$166,000
●
Condo -
Off Market
40 MOREE LOOP #11
WINTER SPRINGS, FL 32708
3 Beds
2 Baths,
1
Half Bath
1,400 Ft²
$1,030
Est. Monthly
$31
HOA / Fees
15.28%
Cap Rate
About This Property
One or more photo(s) has been virtually staged. Tucked in the
highly desirable Highlands community-one of Central Florida's top
recreational neighborhoods-this spacious 3-bedroom, 2.5-bath,
two-story condo delivers comfort, style, and unbeatable amenities.
Step into a bright, updated kitchen with granite countertops, crisp
light cabinetry, and modern dark appliances. The open living and
dining areas flow seamlessly to your oversized screened patio-ideal
for morning coffee or evening gatherings. Upstairs, all three
bedrooms offer generous space, and the bathrooms have been
tastefully updated for a fresh, move-in-ready feel. Living here
means resort-style perks: a sparkling community pool, tennis
courts, nature trails, and peaceful creekside paths surrounded by
lush, mature landscaping. Your assigned parking space is just steps
from your front door, and Highlands Elementary is right in the
neighborhood. You're minutes from hiking and biking trails, the
Seminole County Environmental Center, UCF, Seminole State College,
top-rated schools, and downtown Orlando-plus the beaches are an
easy drive away.
Unit Size
1,400 Ft²
Days on Market
268 days
Land Size
0.02 acres
Price per sqft
$128
Property Type
Condo
Property Taxes
$120
HOA Dues
$31
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 10 months ago (Stellar MLS #O6290876)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Price Decreased |
$179,000
↓ $19K
(9.6%) | |
| Price Decreased | |||
| Aug 10, 2025 | Price Decreased |
$198,000
↓ $12K
(5.7%) | |
| Price Decreased | |||
| Apr 15, 2025 | Price Decreased |
$210,000
↓ $16K
(7%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Stone Counters, Kitchen/Family Room Combo, Primary Bedroom Main Floor
Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Door Features: Sliding Doors
Laundry Features: Inside
Rooms: 3
Exterior Details
Has Property Attached
Square Footage: 1400
Square Footage Source: $0
Property Condition: Completed
Year Built: 1977
Building Area Total: 1452
Levels: Two
Building Area Units: Square Feet
Construction Materials: Stucco, Wood Siding
Lot Size Area: 923
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 923
Tax Lot: 0110
Water Source: Public
Financial Details
Tax Annual Amount: $1,437
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Structure, Maintenance Grounds, Community Pool, Maintenance Repairs, Manager
HOA Fee Frequency: Monthly
Condo/Coop Fee: $368
Condo/Coop Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/12/2025
|
3 Bed
|
2 Bath
|
1400 ft²
|
$179,900
3 Bed
2 Bath
1400 ft²
|
$175,000
-2.72%
02/18/2026
|
Jeff Singletary
KELLER WILLIAMS HERITAGE REALTY
| |
|
03/26/2025
|
3 Bed
|
2 Bath
|
1400 ft²
|
$225,900
3 Bed
2 Bath
1400 ft²
|
$166,000
-26.52%
12/19/2025
|
Jessica Brown
EXP Realty, LLC
| |
|
01/31/2025
|
3 Bed
|
3 Bath
|
1400 ft²
|
$248,990
3 Bed
3 Bath
1400 ft²
|
$335,000
+34.54%
04/04/2025
|
Andre Hernandez
OLYMPUS EXECUTIVE REALTY INC
| |
|
06/13/2024
|
3 Bed
|
3 Bath
|
1400 ft²
|
$205,000
3 Bed
3 Bath
1400 ft²
|
$200,000
-2.44%
11/15/2024
|
Joyce Gary
PAINE-ANDERSON PROPERTIES, INC
| |
|
11/02/2023
|
3 Bed
|
3 Bath
|
1400 ft²
|
$227,900
3 Bed
3 Bath
1400 ft²
|
$231,000
+1.36%
12/22/2023
|
Myrna Contreras
XCELLENCE REALTY
| |
|
05/04/2022
|
3 Bed
|
3 Bath
|
1400 ft²
|
$170,000
3 Bed
3 Bath
1400 ft²
|
$180,500
+6.18%
06/08/2022
|
Karen Bagwell
RE/MAX TOWN & COUNTRY REALTY
| |
|
07/29/2021
|
3 Bed
|
3 Bath
|
1400 ft²
|
$149,900
3 Bed
3 Bath
1400 ft²
|
$155,100
+3.47%
09/02/2021
|
Robert Christiano
COLDWELL BANKER REALTY
|
Building Info
About Highlands
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Listed by: Jessica Brown
MARK SPAIN REAL ESTATE
Last Updated: 10 months ago
Data Source: Stellar MLS, MLS# O6290876
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
MARK SPAIN REAL ESTATE
Last Updated: 10 months ago
Data Source: Stellar MLS, MLS# O6290876
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017