1407 PARK LAKE STREET, ORLANDO, FL, 32803
Pending36 days on marketListed Jul 10, 2026MLS #O6423341
About this home
1407 PARK LAKE STREET
Excellent location in Colonial Town and only minutes to downtown Orlando, Local Hospitals and Mills Avenue shopping and restaurants. This boutique 2 bedroom unit offers a side patio, additional storage in laundry room and extra parking out front. Main features include oversize Primary Suite with a large walk in closet, European Rain Shower Bathroom and Engineered Bamboo flooring that runs throughout the home. Stainless Steel Appliances with french door refrigerator. One covered parking space in carport
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
850
Sqft
0.19 ac
Lot size
1968
Year built
Multi/Split
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$174 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$174/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Orlando actives
$2 vs $250
Days on market
36 vs 42 typical
Where $2/sqft sits among the 400 Orlando actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside High Grove, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,000/mo median
Live Orlando rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Colonialtown North
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
High Grove is a short-term-rental community. See the full guide →
Colonialtown North — neighborhood snapshot
Population
3,722
Median age
38
Median income
$120,884
Median home value
$430,400
Avg household
2
Households w/ children
354
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $395K
Orlando median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
189 of 400
Orlando actives have cut their price
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 100% below the ORLANDO 32803 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 1407 PARK LAKE STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$615,000
1405 PARK LAKE STREET · same community
4 bd · 2 ba · 1,718 sqft · $358/sqft · 16 DOM
Sold · Sep ’25$231,000
529 S CRYSTAL LAKE DRIVE
2 bd · 1 ba · 840 sqft · $275/sqft · 21 DOM
Sold · Mar ’26$355,000
310 S LAKEWOOD DRIVE
2 bd · 1 ba · 883 sqft · $402/sqft · 7 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Tommy Trainer
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1407 PARK LAKE STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1407 PARK LAKE STREET — before you fall in love.
See it in person
Schedule a tour
Live availability from Tommy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1407 PARK LAKE STREET FAQs
What would the monthly payment be for 1407 PARK LAKE STREET?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $174/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
Can 1407 PARK LAKE STREET be rented short-term?+
Yes — this home sits inside High Grove, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 1407 PARK LAKE STREET?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Orlando?+
At $1,895, this home is listed about 100% below the Orlando median of $385,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1407 PARK LAKE STREET?+
Audubon Park School (elementary), Edgewater High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the ORLANDO 32803 market on paper
$1,895 is 100% below the ORLANDO 32803 median of $475,000, and at $2/sqft it sits under the Orlando average of $263.
02Zoned for nightly rentals
High Grove is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Strong assigned schools
Audubon Park School, Edgewater High — Audubon Park School rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $2,095, now $1,895 — a $200 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY AT THE PARKS · John Forrester. MLS #O6423341.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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