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$109,000
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Property Description
Investor Opportunity - Turnkey Income-Producing Condo! Don't miss this well-maintained second-floor condo offering immediate rental income with a tenant in place paying $1,460/month through September 2027-providing stable, long-term cash flow from day one. The unit features tile flooring throughout for low maintenance, granite countertops for a modern touch, and a private balcony for added outdoor space. Residents enjoy convenient community amenities including community laundry, boat access, two pools, and a tennis court, enhancing tenant appeal and retention. A true low-maintenance, income-producing investment ready to go!
Full Property Details
Full Property Details for 554 Orange Dr #15
General
- Price: $109,000
- HOA FEE: $475/month
- Taxes: $1,979 (2025)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: O6408724
- Updated: 8/5/2026
- Added to Site: 77 day(s) ago
Rental Information
- Min. Lease: 8-12 Months
Interior
- Number of Rooms: 4
- Interior Features: Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Recreation Facilities
Exterior
- Exterior Features: Garden, Lighting, Playground, Sidewalk
Location
- Area: 32701 - Altamonte Springs East
- County: Seminole
- Development Name: 32701 - Altamonte Springs East
- Subdivision: SANDY COVE
- Driving Directions: From I-4, Turn left onto FL-436 W/S Semoran Blvd, Continue to follow FL-436 W Pass by Steak 'n Shake (on the right in 0.9 mi) 4.0 mi Slight left toward FL-436 E 164 ft Turn right onto FL-436 E Pass by Chick-fil-A (on the left in 1.3 mi) 3.2 mi Turn left toward Jasmine Rd 66 ft Turn right toward Jasmine Rd 312 ft Turn right toward Jasmine Rd, 59 ft Turn left onto Jasmine Rd, 0.2 mi Turn left toward Boston Ave 52 ft Turn right toward Boston Ave, 322 ft Turn left onto Boston Ave0.1 mi Turn right onto Orange Dr184 ft Turn left 72 ft Turn right
- Direction Faces: Southwest
School Information
- Elementary School: Lake Orienta Elementary
- Middle School: Milwee Middle
- High School: Lyman High
Community
- Community Name: 32701 - Altamonte Springs East
- Community Features: Community Boat Ramp, Dock, Fishing, Lake, Water Access, Clubhouse, Community Mailbox, Deed Restrictions, Pool, Sidewalks
- Optional Amenities: Recreation Facilities
- Association: Yes
- Assoc. Name: Katrina White
- Assoc. Fees Include: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities
- Number of Pets: 2
- Pet Restrictions: Verify restrictions with the HOA, / 20lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water District: LAKE ORIENTA
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Structural Information
- Exterior Const.: Block, Stucco, Wood Frame
- Roof: Shingle
- Stories/Levels: Three Or More
- Square Feet: 633
- Sq. Ft. Source: Public Records
- Year Built: 1972
Lot Features
- Property View: Garden
- Street/Road Desc.: Asphalt, Paved
Water Features
- Water Access: Yes
- Water Access Desc: Lake - Chain of Lakes
- Water Extras: Yes
- Water Front Name: LAKE ORIENTA
- Water Front Desc.: Lake
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $475
- Condo Fee Freq: Monthly
- Tax Amount: $1,979
- Tax Year: 2025
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: LOT 15 SANDY COVE CONDO ORB 1310 PG 1344
- Flood Zone Info: X
- APN: 13212952100000150
- Property ID: 13212952100000150
- Block/Lot/Section: 2
Listed by Rp Investment Realty Llc
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Schools
Schools serving 554 Orange Dr #15
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Lake Orienta Elementary School 612 Newport Avenue, Altamonte Springs, FL 32701 | K-5 | 0.8 mi |
Lyman High School 865 South Ronald Reagan Boulevard, Longwood, FL 32750 | 9-12 | 2.5 mi |
Milwee Middle School 1341 S Ronald Reagan Blvd, Longwood, FL 32750 | 6-8 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 554 Orange Dr #15
Date
Details
Price
Change
Source
8/05/2026
Price Reduced
$109,000
-7.63%
MLS
6/17/2026
Price Reduced
$118,000
-5.6%
MLS
6/06/2026
Listed
$125,000
43.68%
MLS
11/16/2020
Sold
$87,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 554 Orange Dr #15
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,979
7%
$124,032
-4%
2024
$1,841
15%
$129,200
11%
2023
$1,598
29%
$116,280
58%
2021
$1,236
-16%
$73,644
-31%
2022
$1,468
19%
$106,590
51%
2021
$1,236
35%
$70,414
31%
2018
$917
9%
$53,618
12%
2017
$840
-21%
$47,804
-17%
2019
$1,067
42%
$57,842
40%
2016
$750
24%
$41,344
19%
2015
$605
7%
$34,884
—
2014
$568
17%
$34,884
35%
2013
$485
—
$25,840
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 554 Orange Dr #15
554 Orange Drive #15, Altamonte Springs, FL 32701 (MLS# O6408724) is a Condo property with 1 bedroom and 1 full bathroom. 554 Orange Drive #15 is currently listed for $109,000 and was received on June 06, 2026. Want to learn more about 554 Orange Drive #15? Do you have questions about finding other Condo real estate for sale in Altamonte Springs? You can browse all Altamonte Springs real estate or contact a Coldwell Banker agent to request more information.

