tomo logo

$360,000

Beds
2
Baths
1.5
sq ft
816

1140 S Orlando Ave Unit F, Maitland, FL 32751

1140 S Orlando Ave Unit F

MAITLAND, FL 32751

  • 130 days on market
    • Price drop $10,000↓
Excellence and convenience in Fla Paradise! Iconic Lake Maitland Terrace is the Mid-Century Miami vibe condo community on Lake Maitland. Exceptional 2 bed 1.5 bath is on the Top Floor, corner unit. A beautiful unobstructed lake view from the oversized screened porch. Spacious with 8' ceilings and doors. Gorgeous counter height quartz eating area. Everything is open from the kitchen to the living area. Very light and airy with LVT floors throughout. All cabinets have iron hardware in the kitchen and both bathrooms. The primary bedroom has a large 1/2 bath with a big walk-in closet, a built-in dresser of drawers, and organized hanging compartments. The 2nd bedroom can be utilized as an office or guest bedroom with a built-in Murphy bed. The full bathroom ensures functionality with the same modern fixtures consistent. You'll be the proud owner of a community that is meticulously maintained. Recent efforts include painting all exteriors of the buildings and renovating the pool area. The landscaping is beautifully kept, ensuring a pristine environment. Walking distance to Eden Bar and Enzian theater, Lukes, Antonio's, Francesco's, the Shoppes at Maitland, and festive Lake Lily. This condo is turn-key ready. The pool, clubhouse, shuffleboard, and beautiful lawn areas overlook the boat dock and Lake Maitland. The condo is without the furniture that is shown in the pictures.

Details

Property type

Condominium

Est. home value

$258,049

Lot size

Unknown

Price per sq ft

$442

Year built

1969

Annual property taxes

$2,838.57

Monthly HOA fee

$519.95

Price History

01/20/2025
StellarMLS

StellarMLS #V4938946

Price change
$360,000
-2.7%
01/08/2025
StellarMLS

StellarMLS #V4938946

Listed
$370,000
01/03/2025
StellarMLS

StellarMLS #V4938946

Pending
$370,000

Schools & Community

Elementary school: 

Dommerich Elem

Middle school: 

Maitland Middle

High school: 

Winter Park High

Community features: 

Clubhouse, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$265,890
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$65,310
Cash to seller
$265,890

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2016

Original loan amount

$80,000

Est. remaining balance

$65,310

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Anthony G Colarossi and Karen E Colarossi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 3:00 PM

Listing updated: 01/24/2025 at 1:00 PM

Listed by: Kathy Davis, ELITE REAL ESTATE PROFESSIONAL Phone #: (407) 489-2930

MLS: StellarMLS #V4938946

StellarMLS logo

Recently listed in MAITLAND

$645,000|3 bd|2.0 ba|House
$1,495,000|4 bd|3.5 ba|House
$950,000|4 bd|2.5 ba|House
$1,750,000|4 bd|3.0 ba|House
$2,350,000|5 bd|5.5 ba|House
$525,000|4 bd|2.0 ba|House