518 ORANGE DRIVE UNIT 11, ALTAMONTE SPRINGS, FL, 32701
Active56 days on marketListed Aug 21, 2026MLS #O6435559
About this home
518 ORANGE DRIVE UNIT 11
Welcome to Royal Arms Condominiums in the heart of Altamonte Springs! This spacious 2-bedroom, 2-bathroom condo offers approximately 1,002 square feet of comfortable living space with a functional layout and plenty of natural light. Freshly painted throughout with brand-new luxury vinyl plank (LVP) flooring in both bedrooms, this home feels fresh and move-in ready. The open living and dining area provides plenty of space for relaxing or entertaining, while both bedrooms are generously sized for comfortable everyday living. One of the highlights of this unit is its convenient location close to the community pool, making it easy to enjoy the Florida sunshine and community amenities. Royal Arms also offers a peaceful waterfront setting along Lake Orienta. Enjoy a convenient Altamonte Springs location just minutes from Cranes Roost Park, Altamonte Mall, Uptown Altamonte, AdventHealth, shopping, dining, and entertainment, with easy access to I-4 and major roadways for commuting throughout Central Florida. Fresh, updated, and ready for its next resident. Schedule your showing today!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,002
Sqft
0.01 ac
Lot size
1972
Year built
One
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.
$172 /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
$172/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 ROYAL ARMS CONDO
$2 vs $128
Days on market
56 vs 69 typical
Where $2/sqft sits among the 7 homes for sale in ROYAL ARMS CONDO
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 Altamonte Springs
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Altamonte Springs. See the full Altamonte Springs guide →
ALTAMONTE SPRINGS 32701 — neighborhood snapshot
Population
24,866
Median age
38.4
Median income
$62,008
Median home value
$258,100
Avg household
2.2
Households w/ children
2,623
For the school run
Seminole County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Altamonte Springs market
$313K → $325K
Altamonte Springs median sold, yr/yr
96.7%
Sale-to-list ratio (12 mo)
6 of 7
ROYAL ARMS CONDO have cut their price
Median sold price, Altamonte Springs, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 99% below the ALTAMONTE SPRINGS 32701 median. See the full Altamonte Springs market guide →
Paper trail
This home's history
Reality check
What actually sold near 518 ORANGE DRIVE UNIT 11
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$155,000
512 ORANGE DRIVE UNIT 33 · same community
2 bd · 2 ba · 1,002 sqft · $155/sqft · 2 DOM
Sold · Mar ’26$165,000
530 ORANGE DRIVE UNIT 11 · same community
2 bd · 2 ba · 1,002 sqft · $165/sqft · 21 DOM
Sold · Jul ’26$105,000
516 ORANGE DRIVE UNIT 20 · same community
1 bd · 1 ba · 985 sqft · $107/sqft · 98 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
Pedro Ribeiro Gloria
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 518 ORANGE DRIVE UNIT 11 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 518 ORANGE DRIVE UNIT 11 — before you fall in love.
See it in person
Schedule a tour
Live availability from Pedro's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
518 ORANGE DRIVE UNIT 11 FAQs
What would the monthly payment be for 518 ORANGE DRIVE UNIT 11?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $172/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.
Are pets allowed at 518 ORANGE DRIVE UNIT 11?+
The listing reports pets: Breed Restrictions. 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 Altamonte Springs?+
At $1,600, this home is listed about 99% below the Altamonte Springs median of $199,000. The market section on this page shows how the area is trending.
Which schools are assigned to 518 ORANGE DRIVE UNIT 11?+
Lake Orienta Elementary School (elementary), Milwee Middle School (middle), Lyman High School (high) — Seminole County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the ALTAMONTE SPRINGS 32701 market on paper
$1,600 is 99% below the ALTAMONTE SPRINGS 32701 median of $150,000, and at $2/sqft it sits under the Altamonte Springs average of $187.
02Pool views
The pool view is part of what you're buying — views hold value independently of the structure.
03The price has already moved
Listed at $1,700, now $1,600 — a $100 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MARKET CONNECT REALTY LLC · Lucy Yip. MLS #O6435559.
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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