David Ramirez
$204,950$235,0001 bd1 ba612 sqft$335 /sqft$1,502 /mo all-in ↓

1140 S ORLANDO AVENUE UNIT E2, MAITLAND, FL, 32751

Active69 days on marketListed May 16, 2026MLS #O6404875

Priced 51% below the MAITLAND 32751 medianReduced $30KWaterfrontCondominiumLAKE MAITLAND TERRACE APTS

About this home

1140 S ORLANDO AVENUE UNIT E2

PRICE IMPROVEMENT! Live the lake lifestyle in this beautifully updated 1-bedroom condo located in the iconic mid-century modern community of Lake Maitland Terrace. Completely refreshed in 2025, this first-floor residence features a brand-new HVAC system, new appliances including washer, dryer, and kitchen disposal, updated kitchen countertops, and new flooring throughout the living areas. Freshly painted and thoughtfully enhanced, the home blends timeless mid-century character with modern comfort and style. The spacious bedroom showcases sleek modern concrete flooring, adding to the authentic architectural aesthetic and contemporary feel. Perfectly positioned within a charming two-story mid-rise building, this residence offers effortless access to the community’s exceptional waterfront amenities and relaxed lakefront atmosphere. Set on Lake Maitland—the largest lake on the Winter Park Chain of Lakes—residents enjoy direct lake access for boating, kayaking, canoeing, fishing, and water-skiing. A private community dock is located on-site, while the City of Maitland public boat ramp sits conveniently next door. Boat slips may also be available upon request. The location is truly unbeatable. Just one block from Lake Lily and Fort Maitland Park, and only minutes from Park Avenue, residents can walk to the Maitland Farmers Market, local restaurants, coffee shops, gym, dry cleaning, barber shop, boba tea, and more—all directly across the street. Enjoy easy biking access to Park Avenue for premier shopping, dining, and entertainment. Residents of Lake Maitland Terrace enjoy outstanding amenities including a newer community pool, lakefront clubhouse with breathtaking views available for private events, on-site laundry facilities, free unlimited water, and twice-weekly valet trash service. Experience maintenance-free living where iconic mid-century modern design meets modern updates and an unmatched Central Florida lakefront lifestyle.

Facts & features

The home at a glance

1

Bedrooms

1

Bathrooms

612

Sqft

0.16 ac

Lot size

1971

Year built

One

Levels

$335

Per sqft

WaterfrontTrees/Woods view

Inside

FlooringConcrete · Luxury Vinyl
AppliancesDishwasher · Electric Water Heater · Microwave · Range · Refrigerator
InteriorCeiling Fan(s)
LaundryOutside
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofOther
ConstructionConcrete · Other
FoundationBlock
ViewTrees/Woods
FacesWest
ParkingAssigned · Guest
ExteriorIrrigation System · Lighting · Private Entrance · Sidewalk

Community & fees

Taxes (2025)$539/yr
PetsNo
CommunityDock · Lake · Water Access · Pool · Sidewalks

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Sewer Connected · Street Lights · Underground Utilities
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.

$1,502 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,207
FHA mortgage insurance (est.)$91
Property tax — 2025 actual bill$45
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $7,173Loan30-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% · $7,173
Interest rate6.00%
Loan term

Estimated payment

$1,502/mo

Principal & interest$1,207
FHA mortgage insurance (est.)$91
Property taxes (actual bill)$45
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 $205K
$192KedgeAI estimate $227,830 · range $200K$270K$281K

vs edgeAI estimate

−10%

$/sqft vs Maitland actives

$335 vs $273

Days on market

69 vs 41 typical

Where $335/sqft sits among the 98 Maitland actives

30
27
18 · this home
7
6
10
$157–228$228–299$299–370$370–441$441–512$512+

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 Maitland

Map of 1140 S ORLANDO AVENUE UNIT E2

Drive times from this address

Downtown Orlando11 min
Universal Orlando23 min
Orlando Int’l Airport (MCO)30 min
Walt Disney World35 min

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

Get to know Maitland. See the full Maitland guide →

MAITLAND 32751 — neighborhood snapshot

Population

22,853

Median age

38.7

Median income

$94,277

Median home value

$433,100

Avg household

2.27

Households w/ children

2,397

For the school run

Seminole County School District

ElementaryLake Orienta Elementary School★★★★★
MiddleMilwee Middle School★★★★★
HighLyman High School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Maitland market

Seller’s marketLeans seller4.4 months of inventoryBuyer’s market

$526K$469K

Maitland median sold, yr/yr

96.8%

Sale-to-list ratio (12 mo)

56 of 98

Maitland actives have cut their price

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

This home is listed 51% below the MAITLAND 32751 median. See the full Maitland market guide →

Paper trail

This home's history

CurrentPrice reduced to $204,950 $30K
May 16, 2026Listed at $235,000 · 69 days on market since
1971Built · LAKE MAITLAND TERRACE APTS

Reality check

What actually sold near 1140 S ORLANDO AVENUE UNIT E2

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

1140 S ORLANDO AVENUE UNIT F2Sold · Nov ’25

$240,000

1140 S ORLANDO AVENUE UNIT F2 · same community

2 bd · 1 ba · 816 sqft · $294/sqft · 19 DOM

1140 S ORLANDO AVENUE UNIT A5Sold · Jan ’26

$159,000

1140 S ORLANDO AVENUE UNIT A5 · same community

2 bd · 1 ba · 816 sqft · $195/sqft · 38 DOM

1140 S ORLANDO AVENUE UNIT J2Sold · Sep ’25

$255,000

1140 S ORLANDO AVENUE UNIT J2 · same community

1 bd · 1 ba · 816 sqft · $313/sqft · 0 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 1140 S ORLANDO AVENUE UNIT E2 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1140 S ORLANDO AVENUE UNIT E2 — 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

1140 S ORLANDO AVENUE UNIT E2 FAQs

What would the monthly payment be for 1140 S ORLANDO AVENUE UNIT E2?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,502/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 1140 S ORLANDO AVENUE UNIT E2?+

The most recent tax bill on record (2025) was $539. 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 1140 S ORLANDO AVENUE UNIT E2?+

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 Maitland?+

At $204,950, this home is listed about 64% below the Maitland median of $564,950. The market section on this page shows how the area is trending.

Which schools are assigned to 1140 S ORLANDO AVENUE UNIT E2?+

Lake Orienta Elementary School (elementary), Milwee Middle School (middle), Lyman High School (high) — Seminole County School District. Always verify school assignments with the district before relying on them.

The brief

Three things that matter here

01Under the MAITLAND 32751 market on paper

$204,950 is 51% below the MAITLAND 32751 median of $419,950.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03The price has already moved

Listed at $235,000, now $204,950 — a $30K cut. The full history is in the market section below.

Listing courtesy of METRO CITY REALTY · Beatrice Miranda. MLS #O6404875.

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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