523 DERBY DRIVE, Altamonte Springs, FL, 32714 | $239,900

Under contract-accepting backup offers. Welcome to 523 Derby Drive in Montgomery Square, a beautifully updated Altamonte Springs townhouse offering comfort, convenience, and excellent value in the heart of Altamonte Springs. This home is perfectly positioned near the everyday essentials buyers love—shopping, dining, medical facilities, major roadways, and the commercial conveniences of Altamonte Springs—while still offering a comfortable neighborhood setting with very low HOA fees.

Inside, the home features a warm and inviting layout with vaulted ceilings in the living room, a skylight that brings in natural light, and neutral interior paint that gives the home a clean, move-in-ready feel. The kitchen has been thoughtfully updated with butcher block countertops, a farmhouse sink, newer finishings, backsplash, stainless steel appliances, a stainless steel range hood, and a high-end Bosch side-by-side refrigerator. Additional included appliances and features include an LG smart washer and dryer, stove, dishwasher, Nest programmable thermostat, LED lighting throughout, brushed nickel ceiling fans, remote-controlled ceiling fans with LED lights, and electric vehicle outlets.

The spacious primary bedroom offers comfort and functionality, while both bathrooms have been tastefully improved. The hall bathroom features a newer commode, tile surround, pedestal sink, mirror, light fixture, chrome faucet, and shower head. The primary bathroom includes a newer vanity, antique brass faucet, custom closet shelving, newer commode with bidet, and bathtub with tile surround. With two bathtubs, updated finishes, and practical storage improvements, the home is designed for easy everyday living.

Enjoy multiple outdoor living spaces, including a welcoming front porch, a front door with window, security screen door, French doors leading to the Florida room, sliders to a covered and screened patio, and a fenced courtyard with white vinyl fencing behind the home. Major updates add even more peace of mind, including a brand-new roof, updated electrical, a Trane AC system installed in October 2019, and an electric tankless water heater. With efficient utilities, Quantum Fiber internet availability, and typical monthly water and power costs that help keep ownership practical, this Montgomery Square townhouse is a smart opportunity in a highly convenient Altamonte Springs location. Call today to schedule a visit!

Features

  • Rooms: 11
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Year Built: 1983
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,102
  • Acreage: 0.06
  • Est. Taxes: $588
  • HOA Fee: $110 Monthly
  • Pet Policy: Yes
  • Appliances: Dryer, Refrigerator, Washer
  • MLS#: O6414052
  • Days on Market: 18 days
  • Website: https://www.raveis.com
    /prop/O6414052/523derbydrive_altamontesprings_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 6/30/2026 5:33:39 PM)
Listing courtesy of EXP REALTY LLC   Phone: 407-706-5000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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523 DERBY DRIVE, Altamonte Springs, FL, 32714

$239,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $191,920 $191,920 $191,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.230% 6.512% 5.866%
Monthly Tax Payment $49 $49 $49
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,135 $1,197 $1,581
Total Monthly Payment $1,259 $1,321 $1,705

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.