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1028 & 1030 Federal Street

Orlando, FL 32805

8 beds
4 baths
2,808 sqft
13,068 sqft lot
$213 per sqft
1949 build
– on site

Great income property and the chance to add four doors to your portfolio for instant cash flow. These two units are standalone, adjacent duplexes for a total of four rentable units, each with 2 bed / 1 bath. Each property is separately deeded but seller intends to sell them together for inherent value. One unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the units currently on month to month at below market rents of $800 / mo. The fourth unit has a lease in place until May of 2025 at a rent of $950. If all rents are moved up to market this property should be able to operate at a very desirable cap rate. All units separately metered. Roofs were replaced in 2023 and 2024. Windows and doors on most units have been recently replaced as well for insurability.

Listing courtesy of STELLAR_MLS / LPT REALTY

Last checked: Checking… • Last updated Dec 20, 2024 •

MLS# O6263043 —

The Building

Year Built:

1949
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
# of Buildings:

2
Building Area Total:

2808
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Open Floorplan
Furnished:

Unfurnished
Fireplace:

false

Room Dimensions

Living Area:

2808
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Heading south on Westmoreland Drive, go past Amelia and then turn right onto Federal Street, properties are on LHS.
Latitude:

28.548049
Longitude:

-81.394695
Coordinates:

-81.394695, 28.548049

The Property

Parcel Number:

272229574000040
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Size Acres:

0.3
Lot Size Area:

13068
Lot Size SqFt:

13068
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-2B/T/PH
View:

false
Exterior Features:

Sidewalk
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Asphalt
Flood Zone Code:

x
Additional Parcels:

true
Additional Parcels Description:

27 22 29 5740 00 050
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

4
Tax Legal Description:

VAN M MORGANS 1ST ADDITION C/82 LOT 4 &N1/2 OF VAC ALLEY ON S PER 3558/1070 & 3595/140 plus VAN M MORGANS 1ST ADDITION C/82 LOT 5 &N1/2 OF VAC ALLEY ON S PER 3558/1070 & 3595/140
Tax Book Number:

C-82
Tax Annual Amount:

3137

Beds

Bedrooms Total:

8

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

None
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Laundry Features:

Other

The Community

Subdivision Name:

MORGANS ADD 01
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Cats OK
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Parking Features:

Common

Extra Units

# of Units Total:

4

Explore the Area

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Soundscore™

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Sale history

Date	Event	Source	Price	% Change
12/7/24 Dec 7, 2024	Listed / Active	STELLAR_MLS	$599,900

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This multifamily located in Orlando, FL 32805 is currently for sale for $599,900. 1028 & 1030 Federal Street is a 2,808 square foot multifamily with 8 beds and 4 baths that has been on Estately for 18 days. This multifamily is in the attendance area of Jones High School, Ocps Ace School, Cornerstone Charter Academy High School, and Cornerstone Charter Academy K-8.

Listing Courtesy of: STELLAR_MLS and LPT REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.