Condo / High-rise home in 5424 E Michigan St #5424-2 Orlando, FL
This 1,126-square-foot Condo condo in Orlando, FL includes 2 bedrooms and 2 bathrooms. The Condo styling carries through the home's design.
| Price | $215,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1126 |
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| Architectural style | Condo / High-rise (49% match) |
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| Address | 5424 E Michigan St #5424-2 Orlando, FL 32812 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced above comparable homes.
- At $215K, this home is 12% above the $192K median for 662 similar Condo / High-rise homes in Orlando, FL.
- That works out to $191 per square foot, 2% above the $188 comparable rate.
- On the market 12 days.
| This home | $215,000 |
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| Condo / High-rise median in Orlando, FL | $192,450 (662 homes) |
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| Price per sq ft | $191 vs. $188 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,421/month with 20% down at a 7.28% 30-year fixed rate. You would need about $60,879 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,177/mo |
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| Property tax (new-buyer reassessed rate) | $163/mo |
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| Homeowners insurance | $81/mo |
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| Total monthly | $1,421/mo |
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| Down payment (20%) | $43,000 |
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| Income needed | $60,879/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (76 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (76/100) |
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| Beats renting in | 39% of modeled paths |
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| Modeled 5-yr equity (median) | $132,390 |
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| Range (10th to 90th pct) | $85,873 to $188,134 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Orlando, FL where local data is thin.
Local home values
Typical home values in Orlando, FL have risen about 22% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto