tomo logo

$1,499,999

Beds
4
Baths
2.5
sq ft
2,530

7470 Lake Marsha Dr, Orlando, FL 32819

7470 Lake Marsha Dr

ORLANDO, FL 32819

  • 1 day on market
Welcome to this charming lakefront home nestled in the heart of Orlando, Florida. Currently an income-producing property, this beautifully maintained property boasts stunning views of Lake Marsha, offering serene sunsets and tranquil waters in your backyard. Featuring four spacious bedrooms and three updated bathrooms, this home is designed for both comfort and style. The open floor plan seamlessly connects the living, dining, and kitchen areas, making it perfect for entertaining. This fully furnished home offers a turn-key investment opportunity for long-term and short-term rental, currently bringing in around $100,000 a year in short-term rental income (property also available as Long Term Rental- MLS G5090991). Conveniently located near Orlando's top attractions, shopping, and dining with Universal Studios right across the lake! Come and enjoy the perfect balance of peaceful lakefront living and city accessibility. Whether you're looking for a forever home, a weekend retreat, or an investment opportunity, this is an exceptional piece of Florida paradise. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$1,186,509

Lot size

2.18 acres

Price per sq ft

$593

Year built

1971

Annual property taxes

$9,926.86

HOA

No

Price History

01/14/2025
StellarMLS

StellarMLS #G5091378

Listed
$1,499,999
+122.22%
02/03/2023
StellarMLS

StellarMLS #O6077608

Sold
$675,000

Schools & Community

Elementary school: 

Palm Lake Elem

Middle school: 

Chain of Lakes Middle

High school: 

Dr. Phillips High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$493,678
Asking price
$1,499,999
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$886,321
Cash to seller
$493,678

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

July 2023

Original loan amount

$900,000

Est. remaining balance

$886,321

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

T & H Partners Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/15/2025 at 12:10 AM

Listing updated: 01/14/2025 at 10:03 AM

Listed by: Jean Tolentino, COMPASS FLORIDA, LLC Phone #: (305) 851-2820

MLS: StellarMLS #G5091378

StellarMLS logo

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