506 Orange Drive, FL

$125,000

506 Orange Drive

Altamonte Springs, FL 32701

Active
1
Bed
1
Bath
732
Sq Ft
0.01
Acres
1972
Built
Water access$171/sqft360° tour
Condominium

Property type

1972

Year built

435 sqft

Lot size

$171

Price / sq ft

$350/mo

HOA dues

27

Days on market

X

Flood zone

About this home

PRICE IMPROVEMENT!! Great 1st-floor condo in Royal Arms. This 1 bedroom, 1 bathroom unit is a smart option for an investor or first-time buyer looking for value in a convenient location. Inside, you’ll find new interior paint, carpet in the living areas, and laminate flooring in the bedroom and kitchen. The screened porch adds a nice spot to relax and enjoy the outdoors. Royal Arms offers a long list of amenities, including a clubhouse, tennis court, two swimming pools, laundry facility, and boat ramp. The location makes daily life easy. Close to Publix, Altamonte Springs Mall, tons of shopping, restaurants, and with quick access to I-4 for an easy commute. Highlights: 1 bedroom, 1 bathroom 1st-floor unit New interior paint Screened porch Carpet in living areas Laminate flooring in bedroom and kitchen Clubhouse, tennis court, 2 pools, laundry facility, boat ramp Great location near shopping, dining, and I-4 Whether you’re looking for your first home or your next investment property, this condo is full of potential. Come see it today!

Estimated monthly payment

Principal & interest$632
Property taxes$116
Home insurance (est.)$57
HOA dues$350

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 history27 days on market

  1. Status: Active
    Apr 17, 2026
  2. Listed$149,000
    Apr 16, 2026
  3. Price reduced$125,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
27
Subdivision
Royal Arms Condo
County
Seminole
Year built
1972
Living area
732 sq ft
Price/sq ft
$171
Building area
32 sq ft (Public Records)
Lot size
435 sq ft
Flood zone
X (12117C0165F)
Annual taxes
$1,387 (2024)
Parcel #
13-21-29-522-5060-0150
Zoning
R-3
MLS #
O6399787

Interior Details

Bedrooms
1
Full bathrooms
1
Flooring
Carpet, Laminate, Tile
Appliances
Dishwasher, Range, Range Hood, Refrigerator
Interior features
Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s)
Laundry
Common Area, None
Stories / Levels
One
Direction faces
West

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Parking features
Boat, Open

HOA & Financial

HOA fee
$350 / Monthly
Monthly HOA
$350/mo
Total monthly fees
$350/mo
Total annual fees
$4,199
HOA name
Royal Arms Condos
CDD
No
Min lease term
1-2 Years
Listing terms
Cash, Conventional, FHA
Ownership
Condominium
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
Lease registration. Must register vehicle for parking pass and amenities access.
Approval process
Lease registration. Please verify with HOA.

Exterior & Construction

Exterior features
Lighting, Sidewalk, Sliding Doors
Construction materials
Block, Stucco
Roof
Shingle
Foundation
Slab
Water access
Yes
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Water Connected

Community

Pets allowed
Breed Restrictions

Schools

ElementaryCLake Orienta ElementaryGreatSchools ↗
MiddleBMilwee MiddleGreatSchools ↗
High SchoolBLyman HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Dining RoomFirst10x9
Living RoomFirst14x14
KitchenFirst11x7
Primary BedroomFirst17x14

Listing Details

Listing date
2026-04-16
On market date
2026-04-16
Original list price
$149,000
Occupant type
Vacant
MLS area
32701 - Altamonte Springs East
Listing AOR
Orlando Regional
Status changed
2026-04-17
Tax legal description
UNIT 15 BLDG 506 ROYAL ARMS CONDO ORB 1460 PG 1564

Flood risk

Minimal riskFEMA Zone XPanel 12117C0165F

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

Merge onto I-4 E toward Daytona Beach Use the right lane to take exit 92 to merge onto FL-436 E toward Casselberry Continue on FL-436 E. Drive to Orange Dr Merge onto FL-436 E Turn right onto Essex Ave Turn left onto Orange Dr Destination will be on the right

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MLS GRID

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 May 13, 2026 at 2:01 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