703 PALMERA STREET, ORLANDO, FL, 32811
Active393 days on marketListed Sep 22, 2025MLS #TB8426799
About this home
703 PALMERA STREET
Virtually Staged. BOM, Buyer financing fell through. PRICED TO SELL! Move-In Ready 3-bedrooms, 2-baths single-family home with no rear neighbors. This home features laminate & tile flooring throughout, new kitchen cabinets & stone countertops replace in 2025, and a refreshed primary suite with a new vanity. The interior and exterior have been freshly painted in 2025, the roof & ac was replaced in 2022, water heater 2017 This spacious lot offers privacy with a backyard that backs to trees and woods, creating an ideal space for relaxing or entertaining. Solar panels, which will be paid off at closing, provide additional long-term value and energy efficiency. With no minimum ownership requirements prior to leasing, this property is a strong option for both homeowners and investors seeking immediate rental opportunities. Schedule your appointment today!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,170
Sqft
0.13 ac
Lot size
2
Garage
2004
Year built
One
Levels
$239
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,172 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,172/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−7.7%
$/sqft vs Orlando actives
$239 vs $238
Days on market
393 vs 61 typical
Where $239/sqft sits among the 400 Orlando actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Timberleaf
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
Timberleaf — neighborhood snapshot
Population
2,632
Median age
29
Median home value
$302,000
Avg household
3
Households w/ children
347
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $395K
Orlando median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
212 of 400
Orlando actives have cut their price
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 78% above the ORLANDO 32811 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 703 PALMERA STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$263,000
5121 LUNA NEGRA DRIVE · same community
3 bd · 2 ba · 1,170 sqft · $225/sqft · 90 DOM
Sold · Jan ’26$315,000
718 PALMERA STREET · same community
3 bd · 2 ba · 1,152 sqft · $273/sqft · 85 DOM
Sold · Feb ’26$325,000
5051 LUNA NEGRA DRIVE · same community
3 bd · 2.5 ba · 1,476 sqft · $220/sqft · 12 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 703 PALMERA STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 703 PALMERA STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
703 PALMERA STREET FAQs
What would the monthly payment be for 703 PALMERA STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,172/mo — principal and interest, the actual property-tax bill, the $23/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 703 PALMERA STREET?+
The association fee works out to $23 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 703 PALMERA STREET?+
The most recent tax bill on record (2024) was $2,596. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 703 PALMERA STREET?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Orlando?+
At $279,999, this home is listed about 26% below the Orlando median of $379,900. The market section on this page shows how the area is trending.
Which schools are assigned to 703 PALMERA STREET?+
Orlo Vista Elementary (elementary), Carver Middle (middle), Jones High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$279,999 runs 78% above the ORLANDO 32811 median.
02Trees/Woods views
The trees/woods view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
393 days on market against a Orlando median of 61 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $327,000, now $279,999 — a $47K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of FUTURE HOME REALTY INC · Irma M Ruiz. MLS #TB8426799.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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