tomo logo

$300,000

Beds
2
Baths
2.0
sq ft
1,189

400 E Colonial Dr Unit 907, Orlando, FL 32803

400 E Colonial Dr Unit 907

ORLANDO, FL 32803

  • 85 days on market
    • Price drop $15,000↓
Stunning 9th-Floor Condo in the Heart of Downtown Orlando! This meticulously maintained 2BR/2BA unit boasts breathtaking views of Park Lake and the surrounding areas, best enjoyed from the expansive wrap-around balcony. Inside, the open floor plan features a spacious kitchen with a breakfast bar, granite countertops, and stainless steel appliances. The living and dining areas are bathed in natural light, offering beautiful vistas that make every moment in this home special. Both large bedrooms come with ample closet space and captivating views. Safety and convenience are top priorities in this building, with 24-hour security who have become like family to the residents. Fitness enthusiasts will appreciate the 24/7 gym and sauna, with newly installed fiber optic internet—ideal for streaming workouts or staying connected. Nestled in the historic Lake Eola Heights neighborhood, this condo is surrounded by the charm of cobble-brick streets and tree-lined sidewalks. Added to the National Register of Historic Places in 1992, the area features homes dating back to the 1800s, offering a unique and timeless appeal. A short stroll away is Lake Eola General, a beloved local spot offering everything from breakfast sandwiches to a nightly wine and cheese happy hour. This establishment, housed in the original 1930s neighborhood general store, adds a delightful historical touch. Less than half a mile from your doorstep, Lake Eola Park is perfect for weekend picnics or leisurely walks among the famous Orlando swans. The park also hosts a vibrant farmers market every Sunday, making it easy to enjoy fresh, local produce. Located just 2 miles north of the Lake Highland and Ivanhoe area, you’ll have easy access to some of Orlando’s best dining and nightlife options. Plus, with I-4 just minutes away, you can be anywhere in the city within 20 minutes. With internet and cable included in the HOA fees, this condo offers a stress-free, luxurious lifestyle in one of Orlando’s most desirable neighborhoods. Don’t miss your chance to call this extraordinary place home!

Details

Property type

Condominium

Est. home value

$317,421

Lot size

0.28 acres

Price per sq ft

$253

Year built

1975

Annual property taxes

$3,360.54

Monthly HOA fee

$830

Price History

11/08/2024
StellarMLS

StellarMLS #O6237199

Price change
$300,000
-4.76%
08/29/2024
StellarMLS

StellarMLS #O6237199

Listed
$315,000
+29.63%
06/14/2021
StellarMLS

StellarMLS #O5918847

Sold
$243,000
+42.94%

Schools & Community

Neighborhood: 

Lake Eola Heights

Elementary school: 

Lake Como Elem

Middle school: 

Lake Como School K-8

High school: 

Edgewater High

Community features: 

Fitness Center, 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

$62,284
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$213,716
Cash to seller
$62,284

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$230,850

Est. remaining balance

$213,716

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Jennifer Smith

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: 11/22/2024 at 12:10 AM

Listing updated: 11/08/2024 at 12:00 PM

Listed by: Bobby Baldor, PA, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #O6237199

StellarMLS logo

Recently listed in ORLANDO

$425,000|4 bd|2.5 ba|House
$313,000|3 bd|2.0 ba|House
$499,900|6 bd|3.5 ba|House
$455,000|4 bd|3.0 ba|House
$439,900|4 bd|2.0 ba|House
$470,000|3 bd|2.0 ba|House
$380,000|3 bd|2.0 ba|House