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About this home
1407 E Ridgewood St is a 1925-built home in J E Groves Sub, Orlando. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,484 square feet of living space. Listed at $550,000 (about $371/sqft), 42 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This historic 2-Bedroom 1-Bathroom Bungalow is located in one of Downtown Orlando’s most desirable neighborhoods. The 1925 Bungalow comes with a rare asset. It has a detached 1970 1-Bedroom 1-Bathroom guesthouse offering exceptional flexibility for additional rental income, hosting guests, or multigenerational living. These opportunities do not come on the market often so snap this one up! The detached Cottage is features a separate OUC electrical meter, separate internet and qualifies for the City's long term and/or short term rental. Improvements to the property include new roofs on both structures (2023) and the Bungalow has been repiped water service line to the City meter (2025), providing added value and peace of mind. This home is just minutes from Lake Eola Park, the Dr. Phillips Center for the Performing Arts, Thornton Park, Mills 50, Ivanhoe Village, and Orlando Health. It offers the perfect blend of historic character and urban convenience. Meet your neighbors on your quiet open air front porch or walk over to the local neighborhood eatery Maxine's on Shine and have lunch or dinner. Enjoy central air conditioning, mature landscaping, and easy access to Orlando best. A truly exceptional opportunity to own a versatile income producing property in the heart of Downtown Orlando.
The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$550,000
$371 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,484 sq ft
Time on market
55 days
Year built
1925
Monthly payment
About $3,738/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $7,137 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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