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$249,000
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Property Description
PRICE IMPROVEMENT + SELLER-PAID 2-1 INTEREST RATE BUYDOWN OPPORTUNITY! Take advantage of a seller-sponsored rate buydown on this home. Your rate is reduced in the early years making your initial monthly payments more affordable. Now offered at $249,000, this move-in-ready 2-bedroom, 2-bathroom condo in Waterford Landing combines an updated interior, peaceful lake views, and a highly convenient East Orlando location. Located on the second floor and tucked toward the back of the community, this unit offers added privacy and a relaxing view of Lake Rouse from the private patio. No parking lot views here. Inside, you'll find luxury vinyl plank flooring throughout, granite countertops in the kitchen and bathrooms, a full-size washer and dryer, and repiped plumbing for added peace of mind. The condo also features a brand-new 2026 A/C system with a 10-year transferable parts warranty. Waterford Landing is conveniently located near UCF, Research Park, Waterford Lakes Town Center, shopping, dining, and major roadways. The community also offers abundant parking. HOA membership is mandatory; however, there is no application or approval process required. The seller is motivated and is offering a concession toward a 2-1 interest rate buydown with an acceptable offer, subject to buyer and lender eligibility. If you've been looking for an updated East Orlando condo with a lake view and an opportunity to reduce your initial monthly payment, this one deserves a closer look.
Full Property Details
Full Property Details for 2550 N Alafaya Trail #12203
General
- Price: $249,000
- HOA FEE: $364/month
- Taxes: $3,102 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12066307
- Updated: 10/1/2026
- Added to Site: 73 day(s) ago
Interior
- Interior Features: Second Floor Entry, Split Bedroom, Volume Ceilings, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Fireplace
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Exercise Room, Fishing Pier, Pool
- Maint. Includes: All Amenities, Building Exterior, Common Area, Parking, Roof Repairs, Sewer, Trash Removal, Water
- Security/Safety: Fire Alarm, Other, TV Camera
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: Open
Location
- Area: Waterford Landing
- County: Orange County
- Subdivision: Waterford Landing
- Building Name: Waterford Landing Condo
- Driving Directions: N Alafaya Trail just 1/2 mile North E Colonial Drive
Community
- Community Name: Waterford Landing
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 1-4 Stories, Condo
- Detached/Attached: Attached
- Construction: Slab Construction, Wood Siding
- Entry Floor Number: 2
- Building Size: 1007
- Year Built: 1989
Lot Features
- Property View: Garden View, Lake
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake, Pond
Financial Considerations
- Association Fee: $364
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,102
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: WATERFORD LANDING CONDOMINIUM 8684/2101 UNIT 12203 BLDG 12
- Restrictions: No Daily Rentals, Ok To Lease, Okay To Lease 1st Year
- Inclusions: Other
- Property ID: 15-22-31-9110-12-203
Listed by The Keyes Company
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Price & Sales History for 2550 N Alafaya Trail #12203
Date
Details
Price
Change
Source
9/01/2026
Price Reduced
$249,000
-3.86%
MLS
7/29/2026
Listed
$259,000
72.67%
MLS
4/16/2020
Sold
$150,000
—
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 2550 N Alafaya Trail #12203
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,102
5%
$204,400
1%
2024
$2,946
16%
$201,400
14%
2023
$2,533
16%
$176,200
25%
2022
$2,188
15%
$141,000
17%
2021
$1,910
32%
$120,800
14%
2019
$1,447
6%
$105,700
5%
2018
$1,369
12%
$100,700
16%
2017
$1,224
9%
$86,600
13%
2016
$1,125
7%
$76,800
47%
2015
$1,050
7%
$52,237
10%
2014
$984
18%
$47,488
10%
2013
$836
—
$43,171
—
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 2550 N Alafaya Trail #12203
2550 N Alafaya Trail #12203, Orlando, FL 32826 (MLS# A12066307) is a Condo property with 2 bedrooms and 2 full bathrooms. 2550 N Alafaya Trail #12203 is currently listed for $249,000 and was received on July 29, 2026. Want to learn more about 2550 N Alafaya Trail #12203? Do you have questions about finding other Condo real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

