Jessica Torres
$408,000$415,0003 bd2.5 ba1,559 sqft$262 /sqft$3,536 /mo all-in ↓

987 SPRING PALMS LOOP, ORLANDO, FL, 32828

Active87 days on marketListed Apr 23, 2026MLS #O6401418

Priced 7% below the ORLANDO 32828 medianReduced $7KTownhouseSPRING ISLE PALMS

About this home

987 SPRING PALMS LOOP

This beautifully designed 3-bedroom, 2.5-bathroom townhome offers 1,559 square feet of modern, low-maintenance living at its finest. Built in 2023, every detail of this home reflects today's most sought-after design elements — from the open concept living spaces to the contemporary finishes throughout. The main level features a bright and airy open floor plan, perfect for entertaining, with a well-appointed kitchen, stylish half bath, seamless flow between living and dining areas, and a convenient private one-car garage — offering secure parking and additional storage right at your doorstep. Upstairs you will find three generously sized bedrooms. As a resident of this sought-after community, you will enjoy access to a resort-style pool and a playground — perfect for families and those who love the Florida outdoor lifestyle. Located in Orlando with easy access to major highways, top-rated dining, shopping and entertainment — this townhome is the perfect primary residence, vacation home, or investment property.

Facts & features

The home at a glance

3

Bedrooms

2.5

Bathrooms

1,559

Sqft

0.05 ac

Lot size

1

Garage

2023

Year built

Two

Levels

$262

Per sqft

Pets allowed

Inside

FlooringCarpet · Tile
AppliancesDishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Refrigerator · Washer
InteriorLiving Room/Dining Room Combo · PrimaryBedroom Upstairs · Thermostat
LaundryInside
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Stucco
FoundationConcrete Perimeter
FacesNorth
ExteriorSliding Doors

Community & fees

HOA fee$305/mo
Taxes (2025)$5,862/yr
PetsYes
CommunityPlayground · Pool

Utilities & systems

UtilitiesPublic
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$3,536 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,402
FHA mortgage insurance (est.)$180
Property tax — 2025 actual bill$489
HOA fee — from the listing$305
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $14,280Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $14,280
Interest rate6.00%
Loan term

Estimated payment

$3,536/mo

Principal & interest$2,402
FHA mortgage insurance (est.)$180
Property taxes (actual bill)$489
HOA / condo fee$305
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. 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.

List $408K
$369KedgeAI estimate $384,848 · range $384K$386K$424K

vs edgeAI estimate

+6%

$/sqft vs SPRING ISLE PALMS

$262 vs $253

Days on market

87 vs 34 typical

Where $262/sqft sits among the 7 homes for sale in SPRING ISLE PALMS

1
0
0
3
1
2 · this home
$230–236$236–243$243–249$249–255$255–261$261+

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 Orlando

Map of 987 SPRING PALMS LOOP

Drive times from this address

Downtown Orlando25 min
Orlando Int’l Airport (MCO)30 min
Universal Orlando37 min
Walt Disney World53 min

Get to know Orlando. See the full Orlando guide →

ORLANDO 32828 — neighborhood snapshot

Population

69,937

Median age

36.5

Median income

$99,927

Median home value

$403,700

Avg household

2.85

Households w/ children

9,027

For the school run

Orange County School District

ElementarySunrise Elementary★★★★
HighTimber Creek High★★★★
MiddleDiscovery Middle★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Orlando market

Seller’s marketBalanced5.7 months of inventoryBuyer’s market

$400K$405K

Orlando median sold, yr/yr

97.0%

Sale-to-list ratio (12 mo)

4 of 7

SPRING ISLE PALMS have cut their price

Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 7% below the ORLANDO 32828 median. See the full Orlando market guide →

Paper trail

This home's history

CurrentPrice reduced to $408,000 $7K
Apr 23, 2026Listed at $415,000 · 87 days on market since
2023Built · SPRING ISLE PALMS

Reality check

What actually sold near 987 SPRING PALMS LOOP

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

1064 SPRING PALMS LOOPSold · Mar ’26

$414,000

1064 SPRING PALMS LOOP · same community

3 bd · 2.5 ba · 1,633 sqft · $254/sqft · 13 DOM

10350 EVENING HORIZONSold · Aug ’25

$518,490

10350 EVENING HORIZON

3 bd · 2 ba · 1,552 sqft · $334/sqft · 0 DOM

16257 OLD ASH LOOPSold · Mar ’26

$323,000

16257 OLD ASH LOOP

3 bd · 2.5 ba · 1,507 sqft · $214/sqft · 14 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.

Jessica Torres

Your agent

Jessica Torres

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 987 SPRING PALMS LOOP — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 987 SPRING PALMS LOOP — before you fall in love.

See it in person

Schedule a tour

Pick a day that works — this goes straight to Jessica's phone and CRM.

Goes straight to Jessica’s phone and CRM.

Straight answers

987 SPRING PALMS LOOP FAQs

What would the monthly payment be for 987 SPRING PALMS LOOP?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,536/mo — principal and interest, the actual property-tax bill, the $305/mo association fee 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.

How much are the HOA fees at 987 SPRING PALMS LOOP?+

The association fee works out to $305 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 987 SPRING PALMS LOOP?+

The most recent tax bill on record (2025) was $5,862. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 987 SPRING PALMS LOOP?+

The listing reports pets: Yes. 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 Orlando?+

At $408,000, this home is listed about 5% above the Orlando median of $390,000. The market section on this page shows how the area is trending.

Which schools are assigned to 987 SPRING PALMS LOOP?+

Sunrise Elementary (elementary), Timber Creek High (high), Discovery Middle (middle) — Orange County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the ORLANDO 32828 market on paper

$408,000 is 7% below the ORLANDO 32828 median of $439,000, and at $262/sqft it sits under the Orlando average of $264.

02Time on market is leverage

87 days on market against a Orlando median of 34 — sellers in this position are usually ready to negotiate.

03Strong assigned schools

Sunrise Elementary, Timber Creek High, Discovery Middle — Sunrise Elementary rates 4 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $415,000, now $408,000 — a $7K cut. The full history is in the market section below.

Listing courtesy of EXP REALTY LLC · Mihai Echim. MLS #O6401418.

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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