531 TERRACE COVE WAY Orlando, FL $ 587,500
531 TERRACE COVE WAY
$ 587,500
Recently Listed
Open House 3/29 11am - 2pm
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531 TERRACE COVE WAY

Orlando, FL, 32828
$ 587,500
Bedrooms4 Baths2.1 Sq 2,828

Monthly Estimate*

$ 3,617

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Single Family Home for sale in Orlando, FL

for $587,500 with 4 bedrooms and 2 full baths, 1 half bath. This 2,828 square foot home was built in 1995 on a lot size of 0.2.

Welcome to 531 Terrace Cove Way, a beautifully maintained residence offering a spacious and flexible layout tailored for modern living. This thoughtfully designed home features 4 bedrooms, 2.5 bathrooms, a versatile flex room, and an airy second-floor loft, providing ample room for work, play, and relaxation. The primary suite is conveniently located on the first floor and showcases a fully remodeled ensuite bathroom, creating a serene retreat with fresh, contemporary finishes. Sunlit living spaces flow seamlessly throughout the main level, highlighting the home’s warm ambiance and inviting character. Step outside to your own private sanctuary, complete with a screened-in pool perfect for year-round enjoyment and effortless outdoor entertaining. The covered patio offers an ideal setting for al fresco dining or peaceful evenings by the water. Situated in a desirable East Orlando community just minutes from Waterford Lakes, top-rated schools, UCF, and major commuter routes, this home blends comfort, convenience, and resort-style living in one exceptional package. It’s ready to welcome its next owner

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Open House

3/29/2026 11:00 AM - 2:00 PM
531 TERRACE COVE WAY Orlando, FL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 587,500

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 7,841

Style

Single Family Residence

Lot Size

0.2

Year Built

1995

Town/City

Orlando

County/Region

Orange

MLS | Web ID

O6394084

Features
General
Sewer Private Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Water Available
Roof Shingle
Appliances Dishwasher Electric Water Heater Microwave Range Refrigerator
Zoning P-D
HOA Fee 350
Garage Spaces 2
Pool Features In Ground Screen Enclosure
Construction Materials Stucco
Pets Allowed Breed Restrictions
Year Built 1995
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
HOA Fee 2 249
Assoc Fee Paid Per Annually
County Orange
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name WATERFORD LAKES TR N24
Facing Direction West
Garage Y/N true
Total Rooms 10
Full Baths 2
Status Active
Directions Follow GPS directions
High School Timber Creek High
City ORLANDO
Association Name Community Management Specialists Inc
Senior Community Y/N false
MLS Area 32828 - Orlando/Alafaya/Waterford Lakes
Lot Size Units Square Feet
Lot Size Square Feet 8666
Carport Y/N false
Listing Terms Cash Conventional FHA VA Loan
HOA Fee 2 Frequency Quarterly
Elementary School Waterford Elem
Land Lease Y/N false
Tax Annual Amount 7841.91
Middle/Junior High School Discovery Middle
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6394084 https://www.homeatanywhere.com/531-Terrace-Cove-Way-Orlando-FL-32828/index.html
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Tax Lot 850
Legal Description WATERFORD LAKES TRACT N-24 30/89 LOT 85
Minimum Lease 8-12 Months
Water Access Y/N false
Monthly HOA Amount 29.17
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Ceiling Fan(s) Primary Bedroom Main Floor Vaulted Ceiling(s) Walk-In Closet(s)
Flooring Carpet Ceramic Tile Laminate
Furnished Y/N Unfurnished
Fireplace Features Decorative
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Irrigation System
Lot Features Corner Lot
Water Source Public
Lot Size Area 8666
Foundation Details Slab
Building Area Total 3584
Lot Size Acres 0.2
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Coldwell Banker Realty

Broker

rocioruizrealtor@gmail.com

Email

Affordability Calculator

$4,271
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,617
Monthly Property Taxes
$653
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Timber Creek High High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$587,500 Listed Price

Map


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531 TERRACE COVE WAY, Orlando, FL, 32828 is a Single Family Home for sale at $587,500 with 2,828 sqft and a lot size of 0.2. 531 TERRACE COVE WAY has 4 bedrooms, 2.1 baths, and was built in 1995. The property's zip code is 32828 which is in Orlando, FL