400 E Colonial DRIVE, #907, Orlando, FL, 32803 | $315,000

Stunning 9th-Floor Condo in the Heart of Downtown Orlando!

This meticulously maintained 2BR/2BA unit boasts breathtaking views of Park Lake and the surrounding areas, best enjoyed from the expansive wrap-around balcony. Inside, the open floor plan features a spacious kitchen with a breakfast bar, granite countertops, and stainless steel appliances. The living and dining areas are bathed in natural light, offering beautiful vistas that make every moment in this home special. Both large bedrooms come with ample closet space and captivating views.

Safety and convenience are top priorities in this building, with 24-hour security who have become like family to the residents. Fitness enthusiasts will appreciate the 24/7 gym and sauna, with newly installed fiber optic internet—ideal for streaming workouts or staying connected.

Nestled in the historic Lake Eola Heights neighborhood, this condo is surrounded by the charm of cobble-brick streets and tree-lined sidewalks. Added to the National Register of Historic Places in 1992, the area features homes dating back to the 1800s, offering a unique and timeless appeal. A short stroll away is Lake Eola General, a beloved local spot offering everything from breakfast sandwiches to a nightly wine and cheese happy hour. This establishment, housed in the original 1930s neighborhood general store, adds a delightful historical touch.

Less than half a mile from your doorstep, Lake Eola Park is perfect for weekend picnics or leisurely walks among the famous Orlando swans. The park also hosts a vibrant farmers market every Sunday, making it easy to enjoy fresh, local produce.

Located just 2 miles north of the Lake Highland and Ivanhoe area, you’ll have easy access to some of Orlando’s best dining and nightlife options. Plus, with I-4 just minutes away, you can be anywhere in the city within 20 minutes.

With internet and cable included in the HOA fees, this condo offers a stress-free, luxurious lifestyle in one of Orlando’s most desirable neighborhoods. Don’t miss your chance to call this extraordinary place home!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 17
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Inside
  • Complex: PARK LAKE TOWERS
  • Year Built: 1975
  • Approx Sq. Feet: 1,189
  • Acreage: 0.28
  • Est. Taxes: $3,361
  • Condo Fee: $830 Monthly
  • View: Water
  • 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, Microwave, Range, Refrigerator
  • MLS#: O6237199
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/O6237199/400ecolonialdrive_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 9/26/2024 9:17:09 PM)
Listing courtesy of EXP REALTY LLC   Phone: 888-883-8509

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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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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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400 E Colonial DRIVE, #907, Orlando, FL, 32803

$315,000

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 $252,000 $252,000 $252,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 5.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.398% 6.285% 5.510%
Monthly Tax Payment $280 $280 $280
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,531 $1,531 $2,026
Total Monthly Payment $1,886 $1,886 $2,381

* 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.