3 months on rocket

722 E Michigan St Unit 145, Orlando, FL, 32806

$164,500

Home List Price

$1,953*

Closing Credit

3 Bedrooms
2 Full Baths
1,182 SqFt
$139/SqFt
Condo

Location

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722 E Michigan St Unit 145, Orlando$164,500

Buyer Closing Credits

$1,953*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone, Open
Year Built1969
HeatingCentral, Electric
CoolingCentral Air, Humidity Control
WaterfrontLake Front
MLS #T3532217
Lot Size0.15 Acres
StatusActive

About 722 E Michigan St Unit 145

One or more photo(s) has been virtually staged. AMAZING INVESTOR OPPORTUNITY!!! Welcome to an exceptional opportunity in the heart of Orlando’s vibrant SoDo District! This beautiful 3-bedroom, 2-bathroom condominium in the highly desirable La Costa Brava community offers the perfect blend of investment potential and living. Situated on the first floor, this charming home features newly tiled floors and premium vinyl flooring in the living room and bedrooms, providing both elegance and durability. Step into the modern kitchen, with spacious cabinets, washer and dryer in-unit and newer appliances await your culinary adventures. The spacious living areas flow seamlessly, creating an inviting atmosphere for entertaining or relaxing. Both bathrooms have been tastefully upgraded with new vanities and modern finishes, ensuring a luxurious experience. Residents will be delighted by the array of amenities that La Costa Brava offers. Enjoy access to a boat ramp on the stunning 61-acre Lake Pineloch, a skiable lake perfect for water enthusiasts. Relax in not one, but two sparkling pools, stay active in the state-of-the-art fitness center, or unwind with friends in the community cantina. These features not only enhance your lifestyle but also add significant appeal for potential renters. Convenience is at your doorstep with this prime location. Two Publix grocery stores, Fresh-field Farms, Target, and Starbucks are all within easy reach, ensuring your daily needs are met with ease. Additionally, the area boasts limitless dining options, from casual eateries to fine dining, catering to every palate. Situated just minutes from the trendy Hourglass District, Orlando Regional Medical Center, and Downtown Orlando, this condominium offers unparalleled access to key locations. Quick access to major highways like I-4, 408, and Orlando International Airport further enhances its desirability, making commuting a breeze. Education is a top priority, and this home is located within an outstanding school system. You will appreciate the proximity to highly-rated K-12 magnet schools, including Blankner K-8 School and Boone High School, renowned for their academic excellence, enriching, and national sports programs. Whether you are an investor seeking a valuable asset with excellent rental income potential and long-term appreciation, or a looking for a vibrant community to call home, this condominium is a rare find. Don’t miss out on this opportunity to secure a piece of Orlando’s finest living. 3/2 Downtown Lake Condo 1182 SQFT Core Logic Real ARV $203,000-225,000 Price Per Square Foot: $134 Average Price Per Square Foot of Comparable: $217 It has almost been completely renovated and may require very little work, if you'll like, to make this your dream home.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 1969
  • Stories: 2
  • Living Area: 1,182 SqFt

Listing Office:

  • Office Name: HOMECOIN.COM
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Vinyl, Wood
  • Interior: Ceiling Fans(s), Thermostat, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • Exterior: Dog Run, Irrigation System, Outdoor Grill, Outdoor Kitchen, Sidewalk, Sliding Doors, Storage

Parking Information:

  • Parking: None, Open

Lot Features

Lot Information:

  • Lot: Near Public Transit, Private
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Humidity Control

School Info

Assigned Schools Information:

  • William R Boone High School, Public Magnet Grades 9-12
  • Orange County Virtual Franchise, Public District Grades 4-12
  • Blankner K-8, Public District Grades PK-8

Other

Directions Information:

  • Directions: From Downtown Orlando: Start: Head south on S Orange Ave from downtown. Continue: Continue straight to stay on S Orange Ave. Turn Left: Turn left onto E Michigan St. Destination: 722 E Michigan St will be on the right. From I-4 Eastbound: Start: Head east on I-4. Exit: Take exit 81A toward Michigan St. Turn Right: Turn right onto W Michigan St. Continue: Continue straight to stay on E Michigan St. Destination: 722 E Michigan St will be on the right. From I-4 Westbound: Start: Head west on I-4. Exit: Take exit 81 for Michigan St. Turn Left: Turn left onto W Michigan St. Continue: Continue straight to stay on E Michigan St. Destination: 722 E Michigan St will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $164,500
  • Price Per SqFt: $139/SqFt

HOA Fees:

  • Amount: $771
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,586
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orlando, FL.

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Orlando, FL

City

Med. Sold Price

$389.6K

Med. Price/SqFt

$241

Avg. Days On Market

40

# of Sold Homes

875

722 E Michigan St Unit 145 vs Orlando

103 DAYS ON ROCKET

+63 Days

$164,500

-$225.1K Less

$139/SqFt

-$103 Less

KEY TAKEAWAY

This property is $225.1K less than the Median Sold Price and $103/SqFt less than other homes in Orlando, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #T3532217

Listing Office:

  • Office Name: HOMECOIN.COM
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

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

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 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: 9/20/2024, 10:19:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 25, 2017Home Sold
$103,500
Dec 16, 2004Home Sold
$167,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,586$135,800
2018$2,201$112,200
2017$1,811$94,500

History based on county public records data.

Payment Calculator

$1,660

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$560

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-171597
8
/10

  • Blankner K-8

  • 2500 S Mills Ave

  • 0.30 miles

  • Public District Grades PK-8

High School

school-card-donut-171598
6
/10

  • William R Boone High School

  • 1000 East Kaley St

  • 0.65 miles

  • Public Magnet Grades 9-12

school-card-donut-171599
7
/10

  • Orange County Virtual Franchise

  • 445 W Amelia St

  • 2.89 miles

  • Public District Grades 4-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,106. The majority of Orlando, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 722 E Michigan St Unit 145

What is the listing price of this property?

The listing price of 722 E Michigan St Unit 145 property is $164,500.

What type of property is this?

The property 722 E Michigan St Unit 145 is a condo located in Orlando, Florida, 32806.

Is this property for sale now?

Active Listing: 722 E Michigan St Unit 145 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 722 E Michigan St Unit 145 are:
Blankner K-8: GreatSchools Rating 8/10
William R Boone High School: GreatSchools Rating 6/10
Orange County Virtual Franchise: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,586 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 25, 2017 for $103,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 722 E Michigan St Unit 145 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 722 E Michigan St Unit 145 is 1,182 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 722 E Michigan St Unit 145 is 1969.

Rocket Homes›Florida›Orange County›Orlando›32806›722 E Michigan St Unit 145

This home is located at 722 E Michigan St Unit 145 in Orlando, FL and zip code 32806 in the La Costa Brava Lakeside Condominiums neighborhood. This 1,182 square foot home, which was built in 1969, sits on a 0.15 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 09, 2024 and is currently priced at $164,500.

In August 2024, from all listings sold in Orlando, FL there were more than 110 sold above asking price, over 561 sold below and more than 204 were sold right at the asked price. The inventory of homes for sale in Orlando, FL between July 2024 and August 2024 increased by 0.8%. In August 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $389,677.

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

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