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37 Hill Ave, Orlando, FL, 32801

--beds
0baths
2,166sqft
$1,299,000
$600price/sqft
$8,731/moest. monthly cost
$349,240/yrincome needed

About This Home

Positioned on a prominent corner lot in the heart of Thornton Park, one of Downtown Orlando’s most vibrant and walkable districts, 37 Hill Avenue presents a rare mixed-use investment opportunity with exceptional flexibility and upside potential. The property consists of four individually condoed units, all being offered together, creating a unique opportunity for investors, owner-operators, or those seeking to capitalize on Thornton Park’s strong demand for both residential and commercial space. Located just steps from Lake Eola, renowned dining, boutique retail, and the city’s premier nightlife corridor, the property benefits from outstanding visibility, accessibility, and long-term appreciation potential in one of Orlando’s most desirable urban neighborhoods. Recent capital improvements include a new AC package unit installed in October 2021, a new roof completed in December 2022, and a new electrical panel installed in September 2025, providing peace of mind and reducing near-term capital expenditures. With the units already individually condoed, investors have the rare advantage of flexible exit strategies, including holding as a high-performing income property, selling units individually, or repositioning to maximize value, making this a standout opportunity to secure a trophy asset in the highly sought-after Thornton Park market.

Getting Around

94
WalkingWalker's Paradise
57
TransitGood Transit
83
BikeVery Bikeable

Schools

7/10
6/10
Edgewater High SchoolGrades 9-123.0 mi

Construction

Condition

  • Year built: 1926

Materials

  • Foundation: Crawlspace
  • Roof: Shingle
  • Construction materials: Wood Frame,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex,Multi Family

Interior

Appliances

  • Laundry features: None

Features

  • Ceiling Fan(s)

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,166 sqft

Property

Details

  • Parcel number: 252229899800010
  • Zoning: MU
  • Special condition: None

Features

  • Exterior features: Sidewalk

Lot

  • Lot size: 5,000 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hurricane
Lightning
Tornado

FEMA Declared Disasters in Orange County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,568$78,816
Home Insurance *$1,059$12,708
Property Taxes $887$10,644
Electricity $217$2,615
Total$8,731$104,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$299,348/yr
40% on housing$261,930/yr
45% on housing$232,826/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.0%
14.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$600This listing

vs Other Active Listings

Avg $/sqft

ZIP 32801$369
Orange County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 32801$412
Orange County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-12Price change$1,299,000
2026-03-06Listed for sale$1,375,000
2023-06-08Listing removed--
2023-05-31Price change$1,995
2023-04-12Price change$2,295
2023-03-21Price change$2,395
2023-03-02Price change$2,495
2023-02-17Price change$2,595
2023-01-28Price change$2,695
2022-12-20Listed for rent$2,795

For Sale by Agent

AgentParker Blanchard
BrokerageOLDE TOWN BROKERS INC

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