Orlando Homes under $500,000

Orlando Homes under $500,000

Welcome to Orlando, Florida – a vibrant city known for its enchanting theme parks, sunny weather, and a diverse cultural scene. Nestled in Orange County, Orlando is not just a playground for tourists; it's a thriving community that offers a perfect blend of excitement and tranquility for residents. With a population of over 300,000, this city is a melting pot of cultures, making it an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of living in Orlando is the accessibility to a range of homes under $500,000. Whether you’re searching for a cozy single-family home, a modern townhouse, or a charming condo, Orlando has something to suit every taste and budget. These affordable options provide an incredible opportunity for first-time homebuyers or those looking to invest in a growing market.

In addition to the attractive real estate prices, Orlando boasts a range of amenities, including top-rated schools, lush parks, and a bustling downtown area filled with shopping, dining, and entertainment options. The city is also known for its proximity to world-class attractions like Walt Disney World, Universal Studios, and beautiful natural springs, offering residents endless opportunities for adventure and leisure.

Living in Orlando means enjoying a vibrant lifestyle while still being able to find a home that fits your budget. Discover the charm of this dynamic city and explore the affordable housing options that make it a fantastic place to call home. Embrace the magic of Orlando, where your dream home awaits!

Newest Orlando Homes under $500,000

151 E Washington Street Unit 5A, Orlando
$350,000
1 Beds ⋅ 1 Baths ⋅ Metropolitan/Lk Eola SubDv. ⋅ 32801 Zip Code
Experience downtown Orlando living at 151 E Washington Street, Unit 5A, a beautifully remodeled penthouse offering sweeping views of Lake Eola and the city skyline. This residence features updated flooring, modern lighting, custom accent walls, and upgraded cabinetry throughout. The kitchen offers updated appliances, while the renovated bathroom features contemporary floating vanities. Additional highlights include plush bedroom carpeting, electronic blinds, built-in storage, and two parking spaces conveniently located near the elevator. Enjoy panoramic lake and skyline views with Lake Eola Park, dining, shopping, and entertainment just steps away. Combining modern finishes with a prime downtown location, this penthouse offers an exceptional opportunity to enjoy urban living. Furniture is negotiable. Schedule your private showing today!

151 E Washington Street Unit 5A, Orlando
530 E Central Boulevard Unit 203, Orlando
$249,900
2 Beds ⋅ 2 Baths ⋅ 530 East Central Condo SubDv. ⋅ 32801 Zip Code
A RARE TERRACE RESIDENCE IN THE HEART OF DOWNTOWN ORLANDO! Discover an exceptional opportunity to own a spacious two-bedroom, two-bathroom condominium at the iconic 530 East Central, one of Downtown Orlando's original luxury residential high-rises. Perfectly positioned along beautiful Lake Eola Park, this distinctive residence offers something increasingly difficult to find in today's high-rise market: an expansive private outdoor terrace that extends your living space well beyond the interior walls. THE TERRACE IS THE SHOWSTOPPER! Whether you envision an outdoor dining retreat, a sophisticated lounge setting, a private garden oasis, or simply a peaceful escape from the energy of Downtown Orlando, this extraordinary outdoor space offers endless possibilities. Enjoy the freedom of condominium living without sacrificing the outdoor lifestyle typically reserved for single-family homes. Built in 1987, 530 East Central helped pioneer the transformation of Downtown Orlando into the vibrant urban residential destination it is today. Recognized as a contemporary classic, this established high-rise combines timeless architecture, generously proportioned floor plans, and a premier Lake Eola location. Decades of owner involvement and continued attention to the property have helped preserve its distinctive character and enduring appeal. Residents enjoy an impressive collection of amenities, including a fitness center overlooking the beautifully landscaped pool and hot tub deck, creating an inviting environment for recreation and relaxation. The building's established residential atmosphere and exceptional location distinguish it from the newer generation of Downtown Orlando towers. LOCATION. LIFESTYLE. WALKABILITY. Step outside and experience everything that makes Downtown Orlando extraordinary. Lake Eola Park, the Sunday Farmers Market, Thornton Park's neighborhood restaurants and cafés, Publix, entertainment, cultural attractions, and the Central Business District are all conveniently nearby. Enjoy morning walks around the lake, evenings dining outdoors, and the convenience of having the best of Orlando just beyond your doorstep. TWO BEDROOMS. TWO BATHROOMS. ONE EXTRAORDINARY TERRACE. Unit 203 offers a compelling combination of spacious condominium living, exceptional private outdoor space, and the character of one of Downtown Orlando's most established residential addresses. Experience the timeless appeal of 530 East Central and discover why location, generous living spaces, and extraordinary outdoor terraces never go out of style. Schedule your private showing today!

