202 E SOUTH STREET UNIT 4040, ORLANDO, FL, 32801
Active16 days on marketListed Jul 24, 2026MLS #O6425652
About this home
202 E SOUTH STREET UNIT 4040
Welcome to The Grande Downtown Orlando, where urban convenience meets comfortable living. This well-maintained one-bedroom, one-bathroom condominium is located on the fourth floor with ample natural light through the French doors and oversized windows, plus a view. Recent community improvements include updated windows, exterior renovations, and enhanced common areas. The bright, open floor plan offers a functional living and dining area, a spacious bedroom, and a private balcony—perfect for enjoying the downtown atmosphere. The kitchen provides ample cabinet and counter space, while the in-unit laundry adds everyday convenience. Also, includes one assigned parking space in the secured parking garage. Residents of The Grande enjoy gated access, a resort-style community pool, fitness center, and beautifully maintained grounds. Ideally situated in the heart of Downtown Orlando, this home is just steps from the Dr. Phillips Center for the Performing Arts, Lake Eola, Central Business District, Publix, Kia Center, restaurants, nightlife, and entertainment, offering an exceptional walkable lifestyle. Whether you’re a first-time homebuyer, investor, or looking for a low-maintenance downtown residence, this condominium presents an outstanding opportunity to own in one of Orlando’s most convenient locations.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
685
Sqft
1
Garage
2002
Year built
One
Levels
$208
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$1,794 /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
$1,794/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. 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.
vs edgeAI estimate
−15%
$/sqft vs Orlando actives
$208 vs $251
Days on market
16 vs 42 typical
Where $208/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.
Where it sits
Inside Central Business District
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
Central Business District — neighborhood snapshot
Population
5,408
Median age
40
Median income
$101,150
Median home value
$304,150
Avg household
2
Households w/ children
205
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)
178 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 30% below the ORLANDO 32801 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 202 E SOUTH STREET UNIT 4040
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$173,500
202 E SOUTH STREET UNIT 4038
1 bd · 1 ba · 685 sqft · $253/sqft · 41 DOM
Sold · Aug ’25$135,000
206 E SOUTH STREET UNIT 1030
1 bd · 1 ba · 685 sqft · $197/sqft · 167 DOM
Sold · Mar ’26$125,000
304 E SOUTH STREET UNIT 5020
1 bd · 1 ba · 685 sqft · $182/sqft · 330 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
Erwin Vazquez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 202 E SOUTH STREET UNIT 4040 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 202 E SOUTH STREET UNIT 4040 — before you fall in love.
See it in person
Schedule a tour
Live availability from Erwin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
202 E SOUTH STREET UNIT 4040 FAQs
What would the monthly payment be for 202 E SOUTH STREET UNIT 4040?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,794/mo — principal and interest, the actual property-tax bill, the $492/mo association fee 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.
How much are the HOA fees at 202 E SOUTH STREET UNIT 4040?+
The association fee works out to $492 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 202 E SOUTH STREET UNIT 4040?+
The most recent tax bill on record (2025) was $2,877. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 202 E SOUTH STREET UNIT 4040?+
The listing reports pets: Cats OK, Dogs OK, Number Limit, Size Limit, Yes. 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 $142,500, this home is listed about 64% below the Orlando median of $394,900. The market section on this page shows how the area is trending.
Which schools are assigned to 202 E SOUTH STREET UNIT 4040?+
Hillcrest Elementary (elementary), Lake Como School (elementary), Edgewater High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the ORLANDO 32801 market on paper
$142,500 is 30% below the ORLANDO 32801 median of $205,000, and at $208/sqft it sits under the Orlando average of $263.
02City views
The city view is part of what you're buying — views hold value independently of the structure.
03Strong assigned schools
Hillcrest Elementary, Lake Como School, Edgewater High — Hillcrest Elementary rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA ONE REAL ESTATE LLC · Greg Elliott. MLS #O6425652.
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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