David Ramirez
$239,9002 bd2 ba1,109 sqft$216 /sqft$1,972 /mo all-in ↓

400 E COLONIAL DRIVE UNIT 608, ORLANDO, FL, 32803

Active10 days on marketListed Jul 13, 2026MLS #O6424783

Priced 47% below the ORLANDO 32803 medianCondominiumPARK LAKE TOWERS

About this home

400 E COLONIAL DRIVE UNIT 608

Welcome Home to Park Lake Towers! This beautifully maintained 6th-floor 2BR/2BA condo sits in the heart of Downtown Orlando’s Mills 50 District. Freshly painted, move-in ready, and thoughtfully laid out — two spacious bedrooms, two full baths, a well-equipped kitchen, and one assigned parking space. Community amenities include 24-hour security, fitness center, sauna, recreation center, and community pool. HOA covers cable, internet (500/400 Mbps), water, sewer, pest control, and exterior maintenance — you only pay electric (avg. $120/mo). Just minutes from Lake Eola’s trails and green space, plus Downtown Orlando’s best dining, shopping, and entertainment. Don’t miss this opportunity — schedule your showing today!

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,109

Sqft

0.28 ac

Lot size

1

Garage

1975

Year built

One

Levels

$216

Per sqft

Inside

FlooringCeramic Tile · Laminate
AppliancesDisposal
InteriorLiving Room/Dining Room Combo · Split Bedroom · Thermostat · Walk-In Closet(s) · Window Treatments
LaundrySame Floor As Condo Unit
CoolingCentral Air
HeatingElectric

Outside & construction

RoofOther
ConstructionBlock · Concrete · Stucco
FoundationSlab
FacesEast
ParkingAssigned · Covered
ExteriorSidewalk

Community & fees

Taxes (2025)$3,519/yr
PetsNo
CommunityBuyer Approval Required · Community Mailbox · Deed Restrictions · Fitness Center · Pool · Sidewalks

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Connected · Sewer Connected · Street Lights · Underground Utilities · 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.

$1,972 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,412
FHA mortgage insurance (est.)$106
Property tax — 2025 actual bill$293
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $8,397Loan30-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% · $8,397
Interest rate6.00%
Loan term

Estimated payment

$1,972/mo

Principal & interest$1,412
FHA mortgage insurance (est.)$106
Property taxes (actual bill)$293
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 $240K
$230KedgeAI estimate $299,004 · range $284K$330K$343K

vs edgeAI estimate

−19.8%

$/sqft vs Orlando actives

$216 vs $239

Days on market

10 vs 34 typical

Where $216/sqft sits among the 400 Orlando actives

114
125 · this home
98
29
7
27
$135–199$199–262$262–326$326–389$389–453$453+

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

Map of 400 E COLONIAL DRIVE UNIT 608 inside its neighborhood boundary

Drive times from this address

Downtown Orlando4 min
Universal Orlando17 min
Orlando Int’l Airport (MCO)24 min
Walt Disney World29 min

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

ElementaryHillcrest Elementary★★★★★
ElementaryLake Como School★★★★★
HighEdgewater High★★★★★

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

The numbers that matter

The Orlando market

Seller’s marketBalanced5.7 months of inventoryBuyer’s 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 47% below the ORLANDO 32803 median. See the full Orlando market guide →

Paper trail

This home's history

Jul 13, 2026Listed at $239,900 · 10 days on market since
1975Built · PARK LAKE TOWERS

Reality check

What actually sold near 400 E COLONIAL DRIVE UNIT 608

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

400 E COLONIAL DRIVE UNIT 1003Sold · Sep ’25

$170,000

400 E COLONIAL DRIVE UNIT 1003 · same community

1 bd · 2 ba · 1,109 sqft · $153/sqft · 97 DOM

400 E COLONIAL DRIVE UNIT 910Sold · Apr ’26

$187,500

400 E COLONIAL DRIVE UNIT 910 · same community

1 bd · 1 ba · 799 sqft · $235/sqft · 250 DOM

204 E SOUTH STREET UNIT 6058Sold · Apr ’26

$194,000

204 E SOUTH STREET UNIT 6058

2 bd · 2 ba · 1,115 sqft · $174/sqft · 30 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 400 E COLONIAL DRIVE UNIT 608 — start here.

Andrew Acosta

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 608 — 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

400 E COLONIAL DRIVE UNIT 608 FAQs

What would the monthly payment be for 400 E COLONIAL DRIVE UNIT 608?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,972/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 608?+

The most recent tax bill on record (2025) was $3,519. 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 608?+

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 $239,900, this home is listed about 38% 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 608?+

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 WATSON REALTY CORP · Virginia Bellhorn. MLS #O6424783.

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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