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: 3/14/2025, 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. The majority of Orlando, FL residents have income between $100k-200k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hiking/backpacking
Symphony or Opera
PGA/LPGA
Where do the neighbors shop?
Nordstrom Rack
Chico's
New York & Company
Where do the neighbors go to eat?
Chipotle
Boston Market
Bonefish Grill
What do the neighbors drive?
Mazda
Volvo
Cadillac
What do the neighbors listen to?
Rock
Talk/Personality
Classical
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.
In February 2025, from all listings sold in Orlando, FL there were more than 49 sold above asking price, over 377 sold below and more than 149 were sold right at the asked price. The number of homes for sale in Orlando, FL increased by 10.1% between January and February 2025. While the average time on the market in February 2025 was 64 days, the median list price was $397,761.