420 Forestway Circle Unit 206
Altamonte Springs, FL 32701
- 1 bed
- 1 bath
- 712 sqft
- 343 sqft lot
- $223 per sqft
- 1986 build
- – on site
Unlock the potential of this spacious 1-bedroom, 1-bathroom condo located in the gated Lakewood community—a highly desirable area in the heart of Altamonte Springs. Whether you're looking to expand your rental portfolio or secure a long-term investment in one of Central Florida’s most convenient locations, this is a must-see. This well-maintained unit offers a bright, open layout with a private balcony, cozy fireplace, and in-unit washer and dryer—features that attract long-term tenants and increase rental appeal. The property is currently move-in ready, with minimal upkeep required. Lakewood offers an array of tenant-friendly amenities, including a community pool, clubhouse, fitness center, tennis and volleyball courts, and a scenic pond area—adding value and lifestyle perks that help maintain consistent occupancy. Located just a short walk to Altamonte Mall, Cranes Roost Park, major retailers, restaurants, and grocery stores, plus easy access to I-4, this condo sits in a high-demand rental corridor with strong year-round interest. Whether you're a seasoned investor or just getting started, this property checks all the boxes for a smart, income-generating investment. Schedule your private showing today and take the next step toward growing your portfolio!
Last checked:
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Last updated Apr 5, 2025
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MLS# G5095208 —
The Building
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Year Built:1986
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New Construction:false
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Architectural Style:Contemporary
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Construction Materials:Brick
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Building Elevator:false
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Levels:One
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Stories Total:3
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Roof:Shingle
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Foundation Details:Slab
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Window Features:Blinds
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Patio And Porch Features:Covered
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Floor Number:2
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Unit Number:206
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Building Area Total:712
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Building Area Units:Square Feet
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Building Area Source:Public Records
Interior
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Interior Features:Ceiling Fan(s)
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Flooring:Laminate
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Fireplace:true
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Fireplace Features:Electric
Room Dimensions
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Living Area:712
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Living Area Units:Square Feet
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Living Area Source:Public Records
Location
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Directions:Start in Downtown Orlando: Head north on N Garland Ave toward W Amelia St.? Merge onto I-4 East: Use the left lane to take the ramp onto I-4 E toward Daytona Beach.? Continue on I-4 East: Drive for approximately 8 miles.? Take Exit 92 for FL-436 toward Altamonte Springs/Apopka: Use the right 2 lanes to take exit 92.? Turn Right onto FL-436 E/E Altamonte Dr: Continue on FL-436 E for about 1 mile into Altamonte Springs.?
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Latitude:28.657734
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Longitude:-81.379967
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Coordinates:-81.379967, 28.657734
The Property
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Parcel Number:1421295SB09002060
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Property Type:Residential
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Property Subtype:Condominium
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Lot Size Acres:0.01
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Lot Size Area:343
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Lot Size SqFt:343
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Lot Size Units:Square Feet
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Zoning:R-3
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Direction Faces:South
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View:Park/Greenbelt
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View:true
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Exterior Features:Balcony
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Water Source:Public
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Road Surface Type:Asphalt
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Flood Zone Code:X
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Flood Zone Panel:12117C0145F
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Additional Parcels:false
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Homestead:false
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Lease Restrictions:true
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (321) 695-6164
- Office phone:
- (352) 933-0018
Taxes
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Tax Year:2024
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Tax Legal Description:BLDG 9 UNIT 206 LAKEWOOD PARK A CONDOMINIUM ORB 6100 PG 542
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Tax Annual Amount:2136.45
Beds
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Bedrooms Total:1
Baths
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Total Baths:1
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Total Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:BB/HS Internet Available
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher
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Laundry Features:Inside
Schools
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Elementary School:Lake Orienta Elementary
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Middle Or Junior School:Milwee Middle
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High School:Lyman High
The Community
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Subdivision Name:LAKEWOOD PARK A CONDO
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Senior Community:false
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Community Features:Fitness Center
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Waterview:false
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Water Access:false
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Waterfront:false
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Pool Private:false
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Pets Allowed:Breed Restrictions
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Pet Restrictions:Please verify pet/breed restrictions with HOA
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# of Pets:2
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Association:true
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Association Fee:462.66
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Association Fee Frequency:Monthly
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Association Fee Includes:Community Pool
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Association Fee Requirement:Required
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Monthly HOA Amount:462.66
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Ownership:Condominium
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Association Approval Required:false
Parking
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Garage:false
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Carport:false
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Open Parking:true
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Parking Features:Common
Monthly cost estimate

Asking price
$159,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$851
|
Taxes | $178 |
Insurance | $43 |
HOA fees | $463 |
Utilities | $117 See report |
Total | $1,652/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/4/25
Apr 4, 2025
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Listed / Active | STELLAR_MLS | $159,000 | 25.7% (7.9% / YR) |
1/23/25
Jan 23, 2025
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Listed / Active | STELLAR_MLS | ||
10/19/23
Oct 19, 2023
|
Listed / Active | STELLAR_MLS |