738 CREST PINES DRIVE, #728, Orlando, FL, 32828 | $272,900

LOCATION, LOCATION, LOCATION! Exceptional opportunity to own a spacious and well-located 3-bedroom, 2-bath residence on the 2nd floor, in the heart of East Orlando, one of the city’s fastest-growing and most desirable areas for both homeowners and investors, currently rents for $2, 000 monthly.

Exclusive opportunity in Building 738: This is the only unit featuring an upgraded kitchen with high-quality solid wood cabinetry and premium granite countertops installed less than a year ago. Unlike neighboring units with builder-grade finishes, this property offers superior craftsmanship and lasting value. The listing price has been thoughtfully adjusted to account for the flooring condition, providing the buyer with a perfect canvas to customize the floors to their style while securing a high-quality kitchen setup that is unmatched in the building. Ideal for those seeking a move-in-ready structure with premium foundational upgrades.

Located just minutes from Waterford Lakes Town Center and only 8 minutes from the University of Central Florida (UCF) — the second largest university in the United States — this property offers unmatched convenience and strong rental demand year-round. Its strategic location also provides easy access to Valencia College, Full Sail University, Rollins College, and Downtown Orlando’s major employment hubs.

This property presents an excellent investment opportunity with rental income potential of $2, 000/month. Whether you are looking for a primary residence, a second home in Florida, or an income-producing asset, this property checks every box.

The interior features a functional and spacious layout with bright living areas, roomy bedrooms, ample closet space, and a fully equipped kitchen with brand-new stainless steel appliances. A separate laundry room with a washer and dryer included adds convenience and additional storage space. Enjoy your own private balcony with an exterior storage closet, perfect for extra organization.

Residents enjoy access to resort-style community amenities, including a swimming pool, fitness center, grill areas, and playground. The community is also located in a desirable school district with highly rated schools nearby.

Prime location with immediate access to the 408 and 417 expressways:
• 8 minutes to UCF
• 15 minutes to Downtown Orlando
• 18 minutes to Orlando International Airport (MCO)
• 25 minutes to Universal Orlando
• Minutes from shopping, dining, entertainment, Publix, Walmart, Super Target, Sprouts, Lowe’s, Walgreens, CVS, Chase, Bank of America, Wells Fargo, UPS, USPS, FedEx, Home Depot, Lowe's and every store you can name in the Waterford Lakes Mall right next to the property.

Properties in this location rarely combine lifestyle, convenience, and investment potential at this price point. Don’t miss the opportunity to own in one of Orlando’s most dynamic and high-demand corridors.

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 3
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: CREST PINES CONDO
  • Year Built: 1998
  • Common Charge: $338 Monthly
  • Approx Sq. Feet: 1,187
  • Acreage: 0.28
  • Est. Taxes: $3,512
  • View: Garden
  • Elem. School: Water Spring Elementary
  • Middle School: Discovery Middle
  • High School: Timber Creek High
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Yes
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Range Hood, Refrigerator, Trash Compactor, Washer
  • MLS#: O6406825
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6406825/738crestpinesdrive_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/25/2026 11:59:56 PM)
Listing courtesy of Realty One Group Estates   Phone: 954-947-2383

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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738 CREST PINES DRIVE, #728, Orlando, FL, 32828

$272,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $218,320 $218,320 $218,320
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment $293 $293 $293
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,344 $1,379 $1,813
Total Monthly Payment $1,712 $1,747 $2,181

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.