Eric Chery
$4,0004 bd2.5 ba2,604 sqft$2 /sqft$189 /mo all-in ↓

1518 SALEM DRIVE, ORLANDO, FL, 32807

Active269 days on marketListed Nov 9, 2025MLS #O6359213

Priced 99% below the ORLANDO 32807 medianWaterfrontSingle Family ResidenceCHENEY HIGHLANDS THIRD ADD

About this home

1518 SALEM DRIVE

Super Nice Newer 6 Bedroom 3 Full Bathroom 2 Story Single-Family Custom-Built Home. Lots of Really Nice Upgrades. Master Bedroom on the 1st Floor. NO Homeowner's Association. The very last home located at the end of the street - VERY PRIVATE. Lake View. Perimeter Privacy PVC Fencing. Nice Screen enclosure off the back of home. 2-Car Oversized Garage Extra Long for Boat or big truck. Landlord provides A/C Maintenance and Pest Control. Current Tenants are moving out 12/31/2025. Please No Pets. Tenant Screening Required. Beautiful 6 bed 3 full bath Custom Home with very private location.

Facts & features

The home at a glance

4

Bedrooms

2.5

Bathrooms

2,604

Sqft

0.15 ac

Lot size

2

Garage

2007

Year built

Two

Levels

$2

Per sqft

WaterfrontTrees/Woods & Water view

Inside

FlooringCeramic Tile · Luxury Vinyl · Porcelain Tile · Tile
AppliancesDishwasher · Microwave · Range · Refrigerator
InteriorCathedral Ceiling(s) · Ceiling Fan(s) · Eating Space In Kitchen · High Ceilings · Open Floorplan · Solid Surface Counters · Solid Wood Cabinets · Split Bedroom · Stone Counters · Thermostat · Vaulted Ceiling(s) · Walk-In Closet(s)
LaundryElectric Dryer Hookup · Inside · Laundry Closet · Laundry Room · Washer Hookup
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

ViewTrees/Woods · Water
ParkingBoat · Oversized
ExteriorRain Gutters

Community & fees

PetsNo

Utilities & systems

UtilitiesCable Available · Electricity Connected
WaterPublic

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$189 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$24
FHA mortgage insurance (est.)$2
Est. property taxes (1.1%/yr)$4
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $140Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $140
Interest rate6.00%
Loan term

Estimated payment

$189/mo

Principal & interest$24
FHA mortgage insurance (est.)$2
Est. property taxes$4
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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

$2 vs $247

Days on market

269 vs 40 typical

Where $2/sqft sits among the 400 Orlando actives

0 · this home
35
171
126
35
33
$2–85$85–168$168–251$251–334$334–417$417+

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 Orlando

Map of 1518 SALEM DRIVE

Drive times from this address

Downtown Orlando12 min
Orlando Int’l Airport (MCO)22 min
Universal Orlando25 min
Walt Disney World37 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Orlando. See the full Orlando guide →

ORLANDO 32807 — neighborhood snapshot

Population

34,933

Median age

36.3

Median income

$59,583

Median home value

$247,700

Avg household

2.7

Households w/ children

3,588

For the school run

Orange County School District

ElementaryCheney Elementary★★★★★
HighWinter Park High★★★★
MiddleGlenridge Middle★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Orlando market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$400K$402K

Orlando median sold, yr/yr

97.0%

Sale-to-list ratio (12 mo)

166 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 99% below the ORLANDO 32807 median. See the full Orlando market guide →

Paper trail

This home's history

Nov 9, 2025Listed at $4,000 · 269 days on market since
2007Built · CHENEY HIGHLANDS THIRD ADD

Reality check

What actually sold near 1518 SALEM DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

104 ELENA LAVIN CIRCLESold · Feb ’26

$532,900

104 ELENA LAVIN CIRCLE

5 bd · 3 ba · 2,594 sqft · $205/sqft · 2 DOM

1137 N CHICKASAW TRAILSold · Apr ’26

$475,000

1137 N CHICKASAW TRAIL

3 bd · 3 ba · 2,621 sqft · $181/sqft · 31 DOM

7551 BEAR CLAW RUNSold · Dec ’25

$493,000

7551 BEAR CLAW RUN

5 bd · 4.5 ba · 2,630 sqft · $187/sqft · 151 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.

Eric Chery

Your agent

Eric Chery

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1518 SALEM DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1518 SALEM DRIVE — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Eric's phone and CRM.

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Goes straight to Eric’s phone and CRM.

Straight answers

1518 SALEM DRIVE FAQs

What would the monthly payment be for 1518 SALEM DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $189/mo — principal and interest, estimated property taxes 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.

Are pets allowed at 1518 SALEM DRIVE?+

The listing reports pets: No. 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 $4,000, this home is listed about 99% below the Orlando median of $390,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1518 SALEM DRIVE?+

Cheney Elementary (elementary), Winter Park High (high), Glenridge Middle (middle) — Orange County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the ORLANDO 32807 market on paper

$4,000 is 99% below the ORLANDO 32807 median of $309,000, and at $2/sqft it sits under the Orlando average of $264.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

269 days on market against a Orlando median of 40 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Cheney Elementary, Winter Park High, Glenridge Middle — Winter Park High rates 4 of 5. Always verify assignments with the district.

Listing courtesy of REALTY INTERNATIONAL LLC · Mark Allen. MLS #O6359213.

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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