$245,000
2827 Coral Reef Drive
Orlando, FL 32826
Listing updated: June 23, 2026 at 7:35 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
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 & FRESHLY PAINTED, 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!
Local Insight
At $293/sqft for a 1982 half duplex, you're paying above the typical entry-level price in this part of Orlando, so the value hinges on the condition—the 360° tour is essential to assess whether updates have been made to justify that premium. The no-HOA situation is a genuine plus for a duplex, and being in X flood zone removes that insurance cost burden, but at 837 sqft across two bedrooms you're looking at modest space that'll feel tight if you're not downsizing or planning to rent one side. University High's attendance zone is solid, the location is reasonably central, but verify whether this is an investment property for rental income or primary residence, because holding costs and tenant turnover can quickly erode the appeal at this price point.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history65 days on market
- Status: ActiveApr 20, 2026
- Listed$250,000Apr 19, 2026
- Price reduced$245,000
Facts & features
- Property type
- Residential
- Sub type
- Half Duplex
- Status
- Active
- Days on market
- 65
- Subdivision
- University Place
- County
- Orange
- Year built
- 1982
- Living area
- 837 sq ft
- Price/sq ft
- $293
- Building area
- 858 sq ft (Public Records)
- Lot size
- 6,054 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12095C0280F)
- Annual taxes
- $2,128 (2025)
- Parcel #
- 15-22-31-8810-00-330
- Zoning
- R-2
- MLS #
- O6400580
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Stone Counters
- Laundry
- Laundry Closet
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Parking Pad
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 7 Months
- Listing terms
- Assumable, Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Sliding Doors
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Public
Community
- Pets allowed
- Yes
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Bedroom 2 | First | 11x11 |
| Kitchen | First | 11x11 |
| Living Room | First | 15x12 |
| Primary Bedroom | First | 14x12 |
Listing Details
- Listing date
- 2026-04-19
- On market date
- 2026-04-19
- Original list price
- $250,000
- Occupant type
- Vacant
- MLS area
- 32826 - Orlando/Alafaya
- Listing AOR
- Orlando Regional
- Status changed
- 2026-04-20
- Tax legal description
- UNIVERSITY PLACE UNIT 1 10/137 LOT 33 (LESS S1/2)
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Head north on Alafaya Trail (FL-434), Continue for about 1.5 miles, Turn left onto McCulloch Road, Drive approximately 1 mile, Turn right onto Coral Reef Drive, continue straight — 2827 Coral Reef Dr will be on your left
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 23, 2026 at 7:35 PM ET. 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.
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