tomo logo

$259,500

Beds
2
Baths
2.0
sq ft
1,115

204 E South St Unit 1057, Orlando, FL 32801

204 E South St Unit 1057

ORLANDO, FL 32801

  • 291 days on market
    • Price drop $7,500↓
Great opportunity to own a ground-floor, well-appointed ( Engineered hardwood floors, Granite counters in kitchen AND baths, 2021 a/c and water heater) premium condo in the heart of downtown Orlando. Perfect for investors or owner-occupants! Current tenant pays $2150 per month. Option to retain tenant or move in with just 45 days notice. Don't miss this flexible opportunity!, along with two assigned covered parking spaces in a convenient location (2nd and 3rd floor). Crown molding throughout also enhances the feel. Besides the convenience of first floor, this unit faces north in the back so you won't get blasted with afternoon sun but will have balanced natural light throughout the day. Open the french doors to your own back patio; surrounded by lush landscaping; setting the tropical vibe you're looking for at the end of a long day. The Grande has recently upgraded its exterior and it shows. The community boasts one of the nicest and most inviting pool areas, especially within this general price point. Exterior renovation completed in 2020/21 including new roof, paint, and windows. Cook up steaks or relax on the various chaise loungers poolside. This residence has a very usable, open layout with two full baths and bedrooms. One of the best-looking units in the building and first floor. You'll be hard-pressed to find a better, more put-together option at this price point. Tenant lease ends 3/31/25 with 45 day notice to vacate in the case of owner-occupant purchase.

Details

Property type

Condominium

Est. home value

$273,373

Lot size

2.16 acres

Price per sq ft

$233

Year built

2002

Annual property taxes

$2,140.12

Monthly HOA fee

$565

Price History

05/28/2024
StellarMLS

StellarMLS #O6142247

Price change
$259,500
-2.81%
03/25/2024
StellarMLS

StellarMLS #O6142247

Price change
$267,000
-1.66%
09/18/2023
StellarMLS

StellarMLS #O6142247

Listed
$271,500
+2.45%

Schools & Community

Neighborhood: 

Central Business District

Elementary school: 

Lake Como Elem

Middle school: 

Lake Como School K-8

High school: 

Edgewater High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks

Seller’s Loan History

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

Lender

Rbc Bank (Georgia) Na

Loan start date

October 2022

Original loan amount

$198,750

Est. remaining balance

Not provided

Interest rate

6%

Loan type

New Conventional, 30 year

Seller

Rathika Kumarakulasinkam and Kumarakulasingham Kumarakulasinghami

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: 07/05/2024 at 12:00 AM

Listing updated: 06/24/2024 at 3:14 PM

Listed by: Dave Zembala PA, ZEMBALA GROUP Phone #: (407) 234-9744

MLS: StellarMLS #O6142247

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