516 ORANGE DRIVE 20, ALTAMONTE SPRINGS, FL 32701
ROYAL ARMS CONDO · Seminole County
Key Facts
Description
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!
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1972
Stories
3
Living Area
1,108 sq ft
Lot Size
0.01 acres
Ownership
Condominium
Zoning
RES
Days on Market
98
MLS® Listing#
O6390696
Property Features
- Exterior:
- Other, Storage
- Appliances:
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
- Cooling:
- Central Air
- Heating:
- Electric
- Flooring:
- Ceramic Tile, Wood
- Parking:
- None
- Laundry:
- Inside
- Patio:
- Covered, Patio, Porch, Screened
- Construction:
- Stucco, Frame
- Foundation:
- Slab
- Roof:
- Other
- Windows:
- Blinds
- Security:
- Smoke Detector(s)
- Other Structures:
- Storage
- Community:
- Pool, Street Lights
- Utilities:
- Cable Available
- Sewer:
- Public Sewer
- Water Source:
- Public
Rooms
- Kitchen8x12First
- Living Room13x17First
- Master Bedroom13x14First
HOA & Tax
- HOA:
- Royal Arms Condo — $350/Monthly
- Annual Tax:
- $2,131 (2025)
- Parcel #:
- 13-21-29-522-5160-0200
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.
Affordability Calculator
$24,700
Estimated monthly payment
$657/mo
Principal $98,800 · Est. interest $137,835 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in ALTAMONTE SPRINGS, FL
- $359,130
- Median Listing Price
- 89
- Median Days on Market
- 1,627
- Median Sq Ft
- $224
- Median Price / Sq Ft
- 3,494
- Active Listings
- This home’s price is 66% below the area median.
- Its price per sq ft is 50% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in ALTAMONTE SPRINGS, FL.
Location
- 516 ORANGE DRIVE 20, ALTAMONTE SPRINGS, FL 32701
Nearby Schools
Altamonte Kiddie Cottage
School · 0.5 mi away
Kid City USA
School · 0.8 mi away
Lake Orienta Elementary School
Elementary · 0.8 mi away
Altamonte Montessori School
Elementary · 0.8 mi away
Altamonte Christian School
School · 0.9 mi away
St Mary Magdalen Catholic School
Secondary · 1.1 mi away
Teddy Bear Child Care
School · 1.4 mi away
Rosenwald Center
School · 1.4 mi away
Altamonte Elementary School
Elementary · 1.5 mi away
King of Kings Lutheran Church & School
School · 1.6 mi away
Social Bridges
School · 1.6 mi away
Center Academy
School · 1.8 mi away
Lake Sybelia Elementary
Elementary · 1.9 mi away
Orangewood Christian School
Elementary · 2.1 mi away
International Community School
Secondary · 2.1 mi away
Spring Lake Elementary School
Elementary · 2.2 mi away
English Estates Elementary School
Elementary · 2.2 mi away
Milwee Middle School
Secondary · 2.2 mi away
Maitland Montessori School
Elementary · 2.2 mi away
Sanlando Christian School
Elementary · 2.3 mi away
Commute Calculator
Nearby Homes
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Moving Cost Estimate
EXIT Agents in ALTAMONTE SPRINGS
Listing Courtesy: COMPASS FLORIDA LLC - 407-203-9441
Last Updated: 2026-03-13