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516 ORANGE DRIVE UNIT 20

Condo/Co-op Active With Contract
$123,500

BTC: 2.08614865

ETH: 77.44451900

-$2K (2026/05/12)
98 days
1 bds
1 ba
985 sqft

Overview

Under contract-accepting backup offers. Priced to sell, this spacious 1-bedroom condo in Altamonte Springs offers nearly 1,000 square feet of living space in a waterfront community on Lake Orienta. Perfect for investors, cash buyers, or buyers ready to renovate and build equity, this 985 sq ft condo features a large living and dining area, generously sized bedroom, and a screened-in patio for relaxing outdoor space. While the unit does need updating, the floor plan and size provide an excellent foundation for someone looking to customize and add value. Located in a quiet lakefront community with a pool and beautifully maintained grounds, residents enjoy the peaceful setting while still being just minutes from Cranes Roost shopping, dining, hospitals and major roadways. Opportunities at this price point with this much space and a Lake Orienta location are rare. Schedule your appt today!

Location

Details

Type:
Residential
Parking:
None
Year Built:
1972
Lot:
0.01 Acres
Heating:
Electric
Price/sqft:
$125
Cooling:
Central Air
HOA:
$350

Valuation

Our model vs. what's actually selling nearby.
Estimate
$149,900
$134K – $175K
Confidence Low
List vs. estimate
$26K below estimate
List $123,500 · -17.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$125
-24.0% vs. city median $164
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,131
2025
HOA
$349/mo
Insurance, Maintenance Structure, Maintenance Grounds
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Hardwood

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • None

    Property

    • Levels: One

    • Exterior Features: Irrigation System / Other / Sliding Doors / Storage

    Lot

    • Lot: 0.01 Acres

    Other Property Information

    • Parcel Number: 13212952251600200

    • Zoning: RES

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Public

    • Street Lights

  • Other financial information

    • HOA: $350

    • HOA Frequency: Monthly

    • Annual tax amount: $2,131

  • Source details

    • MLS ID: O6390696

    Other facts

    • Construction Materials: Stucco / Wood Frame

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: City Lot / Sidewalk

    • Patio And Porch Features: Covered / Patio / Porch / Screened

    • Window Features: Blinds

    • Direction Faces: North

    • Other Structures: Storage

    • Living Area: 985

    • Water Source: Public

    • Subdivision Name: ROYAL ARMS CONDO

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: COMPASS FLORIDA LLC