PRIME LOCATION and NO HOA! Multi Purpose Home! Welcome to this unique 7 bedroom, 5.5 bathroom home located in the desirable Lake Marsha neighborhood of Dr. Phillips! Perfect for multigenerational living or investors, this property offers incredible versatility and endless potential. As you step inside, you're greeted by a cozy family room featuring a charming brick fireplace. Down the hallway, the kitchen and dining room area serve as the heart of the home. Adjacent to the kitchen, you'll find a private mother in law suite, complete with two bedrooms and a full bathroomideal for guests or extended family. To the right of the kitchen, a hallway leads to three additional bedrooms and a bathroom. Among these is the primary bedroom, which boasts an ensuite bathroom. Another bedroom can function as a home office, gym or playroom complete with a private door leading to stairs that access the second floor. Notably, three of the bedrooms feature cedar closets, adding a touch of luxury and practicality for your storage needs. The second floor, which can be used as an efficiency unit, provides a bathroom and two additional bedrooms, including another primary suite with an ensuite bathroom. The unit also boasts a private outdoor stair entry, a second kitchen with Corian countertops and shaker style cabinets, and a cozy living room area with access to a screened balcony with lake views and an outside grilling area, making it ideal for rental income or additional family space. This home includes two full eating kitchens, making it ideal for multi generational living or maximizing rental income potential. Car enthusiasts or hobbyists will love the 4 car garage, which includes a workshop area and additional storage space, perfect for a handyman or mechanic. Conveniently located just minutes from Universal Studios, major shopping centers, and top rated schools, this home offers both prime location and unmatched potential. Whether you're looking for an investment property with income generating options or a spacious home for a large family, this Lake Marsha gem is the perfect fit. Dont miss your chanceschedule a showing today!