This Hyer Ave estate is both for sale and for lease. You can find it situated in Lake Eola Heights Historic District right off Mills 50 District. With Lake Eola Heights being the most prime and one of 6 of Orlandos historic districts. This area is known for blending timeless architecture with prime location offering a unique connection of both charming mixed use properties and beautifully designed custom homes. This historic area is experiencing renewed growth in value, thanks to its convenient access to downtown Orlando, I 4, and SR 408. Tucked just off East Colonial Drive, this estate offers unmatched convenience. Lake Ivanhoe and all its exciting attractions are just a short distance away, surrounded by multiple parks and walking/bike trails for easy outdoor enjoyment. The Mills 50 District is known as one of Orlandos premier restaurant row destinations, celebrated for its diverse dining options. Conveniently nearby are top medical centers including AdventHealth, Arnold Palmer, and Winnie Palmer hospitals. The Hyer Ave Estate boasts a prime location, situated between downtown Orlando, College Park, and Winter Park. Structurally zoned mixed use, this Hyer Ave Estate includes two dwellings on one lot, offering the flexibility to support business zoning laws. Functional enough to generate rental income while serving as a forever home, this property truly leads the way. Enter through the main home featuring a calm double front entrance into a cozy two story abode of comfort, 4 bedrooms, 2 bathrooms, and spacious, cozy options for offices, a home studio, or even a memorabilia room. The full detached dwelling is also two stories with a garage. The top unit is open for rent and includes 1 bedroom, 1 bathroom, a kitchen, and washer/dryer hookups offering unmatched ownership flexibility. This is a fantastic opportunity to own a versatile property with easy access to Orlando International Airport via East Colonial Drive, and located within top rated, A rated school zones! Schedule your showing today