400 E COLONIAL DRIVE UNIT 207, ORLANDO, FL, 32803
Active416 days on marketListed May 31, 2025MLS #O6312610
About this home
400 E COLONIAL DRIVE UNIT 207
Experience modern downtown living in this beautifully renovated 2-bedroom, 2-bath corner unit in the highly desirable Park Lake Towers, one of Orlando’s premier high-rise communities. Located on the second floor, this spacious home has been thoughtfully updated to maximize natural light, soundproofing, and open-concept living. Step inside to find engineered waterproof limestone vinyl flooring throughout, a custom Rubbermaid closet system, and charming plantation shutter bifold doors. The gourmet kitchen is a standout, boasting quartz countertops, a natural stone backsplash, and top-of-the-line stainless-steel GE appliances—a dream for any home chef. Both bathrooms feature comfort-height toilets for ease and convenience. As a corner unit, enjoy the luxury of a wraparound balcony with sweeping lake and skyline views. Greet the day with sunrise over the water and unwind in the evening with sunset views from the northern side of your private retreat. Additional upgrades include fiber-optic internet readiness and a new A/C system. Park Lake Towers offers a low-maintenance lifestyle with exceptional amenities and services—all included in the condo fee: Expansive saltwater pool with lounge areas State-of-the-art fitness center with steam room and sauna Utilities: water, sewer, trash, cable, and high-speed internet Pest control and comprehensive building maintenance 24-hour security and assigned garage parking Enjoy unbeatable access to the best of Orlando—just a short stroll to Lake Eola, Thornton Park, and vibrant downtown dining, shopping, and nightlife. Publix and the YMCA are nearby, and quick access to I-4 ensures smooth commuting. This rare corner unit with panoramic views won’t last long. Schedule your private showing today and make Park Lake Towers your new home!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,250
Sqft
0.28 ac
Lot size
1
Garage
1975
Year built
One
Levels
$248
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,288 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,288/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−8.6%
$/sqft vs Orlando actives
$248 vs $240
Days on market
416 vs 34 typical
Where $248/sqft sits among the 400 Orlando actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Eola Heights
Get to know Orlando. See the full Orlando guide →
Lake Eola Heights — neighborhood snapshot
Population
1,986
Median age
36
Median income
$118,988
Median home value
$489,194
Avg household
2
Households w/ children
96%
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $405K
Orlando median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
147 of 400
Orlando actives have cut their price
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 31% below the ORLANDO 32803 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 400 E COLONIAL DRIVE UNIT 207
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$170,000
400 E COLONIAL DRIVE UNIT 1003 · same community
1 bd · 2 ba · 1,109 sqft · $153/sqft · 97 DOM
Sold · Apr ’26$187,500
400 E COLONIAL DRIVE UNIT 910 · same community
1 bd · 1 ba · 799 sqft · $235/sqft · 250 DOM
Sold · Sep ’25$368,000
926 MAYFAIR CIRCLE
3 bd · 1 ba · 1,254 sqft · $293/sqft · 134 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 400 E COLONIAL DRIVE UNIT 207 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 400 E COLONIAL DRIVE UNIT 207 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
400 E COLONIAL DRIVE UNIT 207 FAQs
What would the monthly payment be for 400 E COLONIAL DRIVE UNIT 207?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,288/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 400 E COLONIAL DRIVE UNIT 207?+
The most recent tax bill on record (2024) was $1,988. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 400 E COLONIAL DRIVE UNIT 207?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Orlando?+
At $310,000, this home is listed about 21% below the Orlando median of $390,000. The market section on this page shows how the area is trending.
Which schools are assigned to 400 E COLONIAL DRIVE UNIT 207?+
Hillcrest Elementary (elementary), Lake Como School (elementary), Edgewater High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the ORLANDO 32803 market on paper
$310,000 is 31% below the ORLANDO 32803 median of $450,000, and at $248/sqft it sits under the Orlando average of $264.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Time on market is leverage
416 days on market against a Orlando median of 34 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Hillcrest Elementary, Lake Como School, Edgewater High — Hillcrest Elementary rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of EXP REALTY LLC · Kassandra Lopez, Llc. MLS #O6312610.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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