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About this home
531 1st Ave is a 2005-built home in Lavada Court, Altamonte Springs. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,616 square feet of living space. Listed at $403,000 (about $249/sqft), 57 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
**BACK ON MARKET — FINAL IMPROVEMENTS COMPLETE + $5,000 BUYER INCENTIVE!** Temporarily withdrawn to complete final property improvements, this fully renovated Altamonte Springs home is back on the market, refreshed and ready for its next owner. Seller is offering an initial **$5,000 contribution toward buyer closing costs and/or an interest-rate buydown**, subject to lender approval and negotiated terms—giving buyers an opportunity to reduce upfront costs or potentially lower their monthly payment. Why buy a home that still needs updating when the work has already been done? This **2026 FULLY RENOVATED, TURNKEY Contemporary Barn-Style Home** delivers the look and feel of new construction while maintaining the character and convenience of an established Altamonte Springs location. Thoughtfully redesigned with modern finishes, extensive upgrades, and exceptional entertaining spaces, this home offers a distinctive alternative to the typical resale. From the moment you walk in, the difference is evident. An open, light-filled layout is complemented by distinctive designer finishes and carefully selected details throughout, creating a home designed for both everyday living and entertaining. Rustic Mediterranean-inspired flooring adds warmth and character while complementing the home's refined contemporary design. At the center of the home is a chef-inspired kitchen featuring custom 42-inch cabinetry, quartz countertops, open shelving, brand-new stainless-steel appliances, built-in microwave, dedicated coffee bar, and a striking quartz waterfall island designed for gathering and entertaining. The adjoining living area showcases a custom designer TV feature wall, while the spa-inspired bathrooms feature dual vanities, vessel sinks, floor-to-ceiling tiled showers, built-in shelving, and marble-inspired accents. Expansive glass doors bring abundant natural light into the alfresco-style dining area and create an inviting indoor-outdoor atmosphere. A versatile bonus room provides the ideal setting for a home office, gaming room, creative studio, or additional flex space. Entertainment continues with a custom interior wine bar, additional cabinetry, and secondary TV lounge area—providing multiple spaces to host, relax, and enjoy the home. Major improvements include a **NEW ROOF (2025), HVAC (2020), WATER HEATER (2022), extensive 2026 interior and exterior renovations**, plus a modern Eco floating-style partial backyard fence. Conveniently located near Lotus Lake and the Seminole Wekiva Trail, with shopping, dining, healthcare, and entertainment just minutes away. Easy access to I-4, SR 414, SR 434 and SR 436 provides excellent connectivity throughout Central Florida and Downtown Orlando. **Fully renovated. Move-in ready. Buyer incentive available... If you've been waiting for a home where the improvements have already been completed and you can simply move in and enjoy, **531 1st Ave deserves to be at the top of your list. Schedule your private showing today.** *Disclaimer: Some interior images have been virtually staged for illustrative purposes.*
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. 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
$403,000
$249 per sq ft
Beds and baths
3 beds, 2 baths
Size
1,616 sq ft
Time on market
57 days
Year built
2005
Monthly payment
About $2,360/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $682 annual tax bill, insurance.
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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