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For sale
  • Price cut: $5.9K (11/11)
    $425,000

    2818 E MICHIGAN STREET, ORLANDO, FL 32806

    3beds
    1,449sqft
    : 
    $2,985/mo
    Get pre-qualified
    Single Family Residence
    Built in 1952
    0.31 Acres Lot
    $420,100 Zestimate®
    $293/sqft
    $-- HOA

    What's special

    Bonus roomOversized lotTile flooringAttractive cabinetryPrivate accessCovered carport
    *LOCATION, LOCATION, LOCATION! PRIMARY RESIDENCE OR INCOME-PRODUCING INVESTMENT OPPORTUNITY!** **OFFERED AT $425,000!* Charming **3-bedroom, 2-bathroom home with a bonus room and covered carport** features a spacious living area, updated kitchen with stainless-steel appliances, attractive cabinetry, tile flooring, and a versatile bonus room. **CURRENTLY RENTED ** An excellent investment opportunity with an existing tenant and rental income. Buyers seeking a primary residence may also have the option of owner occupancy, as the tenants are willing to relocate for occupancy of the home. Move-out arrangements and possession date to be confirmed in writing. **LARGE LOT WITH ADDITIONAL DWELLING OPPORTUNITY!** One of this property's most valuable features is its oversized lot, offering the opportunity to construct an **additional dwelling unit (ADU) or separate residential structure**. Zoning eligibility for an additional dwelling has already been verified. The remaining items to determine are the required setbacks, allowable dwelling size, and applicable construction and permit requirements. **PRIVATE ACCESS FOR THE FUTURE ADDITIONAL DWELLING!** The property offers a separate access area that can serve the proposed additional dwelling, providing flexibility and privacy between the existing residence and a future residential unit. Imagine the possibilities: additional rental income, multigenerational living, or expanded residential use! **PRIME CENTRAL ORLANDO LOCATION!** Conveniently located approximately **15 minutes from Downtown Orlando** and **10 minutes from area hospitals**, with easy access to major highways, shopping centers, supermarkets, banks, restaurants, medical facilities, and employment centers. Whether you're looking for a centrally located primary residence, an established rental investment, or a property with room for future expansion, this home offers exceptional flexibility and opportunity. **Tenant occupied. Showings by appointment only. Please do not disturb tenants.** The description now states that zoning eligibility has been verified, without suggesting that construction plans or permits have already been approved. The s “Tenants willing to relocate for an owner-occupant buyer; possession arrangements to be negotiated HOME IS KEPT IN EXCELLENT CONDITIONS
    153 days
    305
    13

    Zillow last checked:

    Listing updated:

    Listed by:

    Margarita Coll Cermeno 407-325-7892,

    MAKTUB REALTY 407-930-3530

    Source: Stellar MLS,MLS#: S5150808MLS LogoOriginating MLS: Osceola

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bonus Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Primary bedroom
      • Features: Shower No Tub, Built-in Closet
      • Level: First
      • Area: 150 Square Feet
      • Dimensions: 10x15
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 130 Square Feet
      • Dimensions: 13x10
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 130 Square Feet
      • Dimensions: 13x10
      Balcony porch lanai
      • Features: Storage Closet
      • Level: First
      • Area: 210 Square Feet
      • Dimensions: 15x14
      Kitchen
      • Features: Storage Closet
      • Level: First
      • Area: 260 Square Feet
      • Dimensions: 20x13
      Living room
      • Features: Ceiling Fan(s), No Closet
      • Level: First
      • Area: 238 Square Feet
      • Dimensions: 17x14
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Walk-In Closet(s)
      • Flooring: Ceramic Tile, Luxury Vinyl, Porcelain Tile, Tile
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 1,757
      • Total interior livable area: 1,449 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport
      • Carport spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Enclosed
      • Exterior features: Lighting
      Lot
      • Size: 0.31 Acres
      Details
      • Parcel number: 062330081600070
      • Zoning: R-1A
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow,Ranch
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Completed
      • New construction: No
      • Year built: 1952

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Available, Electricity Available, Water Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Pet fee: $0 monthly
      • Subdivision: BOONE TERRACE
      HOA
      • Has HOA: No
      Location
      • Region: Orlando

