400 E Colonial DRIVE, #1102, Orlando, FL, 32803 | $369,500

Under contract-accepting backup offers. Step into a world of elevated living at Park Lake Towers, where this 2-bedroom, 2-bathroom gem takes center stage on the 11th floor. This fully remodeled 1, 189 square foot unit is nothing short of exceptional, boasting upgrades that set it apart in every way. A high-floor oasis, this corner unit faces southwest, offering the most coveted downtown views and captivating sunsets. Step onto the wraparound patio and drink in vistas of the Orlando skyline, Lake Eola Fountain, and the tranquil Park Lake. Renowned by many as the finest unit in the building, this residence is a true standout. Inside, discover a symphony of luxury details. Recessed lighting sets the stage for elegance throughout, while the upgraded bedrooms each feature en suite bathrooms with built-in closets and shelving. The master bedroom goes the extra mile with motorized blackout roller shades, ensuring the perfect night's sleep, and a spa-inspired master bath with dual sinks and a spectacular multi-fixture shower enclosure. Both bathrooms boast in-ceiling speakers with Bluetooth connectivity, adding a touch of convenience and entertainment to your daily routine. The kitchen is a chef's dream, with stunning granite countertops, a waterfall island, custom cabinetry, a stylish backsplash, and top-of-the-line stainless steel appliances, including a wine fridge. A new three-piece sliding door beckons you to the balcony, where relaxation and breathtaking views await. Park Lake Towers is more than a residence; it's a lifestyle. With professional management, 24/7 security staff, and a range of amenities, including a pool, fitness center, sauna, steam room, and recreation/meeting room, you'll find everything you need within these walls. Plus, your reserved parking space in the gated underground garage adds a final layer of convenience. Discover the epitome of high-rise luxury living in the historic Eola Heights neighborhood of Orlando. At Park Lake Towers, you're not just home; you're at the pinnacle of elegance and comfort.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 17
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Other
  • Complex: PARK LAKE TOWERS
  • Year Built: 1975
  • Approx Sq. Feet: 1,189
  • Est. Taxes: $3,534
  • Condo Fee: $830 Monthly
  • View: City, Pool
  • Elem. School: Lake Como Elem
  • Middle School: Lake Como School K-8
  • High School: Edgewater High
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Freezer, Range, Range Hood, Refrigerator, Wine Refrigerator
  • MLS#: O6161252
  • Days on Market: 193 days
  • Website: https://www.raveis.com
    /prop/O6161252/400ecolonialdrive_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/28/2024 2:47:10 PM)
Listing courtesy of PREMIER SOTHEBY'S INTL. REALTY   Phone: 407-644-3295

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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400 E Colonial DRIVE, #1102, Orlando, FL, 32803

$369,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $295,600 $295,600 $295,600
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.841% 7.159% 6.518%
Monthly Tax Payment $295 $295 $295
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,967 $1,965 $2,535
Total Monthly Payment $2,336 $2,334 $2,904

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.