803 North Thornton Avenue

803 North Thornton Avenue

Orlando, FL 32803

$1,395,000
Price
7
Beds
3,120 Sq. Ft.
$447 / Sq. Ft.
3,120
Sq. Ft.
$447
per Sq. Ft.
a front view of a house with a yard
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an empty room with wooden floor and windows
a view of an empty room with wooden floor
an empty room with wooden floor and windows
an empty room with wooden floor
a kitchen with stainless steel appliances granite countertop a sink and a refrigerator
a kitchen with stainless steel appliances granite countertop a stove a sink and a microwave
a view of a kitchen sink cabinet and a window
a bathroom with a sink mirror toilet and shower
a utility room with dryer and washer
805- Sunroom
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an empty room with wooden floor and windows
an empty room with wooden floor and windows
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a view of a room with wooden floor and small space
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a view of empty room with wooden floor
a white refrigerator freezer sitting in a kitchen
a white refrigerator freezer sitting inside of a kitchen
wooden floor in an empty room
an empty room with wooden floor and windows
a bathroom with a sink a toilet and mirror
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a view of an empty room
a utility room with dryer and washer
a bathroom with a window and a shower
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a view of empty room with wooden floor
a view of wooden floor in an empty room
a view of an empty room with a window
a view of an empty room with wooden floor
a kitchen with stainless steel appliances granite countertop white cabinets and a window
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
809- Kitchen
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an empty room with a window
a bathroom with a toilet sink and a bathtub
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809- Laundry Area

Description

Welcome to 803 N Thornton Ave, a prime investment opportunity nestled in the heart of the Mills 50 District in Orlando, FL. This expertly maintained multi-family property comprised of two duplexes with four units in total, boasts an extremely desirable location and a blend of convenience, opportunity, and potential for lucrative returns. In addition to the fantastic opportunity that this investment presents, the seller is offering a RATE BUY DOWN for full-priced financed offers. With proximity to...Welcome to 803 N Thornton Ave, a prime investment opportunity nestled in the heart of the Mills 50 District in Orlando, FL. This expertly maintained multi-family property comprised of two duplexes with four units in total, boasts an extremely desirable location and a blend of convenience, opportunity, and potential for lucrative returns. In addition to the fantastic opportunity that this investment presents, the seller is offering a RATE BUY DOWN for full-priced financed offers. With proximity to shopping, A-rated schools, major highways, public transportation, shopping centers, dining establishments, and entertainment venues, residents have easy access to everything Downtown Orlando has to offer. Investors will appreciate the O-1T zoning which provides the opportunity for retail and office space, the positive income-generating history, and the future potential of this property. With a strong rental history and a 0% vacancy rate, this investment promises steady cash flow and long-term appreciation. With a track record of reliable tenants, you can invest with confidence knowing your property is in good hands. The strong rent and vacancy rate combined with the surrounding development within a 1.5-mile radius which will allow for increased rents with minimal improvements makes this investment a sure bet. The icing on the cake is the new 5% down investor program that was just released by Freddie Mac which allows investors to finance with only 5% down. Whether you're a seasoned investor looking to expand your portfolio or a new investor looking to HOUSE-HACK or BRRR, this property presents a versatile opportunity to capitalize on the thriving Orlando real estate market.
  1. Listed by Tiphany Weeks • DIAMOND REAL ESTATE GROUP

Property Details for 803 North Thornton Avenue

Subdivision Name
OVERSTREET OAK HILL SUB
Township
22
Garage Spaces
4
Waterfront
No

Location

Listing Courtesy of DIAMOND REAL ESTATE GROUP, Tiphany Weeks
Add your commute
LISTING UPDATED: 05/22/2024 04:48 PM

Property Details for 803 North Thornton Avenue

StatusActive
MLS #O6205210
Days on Market17
Taxes$18,317 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1947
Lot Size0.19 AC / 8,124 SF
CountyOrange County

