tomo logo

$389,900

Beds
1
Baths
1.5
sq ft
1,988

400 E Colonial Dr Unit 1606, Orlando, FL 32803

400 E Colonial Dr Unit 1606

ORLANDO, FL 32803

  • 14 days on market
Discover luxury urban living in this unique 16th floor high-rise condo located in Downtown Orlando's Park Lake Towers. This exceptional lake view property combines two units into one expansive residence and was once home to one of the NBA's all time greatest players. Enjoy unobstructed views of the serene Park Lake from your private wrap around balcony and expansive windows. This high-rise offers not only stunning vistas but also proximity to downtown dining, shopping, entertainment venues, and cultural attractions. Property features two dedicated parking spaces. The building amenities include fitness center, steam room, sauna, 24/7 security, and pool. TLC is needed inside unit.

Details

Property type

Condominium

Est. home value

$203,656

Lot size

0.28 acres

Price per sq ft

$197

Year built

1975

Annual property taxes

$2,910

HOA

Yes

Price History

10/22/2024
StellarMLS

StellarMLS #O6251430

Listed
$389,900

Schools & Community

Neighborhood: 

Lake Eola Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, Pool

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

Suntrust Bank

Loan start date

March 2008

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

5.4%

Loan type

Credit Line (Revolving), 20 year

Seller

Julius W Erving

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: 11/05/2024 at 9:30 AM

Listing updated: 10/29/2024 at 3:48 PM

Listed by: Dylan Berlingieri, LA ROSA REALTY ORLANDO LLC Phone #: (407) 288-7384

MLS: StellarMLS #O6251430

StellarMLS logo

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