554 ORANGE DRIVE UNIT 15, ALTAMONTE SPRINGS, FL, 32701
Active50 days on marketListed Jun 6, 2026MLS #O6408724
About this home
554 ORANGE DRIVE UNIT 15
Investor Opportunity – Turnkey Income-Producing Condo! Don’t miss this well-maintained second-floor condo offering immediate rental income with a tenant in place paying $1,460/month through September 2027—providing stable, long-term cash flow from day one. The unit features tile flooring throughout for low maintenance, granite countertops for a modern touch, and a private balcony for added outdoor space. Residents enjoy convenient community amenities including community laundry, boat access, two pools, and a tennis court, enhancing tenant appeal and retention. A true low-maintenance, income-producing investment ready to go!
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
633
Sqft
1972
Year built
Three Or More
Levels
$186
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.
$1,072 /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
$1,072/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
+14.2%
$/sqft vs SANDY COVE
$186 vs $214
Days on market
50 vs 36 typical
Where $186/sqft sits among the 8 homes for sale in SANDY COVE
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
Drive times from this address
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
$307K → $288K
Altamonte Springs median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
8 of 8
SANDY COVE have cut their price
Median sold price, Altamonte Springs, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 46% below the Altamonte Springs median. See the full Altamonte Springs market guide →
Paper trail
This home's history
Reality check
What actually sold near 554 ORANGE DRIVE UNIT 15
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$110,000
550 ORANGE DRIVE UNIT 5 · same community
1 bd · 1 ba · 633 sqft · $174/sqft · 117 DOM
Sold · Aug ’25$125,000
582 ORANGE DRIVE UNIT 102 · same community
1 bd · 1 ba · 633 sqft · $197/sqft · 99 DOM
Sold · Aug ’25$95,000
592 ORANGE DRIVE UNIT 140 · same community
1 bd · 1 ba · 633 sqft · $150/sqft · 110 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 554 ORANGE DRIVE UNIT 15 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 554 ORANGE DRIVE UNIT 15 — 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
554 ORANGE DRIVE UNIT 15 FAQs
What would the monthly payment be for 554 ORANGE DRIVE UNIT 15?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,072/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 554 ORANGE DRIVE UNIT 15?+
The most recent tax bill on record (2025) was $1,979. 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 554 ORANGE DRIVE UNIT 15?+
The listing reports pets: Cats OK, Dogs 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 $118,000, this home is listed about 46% below the Altamonte Springs median of $219,000. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the Altamonte Springs market on paper
$118,000 is 46% below the Altamonte Springs median of $219,000, and at $186/sqft it sits under the Altamonte Springs average of $197.
02Garden views
The garden view is part of what you're buying — views hold value independently of the structure.
03The price has already moved
Listed at $125,000, now $118,000 — a $7K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of RP INVESTMENT REALTY LLC · Giovanna D'Alessandro. MLS #O6408724.
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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