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Townhouse for Sale in Lake Terrace, Orlando

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Overview
Market Summary
1 Bedroom Townhouse
2 Bedroom Townhouse
3+ Bedroom Townhouse
Pet-Friendly Townhouse
Luxury Townhouse
Neighbourhood
Demographics

About Lake Terrace

Lake Terrace is a pleasant neighborhood in Orlando. This district has a friendly atmosphere and offers a variety of living options. Families appreciate its good local schools. Accessible roads and transportation make getting around simple. Units with 2 bedrooms (two-bedroom 864.0 - 864.0 sq ft) fit a range of needs.

Lake Terrace Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size-

2 Bedroom avg size1231 sqft

3 Bedroom avg size-

Pricing and Liquidity

No price and liquidity data available.

1 Bedroom Townhouse

Unable to find 1 bedroom townhouse in Lake Terrace.

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2 Bedroom Townhouse

AVG PPSF$288.38 /sqft

AVG SOLD PRICE$355,000

AVG DAYS ON MARKET139 Days

Lake Terrace features several 2-bed townhomes, presenting a size of 1231 sq ft. Current pricing for these units averages around $355,000. Nearby, crosswalks make it easy to access local attractions. Most streets have stone sidewalks lined with old trees, contributing to the neighborhood's charm. Residents often enjoy taking walks to nearby parks. A typical home in this area remains on the market for about 139 days, reflecting the community's steady interest in housing. Additionally, with a floor cost of approximately $288 per sq ft, townhomes provide a mix of comfort and accessibility in a vibrant location. Overall, Lake Terrace stands out with its inviting atmosphere and amenities.

Featured Communities

Orange Tree Village Condominiums

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3+ Bedroom Townhouse

Featured Communities

Orange Tree Village Condominiums

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Pet-Friendly Townhouse

AVG PPSF$288.38 /sqft

AVG SOLD PRICE$355,000

AVG DAYS ON MARKET139 Days

Lake Terrace offers pet-friendly townhomes valued at $355,000. Currently, the market time for these homes stands at 139 days, which shows a steady interest in the area. Townhomes here boast a cost per square foot of $288. Townhomes are in close range to parks like Hart Memorial Park and schools such as Lake Gem Elementary. Many shops at Lake Terrace Plaza offer local goods and services. Residents enjoy walking their dogs along nearby paths and open spaces during warm days. Community events at nearby locations often welcome pets, enhancing a sense of belonging. A blend of comfort, convenience, and community makes Lake Terrace a great spot for pet lovers.

Featured Communities

Orange Tree Village Condominiums

0 unit available

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Luxury Townhouse

Featured Communities

Orange Tree Village Condominiums

The Neighbourhood: Lake Terrace

Lake Terrace is a lakeside neighborhood in Orange County, Florida. The area offers lakeside views and green spaces for walks and bike rides. This district has small shops, grocery markets, and basic services nearby. Local cafes and casual restaurants line the main street. The area supports everyday errands and small outings. Commuters use cars, local buses, or nearby highways for travel. Schools and community centers host programs and events. The district balances quiet streets with easy access to shops, parks, and public transportation.

Demographics

Average Resident age36 years old

Average household Income$67,996 /year

Average HouseHold Composition2 People

What to know about Lake Terrace demographics:

Many people in the area have completed high school, and about 30.68% hold a college degree.
The average age of residents is around 36 years.

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Frequently Asked Questions about Lake Terrace

What is it like to live in Lake Terrace, Orlando, FL?

Lake Terrace is a quiet neighborhood with access to nearby lakes and parks. Residents enjoy a suburban feel with tree-lined streets and family-friendly amenities. The area offers a mix of single-family homes and apartments, appealing to various lifestyles.

Is Lake Terrace, Orlando, FL expensive?

Lake Terrace has a range of home prices, with some homes being affordable and others costing more. Prices can vary based on the home's size and location within the neighborhood. Overall, it may not be considered as expensive as some other parts of Orlando.

What is the weather of Lake Terrace, Orlando, FL?

Lake Terrace has a humid subtropical climate. Winters are mild and dry, while summers are hot and humid, often with afternoon thunderstorms. Average temperatures range from the mid-50s in winter to the low 90s in summer.

How safe is Lake Terrace, Orlando, FL?

Lake Terrace is generally considered a safe neighborhood. Crime rates are lower than the Orlando average. Regular community patrols help maintain safety in the area.