Listing Details for MLS #O6243425
400 E Colonial Drive Unit 301, Orlando, Fl

Residential Property - Condominium in Orlando

Listing Price: $189,900 (Mortgage Calculator →)Days on Market: 15

Description of Property

Located in the established Park Lake Towers high-rise condominium complex, minutes from Downtown Orlando, this 3rd floor, 1 bedroom, 1.5 bath unit is eagerly awaiting a glow-up! Upon taking the elevator up, you’ll enter the apartment where a long hallway welcomes you. The hallway houses a roomy storage closet, perfect for stowing away your bike, extra belongings or using it as added storage for the nearby kitchen. Speaking of the kitchen, by easily removing the corner cabinet you can accommodate a small breakfast table or a mobile island, while the pass-through to the living room makes it easy to engage with and entertain visitors. The living room/dining room combo, with a sliding glass door opening out to your own private balcony, affords loads of natural light to filters into the space. Large windows provide a picturesque view of the inviting and oversized swimming pool & sundeck, and beyond that is the beautiful, historic tree-lined, brick-paved Hillcrest Street. Back inside and off of the main hallway is another sizeable closet and a convenient half-bath. The bedroom with two massive closets and its own full 3-piece bathroom is spacious enough for a King-sized bedroom suite, along with plenty more space to accommodate a sitting or workout area or a home office, while the window provides tons of natural light. With the right improvements and upgrades, this unit would make a great spot for anyone looking to be within close proximity to Downtown Orlando, the Mills 50 District, nearby shopping, dining and entertainment, and area hospitals. It would also make for a fantastic investment opportunity, generating income through a rental (approval required). Through its condo fees, Park Lake Towers offers an array of amenities, including the aforementioned saltwater pool, a fitness center, sauna & steam room, rec center and laundry facilities. The condo fees also cover water, sewer, trash removal, pest-control, basic cable and high-speed internet. Gated and assigned garage parking and 24-hour security offers peace of mind and a carefree lifestyle. Additional concierge services include secure package acceptance, a business center with access to a computer and printer, and a Notary Public. Please note that Park Lake Towers does require approval for all buyers and renters (see MLS attachments/verify with Association). Additionally, pets are not permitted, with the exception of assistance animals as required by law (verify with Association). This unit’s remarkable location, along with all of its included amenities make it a must-see for those hoping to experience luxury living in the heart of Orlando! Schedule a showing today as we do not anticipate it staying on the market long! <div style="padding:56.25% 0 0 0;position:relative;"><iframe src="https://my.matterport.com/show/?m=mQ2Wv5e8381&mls=1" frameborder="0" allow="autoplay; fullscreen" allowfullscreen style="position:absolute;top:0;left:0;width:100%;height:100%;"></iframe></div>The average asking price for a 1 bedroom/1 bath condominium in this Zip code is $254,267. This condominium is listed at about 75% of the average asking price. There are 2 1 bedroom/1 bath homes between $100,000 and $300,000 currently listed for sale in this Zip code. See other listings like this one »