David Ramirez
$175,000$179,9992 bd2 ba1,252 sqft$140 /sqft$1,496 /mo all-in ↓

534 ORANGE DRIVE UNIT 27, ALTAMONTE SPRINGS, FL, 32701

Active115 days on marketListed Apr 6, 2026MLS #O6396188

Priced 20% below the Altamonte Springs medianReduced $5KCondominiumROYAL ARMS CONDO

About this home

534 ORANGE DRIVE UNIT 27

LAKE VIEWS, fresh UPDATES, and LOW MAINTENANCE LIVING come together in this well maintained 2-bedroom, 2-bath second-floor condo in the Royal Arms community of Altamonte Springs, overlooking beautiful LAKE ORIENTA! Major updates include a NEW A/C (2026) and UPDATED ELECTRICAL PANEL (2026), plus a newer dishwasher, offering peace of mind for the next owner. The interior delivers TILE & WOOD LAMINATE FLOORING throughout combined with CROWN MOLDING to create a clean, polished look that feels both comfortable and move-in ready. The floor plan offers separate living and dining areas that flow easily into the kitchen, creating a layout that works well for both everyday living and entertaining. Sliding doors from the living room lead to a SCREENED BALCONY complete with LAKE VIEWS – the perfect spot to start the day with coffee or unwind in the evening while enjoying the view. The PRIMARY SUITE also captures beautiful views of Lake Orienta and features its own private balcony, WALK-IN CLOSET, and dedicated en-suite bath, creating a relaxing retreat at the end of the day. The second bedroom sits just across from the second full bath, making it ideal for guests, roommates, or a home office setup. Storage is plentiful throughout the home, and an additional exterior storage closet on the balcony provides space for seasonal items or outdoor gear. The condo also offers the convenience of IN-UNIT LAUNDRY and the added benefit of being a second-floor unit with no neighbors above. Living in Royal Arms means enjoying a truly low-maintenance lifestyle, with HOA fees covering exterior maintenance, grounds care, water, sewer, trash, and more. Residents also have access to an impressive lineup of amenities including multiple community pools and direct access to Lake Orienta. Whether you enjoy boating, fishing, water skiing, or simply relaxing by the water, the community offers a BOAT RAMP and boat/trailer storage, which is a rare find in the Altamonte Springs area. Location is another major highlight – you are just minutes from Altamonte Mall, Uptown Altamonte, and Crane’s Roost Park, with easy access to shopping, dining, hospitals, and entertainment. I-4 is close by, making commuting to Downtown Orlando, Lake Mary, or Winter Park quick and convenient. Whether you are looking for a full-time residence, a lock-and-leave lifestyle, or a lakeside retreat, this Royal Arms condo on Lake Orienta delivers water views, fantastic amenities, and a prime Altamonte Springs location. Call today to schedule a tour!

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,252

Sqft

0.01 ac

Lot size

1972

Year built

One

Levels

$140

Per sqft

Water viewPets allowed

Inside

FlooringLaminate · Tile
AppliancesDishwasher · Disposal · Dryer · Microwave · Range · Refrigerator · Washer
InteriorCrown Molding · Thermostat · Walk-In Closet(s) · Window Treatments
LaundryLaundry Closet
CoolingCentral Air
HeatingCentral

Outside & construction

RoofOther
ConstructionBlock · Stucco
FoundationSlab
ViewWater
FacesWest
ExteriorBalcony · Lighting · Sidewalk · Sliding Doors · Storage

Community & fees

Taxes (2025)$2,740/yr
PetsCats OK, Yes
CommunityCommunity Boat Ramp · Fishing · Lake · Water Access · Waterfront · Clubhouse · Community Mailbox · Pool · Sidewalks

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Connected · Public · Sewer Connected · Water Connected
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$1,496 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,030
FHA mortgage insurance (est.)$77
Property tax — 2025 actual bill$228
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $6,125Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $6,125
Interest rate6.00%
Loan term

Estimated payment

$1,496/mo

Principal & interest$1,030
FHA mortgage insurance (est.)$77
Property taxes (actual bill)$228
Est. insurance$160

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.

List $175K
$166KedgeAI estimate $179,701 · range $173K$192K$200K

vs edgeAI estimate

−2.6%

$/sqft vs ROYAL ARMS CONDO

$140 vs $155

Days on market

115 vs 36 typical

Where $140/sqft sits among the 8 homes for sale in ROYAL ARMS CONDO

2
1
0 · this home
1
2
2
$123–130$130–137$137–144$144–150$150–157$157+

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 Altamonte Springs

Map of 534 ORANGE DRIVE UNIT 27

Drive times from this address

Downtown Orlando16 min
Universal Orlando28 min
Orlando Int’l Airport (MCO)35 min
Walt Disney World40 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Altamonte Springs. See the full Altamonte Springs guide →

The numbers that matter

The Altamonte Springs market

Seller’s marketBalanced5.4 months of inventoryBuyer’s market

$307K$288K

Altamonte Springs median sold, yr/yr

96.7%

Sale-to-list ratio (12 mo)

7 of 8

ROYAL ARMS CONDO have cut their price

Median sold price, Altamonte Springs, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 20% below the Altamonte Springs median. See the full Altamonte Springs market guide →

Paper trail

This home's history

CurrentPrice reduced to $175,000 $5K
Apr 6, 2026Listed at $179,999 · 115 days on market since
1972Built · ROYAL ARMS CONDO

Reality check

What actually sold near 534 ORANGE DRIVE UNIT 27

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

508 ORANGE DRIVE UNIT 11Sold · Feb ’26

$165,000

508 ORANGE DRIVE UNIT 11 · same community

2 bd · 2 ba · 1,252 sqft · $132/sqft · 2 DOM

504 ORANGE DRIVE UNIT 11Sold · Mar ’26

$176,900

504 ORANGE DRIVE UNIT 11 · same community

2 bd · 2 ba · 1,252 sqft · $141/sqft · 90 DOM

514 ORANGE DRIVE UNIT 31Sold · Oct ’25

$180,000

514 ORANGE DRIVE UNIT 31 · same community

2 bd · 2 ba · 1,252 sqft · $144/sqft · 147 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 534 ORANGE DRIVE UNIT 27 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 534 ORANGE DRIVE UNIT 27 — 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.

Goes straight to David’s phone and CRM.

Straight answers

534 ORANGE DRIVE UNIT 27 FAQs

What would the monthly payment be for 534 ORANGE DRIVE UNIT 27?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,496/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 534 ORANGE DRIVE UNIT 27?+

The most recent tax bill on record (2025) was $2,740. 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 534 ORANGE DRIVE UNIT 27?+

The listing reports pets: Cats OK, Yes. 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 Altamonte Springs?+

At $175,000, this home is listed about 20% below the Altamonte Springs median of $219,000. The market section on this page shows how the area is trending.

The brief

Four things that matter here

01Under the Altamonte Springs market on paper

$175,000 is 20% below the Altamonte Springs median of $219,000, and at $140/sqft it sits under the Altamonte Springs average of $197.

02Water views

The water view is part of what you're buying — views hold value independently of the structure.

03Time on market is leverage

115 days on market against a Altamonte Springs median of 36 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $179,999, now $175,000 — a $5K cut. The full history is in the market section below.

Listing courtesy of WEMERT GROUP REALTY LLC · Jenny Wemert. MLS #O6396188.

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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