2818 E MICHIGAN ST Orlando, FL 32806

UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,449 sqft
Price per Sqft $293
Subdivision Boone Terrace
MLS Listing ID S5150808
Bedrooms 3
Full Baths 2
Construction Status Completed
HOA Y/N No
Year Built 1952
Annual Tax Amount $6,000
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Single Family Residence
Source Stellar MLS
Property Description
**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
Location
State FL
County Orange
Community Boone Terrace
Area 32806 - Orlando/Delaney Park/Crystal Lake
Zoning R-1A
Rooms
Other Rooms Bonus Room
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Primary Bedroom Main Floor, Walk-In Closet(s)
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl, Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Lighting
Utilities Available Cable Available, Electricity Available, Water Connected
View Y/N No
Water Access No
Roof Type Shingle
Porch Enclosed
Exposure North
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Architectural Style Bungalow, Ranch
Level or Stories One
Structure Type Block
New Construction false
Construction Status Completed
Schools
Elementary Schools Conway Elem
Middle Schools Conway Middle
High Schools Boone High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/S5150808




