by Global Lifestyle Properties

See Home Value
$600,000
● House - Off Market

7200 GRACE ROAD

ORLANDO, FL 32819
bedrooms
7 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,000 Ft²
$3,784
Est. Monthly
6.40%
Cap Rate

About This Property

One or more photo(s) has been virtually staged. PRIME LOCATION and NO HOA! Multi Purpose Home! Welcome to this solidly built, cinder-block 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 and ORIGINAL OAK HARDWOOD floors throughout the home that add warmth and character. 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. Additionally, there are PROVISIONS for a THIRD KITCHEN, offering even more flexibility for multi-generational living or rental opportunities. The kitchen and dining room area serve as the heart of the home. 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-IN 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. For outdoor lovers, Lucky's Lake Swim, registered as a Historic event with the United States Historic Registry, is just a short walk away. This daily gathering attracts swimmers who come together for a scenic and safe lake swim across Lake Cane. 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!
Unit Size
4,000 Ft²
Days on Market
379 days
Land Size
0.50 acres
Price per sqft
$169
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1953

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Last updated: 10 months ago (Stellar MLS #O6264440)

Price History

Date / Event Date Event Price
Jan 9, 2026 Sold
Sold
Sep 24, 2025 Relisted $675,000
Relisted
Sep 17, 2025 In contract -
In contract
Jun 13, 2025 Price Decreased $675,000
↓ $25K (3.5%)
Price Decreased
Jun 6, 2025 Relisted $699,700
Relisted
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Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,866
  • Lot Size Frontage Feet: 1,750
  • Total Building Area: 5,301
  • Gross Building Area: 5,301
  • Building Area: 4,057
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,057
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE MARSHA
  • Land Acres: 0000001719
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: LAKE MARSHA SUB S/106 PART OF LOTS 3 & 4 DESC AS COMM NW COR OF LOT 4 RUN S 69 D EG E 30.53 FT TO POB TH RUN S 69 DEG E 6 5.91 FT TH SELY 60.44 FT S 05 DEG W 608. 74 FT N 89 W 128.97 FT N 04 DEG E 113.31 FT N 19 DEG 165.08 N 05 DEG E 85.06 N 6 9 DEG

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0332
  • Census Tract: 014811

Zoning

  • Zoning: R-1AA

Geography

  • Assessors Map Reference: 96
  • Subdivision Tract Number: 4640
  • Parcel: 14-23-28-4640-00-030
  • Lot: 3,4
  • Meridian: SEC 14 TWN 23S RNG 28E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.4807
  • Longitude: -81.4802

    Address

  • Full Address: 7200 Grace Rd
  • Address - House Number: 7200
  • Address - Street Name: Grace
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Orlando
  • Carrier Code: C068
  • 4-Digit Zip Code: 7712
  • Zip Code: 32819

Valuation

    Tax

  • Total Area: 4,215
  • Tax Year: 2023
  • Tax Amount: $563,307
  • Tax Rate Code Area: 35-ORG

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 94
  • Final Value: 972,842
  • High Value: 1,050,379
  • Low Value: 895,305

    Market Valuation

  • Market Total Value: $625,940
  • Market Land Value: $290,000
  • Market Improvement Value: $335,940

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,172

    Sales

  • Current Sale Contract Date: May 01, 2016
  • Current Sale Recording Date: May 01, 2016
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Marsha


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Frequently Asked Questions

When was property at 7200 Grace Road built and last sold?
The property at 7200 Grace Road was built in 1953 and last sold on May 1, 2016 for $100.
How much is this home worth?
The estimated value of the home located at 7200 Grace Road is $681,750.
What are some comparable homes to 7200 Grace Road?
There are currently no comparable homes to 7200 Grace Road.