$250,000

Terrace Gardens Condominiums 1135 Florida Rd Unit 27 Durango, CO 81301

Riverview Neighborhood

Estimated payment $1,881/month

2 Beds
1 Bath
900 Sq Ft
$278 Price per Sq Ft

About This Home

This two bedroom, one bath condo in Terrace Gardens is priced below market value, perfect for investors and first-time home buyers. It is located in town Durango, just a short drive to Ft Lewis, Bread Bakery, the river trail, various restaurants and multiple hiking and biking trails. The condo includes a designated storage unit, coin-op laundry on site, and plenty of parking. Currently, there is a long-term tenant in the property with a contract until June 2026. So, you can start earning income on this unit right away. The HOA fees include: Building Maintenance,Sewer,Water,Gas,Snow Removal and Parking. This is a great opportunity for someone looking to start investing in real estate or a couple looking for their first home. The seller is motivated so make your offer today.

Listing Agent

Lisa Govreau

RE/MAX Pinnacle Listed on: 07/11/2025

RE/MAX Pinnacle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $576

Year Built

  • Built in 1973

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • 900 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Riverview K-5 Elementary School
  • Miller 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • Association fees include building maintenance, gas, insurance, sewer, water, snow removal
  • Terrace Gardens HOA
  • Terrace Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 566516406052

Property Details

Home Type

Condominium

Est. Annual Taxes

$576

Year Built

Built in 1973

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Range/Oven
  • Class: RESIDENTIAL
  • Em Deposit: 5.000
  • Em Holder: Title Durango
  • Legal Lot Block: Subdivision: TERRACE GARDEN CONDO Unit: 27 DESC: BLDG C,
  • Parcel Id Number: 566516406052
  • Price Per Sq Ft: 277.78
  • Real Estate Included: Yes
  • Realist Id: 5665-164-06-052
  • Sale/Rent: For Sale
  • Street Descriptionaccess: City/Town
  • Street Designation: Road
  • Tax Account Id: R015528
  • Zoning: Residential Single Family
  • Type: Condo
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Charter Spectrum
  • Internet Service: Yes
  • Total Taxes Dollar: 576
  • Year Built: 1973
  • Foreign Owned Y N: No
  • Prop Description Remarks: This two bedroom, one bath condo in Terrace Gardens is priced below market value, perfect for investors and first-time home buyers. It is located in town Durango, just a short drive to Ft Lewis, Bread Bakery, the river trail, various restaurants and multiple hiking and biking trails. The condo includes a designated storage unit, coin-op laundry on site, and plenty of parking. Currently, there is a long-term tenant in the property with a contract until June 2026. So, you can start earning income on this unit right away. The HOA fees include: Building Maintenance,Sewer,Water,Gas,Snow Removal and Parking. This is a great opportunity for someone looking to start investing in real estate or a couple looking for their first home. The seller is motivated so make your offer today.
  • Subdv Name: Terrace Gardens
  • Unit Suite Number: C27
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 2
  • Flooring: Tile, Carpet-Partial
  • Estimated Total Sq Ft: 900
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 1
  • Total Office Den: 0

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 1

Utilities

  • Utilities: Electric, Natural Gas, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Atmos Energy
  • Heating System: Hot Water Baseboard
  • Sewer Supplier: City of Durango
  • Water Supplier: City of Durango

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Gas, Insurance, Sewer, Water, Snow Removal
  • Hoametro Fees: 470
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Terrace Gardens

Schools

  • Elementary School: Riverview K-5
  • Middle School: Miller 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Riverview K-5
  • Middle School: Miller 6-8

Map

About Terrace Gardens Condominiums

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $577 $20,540 -- $20,540
2024 $491 $12,210 -- $12,210
2023 $491 $15,030 $0 $15,030
2022 $544 $16,490 $0 $16,490
2021 $546 $13,750 $0 $13,750
2020 $475 $12,360 $0 $12,360
2019 $455 $12,360 $0 $12,360
2018 $396 $10,910 $0 $10,910
2017 $387 $10,910 $0 $10,910
2016 $357 $10,960 $0 $10,960
2015 $281 $10,960 $0 $10,960
2014 $281 $8,850 $0 $8,850
2013 -- $8,850 $0 $8,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 For Sale $250,000 -- $278 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 826403

Colorado Real Estate Network (CREN)

APN: R015528

Colorado La Plata County Durango 81301 Riverview

1135 Florida Rd Unit 27, Durango, CO

This home is located at 1135 Florida Rd Unit 27, Durango, CO 81301 and is currently priced at $250,000, approximately $277 per square foot. This property was built in 1973. 1135 Florida Rd Unit 27 is a home located in La Plata County with nearby schools including Riverview Elementary School, Miller Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Lisa Govreau
Listing Agent
Lisa Govreau
Section Image
RE/MAX Pinnacle
(970) 717-4685