530 E Central Boulevard Unit 203, Orlando
101 S Eola Drive Unit 709, Orlando
$259,900
1 Beds ⋅ 2 Baths ⋅ 101 Eola Condos SubDv. ⋅ 32801 Zip Code
Virtually Staged. Virtually staged. Note: one or more photos has been virtually staged. One of the more beautiful units in the entire building. Remodeled in 2022 with granite tops, new solid wood cabinets with gold hardware, matching gold faucet, large oversized pantry, spotless stainless steel appliances (like new), and a great room with ceiling to floor windows. Over 10K worth of custom, heat resistant drapes from the Shade Store in Winter Park adorn the ceiling to floor windows in the great room & primary suite. As part of the remodel, the old-fashioned & original 2 tier countertop was removed & a large, flat countertop has taken its place, adding a huge surface area, as well as functionality & beauty to the kitchen & dining area. The east facing balcony provides the perfect setting for your morning cup of coffee with an inviting sunrise. A gorgeous view of trees and landscaping as it overlooks the amazing lap pool just 20' below your patio. A spacious size primary suite (bring your king sized bed!) is also east facing with morning sunrise views & total privacy (no parking decks or apartments to spoil your view from either room). Watch the launches from the Cape from either room as well. Just breathtaking!! The oversized primary bath offers double vanities with granite tops, a shower-tub combination with lovely custom glass slider doors. A walk-in closet completes this amazing retreat. A washer/dryer combo is included and the den/office is both functional and the perfect complement to someone needing a home office or someone who works at home and wants to close the door and leave the office behind at the end of the day. A guest bath, located just off of the entry foyer is the perfect accessory for your guests. If you are into swimming, simply make your way to the gorgeous lap pool located on the 5th floor. Relax in the inviting spa! The pool and spa underwent a complete renovation throughout the course of 2023-2025 and is open and ready for your daily swim. Relax in the inviting spa.Generous lawn chairs provide priceless afternoons of sunning and relaxation. Ready to work out? 101 offers one of the most complete and well-appointed fitness centers in all of downtown Orlando. Equipment galore and open 24 hours a day for your workout pleasure. Prefer to relax with friends and play billiards? Make your way to the enormous Clubhouse with a pool table, large comfy sofas, 2 60" televisions and ample seating for all of your friends! Walk 1 block to Lake Eola for daily excursions and the popular Sunday Farmers Market. Do you have pets? Just a couple blocks south is the dog park, the exercise retreat for your best friend:) You will never go hungry in your new condo - 101 is connected to R U Steak and the Broken Cage and across the street from the Stubborn Mule, a real downtown hotspot. Want a cup of coffee? Starbucks and Bynx are just a block away. Other restaurants and eateries close by include: Eola Lounge, Anthonys Italian Pizza, JINYA Ramen Bar, Osteria Esther, June, Shakai Sushi Lounge, World of Beer, F & D Cantina, Metro Expresso Pizza, Evergreen Juice Bar & Toast, Sparrow Wine and Bar, Cavo's Bar and Kitchen - just to name a few! Rather eat-in? Publix is a block away. Want to take in a movie afterwards? The Plaza Movie Theater is 5 blocks west. Prefer cultural events? The Dr. Phillips Performing Art Center is also 5 blocks west across from City Hall. This one owner treasure has been meticulously cared for and ready for its new owner. Come see today!

