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$469,900
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Property Description
One or more photo(s) has been virtually staged. Stunning 16th-Floor Junior Penthouse in Park Lake Towers! Incredible 1-bedroom sky-rise condo with a massive open layout perfect for oversized couches, dining tables, and your dream entertainment setup! This 16th-floor junior penthouse boasts a huge wrap-around balcony off the living room, ideal for soaking up sunshine or enjoying city lights at night. The enormous kitchen is an entertainer's paradise with a giant center island, endless cabinet space, and beverage fridges. Your private master suite, tucked away in its own wing, features jaw-dropping lake views, a private balcony, a luxurious marble bathroom with a huge shower, and a custom walk-in closet. Other highlights include vinyl plank wood floors, quartz countertops, new appliances, and a new A/C. Plus, 2 garage parking spaces are included! Located in the heart of Mills50, steps from Lake Eola Park and Downtown Orlando's nightlife, Park Lake Towers offers a fitness center, steam room, sauna, pool, and 24/7 security. More established than other downtown properties with top-tier management and rich Orlando history. Easy access to highways and shopping.
Full Property Details
Full Property Details for 400 E Colonial Dr #1607
General
- Price: $469,900
- HOA FEE: $1,730/month
- Taxes: $8,140 (2024)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: O6280165
- Updated: 1/5/2026
- Added to Site: 338 day(s) ago
Rental Information
- Min. Lease: 1-2 Years
Interior
- Number of Rooms: 5
- Interior Features: Solid Wood Cabinets, Stone Counters
- Appliances: Bar Fridge, Dishwasher, Microwave, Range, Range Hood, Refrigerator
- Flooring: Marble, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Other
Additional Information
- Shared Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Recreation Facilities, Sauna, Security, Vehicle Restrictions
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32803 - Orlando/Colonial Town
- County: Orange
- Development Name: 32803 - Orlando/Colonial Town
- Subdivision: PARK LAKE TOWERS
- Driving Directions: From I-4, go East of E. Colonial. Turn right on Broadway, just before building then left on Hillcrest then left into parking lot. Please park in guest space only.
- Direction Faces: North
Community
- Community Name: 32803 - Orlando/Colonial Town
- Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Pool
- Optional Amenities: Clubhouse, Elevator(s), Fitness Center, Laundry, Recreation Facilities, Sauna, Security, Vehicle Restrictio
- Association: Yes
- Assoc. Name: Chris Bertoch
- Assoc. Fees Include: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Security, Sewer, Trash, Water
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Water Connected
Structural Information
- Exterior Const.: Block
- Roof: Concrete
- Stories/Levels: One
- Square Feet: 1,988
- Sq. Ft. Source: Public Records
- Year Built: 1975
Lot Features
- Lot Size (Acres): 0.28
- Lot Size (Sq. Ft.): 12,028
- Lot Size: 12028
- Street/Road Desc.: Paved
Financial Considerations
- Association Fee: $1,730
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Tax Amount: $8,140.6
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: PARK LAKE TOWERS CONDO CB 3/92 UNIT 1606 and PARK LAKE TOWERS CONDO CB 3/92 UNIT 1607
- Flood Zone Info: x
- APN: 252229667716060
- Property ID: 252229667716060
- Block/Lot/Section: 16
Listed by Lpt Realty, Llc
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Schools
Schools serving 400 E Colonial Dr #1607
School District:Orange County School District
| Name | Grades | Distance |
|---|---|---|
Lake Como Elementary School 2450 East Gore Street, Orlando, FL 32806 | PK-8 | 2 mi |
Edgewater High School 3100 Edgewater Drive, Orlando, FL 32804 | 9-12 | 2.3 mi |
Winter Park High School 2100 Summerfield Road, Winter Park, FL 32792 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 400 E Colonial Dr #1607
Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$469,900
-1.07%
MLS
8/04/2025
Price Reduced
$475,000
-16.67%
MLS
7/17/2025
Price Reduced
$570,000
-0.87%
MLS
7/15/2025
Price Increased
$575,000
27.78%
MLS
6/30/2025
Price Reduced
$450,000
-5.26%
MLS
5/28/2025
Price Reduced
$475,000
-2.06%
MLS
5/12/2025
Price Reduced
$485,000
-2.98%
MLS
4/11/2025
Price Reduced
$499,900
-4.78%
MLS
4/07/2025
Price Reduced
$525,000
-4.55%
MLS
3/18/2025
Price Reduced
$550,000
-4.35%
MLS
2/12/2025
Listed
$575,000
—
MLS
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 400 E Colonial Dr #1607
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,862
—
$293,354
10%
2024
$4,862
9%
$266,685
8%
2023
$4,470
7%
$246,100
9%
2021
$4,172
1%
$225,630
—
2022
$4,114
-1%
$225,630
6%
2021
$4,172
16%
$211,945
7%
2019
$3,609
10%
$198,260
13%
2018
$3,282
9%
$175,030
9%
2017
$3,022
9%
$159,965
14%
2016
$2,766
3%
$140,875
11%
2015
$2,676
-2%
$126,927
10%
2014
$2,720
22%
$115,388
10%
2013
$2,238
—
$104,898
—
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 400 E Colonial Dr #1607
400 E Colonial Drive #1607, Orlando, FL 32803 (MLS# O6280165) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 400 E Colonial Drive #1607 is currently listed for $469,900 and was received on February 12, 2025. Want to learn more about 400 E Colonial Drive #1607? 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.

