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1304 Altaloma Avenue

Orlando, FL 32803

8 beds
4 baths
3,100 sqft
14,050 sqft lot
$338 per sqft
1962 build
– on site

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***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>

Listing courtesy of STELLAR_MLS / HOMEVEST REALTY

Last checked: Checking… • Last updated Dec 3, 2024 •

MLS# O6241696 —

The Building

Year Built:

1962
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Security Features:

Smoke Detector(s)
# of Buildings:

2
Building Area Total:

4489
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Fireplace:

false

Room Dimensions

Living Area:

3100
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

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.
Latitude:

28.562592
Longitude:

-81.359753
Coordinates:

-81.359753, 28.562592

The Property

Parcel Number:

192230786002020
Property Type:

Residential Income
Property Subtype:

Quadruplex
Property Attached:

true
Lot Size Acres:

0.32
Lot Size Area:

14050
Lot Size SqFt:

14050
Lot Size Units:

Square Feet
Total Acres:

1/4 to less than 1/2
Zoning:

R-2A/T/SP/
View:

false
Exterior Features:

Sliding Doors
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Asphalt
Flood Zone Code:

X
Flood Zone Panel:

12095C0255F
Additional Parcels:

false
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Lot:

2
Tax Block:

B
Tax Legal Description:

JOSEPH SCHUNCK SUB H/5 LOTS 2 & 3 BLK B
Tax Book Number:

H-5
Tax Annual Amount:

9344

Beds

Bedrooms Total:

8

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Wall Units / Window Unit
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Laundry Features:

Other

The Community

Subdivision Name:

JOSEPH SCHUNCK SUB
Senior Community:

false
Water View:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

false
Attached Garage:

false
Carport:

true
Carport Spaces:

2
Covered Spaces:

2
Parking Features:

Common

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/3/24 Dec 3, 2024	Sold	STELLAR_MLS	$1,050,000	-8.7%
9/25/24 Sep 25, 2024	Listed / Active	STELLAR_MLS	$1,150,000

Multifamily Sold on 12/3/2024

$1,050,000

Listing provided by broker:

Brad Young

HOMEVEST REALTY

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Listing Courtesy of: STELLAR_MLS and HOMEVEST 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.

1304 Altaloma Avenue

Orlando, FL 32803