1020 E MICHIGAN STREET UNIT 1020, ORLANDO, FL, 32806
Active107 days on marketListed Apr 20, 2026MLS #O6400615
About this home
1020 E MICHIGAN STREET UNIT 1020
This beautifully condo is ready to impress and perfectly situated in the sought-after SODO District at 1010A-1020 E Michigan St, Orlando, FL 32806. Nestled inside the Ten Thousand Oaks gated community, this hidden gem puts you just minutes from Downtown Orlando, Lake Eola, ORMC, and the Amway Center — all less than 3 miles away. This first-floor unit offers 1,664 square feet of comfortable living space with 4 bedrooms and 2 bathrooms. The spacious floor plan is flooded with natural light, making every room feel open and inviting. Plantation shutters throughout add a clean, polished look while the wood-burning fireplace in the living room sets the perfect mood for relaxing evenings or casual get-togethers with friends. Step out back to your private brick patio overlooking the lake and peaceful green space. It is the kind of spot where you will want to enjoy your morning coffee every single day. You also get an assigned carport parking spot with a large attic storage space, which is a rare bonus for condo living. The gated community comes with awesome perks including a community pool, tennis courts, and a clubhouse. Plus, you are conveniently close to highways, theme parks, and Orlando International Airport. Move-in ready and truly a rare find in the heart of Orlando the City Beautiful, this one will not last long. Schedule your showing today and come see what makes this condo so special.
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,864
Sqft
0.15 ac
Lot size
1973
Year built
One
Levels
$185
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 — not generic estimates.
$2,359 /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
$2,359/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.
$/sqft vs Orlando actives
$185 vs $248
Days on market
107 vs 41 typical
Where $185/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.
The investor lens
Two ways this home pays
This home sits inside Thousand Oaks, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,000/mo median
Live Orlando rental listing data — this home’s rate depends on size, condition and furnishing.
The Loughman short-term market
▼ Softening48%
Occupancy
▼ 40% yr/yr
$220
Avg nightly rate
▲ 3% yr/yr
$25K/yr
Revenue per listing
$107
RevPAR
68 days
Booking lead time
5.8 nights
Avg stay
3
Typical min nights
348
Active rentals
▼ 31% supply
Seasonality — monthly occupancy
Peaks at 62% in Mar · bottoms at 35% in Jun
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Loughman — the projection above is specific to this home’s size.
Where it sits
Inside Pineloch
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Thousand Oaks is a short-term-rental community. See the full guide →
Pineloch — neighborhood snapshot
Population
2,928
Median age
39
Median income
$100,959
Median home value
$400,476
Avg household
2
Households w/ children
330
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
97.0%
Sale-to-list ratio (12 mo)
171 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 19% below the ORLANDO 32806 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 1020 E MICHIGAN STREET UNIT 1020
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$165,000
1068 E MICHIGAN STREET UNIT A · same community
3 bd · 2 ba · 1,664 sqft · $99/sqft · 280 DOM
Sold · Nov ’25$195,876
1092 E MICHIGAN STREET UNIT 1 · same community
3 bd · 2 ba · 1,278 sqft · $153/sqft · 161 DOM
Sold · Mar ’26$182,000
974 E MICHIGAN STREET UNIT 974 · same community
3 bd · 2 ba · 1,278 sqft · $142/sqft · 11 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1020 E MICHIGAN STREET UNIT 1020 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1020 E MICHIGAN STREET UNIT 1020 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1020 E MICHIGAN STREET UNIT 1020 FAQs
What would the monthly payment be for 1020 E MICHIGAN STREET UNIT 1020?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,359/mo — principal and interest, the actual property-tax bill 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.
What are the property taxes on 1020 E MICHIGAN STREET UNIT 1020?+
The most recent tax bill on record (2025) was $180. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 1020 E MICHIGAN STREET UNIT 1020 be rented short-term?+
Yes — this home sits inside Thousand Oaks, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 1020 E MICHIGAN STREET UNIT 1020?+
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 $345,000, this home is listed about 12% below the Orlando median of $392,950. The market section on this page shows how the area is trending.
Which schools are assigned to 1020 E MICHIGAN STREET UNIT 1020?+
Blankner K-8 (elementary), William R Boone High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Under the ORLANDO 32806 market on paper
$345,000 is 19% below the ORLANDO 32806 median of $427,000, and at $185/sqft it sits under the Orlando average of $264.
02Zoned for nightly rentals
Thousand Oaks is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Water views
The water view is part of what you're buying — views hold value independently of the structure.
04Time on market is leverage
107 days on market against a Orlando median of 41 — sellers in this position are usually ready to negotiate.
05Strong assigned schools
Blankner K-8, William R Boone High — Blankner K-8 rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of LPT REALTY, LLC · Paul Bryant. MLS #O6400615.
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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