tomo logo

$265,000

Beds
1
Baths
1.0
sq ft
971

530 E Central Blvd Unit 401, Orlando, FL 32801

530 E Central Blvd Unit 401

ORLANDO, FL 32801

  • 14 days on market
    • Price drop $24,000↓
Stunning, sunny and spacious, this rare oversized 1 bedroom/1 bath retreat, located in the heart of downtown Orlando, shows like a model. It has been updated top to bottom. New 2024 renovations include luxury vinyl flooring throughout; a stunning kitchen with custom cabinets, quartz counters, tile backsplash, task lighting, high end appliances (including a new dishwasher, disposal and washing machine); lighted pantry closet and designer finishes. An attractive custom bar with a wine cooler separates the living and dining rooms. The large living room features a lovely brick wall focal point amidst corner windows on each side. Mounted on the wall is an electric fireplace, that provides heat and includes features that enhance the ambiance, and a large screen TV above with sound bar and speaker. The spacious bedroom, light and bright, has a corner niche for a desk and an enviable walk-in custom closet with built-ins providing plenty of storage. The primary bath features a stylish contemporary vanity, a new comfort high toilet and large shower with a lovely stone floor. The A/C was replaced in 2021. Large double paned thermal windows, which were replaced 2017, provide abundant light in the living areas. Amenities include a heated saltwater pool, hot tub, sauna, media room, fitness center, billiards and club room and 24-hour concierge and security service. HOA fees include internet, water, cable, trash, sewer, pest control, maintenance, security and reserves. The condo comes with a deeded parking space in the garage with adjacent storage. 530 E Central is a prime location across the street from Lake Eola Park, and walking distance to cafes, fine restaurants, shops and bars. It is minutes from 408 and I-4 and convenient to entertainment and sporting events at the Dr. Phillips Performing Arts Center and Kia Center. Advent and Orlando Regional Hospitals are nearby.

Details

Property type

Condominium

Est. home value

$326,089

Lot size

0.31 acres

Price per sq ft

$273

Year built

1985

Annual property taxes

$2,885

Monthly HOA fee

$916

Price History

09/13/2024
StellarMLS

StellarMLS #O6238446

Price change
$265,000
-8.3%
09/05/2024
StellarMLS

StellarMLS #O6238446

Listed
$289,000
+15.6%
11/12/2020
StellarMLS

StellarMLS #O5892380

Sold
$250,000
+38.89%

Schools & Community

Neighborhood: 

South Eola

Elementary school: 

Lake Como Elem

Middle school: 

Lake Como School K-8

High school: 

Edgewater High

Community features: 

Gated, Clubhouse, Fitness Center, Pool, Sidewalks

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

$98,419
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$145,381
Cash to seller
$98,419

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

Seller’s Loan History

Lender

Summit Mortgage Corp

Loan start date

May 2016

Original loan amount

$176,739

Est. remaining balance

$145,381

Interest rate

3.71%

Loan type

FHA, 30 year

Seller

Kristen A Morin

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?

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Status: Active

Tomo last checked: 09/18/2024 at 9:15 PM

Listing updated: 09/16/2024 at 5:38 PM

Listed by: Joan Cross, BHHS FLORIDA REALTY Phone #: (407) 406-5300

MLS: StellarMLS #O6238446

StellarMLS logo

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