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!
For sale
Price cut: $9K (8/5)
$109,000
554 ORANGE DRIVE #15, ALTAMONTE SPRINGS, FL 32701
1beds
633sqft
Condominium
Built in 1972
-- sqft lot
$102,300 Zestimate®
$172/sqft
$519/mo HOA
What's special
Private balconyGranite countertopsTile flooring throughout
- 86 days
- 90
- 2
Zillow last checked:
Listing updated:
Listed by:
Giovanna D'Alessandro 609-840-7000,
RP INVESTMENT REALTY LLC 407-283-7133
Source: Stellar MLS,MLS#: O6408724
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 125 Square Feet
- Dimensions: 12.5x10
Dining room
- Level: First
- Area: 120 Square Feet
- Dimensions: 12x10
Kitchen
- Level: First
- Area: 68.25 Square Feet
- Dimensions: 10.5x6.5
Living room
- Level: First
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: None
Features
- Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Thermostat
- Flooring: Ceramic Tile
- Has fireplace: No
Interior area
- Total structure area: 633
- Total interior livable area: 633 sqft
Video & virtual tour
Property
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Garden, Lighting, Playground, Sidewalk
- Has view: Yes
- View description: Garden
- Waterfront features: Lake, Lake Privileges, Boat Port, Fishing Pier, Skiing Allowed
- Body of water: LAKE ORIENTA
Details
- Parcel number: 13212952100000150
- Zoning: R-3
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block, Stucco, Wood Frame
- Foundation: Block, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Community Boat Ramp, Dock, Fishing, Lake, Water Access, Clubhouse, Community Mailbox, Deed Restrictions, Pool, Sidewalks
- Pet fee: $0 monthly
- Subdivision: SANDY COVE
HOA
- Has HOA: Yes
- Amenities included: Recreation Facilities
- Services included: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Recreational Facilities
- HOA fee: $519 monthly
- HOA name: Katrina White
- HOA phone: 407-644-4406
Location
- Region: Altamonte Springs
Financial & listing details
- Price per square foot: $172/sqft
- Annual tax amount: $1,979
- Date on market: 6/6/2026
- Cumulative days on market: 80 days
- Listing terms: Cash,Conventional
- Ownership: Condominium
- Total actual rent: 17520
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
$102,300
$97,000 - $107,000
$1,351/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $109,000-7.6%$172/sqft |
Source: | ||
| 6/17/2026 | Price change | $118,000-5.6%$186/sqft |
Source: | ||
| 6/6/2026 | Listed for sale | $125,000$197/sqft |
Source: | ||
| 8/24/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/14/2023 | Listed for rent | $1,350$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/16/2023 | Listed for rent | $1,350$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32701
Nearby schools
Schools provided by the listing agent
- Elementary: Lake Orienta Elementary
- Middle: Milwee Middle
- High: Lyman High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







