1510 Altaloma Avenue, ORLANDO, FL 32803
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  • MLS#: TB8477370 ( Residential Income )
  • Street Address: 1510 Altaloma Avenue
  • Viewed: 15
  • Price: $550,000
  • Price sqft: $288
  • Waterfront: No
  • Year Built: 1953
  • Bldg sqft: 1911
  • Bedrooms: 3
  • Total Baths: 2
  • Days On Market: 12
  • Additional Information
  • Geolocation: 28.5651 / -81.3598
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32803
  • Subdivision: Mayfair Sub
  • Provided by: SOUTH CEDAR REAL ESTATE, INC
  • Contact: Caylee Decleene LLC
  • 813-374-7907
  • mfrmls
  • DMCA Notice
  • Description
    Rare opportunity in Orlandos hottest corridor! This duplex sits in the heart of the Mills 50/Colonialtown North neighborhood, offering investors strong rental potential or homeowners the chance to offset their mortgage by renting the second unit. The property features two well maintained units: a 2 bedroom, 1 bath and a 1 bedroom, 1 bath, each with spacious, light filled layouts and move in ready living spaces. The units are individually metered for electricity, providing added convenience and flexibility for tenants and owners alike. The property can easily be converted into a spacious 3 bedroom, 2 bath single family home, perfect for families seeking more square footage in this prime location. A new roof was installed in 2020, providing peace of mind for years to come. HVAC updates include a brand new inside and outside unit for Unit 1 installed July 2025 and a brand new inside and outside unit for Unit 2 installed February 2023, both with rebuilt fiberglass housings and copper wiring. The generous backyard offers room to expand outdoor living, create a garden oasis, or add an ADU for additional value add potential. A shared laundry room provides added convenience for residents. Located in Flood Zone X, this property does not require flood insurance. Just 5 minutes to Mills 50s vibrant dining and entertainment scene, 8 minutes to Downtown Orlando, 10 minutes to Winter Parks upscale shopping and dining, and walking distance to the Orlando Urban Trail. Direct access to I 4 and 408 makes commuting to major employment hubs effortless. Residents enjoy an abundance of local craft coffee shops, boutique shopping, parks, and the areas renowned culinary scene. With Mills 50s continued revitalization, strong rental demand, and proximity to downtown employers, this property offers excellent cash flow potential and long term appreciation. Live in one unit while the other helps pay your mortgage, or hold as a pure investment property. Whether youre an investor seeking passive income, a homeowner looking to offset your mortgage, or a family wanting the flexibility to convert to a single family residence, this property delivers. Dont miss this opportunity in one of Orlandos most desirable and rapidly appreciating neighborhoods!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Storage
  • Flooring: Tile
  • Living Area: 1640.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Available, Water Available
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Country: US
  • Furnished: Unfurnished
  • Interior Features: Ceiling Fans(s)
  • Legal Description: MAYFAIR SUB H/57 LOT 6 & N 10 FT LOT 7 BLK A
  • Area Major: 32803 - Orlando/Colonial Town
  • Occupant Type: Owner
  • Parcel Number: 30-22-19-5552-01-060
  • Views: 15
  • Zoning Code: R-2A/T/SP
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Turnkey duplex opportunity in the heart of Colonialtown North / Mills 50, one of Orlandos most desirable rental markets. Delivered vacant at closing, this property offers immediate flexibility to set

  1. Bedrooms: 3
  2. Baths: 2
  3. Approx. 1975 sqft
  1. MLSID: O6385602
  2. Provided by DERENTHAL REALTY
  3. Contact Mike Derenthal
  4. mfrmls
  5. DMCA Notice