400 E Colonial DRIVE, #902, Orlando, FL, 32803 | $335,000

This fantastic 9th-floor corner condo with a wrap-around balcony showcases a 270-degree panoramic city skyline, sunset & Lake Park Lake views. Units on this corner don't come around often. This 2-bedroom, 2-bathroom luxury high-rise condo has been meticulously cared for. As you enter 902, you'll quickly notice features like an updated kitchen, tile throughout, a coat closet, and the City Beautiful in the background. The kitchen has abundant cabinet/counter space, granite countertops, a cooktop, stainless steel appliances, tile backsplash, and under-cabinet lighting. The dining area opens to the spacious living room with updated triple-pane hurricane windows and sliding doors with UV protection and heat reduction, keeping you quiet and cool. The sliding door also has an automatic roller shade for convenience. On the balcony, the 270-degree view will speak for itself. You can see downtown, Lake Eola’s famous fountain spray, the executive and international airports, rocket launches, sunrises, sunsets, Lake Park Lake, and much more! The oversized primary suite features a large window for natural light, a primary ensuite with ample space, a jetted tub, and a closet. The second bedroom is just off the living room, with a large window and a custom Murphy bed system. The guest bath is fully tiled and features a large walk-in shower. Other updates include lights in all the closets, a door added for easy access to your newer water heater, and all recessed lights upgraded to LED. Each floor has a common area laundry room equipped with multiple washers and dryers. Park Lake Towers is a luxury high-rise with daily on-site management, 24-hour security guard, a gym, sauna, steam room, recreation/conference room, under-building parking, and a junior Olympic-sized pool perfect for laps. This unit has one assigned garage space, but plenty of guest spaces are available on the main level parking. The HOA includes standard cable TV & internet, water, sewer, pest control, and exterior maintenance. The HOA is also in the process of updating the building with Fiber optics. This unit is truly a private oasis in the sky.

Features

  • Elevator: Y
  • Heating: Heat Pump
  • Cooling: Central Air
  • Levels: 18
  • Amenities: Cable TV, Fitness Center, Lobby Key Required, Maintenance, Pool, Sauna, Security
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Same Floor As Condo Unit
  • Complex: PARK LAKE TOWERS
  • Year Built: 1975
  • Approx Sq. Feet: 1,189
  • Acreage: 0.28
  • Est. Taxes: $3,225
  • Condo Fee: $830 Monthly
  • View: City, Trees/Woods, Water
  • Pool: In Ground
  • Pet Policy: No
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • MLS#: O6244418
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6244418/400ecolonialdrive_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 7:17:11 PM)
Listing courtesy of RENCHER REALTY GROUP   Phone: 321-325-2040

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NMLS Mortgage Loan Originator ID 16953

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400 E Colonial DRIVE, #902, Orlando, FL, 32803

$335,000

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 $268,000 $268,000 $268,000
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 $269 $269 $269
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,628 $1,628 $2,154
Total Monthly Payment $1,972 $1,972 $2,498

* 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.