5+ Days Ago
Highlights
- Walk-in closet
- Spacious living room
- Community pool
- Extensive dining and shopping opportunities
Location
550 Cranes Way #116, Altamonte Springs, FL 32701, USA
Tour 550 Cranes Way #116
Contact
Gate Properties & Management Inc.
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Property Overview
550 Cranes Way #116 offers a desirable location in Altamonte Springs, complemented by a range of notable features including spacious interiors and access to community amenities. The property is great for those seeking a blend of comfort and convenience, with nearby shopping and dining options enhancing the lifestyle. Additionally, the serene surroundings and well-maintained grounds contribute to its appeal, making it an ideal choice for various lifestyles.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images available
Great for
Pet owners
Amenities for 550 Cranes Way #116
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Cats OK |
Grounds
| Community Pool | Swimming Pool |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 550 Cranes Way #116
Beautiful FIRST FLOOR 3 Bedroom 2 Bath Condo, in the heart of Altamonte Springs and Cranes Roost. This condo features beautiful laminate wood floors, plantation shutters and a Spacious Split Floor Plan with an open concept and cozy screened in porch with added storage closet. As you enter this beautifully appointed condo, you will be greeted with a spacious foyer and Kitchen with eat in Dining Space. The kitchen has newly refinished cabinetry and Stainless Steel Appliances. The kitchen overlooks a spacious living room with tons of Natural Light. The spacious primary suite features large windows overlooking the patio, a beautifully refinished primary bath and walk- in closet. The second bedroom is located in the front of the unit adjacent to the newly renovated guest bathroom. The third bedroom can be used as a bedroom or is PERFECT for a home office or additional dining space. This condo also comes with a washer and dryer. This community is very well cared for and it features a community pool. This highly desired location features beautiful walking paths along the lakes and is close to the Altamonte Springs Mall and extensive dining and shopping opportunities. Don’t miss your chance to call this condo home!!! This unit is available April 2026. Sorry, No pets allowed. We would like to make you aware of the following Leasing criteria: 1. Minimum credit score of 620 2. Must have a gross income of three times the monthly rent ($6,600.00 per month) 3. Clean background check with NO evictions and NO felonies (Pertaining to Felonies- some exceptions apply per new HUD guidelines) 4. Verification of Rental History for your previous two rentals regardless of time frame Our application fee is $75.00 for each occupant 18 years and older HOA application fees is $100.00 for each occupant 18 years and older. ***ALL RESIDENTS OVER THE AGE OF 18 MUST MAKE APPLICATION. ANYONE OVER THE AGE OF 18 WILL BE ADDED AS TENANT. (SOME EXCEPTIONS APPLY) *** *******PLEASE NOTE: WE DO NOT REFUND APPLICATION FEES FOR ANY REASON! ALL APPLICATION FEES ARE NON-REFUNDABLE! ****** A Cat will be allowed, but not dogs. There would be a $350.00 non refundable pet fee for the first pet and a $100.00 non refundable pet fee for the second pet. Renters Insurance is required.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 550 Cranes Way, Altamonte Springs, FL 32701, USA compares to other nearby properties.
Positives
- Images available
- There are at least 10 photos of this address
Address details
| Zip code | 32701 |
|---|---|
| Type | Condo for rent |
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Rent trends in Altamonte Springs
3-bedroom apartments at 550 Cranes Way #116 cost about 10% more than the average rent price for 3-bedroom apartments in Altamonte Springs.
Median rents as of Feb 21 2026.
Altamonte Springs
| Month | Median Rent |
|---|---|
| March 2024 | $1,946 |
| April 2024 | $2,008 |
| May 2024 | $2,113 |
| June 2024 | $2,071 |
| July 2024 | $2,033 |
| August 2024 | $2,033 |
| September 2024 | $1,954 |
| October 2024 | $1,976 |
| November 2024 | $1,939 |
| December 2024 | $1,924 |
| January 2025 | $1,931 |
| February 2025 | $1,995 |
| March 2025 | $2,067 |
| April 2025 | $2,132 |
| May 2025 | $2,054 |
| June 2025 | $2,008 |
| July 2025 | $2,032 |
| August 2025 | $2,070 |
| September 2025 | $1,931 |
| October 2025 | $1,960 |
| November 2025 | $1,966 |
| December 2025 | $2,006 |
| January 2026 | $2,013 |
| February 2026 | $1,976 |
Affordability calculator
Can I afford to live at 550 Cranes Way #116?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$88,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $88,000 annually to afford this 3-bedrooms monthly rent price of $2,200.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $2,050 | 2 bed | 2 bath | ||
| 2 years ago | $2,050 | 2 bed | 2 bath | ||
| 3 years ago | $2,000 | 3 bed | 2 bath | ||
| 4 years ago | $1,800 | 2 bed | 2 bath | ||
| 9 years ago | $1,250 | 3 bed | 2 bath |
Schools near 550 Cranes Way #116
Altamonte Elementary School
525 pineview st
altamonte springs, FL, 32701
PK, K-5Public
B
Lyman High School
865 s ronald reagan blvd
longwood, FL, 32750
PK, 9-12Public
A-
Longwood Elementary School
840 orange ave
longwood, FL, 32750
PK, K-5Public
A-
Seminole County Virtual School
450 technology park
lake mary, FL, 32746
K-12Public
B+
Orange County Virtual School
1600 silver star rd
orlando, FL, 32804
K-12Public
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Internet available near 550 Cranes Way #116
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Altamonte Springs near 550 Cranes Way #116
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
1/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 550 Cranes Way #116, Altamonte Springs
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
2/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
Other units at this address
550 Cranes Way, Altamonte Springs, FL
550 Cranes Way Altamonte Springs, FL
Occupied
2 Beds, 2 Baths
2 Beds
2 Baths
$2,050
Â
Occupied
120
3 Beds
2 Baths
$1,250
Carpet • In-Unit Laundry
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