4 months on rocket

1405 40th St, Orlando, FL, 32839

$400,000

Home List Price

$4,750*

Closing Credit

0 Baths
1,560 SqFt
$256/SqFt
Multi

Location

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1405 40th St, Orlando$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1954
HeatingCentral
CoolingCentral Air, Wall/Window Unit(s)
MLS #S5107276
Lot Size0.37 Acres
StatusActive

About 1405 40th St

Amazing opportunity to own an income producing triplex in the Orlando area. All 3 units are leased with long term tenants who have a good payment history. Each unit consists of 2 beds and 1 bath with plenty of parking space and fenced in for privacy. Property sits on a large corner lot with opportunity to add another unit for more income. Located west of Downtown, close to I-4 for easy access to other major Orlando areas, and a few minutes away from Millenia Mall and restaurants. Units are tenant occupied, please do not drive on the property unless you have permission. CASH ONLY

Property Details

Property Features

Property Information:

  • Year Built: 1954
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: LA ROSA REALTY ORLANDO LLC
  • Office Phone: (407) 900-5003
  • Listing Agent: Yadier Navarro Martell, PA

Interior Features

Interior Information:

  • Interior: Other

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 1405 40th St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: I-4 East, Exit 80A towards S. Orange Blossom Trail, turn right on 40th St. Property is located on the right immediately after crossing Nashville Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $256/SqFt

Tax Information:

  • Annual Amount: $1,955
  • 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

1405 40th St vs Orlando

149 DAYS ON ROCKET

+101 Days

$400,000

+$7.6K More

$256/SqFt

+$13 More

KEY TAKEAWAY

This property is $7.6K more than the Median Sold Price and $13/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: #S5107276

Listing Office:

  • Office Name: LA ROSA REALTY ORLANDO LLC
  • Office Phone: (407) 900-5003
  • Listing Agent: Yadier Navarro Martell, PA

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: 11/20/2024, 10:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 09, 2005Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,955$89,281
2018$1,558$48,999
2017$1,477$46,952

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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-190016
2
/10

  • Pineloch Elementary School

  • 3101 Woods St

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-190017
2
/10

  • Catalina Elementary School

  • 2448 29th St

  • 0.82 miles

  • Public District Grades PK-5

school-card-donut-190018
3
/10

  • Millennia Gardens Elementary School

  • 3515 Gardens Ridge Way

  • 1.42 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 $31,975. The majority of Orlando, FL residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Orlando, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Orlando, FL?

Orlando's housing market is diverse, offering a mix of residential options to suit various preferences and budgets. Single-family homes are prevalent, with modern, Mediterranean, and ranch-style architectures being particularly common. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The area has seen a steady growth in housing developments, with a significant number of properties constructed in the last few decades.

Is Orlando, FL a good place to live?

Orlando is celebrated for its vibrant atmosphere and strong sense of community. Known for its world-class attractions and entertainment options, the city prides itself on being a hub for both tourism and local cultural events. Residents enjoy a variety of annual festivals and community gatherings that reflect the city's diverse and dynamic character.

Are things conveniently located in Orlando, FL?

The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are comprehensive, with several hospitals and clinics offering a variety of specialized care. The city also features a network of public libraries and a rich assortment of retail and dining options that showcase the local culture. Orlando continuously adapts its services to meet the evolving needs of its growing population.

What does the transportation in Orlando, FL look like?

Orlando's transportation infrastructure is designed to accommodate both residents and visitors. The city offers multiple public transit options, including a bus system with regular routes throughout the area. For those who prefer private transport, ride-sharing services are readily available. The city is also connected by a network of major roads and highways, facilitating easy travel to and from the city. Efforts are ongoing to enhance the efficiency and accessibility of the transportation system, including improvements to walkability and bikeability in key areas.

Rocket Homes›Florida›Orange County›Orlando›32839›1405 40th St

This home is located at 1405 40th St in Orlando, FL and zip code 32839. This 1,560 square foot home, which was built in 1954, sits on a 0.37 acre lot. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $400,000.

While more than 70 listings in Orlando, FL in October 2024 were sold above asking price, there were more than 128 listings sold at asking price, and more than 444 were sold below. The inventory of homes for sale in Orlando, FL between September 2024 and October 2024 decreased by 0.1%. While the average time on the market in October 2024 was 48 days, the median list price was $392,389.

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

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