2900 South Rio Grande Avenue

2900 South Rio Grande Avenue in Orlando, FL was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a commercial property type. It is a single story home. There are 2 partial bathrooms. 2900 South Rio Grande Avenue has 3,264 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 19,163 square feet.

Learn more about the property and building on this page. The building type has been coded as 3. The code stands for buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame. There is a unknown. The home has a rigid frame bar style roof made of asphalt and ply sheets in a built-up roof style. For those who need parking, there is a carport. The garage is 1,271 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of concrete. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2900 South Rio Grande Avenue sold most recently in May 10, 2023 for a total of $2,700,000. If you work out the math, that's approximately a cost of $522.75 per sqft. Before that, the property was also sold for $5,300,000 in May 10, 2023. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,710 in taxes each year. 2900 South Rio Grande Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $629,453. If we break it down further, the land itself was valued at $100,800. Improvements to the property, however, were assessed at a total of $528,653. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.