101 S Eola Drive Unit 709, Orlando
151 E Washington Street Unit 327, Orlando
$165,000
1 Beds ⋅ 1 Baths ⋅ Metropolitan/Lk Eola SubDv. ⋅ 32801 Zip Code
Amazing Location! Nestled in the vibrant downtown area of Orlando, this spacious 1/1 condominium has a Lake Eola view, as it sits directly across from it. Real wood floors flow throughout the kitchen, living room and solarium spaces. The kitchen has been modernized with a granite breakfast bar, and stainless steel appliances. The primary bedroom boasts ample closet space which also accommodates a single washer/dryer, a sitting area, and an updated bathroom. Residents of the Metropolitan at Lake Eola benefit from a variety of amenities, including a renovated swimming pool, fitness center, clubhouse, mail room with Amazon hub and laundry facilities. Condo fees include Reserves Funding, OUC Chilled Water for Air Conditioning, Hot/Cold Water, trash and sewer. Enjoy the ease of downtown living with convenient access to Publix, a variety of restaurants and bars, the Farmer's Market, Dr. Phillips Center, Amway Center, and much more. Moreover, Lake Eola Park is set for a $60 million dollar renovation, with planned improvements featuring a relocated swan boat marina, an expanded amphitheater seating area with a new canopy, new restrooms with integrated outdoor concession stands, and wider sidewalks. Seize this excellent opportunity to invest or call Downtown Orlando your home! Schedule your private viewing today!

151 E Washington Street Unit 327, Orlando
101 S Eola Drive Unit 905, Orlando
$229,000
1 Beds ⋅ 1 Baths ⋅ 101 Eola Condos SubDv. ⋅ 32801 Zip Code
Welcome home to 101 Eola, located in the heart of Thornton Park. This beautifully maintained 1-bed, 1-bath condo offers a rare downtown feature: 2 assigned gated garage parking spaces. Recent updates add meaningful value and peace of mind: new HVAC (December 2025), new water heater (2023), new stainless steel appliances (2024), bathroom refresh (2024), and programmable electronic blinds (2023). Residents and guests of 101 Eola enjoy exclusive access to luxury amenities including newly renovated resort style salt water pool and spa, updated fitness center, resident lounge perfect for entertaining, 24/7 concierge and so much more! Call Today To Schedule Your Private Showing and Experience What 101 Eola and Downtown Living Has To Offer.

101 S Eola Drive Unit 905, Orlando
860 N Orange Avenue Unit 328, Orlando
$249,900
2 Beds ⋅ 2 Baths ⋅ Park North At Cheney Place Condo SubDv. ⋅ 32801 Zip Code
Welcome to Park North at Cheney Place Condominiums, located in the heart of The City Beautiful, Downtown Orlando! This charming and well-maintained 2-bedroom, 2-bathroom offers 1,070 square feet of comfortable living space and features a desirable split-bedroom floor plan. Located on the third floor, the unit showcases luxury vinyl plank and porcelain flooring. The spacious kitchen offers abundant cabinet storage, a pantry closet, and a built-in desk area that can easily serve as a coffee station, dry bar, or home workspace. The living room is perfect for relaxing or entertaining and features custom built-in shelving. The condo features two very spacious bedrooms, each thoughtfully positioned on opposite sides of the unit for added privacy. Both bedrooms include generously sized walk-in closets, providing ample storage space and comfort. Step outside onto your private balcony and enjoy peaceful views of the pool area while sipping your morning coffee or unwinding with a glass of wine in the evening. Residents of Park North at Cheney Place enjoy an impressive selection of amenities, including: two swimming pools, two fenced pet exercise areas, fully equipped fitness center with cardio and strength-training equipment, conference room, community room with a pool table. The unit includes one deeded parking space in the parking garage, with additional spaces available for rent. Water, sewer, and trash services are included in the monthly HOA fee. Conveniently located near I-4, SR 408, SunRail, dining, shopping, entertainment, and all that Downtown Orlando has to offer, this condo provides the perfect blend of comfort, convenience, and urban living. Schedule your private showing today! Hablo Español.