      Financial & listing details

      • Price per square foot: $293/sqft
      • Tax assessed value: $357,876
      • Annual tax amount: $6,000
      • Date on market: 6/11/2026
      • Cumulative days on market: 153 days
      • Listing terms: Cash,Conventional,FHA
      • Ownership: Fee Simple
      • Total actual rent: 30600
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $420,100

        $399,000 - $441,000

        $2,355/mo

        Price history

        DateEventPrice
        11/11/2026Price change$425,000-1.4%$293/sqft
        Source: Stellar MLS #S5150808 Report a problem
        9/26/2026Price change$430,900-1.1%$297/sqft
        Source: Stellar MLS #S5150808 Report a problem
        6/11/2026Listed for sale$435,900+3.6%$301/sqft
        Source: Stellar MLS #S5150808 Report a problem
        4/5/2026Listing removed$2,550$2/sqft
        Source: Zillow Rentals Report a problem
        4/4/2026Listing removed$420,700$290/sqft
        Source: My State MLS #11632118 Report a problem
        3/10/2026Price change$420,700-3.7%$290/sqft
        Source: Stellar MLS #S5140921 Report a problem
        3/9/2026Price change$2,550-7.3%$2/sqft
        Source: Zillow Rentals Report a problem
        2/28/2026Listed for rent$2,750+1.9%$2/sqft
        Source: Zillow Rentals Report a problem
        1/20/2026Listing removed$2,700$2/sqft
        Source: Zillow Rentals Report a problem
        1/14/2026Listed for sale$437,000+9.3%$302/sqft
        Source: Stellar MLS #S5140921 Report a problem
        1/6/2026Listed for rent$2,700-8.5%$2/sqft
        Source: Zillow Rentals Report a problem
        12/15/2025Listing removed$2,950$2/sqft
        Source: Zillow Rentals Report a problem
        11/30/2025Listed for rent$2,950$2/sqft
        Source: Zillow Rentals Report a problem
        12/13/2024Sold$400,000-4.8%$276/sqft
        Source: Stellar MLS #O6231598 Report a problem
        10/29/2024Pending sale$420,000$290/sqft
        Source: Stellar MLS #O6231598 Report a problem
        10/14/2024Price change$420,000-3.4%$290/sqft
        Source: Stellar MLS #O6231598 Report a problem
        9/12/2024Price change$435,000-3.3%$300/sqft
        Source: Stellar MLS #O6231598 Report a problem
        8/22/2024Listed for sale$450,000+73.1%$311/sqft
        Source: Stellar MLS #O6231598 Report a problem
        11/27/2018Sold$260,000-1.8%$179/sqft
        Source: Public Record Report a problem
        10/1/2018Price change$264,900-3.6%$183/sqft
        Source: NESTA REAL ESTATE CONSULTANTS #O5722495 Report a problem
        7/23/2018Listed for sale$274,900+83.4%$190/sqft
        Source: NESTA REAL ESTATE CONSULTANTS #O5722495 Report a problem
        10/15/2003Sold$149,900$103/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,911 +7.4%$264,265 +3%
        2023$3,644 +3.8%$256,568 +3%
        2022$3,511 +1.7%$249,095 +3%
        2021$3,452 +0.9%$241,840 +1.4%
        2020$3,422 -9.6%$238,501 +8.8%
        2019$3,784 +308.4%$219,281 +169.6%
        2018$927 $81,328 -27.2%
        2017$927 +3.1%$111,677 +34.2%
        2016$899 +3.3%$83,204 +2.8%
        2015$870 -5.5%$80,933 +5.3%
        2014$921 -13.2%$76,860 -9.8%
        2013$1,061 -0.6%$85,181 +0%
        2012$1,068 -13%$85,144 -9.4%
        2011$1,228 +1.1%$93,948 -1.7%
        2010$1,215 $95,602 -13.2%
        2009-- $110,138 -12.2%
        2008$2,287 -4.4%$125,478 -7.5%
        2007$2,392 -18.6%$135,680 -12.2%
        2006$2,939 +79.8%$154,531 +25.1%
        2005$1,635 +5%$123,556 +21.2%
        2004$1,557 +61.9%$101,931 +9.4%
        2003$962 +3.3%$93,201 +28.7%
        2002$931 -0.3%$72,407 +8.3%
        2001$934 +2.5%$66,832 +4.2%
        2000$912 $64,123
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 32806

        Getting around

        37 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Conway Elem
        • Middle: Conway Middle
        • High: Boone High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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