400 E COLONIAL DRIVE UNIT 1606, ORLANDO, FL, 32803
Active23 days on marketListed Jun 30, 2026MLS #O6421327
About this home
400 E COLONIAL DRIVE UNIT 1606
Virtually Staged. Stunning 16th-Floor Junior Penthouse in Park Lake Towers! Incredible 1-bedroom sky-rise condo with a massive open layout perfect for oversized couches, dining tables, and your dream entertainment setup! This 16th-floor junior penthouse boasts a huge wrap-around balcony off the living room, ideal for soaking up sunshine or enjoying city lights at night. The enormous kitchen is an entertainer’s paradise with a giant center island, endless cabinet space, and beverage fridges. Your private master suite, tucked away in its own wing, features jaw-dropping lake views, a private balcony, a luxurious marble bathroom with a huge shower, and a custom walk-in closet. Other highlights include vinyl plank wood floors, quartz countertops, new appliances, and a new A/C. Plus, 2 garage parking spaces are included! Located in the heart of Mills50, steps from Lake Eola Park and Downtown Orlando’s nightlife, Park Lake Towers offers a fitness center, steam room, sauna, pool, and 24/7 security. More established than other downtown properties with top-tier management and rich Orlando history. Easy access to highways and shopping.
Facts & features
The home at a glance
1
Bedrooms
1.5
Bathrooms
1,988
Sqft
0.28 ac
Lot size
2
Garage
1975
Year built
One
Levels
$236
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.
$3,435 /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
$3,435/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.
Where it sits
Inside Lake Eola Heights
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
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)
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 4% above the ORLANDO 32803 median. See the full Orlando market guide →
Paper trail
This home's history
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 1606 — 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 1606 — 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 1606 FAQs
What would the monthly payment be for 400 E COLONIAL DRIVE UNIT 1606?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,435/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 1606?+
The most recent tax bill on record (2025) was $3,608. 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 1606?+
The listing reports pets: 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 Orlando?+
At $469,900, this home is listed about 20% above 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 1606?+
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.
Listing courtesy of EG ORLANDO LLC · Dylan Berlingieri PA. MLS #O6421327.
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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