$749,000

7200 Grace Rd Orlando, FL 32819

$8,894
Closing credit¹
7 beds
5 full, 1 partial
4,000 sqft
0.5 acres
$187 / sqft
House

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

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size4,000 sqft
Lot size0.5 Acres
Year built1953
ParkingBoat, Parking Pad, Workshop in Garage
MLS #O6264440
Attached garage4 spaces
FireplaceFamily Room
ViewWater

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

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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view of front of property

$749,000

7200 Grace Rd

$8,894

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 28, 2004
Home Sold
$499,300

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

15%
<35k
38%
35k-100k
39%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

31%
Single, No Kids
8%
Single, with Kids
38%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
18%
18-34 yrs old
48%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • CadillacCadillac

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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