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400 E COLONIAL DRIVE UNIT 1609

Condo/Co-op For Sale
$375,000

BTC: 6.03864734

ETH: 222.85612409

New
2 bds
2 ba
1,189 sqft

Overview

Virtually Staged. This home can be purchased with NO INCOME VERIFICATION needed plus receive 1% back from the seller’s preferred lender! Welcome to effortless Downtown Orlando living in the highly sought-after Park Lake Towers. This inviting residence is highlighted by dramatic oversized, double-sized windows that flood the interior with natural light while framing picturesque views of the surrounding cityscape and tranquil greenery beyond. Whether you're enjoying your morning coffee or unwinding at the end of the day, these expansive windows create a bright and airy atmosphere that truly sets this home apart. Perfectly positioned in the heart of the historic Lake Eola Heights area, this location places you just minutes from everything Downtown Orlando has to offer. Enjoy easy access to the iconic Lake Eola Park, the Orlando Farmers Market, Dr. Phillips Center for the Performing Arts, Kia Center, Thornton Park, and an endless selection of local restaurants, cafés, boutiques, and entertainment venues. Commuters will appreciate the convenient proximity to major roadways including I-4 and SR 408, making travel throughout Central Florida a breeze. Residents of Park Lake Towers enjoy an exceptional array of resort-style amenities designed to elevate everyday living. Take a refreshing dip in the oversized outdoor saltwater pool, maintain your wellness routine in the fully equipped health club, or relax and recharge in the dry sauna and steam room complete with showers. The community also features a spacious social gathering room, ideal for hosting special events, celebrations, and meetings. For added convenience, each unit is assigned one designated parking space. The community allows one vehicle per resident, while additional vehicles may utilize the available guest parking areas. Combining an unbeatable downtown location, outstanding amenities, and captivating views, this residence offers the perfect blend of comfort, convenience, and vibrant city living.

Location

Details

Type:
Residential
Parking:
Assigned
Year Built:
1975
Lot:
0.28 Acres
Heating:
Central
Price/sqft:
$315
Cooling:
Central Air
HOA:
$850

Valuation

Our model vs. what's actually selling nearby.
Estimate
$290,000
$218K – $331K
Confidence Low
List vs. estimate
$85K above estimate
List $375,000 · +29.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$315
+64.5% vs. city median $191
Based on
38 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,349
2025
HOA
$850/mo
24-Hour Guard, Cable TV, Common Area Taxes
View
City
Furnished
Furnished
Pets
Not allowed
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Built-In Oven

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Exhaust Fan

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Assigned

    Property

    • Levels: One

    • Exterior Features: Balcony / Lighting / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 252229667716090

    • Zoning: MXD-2/T

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Cable Connected

    • Electricity Available

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $850

    • HOA Frequency: Monthly

    • Annual tax amount: $5,349

  • Source details

    • MLS ID: G5113508

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Block

    • Laundry Features: Other

    • Direction Faces: East

    • Living Area: 1189

    • Water Source: Public

    • Subdivision Name: PARK LAKE TOWERS

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SERHANT