Active

Price cut: $10K (10/26)

$240,000

1135 Florida Road #C27, Durango, CO 81301

2beds

900sqft

Est.:

Condominium

Built in 1973

-- sqft lot

$227,900 Zestimate^®

$267/sqft

$-- HOA

What's special

This two bedroom, one bath condo in Terrace Gardens is priced below market value, perfect for investors and first-time home buyers. It is located in town Durango, just a short drive to Ft Lewis, Bread Bakery, the river trail, various restaurants and multiple hiking and biking trails. The condo includes a designated storage unit, coin-op laundry on site, and plenty of parking. Currently, there is a long-term tenant in the property with a contract until June 2026. So, you can start earning income on this unit right away. The HOA fees include: Building Maintenance,Sewer,Water,Gas,Snow Removal and Parking. This is a great opportunity for someone looking to start investing in real estate or a couple looking for their first home. The seller is motivated so make your offer today.

181 days

468

13

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Appliances

Included: Dishwasher, Range, Refrigerator

Features

Flooring: Carpet-Partial, Tile

Interior area

Total structure area: 900
Total interior livable area: 900 sqft

Property

Parking

Total spaces: 1
Parking features: Carport
Carport spaces: 1

Details

Parcel number: 566516406052
Zoning description: Residential Single Family

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Condition

New construction: No
Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: City Water
Utilities for property: Electricity Connected, Internet, Natural Gas Connected

Community & HOA

Community

Subdivision: Terrace Gardens

HOA

Has HOA: Yes
HOA name: Terrace Gardens

Location

Region: Durango

Financial & listing details

Price per square foot: $267/sqft
Annual tax amount: $1,053
Date on market: 7/11/2025
Electric utility on property: Yes

Estimated market value

$227,900

$217,000 - $239,000

$1,594/mo

Price history

Date	Event	Price
10/26/2025	Price change	$240,000-4%$267/sqft
Source: CREN #826403 Report a problem
8/25/2025	Listed for sale	$250,000$278/sqft
Source: CREN #826403 Report a problem
8/24/2025	Contingent	$250,000$278/sqft
Source: CREN #826403 Report a problem
7/11/2025	Listed for sale	$250,000$278/sqft
Source: CREN #826403 Report a problem
5/30/2025	Listing removed	$1,550$2/sqft
Source: Zillow Rentals Report a problem