Overview
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About this home
1064 Lotus Pkwy #915 is a 1984-built home in Lake Lotus Club 1 A Condo, Altamonte Springs. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,246 square feet of living space. Listed at $145,000 (about $116/sqft), 124 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $685 monthly.
How often do you find a Ground-Floor condo next to a Lake for UNDER 150K?! This unit is priced to Sell, and, Seller paid all Special Assessments! For investors, this can be a turnkey addition to your portfolio, generating $1,900 rental revenue on Day 1 of ownership with stable, long-term tenants (going on their 9th year!) For buyers looking to live in the property, the lease allows for termination with a 90 day notice if sold, providing the flexibility you need to be able to move in to the property with an expedited timeline, so you can enjoying the view and all the other benefits of this condo as your new home!
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The essentials
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Details
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
Market insights
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Sample: 117 closed condo sales in 32714 over the last 8 months, Stellar MLS. A starting point, not a guarantee.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$145,000
$116 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,246 sq ft
Time on market
124 days
Year built
1984
Monthly payment
About $1,688/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $2,090 annual tax bill, insurance, and $685/mo in condo dues.
Condo dues
$685/mo
Managed by Top Notch Management.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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