400 E Colonial DRIVE, #806, Orlando, FL, 32803 | $219,999

Captivating one-bedroom, one-and-a-half-bath condo located in the luxurious Park Lake Towers. Perched on the 8th floor, this residence offers sweeping views of Park Lake and the beautiful sunsets over the Orlando Skyline. Every inch of this space has been impeccably maintained and thoughtfully enhanced with numerous updates. The main living area and foyer feature elegant 12x12 tile, setting a polished tone throughout.
The open kitchen is a showstopper with granite countertops, upgraded shaker cabinetry, and a layout designed for both functionality and style. The expansive living room provides ample space to relax and entertain, seamlessly connecting to a generously sized tiled balcony. This balcony serves as a serene escape, offering gentle views of Park Lake and the tranquil hum of city life below. The large primary bedroom is a peaceful retreat, complete with two spacious walk-in closets and oversized windows that frame breathtaking views—perfect for enjoying from the comfort of bed. The primary bathroom has been remodeled to include wall-to-ceiling tile and a luxurious soaking tub, exuding a spa-like ambiance. A separate half bath adds an ideal balance of convenience and privacy for visitors. This exceptional condo is nestled in the prestigious Park Lake Towers, a building that boasts a 24-hour doorman, fitness center, Olympic-sized pool, recreation room, sauna, steam room, and an assigned secure underground parking spot. All of this in the prime location that places it within walking distance of downtown Orlando's renowned shops, restaurants, and parks, ensuring the ultimate urban lifestyle.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 17
  • Rooms: 7
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Laundry: Common Area
  • Complex: PARK LAKE TOWERS
  • Year Built: 1975
  • Common Charge: $830 Monthly
  • Approx Sq. Feet: 799
  • Acreage: 0.28
  • Est. Taxes: $492
  • Lot Desc: City Lot, Near Public Transit
  • View: City, Garden, Park/Greenbelt, Water
  • Elem. School: Lake Como Elem
  • Middle School: Lake Como School K-8
  • High School: Edgewater High
  • Pet Policy: Breed Restrictions
  • Appliances: Electric Water Heater
  • MLS#: O6257771
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6257771/400ecolonialdrive_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 11/20/2024 12:36:54 PM)
Listing courtesy of Compass Florida, LLC   Phone: 305-851-2820

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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, #806, Orlando, FL, 32803

$219,999

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 $175,999 $175,999 $175,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.425% 7.146% 6.276%
Monthly Tax Payment $41 $41 $41
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,156 $1,170 $1,484
Total Monthly Payment $1,272 $1,286 $1,600

* 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.