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1028 Federal Street

Orlando, FL 32805

4 beds
2 baths
1,404 sqft
6,431 sqft lot
$427 per sqft
1949 build
– on site

This listing is for two adjacent units, each one a two-unit duplex, so total number of units at this price is 4 units. This is a 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 duplex is separately deeded but seller intends to sell them together for inherent value. One rental unit currently vacant and undergoing some updates that Seller can complete prior to close or let new buyer complete. Two of the rental 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. Reference MLS# O6263043 found in Income properties search for more details re: financials and such.

Listing courtesy of STELLAR_MLS / LPT REALTY

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

MLS# O6263063 —

The Building

Year Built:

1949
New Construction:

false
Construction Materials:

Block
Levels:

One
Stories Total:

1
Roof:

Shingle
Foundation Details:

Slab
Building Area Total:

1404
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Open Floorplan
Furnished:

Unfurnished
Flooring:

Ceramic Tile
Fireplace:

false

Room Dimensions

Living Area:

1404
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

South on Westmoreland, past Amelia, then turn left (west) onto Federal Street, properties (1030 and 1028 Federal Street) on south side of street.
Latitude:

28.548068
Longitude:

-81.39462
Coordinates:

-81.39462, 28.548068

The Property

Parcel Number:

272229574000050
Property Type:

Residential
Property Subtype:

1/2 Duplex
Property Attached:

true
Lot Size Acres:

0.15
Lot Size Area:

6431
Lot Size SqFt:

6431
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-2B/T/PH
Direction Faces:

North
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 00 040
Homestead:

false
Lease Restrictions:

false
Land Lease:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

5
Tax Legal Description:

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:

1451.21

Beds

Bedrooms Total:

4

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

None
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Appliances:

Electric Water Heater
Laundry Features:

None

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

Monthly cost estimate

Asking price

$599,900

Expense	Monthly cost
Mortgage	$3,212
Taxes	$120
Insurance	$164
Utilities	$175 See report
Total	$3,671/mo.^*
	^*This is an estimate

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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 townhouse located in Orlando, FL 32805 is currently for sale for $599,900. 1028 Federal Street is a 1,404 square foot townhouse with 4 beds and 2 baths that has been on Estately for 18 days. This townhouse 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.