1030 & 1028 Federal St Orlando, FL 32805
Callahan NeighborhoodEstimated payment $3,217/month
Total Views
28,686
8
Beds
4
Baths
2,808
Sq Ft
$192
Price per Sq Ft
Highlights
- 0.3 Acre Lot
- Main Floor Primary Bedroom
- Space Heater
- Open Floorplan
- No HOA
- Dogs and Cats Allowed
About This Home
** GREAT NEW PRICE ** Solid income property and the chance to add four doors to your portfolio for instant cash flow in an area that continues to see huge investment. Seller is looking to sell these two separate fee simple duplexes (each duplex has two units that are 2/1's, for a total of 4 units and 8 bedrooms / 4 baths). Each property is separately deeded but seller intends to sell them together for inherent value. Because they are deeded separately you WILL NOT be able to do a single conventional loan, but can do an investor-type portfolio loan, or better yet... make a cash offer! Three of the units have been rented in the $850 to $900 / mo range with all three leases on a month to month basis. The fourth unit was recently leased for $1100 per month and that tenant can exit with a 60 day notice if necessary. These units rent quickly and current rents are probably below market so great candidate for increased ROI. All units separately metered. Roofs were replaced in 2023 and 2024. Updated plumbing and electric. Windows and doors on most units have been recently replaced as well for insurability. Units are rented and sold without appliances. No central heat and air but tenants can install wall units. We are now priced to sell. Schedule your showing today. ** PLEASE do not disturb tenants! **
Listing Agent
LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3074162 Listed on: 12/07/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,137
Year Built
- Built in 1949
Lot Details
- 0.3 Acre Lot
- Additional Parcels
Parking
- Common or Shared Parking
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,808 Sq Ft Home
- Open Floorplan
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- 4 Bathrooms
Utilities
- No Cooling
- Space Heater
Listing and Financial Details
- Visit Down Payment Resource Website
- 7-Month Minimum Lease Term
- Tax Lot 4
- Assessor Parcel Number 27-22-29-5740-00-040
Community Details
Overview
- No Home Owners Association
- 4 Units
- 2,808 Sq Ft Building
- Morgans Add 01 Subdivision
Pet Policy
- Dogs and Cats Allowed
Building Details
- 4 Separate Electric Meters
- Gross Income $45,600
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,721 | $68,493 | -- | -- |
| 2024 | $1,533 | $68,493 | -- | -- |
| 2023 | $1,533 | $118,111 | $40,000 | $78,111 |
| 2022 | $1,399 | $105,817 | $38,000 | $67,817 |
| 2021 | $1,275 | $91,046 | $35,000 | $56,046 |
| 2020 | $1,163 | $87,230 | $30,000 | $57,230 |
| 2019 | $1,154 | $82,405 | $30,000 | $52,405 |
| 2018 | $1,058 | $72,610 | $23,000 | $49,610 |
| 2017 | $867 | $50,406 | $10,000 | $40,406 |
| 2016 | $810 | $45,139 | $8,400 | $36,739 |
| 2015 | $783 | $43,401 | $8,000 | $35,401 |
| 2014 | $681 | $33,367 | $8,000 | $25,367 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | For Sale | $539,900 | 0.0% | $192 / Sq Ft |
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/04/2025 06/04/25 | Price Changed | $539,900 | -6.1% | $192 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $574,900 | -4.2% | $205 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $599,900 | 0.0% | $214 / Sq Ft |
| 03/24/2025 03/24/25 | Off Market | $599,900 | -- | -- |
| 12/07/2024 12/07/24 | For Sale | $599,900 | -- | $214 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Corporate Deed | $83,500 | Park Place Title Inc | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $75,150 | New Conventional | |
| Closed | $0 | No Value Available | |
| Closed | $5,000 | No Value Available |
Source: Public Records
Similar Homes in Orlando, FL
Source: Stellar MLS
MLS Number: O6263043
APN: 27-2229-5740-00-040
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