$123,500
516 Orange Drive
Altamonte Springs, FL 32701
Listing updated: June 24, 2026 at 5:50 PM ET
Listing courtesy of Compass Florida Llc · Linda Jokbengboon · MLS #O6390696 · Pending · 407-203-9441Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history98 days on market
- Status: PendingJun 24, 2026
- Listed$125,000Mar 13, 2026
- Price reduced$123,500
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Pending
- Days on market
- 98
- Subdivision
- Royal Arms Condo
- County
- Seminole
- Year built
- 1972
- Living area
- 985 sq ft
- Price/sq ft
- $125
- Building area
- 1,108 sq ft (Public Records)
- Lot size
- 461 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X
- Annual taxes
- $2,131 (2025)
- Parcel #
- 13-21-29-522-5160-0200
- Zoning
- RES
- MLS #
- O6390696
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Flooring
- Ceramic Tile, Wood
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Interior features
- Ceiling Fans(s)
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
Parking
- Parking features
- None
HOA & Financial
- HOA fee
- $350 / Monthly
- Monthly HOA
- $350/mo
- Total monthly fees
- $350/mo
- Total annual fees
- $4,199
- HOA name
- Royal Arms Condo
- CDD
- No
- Min lease term
- 1-2 Years
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- Buyer to independently verify lease restrictions with HOA directly.
- Approval process
- Buyer to independently verify lease restrictions with HOA directly.
Exterior & Construction
- Exterior features
- Other, Sliding Doors, Storage
- Construction materials
- Stucco, Frame
- Roof
- Other
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Public
Community
- Pets allowed
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 8x12 |
| Living Room | First | 13x17 |
| Primary Bedroom | First | 13x14 |
Listing Details
- Listing date
- 2026-03-13
- On market date
- 2026-03-13
- Original list price
- $125,000
- Occupant type
- Vacant
- MLS area
- 32701 - Altamonte Springs East
- Listing AOR
- Orlando Regional
- Status changed
- 2026-06-24
- Tax legal description
- LEG UNIT 20 BLDG 516 ROYAL ARMS CONDO ORB 1460 PG 1564
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-4: Exit 92 (Altamonte Springs, FL-436), Heat EAST on 436, 0.6 mi., Turn right onto Essex Ave, 0.2 mi., Turn left onto Orange Drive, 02.mi Turn right into the main entrance of Royal Arms Condominiums, 325 ft. Building in center, at end of road.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 24, 2026 at 5:50 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA