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Active - House for sale

2818 E MICHIGAN STREET, Orlando, FL

3 bds|2 bth|1,449 sqft

Facts & features

House Property type
170 days on Beycome
1952 Year built
$293 Price/Sqft.
13,308 sqft Lot size

Why you’ll love it

*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.** “Tenants willing to relocate for an owner-occupant buyer; possession arrangements to be negotiated HOME IS KEPT IN EXCELLENT CONDITIONS

Translating description...

Listings courtesy of MAKTUB REALTY as distributed by MLS GRID.

Listed by: Margarita Coll Cermeno • mcollcermeno@gmail.com • MAKTUB REALTY

Co-listed by: MAKTUB REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: S5150808 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

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Affordability

$275,000$575,000
1%20%
0%90%
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Estimated monthly payment

$2,649/mo

  • Mortgage$2,149
  • Property tax$500
  • HOA fee
  • Homeowners insurance
Due at closing$337,875
Down payment held in escrow$85,000
Closing costs$6,375
beycome credit Est.$8,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$8,500 Credit back

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Travel times

About Boone Terrace

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. 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.

$425,000 Listed price

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$8,500 Credit back

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