This spacious property on Grace Rd in Orlando offers an ideal setting for corporate housing, with explicit subleasing options and multi-year leases available. The house is divided into two main units and an additional mother-in-law suite, making it perfect for accommodating multiple tenants or large groups. Its location in the desirable Dr. Phillips district ensures a safe and convenient environment, with easy access to local attractions and hospitals, catering to the needs of traveling professionals and academics.
The property boasts a generous layout with a total of four bedrooms and four bathrooms, providing ample space for comfort and privacy. The proximity to key Orlando attractions and medical facilities makes it a strategic choice for those seeking both convenience and a high-quality living experience. With more than ten parking spaces and a large detached garage, it is well-suited for corporate groups with multiple vehicles.
Property Features
• 4 Bedrooms / 4 Bathrooms: Spacious accommodations for multiple tenants
• In Unit Laundry: Convenient laundry facilities available
• Multi-Unit Layout: Two main units plus a mother-in-law suite
• Ample Parking: Over ten parking spaces and a detached garage
• Central Air: Comfortable climate control throughout
*SOME APARTMENTS ARE IN COMMERCIAL ZONES*
Details The City of Orlando enforces a strict "Home Sharing" ordinance for all residential zones. This law requires the host to be a permanent resident who lives on-site and is present during the guest's stay. This effectively makes standard "entire place" arbitrage illegal in most of the city. True vacation rentals (entire units without the host present) are generally only permitted in Commercial or Mixed-Use zoning districts.
Key Requirements (City of Orlando)
- Home Sharing Registration: You must register with the city ($275/year fee).
- Host Presence: The host must be present at the property during the booking. You cannot rent the entire home while you are away.
- Booking Limit: Only one booking is allowed at a time.
- Commercial Exception: If you find a property in a Commercial Zone (e.g., zoning codes AC-3, MXD), you may be able to operate a "Commercial Dwelling Unit," but these are rare for typical single-family homes.
Unincorporated Orange County (The Alternative)
- Note: If your property is outside city limits (check the Property Appraiser website), the rules are different.
- Permit: You can get a Short-Term Rental Permit ($63) for non-owner occupied properties in Unincorporated Orange County.
- Restrictions: You must adhere to strict occupancy limits (2 people per bedroom + 2 additional) and parking rules.
Operational and Safety Standards
- Taxes: Total tax is ~12.5% (6% State Sales Tax + 0.5% County Surtax + 6% Tourist Development Tax).
- Tax Collection: Airbnb and Vrbo typically collect and remit the 6% State Tax and the 6% Orange County Tourist Development Tax for listings inside Orlando, but you must verify this in your portal as configurations change.
- Occupancy: Maximum occupancy is usually capped at 2 per bedroom + 2 additional people.
Enforcement
- Fines: Operating an unpermitted rental or renting an entire home in a residential zone can result in fines starting at $250–$500 per day.
- Delisting: The city works with platforms to remove listings that do not display a valid permit number.
