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$229,900
Active
400 E COLONIAL DRIVE Unit 508
ORLANDO, FL 32803 — PARK LAKE TOWERS
1 Beds
2 Baths
1,109 sqft
0.28 acres
Built 1975
About This Property
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.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Condominium
- MLS Number
- O6438577
- Year Built
- 1975
- Levels
- One
- Floor Number
- 5
- Additional Rooms
- Formal Dining Room Separate
- Direction Faces
- North
- Occupant Type
- Vacant
Size & Structure
- Living Area
- 1,109 sqft
- Total Area
- 1,109 sqft
- Lot Size
- 0.28 acres
- Lot Sq Ft
- 12,046 sqft
- Bedrooms
- 1
- Full Baths
- 2
- Stories
- 18
Interior
- Flooring
- Carpet, Tile
- Appliances
- Dishwasher, Disposal, Range, Range Hood, Refrigerator
- Interior Features
- Open Floorplan, Thermostat, Walk-In Closet(s), Window Treatments
- Laundry
- Common Area
- Windows
- Shades
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Central, Electric
Exterior & Lot
- Exterior Features
- Balcony
- Construction
- Block, Stucco
- Roof
- Other
- Foundation
- Other
- View
- City
Water & Pool
Community & HOA
- HOA
- Yes
- HOA Fee
- $0/Monthly
- HOA Amenities
- Cable TV, Elevators, Fitness Center, Laundry, Pool
- Condo Fees
- $850/Monthly
- Community Features
- Buyer Approval Required, Community Mailbox, Fitness Center, Pool
- Pets Allowed
- No
- Homestead
- Yes
Utilities & Systems
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Connected
- Cooling
- Central Air
- Heating
- Central, Electric
- Flood Zone
- X
Financial
- List Price
- $229,900
- Annual Taxes
- $1,138
- Tax Year
- 2025
- Special Conditions
- None
Schools
- Elementary
- Lake Como Elem
- High School
- Edgewater High