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2827 Coral Reef Dr, Orlando, FL, 32826

2beds
2baths
837sqft
$239,900
$287price/sqft
$1,854/moest. monthly cost
$74,160/yrincome needed

About This Home

One or more photo(s) has been virtually staged. INVESTMENT OR FIRST HOME OPPORTUNITY IN EAST ORLANDO NEAR UCF - 1/2 DUPLEX WITH 3.625% ASSUMABLE FHA MORTGAGE! Charming curb appeal welcomes you to this beautifully updated, move-in-ready half duplex featuring tile floors throughout with the ultimate Florida-friendly combination of durability, easy maintenance, and clean modern style. Natural light fills this open floor plan, drawing you into the heart of the home where the REMODELED KITCHEN (2020) steals the show, highlighted with chocolate cabinets, granite countertops, and a full complement of stainless steel appliances; everything a buyer, investor, or first-time homeowner needs to move right in. Granite counters, stainless steel appliances, tile floors, updated fixtures, and ceiling fans throughout provide the touches of elegance to this move-in-ready gem. Walk out to enjoy outdoor Florida living in your enormous, fully fenced backyard oasis; the perfect blank canvas to create your dream patio, garden, or entertainment space with total privacy. Have peace of mind knowing this home features a BRAND NEW ROOF 2023, A/C 2022, REPLUMBED 2022, and NEW WATER HEATER 2022! Take advantage of the RARE 3.625% ASSUMABLE FHA MORTGAGE and lock in a payment that simply cannot be matched in today's market. This prime East Orlando location puts you minutes from the University of Central Florida, Lockheed Martin, Siemens, Central Florida Research Park, Waterford Lakes Town Center, and provides quick access to SR 417, SR 408, and SR 528. THIS IS A MUST-SEE OPPORTUNITY, WHETHER YOU'RE BUYING YOUR FIRST HOME OR ADDING TO YOUR PORTFOLIO!

Getting Around

19
WalkingCar-Dependent
54
TransitGood Transit
53
BikeBikeable

Schools

5/10
6/10
4/10
University High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1982

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: Laundry Closet

Bedroom2

  • Features: Dual Closets
  • Level: First
  • Area: 121
  • Dimensions: 11x11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),Solid Surface Counters,Solid Wood Cabinets,Stone Counters
  • Door features: Sliding Doors
  • Window features: Blinds
  • Flooring: Ceramic Tile
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 858
  • Total interior livable area: 837 sqft

Kitchen

  • Level: First
  • Area: 121
  • Dimensions: 11x11

Living Room

  • Level: First
  • Area: 180
  • Dimensions: 15x12

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: First
  • Area: 168
  • Dimensions: 14x12

Property

Details

  • Parcel number: 152231881000330
  • Zoning: R-2
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Fencing: Wood
  • Residential vegetation: Trees/Landscaped

Lot

  • Lot size: 6,054 sqft
  • Features: In County,Landscaped

Parking

  • Parking features: Parking Pad
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Hurricane
Tornado

FEMA Declared Disasters in Orange County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$169$2,028
Property Taxes $275$3,300
Electricity $197$2,366
Total$1,854$22,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,565/yr
40% on housing$55,620/yr
45% on housing$49,440/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.0%
14.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 32826$118
Orange County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 32826$240
Orange County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$250,000
2019-11-06Sold$142,000
2019-10-03Pending sale$144,900
2019-10-03Listed for sale$144,900
2019-08-31Listing removed$144,900
2019-08-13Listed for sale$144,900
2019-08-13Pending sale$144,900
2019-05-31Listed for sale$144,900
2018-08-29Listing removed$995
2018-08-16Listed for rent$995
2017-06-08Listing removed$850
2017-05-17Listed for rent$850
2005-03-30Sold$95,200
2002-05-31Sold$49,000
1997-07-21Sold$33,000

For Sale by Agent

AgentChristopher Baker
BrokerageKELLER WILLIAMS ADVANTAGE III

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