$115,000
506 Orange Drive
Altamonte Springs, FL 32701
Listing updated: June 22, 2026 at 6:31 PM ET
Listing courtesy of All County Cfl Property Mgmt · Vicky Ramos · MLS #O6399787 · Active · 407-802-2379Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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!
Local Insight
At $157/sqft for a 1972 condo with a $350 monthly HOA, you're looking at a budget-friendly entry point in an X flood zone (lowest risk), but that per-sqft price and age mean you'll want a thorough inspection—these older complexes often have deferred maintenance and upcoming special assessments that can blindside buyers. The water access and proximity to the SunRail station in the 32701 urban core are legitimate perks if commuting or walkability matter to you, though you're also inheriting a 52-year-old building where major systems replacements could be looming.
AI-generated insight based on listing data and neighborhood context. Verify independently.
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 history67 days on market
- Status: ActiveApr 17, 2026
- Listed$149,000Apr 16, 2026
- Price reduced$115,000
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 67
- Subdivision
- Royal Arms Condo
- County
- Seminole
- Year built
- 1972
- Living area
- 732 sq ft
- Price/sq ft
- $157
- 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
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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
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
| Room | Level | Dimensions |
|---|---|---|
| Dining Room | First | 10x9 |
| Living Room | First | 14x14 |
| Kitchen | First | 11x7 |
| Primary Bedroom | First | 17x14 |
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-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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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 22, 2026 at 6:31 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.
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