, this property benefits from strong tenant demand driven by proximity to Downtown Orlando, Mills 50 dining, Audubon Park, and major employment hubs. With both units vacant, investors have the rare opportunity to establish rents at current market rates and optimize returns from day one. Ideal for buy-and-hold investors seeking stable income in a high-growth 32803 corridor. New roof. Prime location. Income potential. Dont' wait on this hard-to-find duplex opportunity in pristine condition one of Orlando's most sought-after communities. Call today for your private showing!
Full Property Details
Full Property Details for 1500 Nebraska St
General
- Price: $549,900
- Taxes: $4,926 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: O6385602
- Updated: 2/26/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
- Min. Lease: 7 Months
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Fenced, Private Yard
- Deck/Patio: Rear Porch
- Porch/Patio/Deck: Rear Porch
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Covered, On Street
Location
- Area: 32803 - Orlando/Colonial Town
- County: Orange
- Development Name: 32803 - Orlando/Colonial Town
- Subdivision: WIGGINS REP
- Driving Directions: Head north on N Mills Ave. Turn left onto E Colonial Dr (FL-50). Go about 0.5 miles. Turn right onto N Fern Creek Ave. Drive north for about 0.4 miles. Turn left onto Nebraska St.
School Information
- Elementary School: Audubon Park K8
- Middle School: Horizon West Middle School
- High School: Edgewater High
Community
- Community Name: 32803 - Orlando/Colonial Town
- Number of Pets: 1
- Pet Restrictions: Confirm w/ municipality
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Concrete
- Roof: Other
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 1,596
- Sq. Ft. Source: Public Records
- Year Built: 1967
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: City
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,611
- Lot Size: 5611
- Lot Dimensions: 50 x 112
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $4,926.1
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: WIGGINS REPLAT J/9 LOT 3
- Flood Zone Info: X
- APN: 242229927600020
- Property ID: 242229927600020
Listed by Derenthal Realty
Get Pre-Approved Today
Schools
Schools serving 1500 Nebraska St
School District:Orange County School District
| Name | Grades | Distance |
|---|---|---|
Audubon Park School 1500 Falcon Drive, Orlando, FL 32803 | PK-8 | 0.9 mi |
Edgewater High School 3100 Edgewater Drive, Orlando, FL 32804 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1500 Nebraska St
Date
Details
Price
Change
Source
2/26/2026
Listed
$549,900
-21.89%
MLS
5/28/2025
Sold
$704,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1500 Nebraska St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,926
—
$246,925
-26%
2024
$4,926
8%
$335,416
3%
2023
$4,575
20%
$325,815
27%
2021
$3,809
-9%
$257,010
-13%
2022
$4,172
10%
$294,334
34%
2021
$3,809
20%
$219,551
9%
2019
$3,169
4%
$201,180
1%
2018
$3,050
12%
$199,714
19%
2017
$2,713
4%
$167,845
3%
2016
$2,616
10%
$163,640
72%
2015
$2,377
16%
$95,201
10%
2014
$2,054
27%
$86,546
10%
2013
$1,614
—
$78,678
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1500 Nebraska St
1500 Nebraska Street, Orlando, FL 32803 (MLS# O6385602) is a Duplex property with 3 bedrooms and 0 full bathrooms. 1500 Nebraska Street is currently listed for $549,900 and was received on February 26, 2026. Want to learn more about 1500 Nebraska Street? Do you have questions about finding other Duplex real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

