400 E Colonial Dr #508, photo 1
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Overview

1 bd2 ba1,109 sqftCondominium
TypeCondominium
Condo dues$850/mo
Built1975
Lot12,046 sqft
Living area1,109 sqft
Price / sqft$207

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Open FloorplanThermostatWalk-in Closet(s)Window TreatmentsBalconyBuyer Approval RequiredCommunity MailboxFitness Center

400 E Colonial Dr #508 is a 1975-built home in Park Lake Towers, Orlando. Inside you'll find 1 bedrooms, 2 bathrooms, and 1,109 square feet of living space. Listed at $229,900 (about $207/sqft), 40 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. Condo dues run $850 monthly.

From the listing

Welcome to Park Lake Towers, where high-rise convenience meets everyday comfort in the heart of downtown Orlando. This spacious 1,109 SF, 1-bedroom, 2-full-bath residence on the 5th floor offers a rare layout with true potential—easily converts into a 2-bedroom, 2-bath home with the simple addition of one wall, giving each bedroom its own private bath. The oversized primary suite is a standout, featuring two walk-in closets, a separate sink vanity area, and a private soaking tub with a separate shower. Storage abounds throughout the unit, with generous closet space at nearly every turn, including a welcoming foyer entry with its own front closet. The open living room flows seamlessly to a private, walk-out balcony facing east, perfect for morning coffee, while a dedicated dining space just off the kitchen makes everyday living and entertaining effortless. A deeded parking space is included, and while there's no in-unit laundry, the building offers a convenient laundry room on every floor. Residents enjoy an impressive lineup of amenities including a resort-style pool, fitness center, recreation room, business center, ample meeting space, onsite management, and elevator access—with HOA dues covering it all, including water, trash, sewer, pest control, cable, and internet, for truly all-inclusive living. Tucked in a quiet, private setting just minutes from downtown Orlando, Lake Eola, Thornton Park, and premier shopping, this pet-free building offers an unbeatable location paired with low-maintenance luxury. With a motivated seller ready to make a deal, this is an incredible opportunity to own a unit brimming with potential in one of downtown Orlando's most convenient addresses.

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The essentials

Built
1975
Price / sqft
$207
On market
40 days
Annual tax
$1,138
Condo dues
$850/mo
Flood zone
X · Low risk
Lot
12,046 sqft
Type
Condominium

At a glance

High-rise condo
18 stories · 1975
Community pool
Fitness center too
Private balcony
Outdoor space
1,109 sqft
Living area

Payment

Est. monthly payment
$2,259/mo
Down payment (20%)
$45,980
Property taxes
$95/mo
Condo dues
$850/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Condominium
Year Built
1975
Lot
12,046 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Days on Market
40
Open Floorplan
Thermostat
Walk-in Closet(s)
Window Treatments
Balcony
Buyer Approval Required
Community Mailbox
Fitness Center
Pool
Dishwasher
Disposal
Range
Range Hood
Refrigerator
Elementary
Lake Como Elem
High
Edgewater High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2025)
$1,138
Parcel #
25-22-29-6677-05-080

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Park Lake Towers
County
Orange
MLS Area
32803 - Orlando/Colonial Town
Lot Size
12,046 sqft
Condo dues
$850/mo
Chris Bertoch, LCAM

Price history

Date
Event
Price
9/3/2026
Listed for sale
Source: Stellar MLS #O6438577
$229,900
$207/sqft

Neighborhood

400 E Colonial Dr #508
Orlando, FL, 32803 · 32803 - Orlando/Colonial Town

Market insights

Offer Insights

Choose an offer strength

List price: $229,900
$229,900
99.5% – 100% of listTops out right at the list price
80% of listList price
14 of the last 26 condo closings in 32803 landed at this number or higher (54%). The median one sat 35 days before it went under contract, and this one is on day 40.

Sample: 26 closed condo sales in 32803 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$2,259/mo
Principal & interest$1,199
Property taxes$95
Insurance$115
HOA$850
Down payment20% · $45,980
Interest rate6.80%
Loan term

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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

$229,900

$207 per sq ft

Beds and baths

1 beds, 2 baths

Size

1,109 sq ft

Time on market

40 days

Year built

1975

Monthly payment

About $2,259/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,138 annual tax bill, insurance, and $850/mo in condo dues.

Condo dues

$850/mo

Managed by Chris Bertoch, LCAM.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

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Brokered byKELLY PRICE & COMPANY LLCListing agent: Kelly PriceListing data from Stellar MLS, MLS# O6438577.

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