860 N Orange AVENUE, #168, Orlando, FL, 32801 | $182,500

Welcome to Park North at Cheney Place! Downtown Orlando's best value- considering the low monthly condo fee includes water/sewer/trash and weekly pest control. This well-appointed studio unit is directly on one of two tropical pools of the community, with easy access to laundry facilities (operated by a phone application) just down the hall. The studio has large windows with Southern exposure for ample sunlight and newer luxury vinyl flooring throughout the space; the Fridge with icemaker was replaced on 11/21. This 1st-floor unit has direct access to the parking garage area or onto N. Orange. The central location offers prime access to dining and entertainment, with cultural, sports, and music venues steps away. Park North is a pet-friendly property with recreation areas designated especially.

The Association has completed its STATE OF FLORIDA MANDATED Structural Integrity reporting, including a 30-year plan, which is available for review to any potential purchaser. Don't let this scare you away from buying a condo—do your research: ) Park North has fully funded reserves and well-maintained and operated facilities.

The 2025 budgeted Condo Dues, including new mandatory strategic reserves (FL), will be $198. 92/mo for this unit—very low, considering this includes water, sewer, trash, pest control, and one deeded parking space!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 4
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Laundry, Optional Additional Fees, Pool
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: None
  • Complex: PARK NORTH/CHENEY PLACE
  • Year Built: 2000
  • Approx Sq. Feet: 411
  • Acreage: 2.01
  • Est. Taxes: $1,910
  • Condo Fee: $161 Monthly
  • View: Pool
  • Elem. School: Princeton Elem
  • Middle School: Howard Middle
  • High School: Edgewater High
  • Pet Policy: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
  • MLS#: O6251576
  • Days on Market: 23 days
  • Website: https://www.raveis.com
    /prop/O6251576/860norangeavenue_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 11/22/2024 4:09:45 PM)
Listing courtesy of BRIDGETTE ROSS P A   Phone: 407-826-1997

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NMLS Mortgage Loan Originator ID 16953

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860 N Orange AVENUE, #168, Orlando, FL, 32801

$182,500

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 $146,000 $146,000 $146,000
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 7.477% 7.159% 6.498%
Monthly Tax Payment $159 $159 $159
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $971 $970 $1,252
Total Monthly Payment $1,205 $1,204 $1,486

* 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.