1 month on rocket

1304 Altaloma Ave, Orlando, FL, 32803

$1,150,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Baths
3,100 SqFt
$371/SqFt
Multi

Location

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1304 Altaloma Ave, Orlando$1,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCommon, Covered
Year Built1962
HeatingWindow Unit(s)
CoolingWall/Window Unit(s)
MLS #O6241696
Lot Size0.32 Acres
StatusActive

About 1304 Altaloma Ave

***Do Not Disturb Tenants*** Value-Add Quadruplex in Prime Mills50 District! Investor’s dream in the heart of Orlando! Best zip code in Orlando! (Niche.com - 2024) This rare quadruplex, situated in the highly sought-after Mills50 District, offers a tremendous value-add opportunity with exceptional future potential. The property consists of two duplexes, each featuring 2 bedrooms and 1 bathroom. Three of the units have already been updated, providing immediate value, while still offering room to enhance the property's overall return. Located in the vibrant and centrally positioned Mills50 District, this property benefits from being at the nexus of Orlando's most dynamic neighborhoods. Just a stone’s throw away, you'll find yourself in the midst of the eclectic Ivanhoe Village, the lively Milk District, and the charming Audubon Park. Whether your tenants are young professionals, families, or students, they will appreciate the quick access to all the popular districts. The easy access to I-4 and the 408 Expressway ensures smooth connectivity to all that Central Florida has to offer. Currently, the units are rented below market value, offering immediate rental income with the potential for substantial increases. This quadruplex represents an unbeatable opportunity for savvy investors looking to capitalize on the rapidly growing Orlando market with its A+ location and potential for significant rental income increases. ***Seller offering partnership for redevelopment*** <div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://my.matterport.com/show/?m=4MoaXFuMtju&mls=1" frameborder="0" allow="autoplay; fullscreen" allowfullscreen style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></div>

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Living Area: 3,100 SqFt

Listing Office:

  • Office Name: HOMEVEST REALTY
  • Office Phone: (407) 897-5400
  • Listing Agent: Brad Young

Interior Features

Interior Information:

  • Interior: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Sliding Doors

Parking Information:

  • Attached Garage: No
  • Parking: Common, Covered

Virtual/3D Tour

  • 3D Tour: 1304 Altaloma Ave
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Window Unit(s)
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Head south on I-4 W, Use the 2nd from the right lane to take exit 85 for Princeton St, Use the left 2 lanes to turn left onto FL-438 S/Princeton St, Use the middle lane to turn right onto N Mills Ave, Turn left onto Nebraska St, Turn right onto Altaloma Ave, Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,150,000
  • Price Per SqFt: $371/SqFt

Tax Information:

  • Annual Amount: $6,529
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Orlando, FL.

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Orlando, FL

City

Med. Sold Price

$392.3K

Med. Price/SqFt

$243

Avg. Days On Market

48

# of Sold Homes

642

1304 Altaloma Ave vs Orlando

56 DAYS ON ROCKET

+8 Days

$1,150,000

+$757.6K More

$371/SqFt

+$128 More

KEY TAKEAWAY

This property is $757.6K more than the Median Sold Price and $128/SqFt more than other homes in Orlando, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6241696

Listing Office:

  • Office Name: HOMEVEST REALTY
  • Office Phone: (407) 897-5400
  • Listing Agent: Brad Young

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:19:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 29, 1998Home Sold
$160,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,529$355,895
2018$5,879$335,155
2017$5,568$323,718

History based on county public records data.

Payment Calculator

$5,807

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,514

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-220757
9
/10

  • Hillcrest Elementary School

  • 1010 E Concord St

  • 0.89 miles

  • Public Magnet Grades PK-5

school-card-donut-220758
7
/10

  • Princeton Elementary School

  • 311 W Princeton St

  • 1.59 miles

  • Public District Grades KG-5

school-card-donut-220759
8
/10

  • Baldwin Park Elementary School

  • 1750 Common Way Rd

  • 1.69 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,271. The majority of Orlando, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Orange County›Orlando›32803›1304 Altaloma Ave

This home is located at 1304 Altaloma Ave in Orlando, FL and zip code 32803 in the Colonialtown North neighborhood. This 3,100 square foot home, which was built in 1962, sits on a 0.32 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $1,150,000.

In October 2024 more than 70 listings in Orlando, FL were sold above the asking price. During the same period more than 128 listings were sold at asking price, while more than 444 were sold below. The number of homes for sale in Orlando, FL decreased by 0.1% between September 2024 and October 2024. Listings spent 48 days on the market in October 2024, and had a median list price of $392,389 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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