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400 E Colonial Dr Unit 501, Orlando, FL, 32803

$275,000

Home List Price

$3,266*

Closing Credit

1 Bedroom
1 Full Bath
799 SqFt
$344/SqFt
Condo
Schools Nearby

Location

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400 E Colonial Dr Unit 501, Orlando$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Attached Garage1 space
Year Built1975
HeatingCentral
CoolingCentral Air
MLS #O6183083
Lot Size0.28 Acres
StatusActive

About 400 E Colonial Dr Unit 501

Welcome to this newly remodeled condominium located in the heart of Orlando. This 1 bedroom 1 bathroom is located in Park Lake Towers on the 5th floor. The owner spared no expense in updating this unit. The unit faces south with views of downtown Orlando. Stainless steel appliances, fresh paint, back splash, and luxury vinyl floors are just some of the updates that sets this unit apart. Some of the amenities this unit includes are 24/7 security, pool, fitness center, sauna, steam room, and meeting room. If you want to live in downtown Orlando, this is the place for you!!! Owner financing available, owner will hold the mortgage. Terms and conditions are negotiable.

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Stories: 17
  • Living Area: 799 SqFt

Listing Office:

  • Office Name: BLAIR REALTY GROUP INC
  • Office Phone: (407) 210-3944
  • Listing Agent: Marcus Tillman

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Luxury Vinyl
  • Interior: Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 400 E Colonial Dr Unit 501

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Orange County Virtual Franchise, Public District Grades 4-12
  • Edgewater High School, Public Magnet Grades 9-12
  • Howard Middle School, Public Magnet Grades 6-8
  • Hillcrest Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: From the intersection of John Young Park Way and West Colonial head East on West Colonial towards downtown Orlando. After crossing over Orange Avenue the building will be located on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $344/SqFt
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Housing Market Comparison

See how this home compares to others in Orlando, FL.

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Orlando, FL

City

Med. Sold Price

$379.9K

Med. Price/SqFt

$237

Avg. Days On Market

41

# of Sold Homes

917

400 E Colonial Dr Unit 501 vs Orlando

56 DAYS ON ROCKET

+15 Days

$275,000

-$104.9K Less

$344/SqFt

+$107 More

KEY TAKEAWAY

This property is $104.9K less than the Median Sold Price and $107/SqFt more than other homes in Orlando, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6183083

Listing Office:

  • Office Name: BLAIR REALTY GROUP INC
  • Office Phone: (407) 210-3944
  • Listing Agent: Marcus Tillman

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/26/2024, 11:49:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1073466
10
/10

  • Hillcrest Elementary School

  • 1010 E Concord St

  • 0.42 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1073467
8
/10

  • Howard Middle School

  • 800 E Robinson St

  • 0.58 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1073468
6
/10

  • Orange County Virtual Franchise

  • 445 W Amelia St

  • 0.81 miles

  • Public District Grades 4-12

school-card-donut-1073469
3
/10

  • Edgewater High School

  • 3100 Edgewater Dr

  • 2.28 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,802. The most common annual income of people living in Orlando, FL is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 E Colonial Dr Unit 501

What is the listing price of this property?

The listing price of 400 E Colonial Dr Unit 501 property is $275,000.

What type of property is this?

The property 400 E Colonial Dr Unit 501 is a condo located in Orlando, Florida, 32803.

Is this property for sale now?

Active Listing: 400 E Colonial Dr Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 400 E Colonial Dr Unit 501 are:
Hillcrest Elementary School: GreatSchools Rating 10/10
Howard Middle School: GreatSchools Rating 8/10
Orange County Virtual Franchise: GreatSchools Rating 6/10
Edgewater High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 400 E Colonial Dr Unit 501 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 400 E Colonial Dr Unit 501 is 799 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 E Colonial Dr Unit 501 is 1975.

Rocket Homes›Florida›Orange County›Orlando›32803›400 E Colonial Dr Unit 501

This home is located at 400 E Colonial Dr Unit 501 in Orlando, FL and zip code 32803 in the Lake Eola Heights neighborhood. This 799 square foot home, which was built in 1975, sits on a 0.28 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $275,000.

In March 2024, from all listings sold in Orlando, FL there were more than 150 sold above asking price, over 565 sold below and more than 202 were sold right at the asked price. The number of homes for sale in Orlando, FL increased by 4.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $379,947, while the average time on the real estate market was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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