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5038 Downing St #7, Orlando, FL, 32839

3beds
3baths
1,216sqft
$175,000
$144price/sqft
$1,356/moest. monthly cost
$54,240/yrincome needed

About This Home

BACK ON THE MARKET – EXCEPTIONAL OPPORTUNITY Investor-Friendly | Prime Location | Move-In Ready with Modern Upgrades This fully remodeled condominium presents an excellent opportunity for investors, first-time buyers, or anyone seeking a stylish, low-maintenance home in a desirable location. With updated features, modern finishes, and exceptional convenience, this property is move-in ready and offers lasting value. Recently upgraded with brand-new cabinetry, offering ample storage and a contemporary design that enhances the overall appeal of the home. Includes two laundry connections and a newly designated laundry space for added convenience and efficiency. The property is located in a community monitored by security cameras and staffed with an on-site security guard, providing added safety and peace of mind. Just minutes from Millenia Mall and Florida Mall, with easy access to upscale shopping, dining, and entertainment. Quick access to I-4, 408, and the Florida Turnpike. Close to schools, grocery stores, and essential services. This is an owner-occupied property. This property is owner-occupied, and to ensure a smooth transition, the seller requires two weeks of post-closing occupancy.

Getting Around

51
WalkingSomewhat Walkable
39
TransitSome Transit
53
BikeBikeable

Schools

3/10
4/10
Memorial Middle SchoolGrades 6-81.5 mi
3/10
Oak Ridge High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1974

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Wood Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Laundry Room

Bathroom1

  • Features: Built-in Closet
  • Level: First
  • Area: 35
  • Dimensions: 5x7

Bathroom2

  • Level: Second
  • Area: 35
  • Dimensions: 5x7

Bedroom2

  • Features: Built-in Closet
  • Level: Second
  • Area: 80
  • Dimensions: 10x8

Bedroom3

  • Features: Built-in Closet
  • Level: Second
  • Area: 80
  • Dimensions: 10x8

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Area: 100
  • Dimensions: 10x10

Features

  • PrimaryBedroom Upstairs
  • Door features: Sliding Doors
  • Flooring: Carpet,Tile
  • Fireplace features: Decorative
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,216
  • Total interior livable area: 1,216 sqft

Kitchen

  • Features: Storage Closet
  • Level: First
  • Area: 63
  • Dimensions: 7x9

Living Room

  • Level: First
  • Area: 204
  • Dimensions: 12x17

Primary Bedroom

  • Features: Built-in Closet
  • Level: Second
  • Area: 35
  • Dimensions: 5x7

Property

Details

  • Parcel number: 152329379818070
  • Zoning: R-3
  • Special condition: None

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 568 sqft

Parking

  • Parking features: Assigned

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Hail
Hurricane
Inland Flooding
Lightning
Tornado

FEMA Declared Disasters in Orange County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $884$10,608
Home Insurance *$124$1,488
Property Taxes $151$1,812
Electricity $197$2,366
Total$1,356$16,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,491/yr
40% on housing$40,680/yr
45% on housing$36,160/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.0%
14.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$144This listing

vs Other Active Listings

Avg $/sqft

ZIP 32839$103
Orange County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 32839$225
Orange County$245

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-08Listed for sale$175,000
2026-03-27Pending sale$175,000
2026-03-11Price change$175,000
2026-01-31Price change$185,000
2025-11-05Listed for sale$195,000
2025-10-03Listing removed$205,000
2025-06-27Price change$205,000
2025-04-08Price change$210,000
2025-01-29Price change$215,000
2024-05-19Listed for sale$220,000
2023-06-12Sold$156,900
2023-05-28Pending sale$156,900
2023-05-21Listed for sale$156,900
2023-03-23Pending sale$156,900
2023-03-18Listed for sale$156,900
1981-04-01Sold$41,500

For Sale by Agent

AgentMarilyn Mercado
BrokerageNONA LEGACY POWERED BY LA ROSA

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