$475,000
$100K PRICE DROP

400 E Colonial Dr Unit 1607 Orlando, FL 32803

Lake Eola Heights Neighborhood

Estimated payment $4,889/month

Total Views 7,861
1 Bed
1.5 Baths
1,988 Sq Ft
$239 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Sauna
  • Lake View
  • Marble Flooring
  • Stone Countertops

About This Home

One or more photo(s) has been 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.

Listing Agent

Dylan Berlingieri PA

LPT REALTY, LLC Brokerage Phone: 877-366-2213 License #3287521 Listed on: 02/12/2025

LPT REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,141

Year Built

  • Built in 1975

HOA Fees

  • $1,730 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 15th floor
  • Slab Foundation
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 1,988 Sq Ft Home
  • Bar Fridge
  • Living Room
  • Lake Views

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Marble
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • Balcony
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance, management, pest control, recreational facilities, security, sewer, trash, water
  • Chris Bertoch Association, Phone Number (407) 425-4277
  • Visit Association Website
  • Park Lake Towers Subdivision
  • The community has rules related to vehicle restrictions
  • 17-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Laundry Facilities
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,141

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,730 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Pest Control, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1988
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2100
  • Lot Size Sq Ft: 12028
  • Status: Active
  • Street Direction: E
  • Ownership: Condominium
  • Building Area Total Srch Sq M: 195.10
  • Escrow City: Altamonte Springs
  • Escrow State: FL
  • Escrow Street Name: S Westmonte Drive #2040
  • Floor Number: 15+
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 238.93
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 877-366-2213
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Marble, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Solid Wood Cabinets, Stone Counters
  • Appliances Included: Bar Fridge, Dishwasher, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 17
  • Living Area Meters: 184.69

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Pool
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Recreation Facilities, Sauna, Security, Vehicle Restrictions
  • Association Fee: 1730
  • Association Fee Frequency: Monthly
  • Association Name: Chris Bertoch
  • Phone: 407-425-4277
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Association Email: parklaketowers@gmail.com
  • Association URL: www.pltowers.com

Fee Information

  • Total Annual Fees: 20760.00
  • Total Monthly Fees: 1730.00
  • Monthly HOA Amount: 1730.00

Lot Info

  • Zoning: MXD-2/T
  • Parcel Number: 25-22-29-6677-16-060
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: No
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 8140.6
  • Tax Block: 16
  • Tax Book Number: 3-92
  • Tax Lot: 60

Multi Family

  • Approval Process: Contact HOA for questions.

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,278 $171,400 -- $171,400
2024 $2,910 $179,170 -- $179,170
2023 $2,910 $165,370 $33,074 $132,296
2022 $2,605 $142,370 $28,474 $113,896
2021 $2,647 $142,370 $28,474 $113,896
2020 $2,517 $142,370 $28,474 $113,896
2019 $2,447 $133,285 $26,657 $106,628
2018 $2,206 $114,885 $22,977 $91,908
2017 $2,105 $114,885 $22,977 $91,908
2016 $1,877 $94,645 $18,929 $75,716
2015 $1,823 $94,645 $18,929 $75,716
2014 $1,715 $89,815 $17,963 $71,852
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2025 08/02/25 Price Changed $475,000 0.0% $239 / Sq Ft
08/02/2025 08/02/25 For Sale $475,000 -16.7% $239 / Sq Ft
07/18/2025 07/18/25 Off Market $570,000 -- --
07/17/2025 07/17/25 Price Changed $570,000 -0.9% $287 / Sq Ft
07/15/2025 07/15/25 Price Changed $575,000 +27.8% $289 / Sq Ft
06/30/2025 06/30/25 Price Changed $450,000 -5.3% $226 / Sq Ft
05/28/2025 05/28/25 Price Changed $475,000 -2.1% $239 / Sq Ft
05/12/2025 05/12/25 Price Changed $485,000 -3.0% $244 / Sq Ft
04/11/2025 04/11/25 Price Changed $499,900 -4.8% $251 / Sq Ft
04/07/2025 04/07/25 Price Changed $525,000 -4.5% $264 / Sq Ft
03/18/2025 03/18/25 Price Changed $550,000 -4.3% $277 / Sq Ft
02/12/2025 02/12/25 For Sale $575,000 -- $289 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Certificate Of Transfer $300,100 --
Certificate Of Transfer $300 --
Warranty Deed $73,000 --
Warranty Deed $100 --
Warranty Deed -- --
Source: Public Records

Source: Stellar MLS

MLS Number: O6280165

Stellar MLS

APN: 25-2229-6677-16-060