2 bed 2 bath 1,848 sqft

1013 S LAKE FORMOSA DRIVE, Orlando, FL 32803

Home last sold on 4/13/2021 for $682,500
MLS Status: Closed

One or more photo(s) has been virtually staged. AMAZING SUNSETS with this LAKEFRONT bungalow nestled in desirable LAKE FORMOSA neighborhood on skiable Lake Formosa. The best of both worlds--urban living on a private, tranquil oversized waterfront lot in the Orlando Arts District. A hidden oasis just steps to Orlando Urban Trail and Mills Park. Highly sought-after location, lots like this don't come on the market often. This lakehouse is a gem and full of potential to remodel, expand or build your dream home! Zoned R2 with possible potential to expand with a guest house for AIR BNB or rental apartment. Buyer to verify options with City of Orlando. 2 bedrooms, 2 full bathrooms with a bright open floor plan and vaulted ceilings. New AC in 2019 and newly painted exterior. The kitchen is open & overlooks the Family Room with vaulted ceilings, French doors and expansive views of the lake. The master bedroom is situated in the rear of the home with stunning lake views and ensuite bathroom and walk-in closet. The lower level has the potential to offer additional flex space overlooking the water. This lovely lakefront home boasts large mature oaks and oversized covered boat dock and lift with Northwest exposure and over 100' of shoreline. Perfect for breezy sunsets on the lake. Main level of house is 1,268 heated sq. ft., and lower level is 580 heated sq. ft. currently unfinished. 2 car attached garage and plenty of on-property gravel parking. Come enjoy the Florida lakefront lifestyle today! Walk/bike to all the Mills 50 area shops & restaurants and very close proximity to Winter Park and Park Avenue. Don't miss out, call to schedule a showing!

All About The Home

Property Details for 1013 S LAKE FORMOSA DRIVE

Home Highlights
Price/Sqft.:
$369/sqft
Parking:
Driveway, Off Street, On Street
Time on ZeroDown:
2 years
Heating/Cooling:
Central, Central Air
Property Facts
Status
Closed
Property Type
Residential, Single Family Residence
Style
Traditional
Community
ORLANDO
Lot Size
17,965 sqft.
Year Built
1972
MLS #
O5932026
Virtual Tour
Floor Size
1,848 sqft.
View(s)
Water
City
Interior Features

Bedroom Information

# of bedrooms:
2

Bathroom Information

# of Baths (Total):
2
# of Baths (Full):
2

Rooms Information

Appliances:
Dishwasher, Disposal, Refrigerator

Room 1 Information

Room Type:
Living Room
Dimensions:
13x27

Room 2 Information

Room Type:
Kitchen
Dimensions:
6x10

Room 3 Information

Room Type:
Master Bedroom
Dimensions:
14x18

Room 4 Information

Room Type:
Bedroom 2
Dimensions:
8x11

Heating & Cooling Information

Heating:
Central
Cooling:
Central Air

Interior Information

Flooring:
Laminate, Tile
Interior Features:
Cathedral Ceiling(s), Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Downstairs, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
See 20+ more property details
Listed by: Nicole Rader
Brokerage: MAINFRAME REAL ESTATE
MLS#: O5932026
Source: Stellar MLS
Details provided by Stellar MLS and may not match the public record.

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Financials

Market Comparison

There aren't too many bidding wars right now in 32803, with homes selling 3% below asking price over the last three months.

Can I rent this place out?

How much rent can I earn on this place? What's the rental earnings potential? Learn more about the rental earnings potential for this area.
Around The Neighborhood

How Are the Schools near 1013 S LAKE FORMOSA DRIVE?

Greater Orlando percentile
34.41%
National percentile
14.46%

Can I raise a family near 1013 S LAKE FORMOSA DRIVE?

Owner occupied
52.30%
Renter occupied
47.70%

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