860 N Orange Avenue Unit 328, Orlando
155 S Court Avenue Unit 1816, Orlando
$419,000
2 Beds ⋅ 2 Baths ⋅ Solaire/Plaza Condo SubDv. ⋅ 32801 Zip Code
Welcome to Unit 1816 at The Solaire at the Plaza, where luxury high rise living meets the energy and convenience of Downtown Orlando. This impressive 2 bedroom, 2 bath condominium offers 1,212 square feet of beautifully updated living space with spectacular 18th floor views of the city. Expansive floor to ceiling windows fill the residence with natural light and showcase sweeping skyline views by day and the glow of Downtown Orlando by night. Motorized window shades provide effortless privacy and light control at the touch of a button. Inside, wood flooring flows throughout the residence, creating a warm and sophisticated feel. The beautifully updated kitchen features granite countertops, contemporary finishes, ample cabinetry, and an open layout that connects seamlessly with the living and dining areas, making it ideal for both entertaining and everyday living. Updated bathrooms complete the polished, modern interior. The Solaire at the Plaza offers the convenience and security of true luxury high rise living with a 24 hour staffed front desk and biometric eye recognition entry, & common area access for owners. Residents also enjoy a fitness center, media room, and an impressive 10th floor rooftop pool and amenity area, perfect for relaxing and enjoying the Florida lifestyle above the city. The location puts the best of Downtown Orlando right outside your door. Walk to the Kia Center for Orlando Magic games, concerts, and major events, along with nearby restaurants, nightlife, entertainment, and downtown destinations. With incredible views, an updated interior, outstanding amenities, and exceptional walkability, Unit 1816 offers an elevated Downtown Orlando lifestyle from an incredible vantage point. Schedule your private tour today!

155 S Court Avenue Unit 1816, Orlando
10 N Summerlin Avenue Unit 28, Orlando
$350,000
2 Beds ⋅ 2 Baths ⋅ Thornton Park Central Condo SubDv. ⋅ 32801 Zip Code
If downtown Orlando living is what you're looking for, this one is worth a look! Located in the heart of the Thornton Park District, this rarely available 2-bedroom, 1.5-bath corner condo is in Thornton Park Central (TPC), a building that helped pave the way for Orlando's original urban development. This home has held onto the character and grit that makes downtown loft living so appealing, while adding the modern updates and comforts buyers want today. The 10-foot raw concrete ceilings, exposed ductwork, rounded painted columns, polished concrete floors, and designer lighting give the space a true urban feel without sacrificing style. Restoration Hardware “Room Darkening” blinds add privacy and function, while the oversized balcony gives you even more room to enjoy the downtown lifestyle. The updated kitchen features Alvic cabinets from Spain, Caesarstone countertops, and stainless steel appliances, including a front-load washer and dryer. The living area is full of personality, highlighted by a real brick accent wall and direct access to the oversized balcony. It’s the kind of space that feels completely at home in the city. The primary bedroom continues the loft-inspired vibe with an aged pallet-wood accent wall, an updated ensuite bathroom with double vanity sinks, and a walk-in closet. The second bedroom offers flexibility for guests, an office, or whatever fits your lifestyle. Additional features include one assigned parking space, with an additional space available to rent, plus an oversized storage unit—something that's always a bonus when living downtown. And the location? It doesn't get much better. Step outside and you're surrounded by Thornton Park's restaurants, coffee shops, nightlife, Lake Eola, and downtown Orlando. With neighbors like Starbucks, grabbing your morning coffee just got a whole lot easier! Urban character, modern updates, incredible location, and a floor plan that gives you room to live. Come see why Thornton Park Central is such a special place to call home.

10 N Summerlin Avenue Unit 28, Orlando
911 N Orange Avenue Unit 411, Orlando
$199,900
2 Beds ⋅ 2 Baths ⋅ Uptown Place Condo SubDv. ⋅ 32801 Zip Code
This home has been well loved, enjoyed, and cared for by the owners. Located up on the 4th floor, this condo has a private balcony that overlooks a beautifully landscaped courtyard, creating a peaceful ambiance in your space. The custom cabinetry and butcher block counter top in the dining area adds additional storage and counter space for your enjoyment. The property is equipped with updated waterproof LVP, stainless fridge in 2020, brand new dishwasher getting installed, in-unit washer/dryer, a split floor plan that features two large walk in closets, a built-in desk, and spacious dining and living room areas. Residents enjoy features such as a resort style pool, fitness center, business center, a billiards room, and a covered parking garage all placed perfectly between Downtown Orlando and Ivanhoe Village. Also nearby are Advent Health, Orlando Health, Ivanhoe Village, Mills 50, and I-4, so you'll have easy access to shopping, dining, entertainment, and major roadways. Condo dues include weekly pest control, a trash chute on each floor (plus bulk and recycling), free Wifi through Quantum Fiber, coffee bar every morning, and a gated parking garage entrance for security. Set up a showing today for the change to be the next lucky owners of unit 411.