Location

Listing Courtesy of DIAMOND REAL ESTATE GROUP, Tiphany Weeks
Add your commute

Building Information for 803 North Thornton Avenue

Stories-Residences4Year Built1947Building Size-Lot Size0.19 AC / 8,124 SF

Payment Calculator

$9,140 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$1,526

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 803 North Thornton Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4576.0
  • Building Area Units: Square Feet
  • Directions: Upon exiting I-4 East, merge onto US Highway 92 East towards Colonial Drive. Proceed for approximately 2 miles, then turn left onto N Thornton Avenue. You will find the triplex located on your right-hand side.
  • Elementary School: Audubon Park K8
  • High School: Winter Park High
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 803
  • Street Direction Prefix: N
  • Street Name: THORNTON
  • Street Suffix: AVENUE
  • State: FL
  • City: ORLANDO
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Assigned
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: D
  • Tax Book Number: F-17
  • Tax Legal Description: OVERSTREET OAK HILL SUB F/17 LOT 18 BLKD
  • Tax Lot: 18
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 24-22-29-6492-04-180
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 2
  • Water Access: No
  • Water Extras: No
  • Zoning: O-1/T
  • Living Area: 3120
Property and Assessments
  • Year Built Numeric: 1947
  • Flood Zone Code: X
  • Flood Zone Date: 09-25-2009
  • Flood Zone Panel: 12095C0265F
  • Homestead: No
  • New Construction: No
  • Number Of Lots: 1
  • Public Survey Range: 29
  • Public Survey Section: 24
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Wood Frame
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 7
  • Appliances: Built-In Oven, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Wood
  • Heating: Central
  • Interior Features: Primary Bedroom Main Floor
  • Laundry Features: Common Area, In Garage
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $66,600.00
  • Est Annual Market Income: $118,500.00
  • Gross Income: $88,200
  • Unit Count: 4
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
  • Unit Type Description 1: Building 1- Upstairs 2 bedroom unit with attached single garage
  • Unit Type Garage Attached 1: Yes
  • Unit Type Garage Spaces 1: 1
  • Unit Type Heated Sq Ft 1: 788
  • Unit Type Number Of Units Occupied 1: 1
  • Unit Type Pro Forma 1: 1900
  • Unit Type Type 1: 2 Bed/1 Bath
  • Unit Type Units Total 1: 1
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Description 2: Building 1- Upstairs 1 bedroom unit with attached single garage
  • Unit Type Garage Attached 2: Yes
  • Unit Type Garage Spaces 2: 1
  • Unit Type Heated Sq Ft 2: 600
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1650
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 1
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 2
  • Unit Type Description 3: Building 2- Single Story duplex 2 bedroom 1 bath
  • Unit Type Garage Attached 3: No
  • Unit Type Garage Spaces 3: 1
  • Unit Type Heated Sq Ft 3: 866
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1950
  • Unit Type Type 3: 2 Bed/1 Bath
  • Unit Type Units Total 3: 1
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 2
  • Unit Type Description 4: Building 2- Single Story duplex 2 bedroom 1 bath
  • Unit Type Garage Attached 4: No
  • Unit Type Garage Spaces 4: 1
  • Unit Type Heated Sq Ft 4: 866
  • Unit Type Number Of Units Occupied 4: 1
  • Unit Type Pro Forma 4: 1850
  • Unit Type Type 4: 2 Bed/1 Bath
  • Unit Type Units Total 4: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Water

Property History for 803 North Thornton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 803 North Thornton Avenue

Taxable ValueLand$400,000Additions$600,046Total$1,000,046
Tax Record2023$18,317 ($1,526 / month)
Home Facts
Total Finished SqFt1,732 SqFtAbove Grade Finished SqFt1,732 SqFtStories1Lot Size8,124 SqFtStyleDuplexYear Built1947Year Renovated2005ZoningO-1/TCountyORANGEAPN24-22-29-6492-04-180

Schools near 803 North Thornton Avenue

This home is within Orange.
Rating
School
Type
Grades
Distance
AUDUBON PARK SCHOOL
Public - PK to 8
Cornerstone Academy Charter
Charter - K to 8
Cornerstone Charter Academy High School
Charter - 8 to 12
Edgewater High School
Public - 9 to 12
Rating
School
Distance
AUDUBON PARK SCHOOL
PublicPK to 8

Cornerstone Academy Charter
CharterK to 8

Cornerstone Charter Academy High School
Charter8 to 12

Edgewater High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 803 North Thornton Avenue, Orlando, FL 32803

803 North Thornton Avenue is a multi-family home for sale in Orlando, FL 32803. This property was listed for sale on May 14, 2024 by DIAMOND REAL ESTATE GROUP, it's currently listed at $1,395,000. It has been on the market for a total of 17 days and was last sold on October 17, 2022. This listing's school district is Orange. Nearby schools include AUDUBON PARK SCHOOL, Cornerstone Academy Charter and Cornerstone Charter Academy High School. 803 North Thornton Avenue is a 7-bed, 0-bath, 3,120 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DIAMOND REAL ESTATE GROUP, Tiphany Weeks

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 05/22/2024 04:48 PM