7200 Grace Rd Orlando, FL 32819
Property details
About 7200 Grace Rd
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!
Highlights
Virtual tour
Summary
- MLS Number: O6264440
- MLS Name: MFRMLS
- Office Name: KELLER WILLIAMS ADVANTAGE 2 REALTY
- Office Phone: (407) 393-5901
- Listing Agent: Ray Lopez
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Last updated on: 3/12/2025, 11:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,000
7200 Grace Rd
$8,894
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 28, 2004 | Home Sold | $499,300 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $384,172 | $5,633 |
2022 | $372,983 | $5,443 |
2021 | $362,119 | $5,443 |
2020 | $357,119 | $5,366 |
2018 | $342,581 | $5,225 |
2017 | $335,535 | $5,157 |
History based on county public records data.
Nearby schools
8
Palm Lake Elementary School
Public District KG-5
0.9 mi
•8000 Pin Oak Dr
9
Dr. Phillips Elementary School
Public District KG-5
1.4 mi
•6909 Dr Phillips Blvd
3
Millennia Elementary School
Public District PK-5
2.2 mi
•5301 Cypress Creek Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $95,130. Residents of Orlando, FL typically earn between $100k-200k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
Frequently asked questions
Living in Orlando, FL
About 7200 Grace Rd
This home is located at 7200 Grace Rd in Orlando, FL and zip code 32819. This 4,000 square foot home, which was built in 1953, sits on a 0.50 acre lot. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since December 26, 2024 and is currently priced at $749,000.
Over 49 listings were sold over their listed price in February 2025 in Orlando, FL. In the same period over 377 listings were sold below the listed price and 149 listings were sold for the listed price. Between January and February 2025, Orlando, FL real estate market has seen increase in the number of listings by 10.1%. In February 2025 median list price was $397,761 and the average listing age was 64 days.