911 N Orange Avenue Unit 411, Orlando
155 S Court Avenue Unit 1102, Orlando
$289,900
2 Beds ⋅ 2 Baths ⋅ Solaire/The Plaza Bldg 1 SubDv. ⋅ 32801 Zip Code
DOWNTOWN ORLANDO IS YOUR BACKYARD. Experience the energy, convenience and excitement of city living from the 11th floor of Solaire at the Plaza, perfectly positioned in the heart of Downtown Orlando. Here, your weekends can start with a walk around Lake Eola or the farmers market, continue with dinner downtown, a performance at the Dr. Phillips Center or a game at the Kia Center—and end with a short walk home. Inside, this spacious 2-bedroom, 2-bath residence offers 1,261 square feet of modern, open-concept living designed around the city views. Floor-to-ceiling windows fill the home with natural light and create a striking backdrop of the Downtown Orlando skyline, while the oversized private balcony gives you your own outdoor space above the city. The kitchen features granite countertops and stainless steel appliances and opens effortlessly to the living and dining areas, making the layout ideal for entertaining or simply enjoying everyday life downtown. Both bedrooms are generously sized, and the home also offers in-unit laundry, ample storage, no carpet and TWO reserved parking spaces—a valuable convenience in the center of the city. At Solaire at the Plaza, the lifestyle continues beyond your front door with 24-hour security and concierge services, controlled building access, a resort-style rooftop pool and sundeck, fitness center and resident lounge. Step outside and Downtown Orlando is waiting. Lake Eola, Publix, restaurants, coffee shops, nightlife, entertainment, sporting events and the performing arts are all within the surrounding downtown district. This isn't just a place to live—it’s an opportunity to experience Orlando from the center of it all. If you’ve been waiting for the convenience of a truly urban lifestyle without giving up space, views, amenities or parking, welcome home to Solaire at the Plaza.

155 S Court Avenue Unit 1102, Orlando
204 South Street Unit 1053, Orlando
$299,900
2 Beds ⋅ 3 Baths ⋅ Grande Downtown SubDv. ⋅ 32801 Zip Code
Experience downtown living with the convenience and feel of a townhouse in this move-in-ready 2-bedroom, 2-bath residence at The Grande in the heart of Downtown Orlando. This unique two-story unit offers its own separate entrance directly onto Rosalind Avenue, just across from the Dr. Phillips Center for the Performing Arts, along with two first-floor parking spaces - making everyday access incredibly convenient with no elevator necessary. Inside, the main level features an open, updated kitchen with stainless steel appliances, generous living and dining space, and laminate flooring throughout. Upstairs, both bedrooms are spacious and privately situated away from the main living areas, while the primary suite features a large walk-in closet. A washer and dryer are included for added convenience, making this home truly move-in ready. The Grande offers a resort-style pool, fitness center, clubhouse, beautifully maintained courtyards and controlled-access parking, all within a gated community. Enjoy an unbeatable Downtown Orlando location just steps from Dr. Phillips Center, Lake Eola, the Kia Center, restaurants, coffee shops, nightlife, entertainment and everything downtown has to offer. With its townhouse-style floor plan, private street entrance and two conveniently located parking spaces, this residence offers a rare combination of downtown accessibility and the ease of coming and going without the typical high-rise routine. **Special Assessment has been paid in full leaving you with only 1 Condo due!**

204 South Street Unit 1053, Orlando
860 N Orange Avenue Unit 112, Orlando
$199,950
1 Beds ⋅ 1 Baths ⋅ Park North At Cheney Place SubDv. ⋅ 32801 Zip Code
Welcome to urban living at its finest with unit #112 at Park North at Cheney Place, located at 860 N Orange Ave. This ground-level, unfurnished 1-bedroom, 1-bathroom condo with a pool view offers seamless accessibility and features a private outdoor patio area perfect for relaxing with morning coffee or evening unwinding. The unit includes the dedicated convenience of assigned parking spot #69. Residents enjoy resort-style community amenities, including two tropical swimming pools, a fully equipped fitness center, a club room with a billiards table, a business/conference center, landscaped courtyards, and dedicated dog park areas. Positioned in Downtown Orlando's vibrant North Quarter, this condo sits moments away from popular dining, boutique shopping, Lake Eola Park, and major Central Florida attractions. The property represents an ideal opportunity for either a homebuyer seeking an accessible downtown residence or an investor looking for immediate cash flow, as a tenant is already in place.

860 N Orange Avenue Unit 112, Orlando
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