Home » ORLANDO » 7200 GRACE RD, ORLANDO, FL 32819 | O6264440

For Sale 7200 GRACE RD, ORLANDO, FL 32819

$749,000
Price has decreased by $50,000

Property Highlights

Listing ID O6264440 Status of this Listing: Active For Sale Property Type Residential Single Family House 7 Bedrooms 6 Bathrooms Total 5 Full Bath 1 Half Bath Living Space 4,000 Sqft/371.61 m2 approx. Building Area 5,301 Sqft/492.48 m2 approx. Lot area 22,047 Sqft/2048.23 m2 approx. Year Built 1953 Time of this property on Rebonus 58 Day(s)

7200 GRACE RD, ORLANDO, FL 32819

Property Description: One or more photo(s) has been virtually staged. PRIME LOCATION and NO HOA! Multi Purpose Home! Welcome to this unique 7-bedroom, 5.5-bathroom home located in the desirable Lake Marsha neighborhood of Dr. Phillips! Perfect for multigenerational living or investors, this property offers incredible versatility and endless potential. As you step inside, you 're greeted by a cozy family room featuring a charming brick fireplace. Down the hallway, the kitchen and dining room area serve as the heart of the home. Adjacent to the kitchen, you 'll find a private mother-in-law suite, complete with two bedrooms and a full bathroom—ideal for guests or extended family. To the right of the kitchen, a hallway leads to three additional bedrooms and a bathroom. Among these is the primary bedroom, which boasts an ensuite bathroom. Another bedroom can function as a home office, gym or playroom complete with a private door leading to stairs that access the second floor. Notably, three of the bedrooms feature cedar closets, adding a touch of luxury and practicality for your storage needs. The second floor, which can be used as an efficiency unit, provides a bathroom and two additional bedrooms, including another primary suite with an ensuite bathroom. The unit also boasts a private outdoor stair entry, a second kitchen with Corian countertops and shaker-style cabinets, and a cozy living room area with access to a screened balcony with a lake view and an outside grilling area, making it ideal for rental income or additional family space. This home includes two full eating kitchens, making it ideal for multi-generational living or maximizing rental income potential. Car enthusiasts or hobbyists will love the 4-car garage, which includes a workshop area and additional storage space, perfect for a handyman or mechanic. Conveniently located in a registered National Wildlife Habitat, this property provides a serene setting where you can enjoy nature’s beauty right from your own backyard. This home is also located just minutes from Universal Studios, major shopping centers, and top-rated schools, this home offers both prime location and unmatched potential. Whether you 're looking for an investment property with income-generating options or a spacious home for a large family, this Lake Marsha gem is the perfect fit. Don’t miss your chance—schedule a showing today!

Useful Info

Calculated List Price By SqFt (approx):$187
Previous Asking Price:$799,000
Original List Price:$799,000

Measures

Living Area Source:
  • Owner
Building Area Total in Square Meters m2:492.48
Living Area in Square Meters m2:371.61

Land Lot (Parcel) Details

Lot Size Acres:0.5
Lot Size in Square Meters m2:2048

Construction

Levels:Two
Construction Materials:
  • Block
  • Stucco
Flooring:
  • Tile
  • Wood
Foundation Details:
  • Slab
Flood Zone Code:X
Flood Zone Date:September 25, 2009

Property Features

View from the Property:
  • Water
Waterfront:No
Appliances:
  • Dryer
  • Refrigerator
  • Washer
  • Convection Oven
Interior Features:
  • Eat-in Kitchen
  • Built-in Features
  • Thermostat
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Primary Bedroom Main Floor
  • Primarybedroom Upstairs
Exterior Features:
  • Private Mailbox
  • Sidewalk
Roof:
  • Shingle
Laundry Features:
  • Inside
  • Outside
Fireplace:Yes
Fireplace Features:
  • Family Room
Air Conditioning System:
  • Central Air
Heating System:
  • Central
Property Entrance Faces:
  • Northeast
Water View:Yes
Water View Details:
  • Lake

Taxes and Expenses

Homestead Property:Yes
Tax Annual Amount:$5,633

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Occupant Type:
  • Vacant
Lease Considered:Yes

Community

Minimum Lease Term:
  • 1-7 Days
Road Surface Type:
  • Asphalt
Subdivision Name:LAKE MARSHA SUB
Senior Community:No

Parking

Garage:Yes
Garage Spaces:4
Carport Spaces:2
Attached Garage:Yes
Parking Features:
  • Parking Pad
  • Boat
  • Workshop In Garage
Carport:Yes

Utilities

Sewer:
  • Septic Tank
Utilities Available:
  • Cable Available
  • Electricity Available
  • Water Available
Water Source:
  • Public

Zoning and Legal

Tax Legal Description:LAKE MARSHA SUB S/106 PORTION OF LOT 3 DESC AS COMM AT NW COR OF LOT 4 TH S69-41-0E 53.53 FT TO POB TH S69-41-0E 42.92 FT TO POINT OF CURVATURE OF A CURVE CONCAVE NELY W/ RADIUS OF 160 FT CHORD BRG AND DISTANCE OF S80-30-15E 60.09 FT TH SELY ALONG THE ARC OF CURVE THROUGH A CENTRAL ANGLE OF 21-38-37 A DISTANCE OF 60.44FT TH S5-32-0W 240.39 FT TH N39-41-12W155.86 FT TH N7-35-56W 58 FT TH N15-4-11E 45.28 FT TH N23-58-40E 46.98 FT TO POB
Real Estate Folio Number (Parcel Number):14-23-28-4640-00-030
Zoning:R-1AA
Public Survey Township:23
Public Survey Range:28
Public Survey Section:14
Title to the property is held by owner as:
  • Fee Simple

Listing History

Update/EventDate/Days
Published Date:December 26, 2024 7:18 pm
On Market Date:December 26, 2024
Listing Contract Date:December 26, 2024
Price Change Date Time:February 12, 2025 2:16 am
Status Last Changed:December 26, 2024 7:18 pm
Photos Last Modified:February 22, 2025 5:07 pm
Last Modified:February 22, 2025 5:07 pm
Days on the Market (updated on Last Modified*):58
Cumulative Days on the Market (updated on Last Modified**):58

Additional Information

Lot Size Range:1/2 to less than 1
Number of Photos:37
Area:32819 - Orlando/Bay Hill/Sand Lake
Automated Valuation Display:Yes
Courtesy of:KELLER WILLIAMS ADVANTAGE 2 REALTY
Attribution:407-393-5901
Universal Property Id:US-12095-N-142328464000030-R-N

Location

Show Property Address:Yes
Street Name:GRACE
Street Number:7200
Street Address:7200 GRACE RD
City : ORLANDO
State : Florida
Zip Code : 32819
County : Orange
Full Address:7200 GRACE RD, ORLANDO, FL 32819
Latitude:N28° 28' 48.2''
Longitude:W82° 31' 11.1''

Property Map

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