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4313 GEORGETOWN DRIVE

House For Sale
$249,900

BTC: 3.90468750

ETH: 143.12714777

16 days
3 bds
2 ba
1,759 sqft

Overview

IINVESTOR REHAB OPPORTUNITY | SOLID CONCRETE BLOCK | PRICED FOR CONDITION | SELLER FIRM ON LIST PRICE Attention investors and owner-occupant buyers with vision — this is your chance to acquire a solid concrete block single-family home in the Lake Lawne Shores neighborhood of Orlando and build immediate equity through a full renovation. The bones are here. The opportunity is real. The seller is ready to close. THE PROPERTY: This 3-bedroom, 2-bathroom single-family home sits on a 7,067 SF lot in the Colony Cove subdivision of Orlando's 32808 zip code. The home offers 1,759 SF of heated living area, a finished 1-car garage (338 SF), and an existing enclosed rear porch (220 SF) — all on a quiet residential street. Built in 1968 on a concrete block and cinder block foundation, the structure is solid and provides a strong platform for a complete renovation. 4-BEDROOM / 3-BATH CONVERSION OPPORTUNITY: The existing 220 SF enclosed rear porch can be converted into a fully permitted, conditioned 4th bedroom and 3rd bathroom — bringing the home to approximately 1,979 SF as a 4-bedroom, 3-bath layout. This creates a private suite configuration ideal for multigenerational living, a primary suite addition, or maximizing rental income potential. Buyer to independently verify all conversion feasibility and permitting requirements with Orange County Building and Zoning prior to closing. FULL SCOPE OF WORK REQUIRED: This property requires a complete top-to-bottom renovation. The following systems and areas need full replacement or remodel: electrical, plumbing, HVAC and ductwork, kitchen, bathrooms, flooring, and roof. OPPORTUNITY ZONE: This property is located in a federally designated Opportunity Zone — Census Tract #12095018700. Qualifying investors utilizing an Opportunity Zone Fund structure may be eligible for significant capital gains tax advantages. Buyer to consult their tax advisor for details. SELLER'S TERMS — READ BEFORE SUBMITTING AN OFFER: Seller is firm on list price. There will be no price reductions, credits, repairs, or concessions of any kind. This property is being sold strictly AS-IS. Any inspection is for the buyer's informational purposes only and will not affect the price or terms of the sale. Any offer containing assignable contract language, an option to assign, or any mechanism allowing the transfer of contract rights to a third party will be immediately rejected and disqualified without response or counter. Buyer is responsible for all due diligence including title search, lien search, code violation review, permit history, survey, inspection, and independent verification of all square footage, room dimensions, and property condition prior to closing. Seller makes no representations or warranties as to the condition, size, or compliance status of the property. Buyer must independently verify all information with Orange County Building, Zoning, and relevant municipal authorities prior to closing.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1968
Lot:
0.16 Acres
Heating:
Central
Price/sqft:
$142
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$319,900
$209K – $394K
Confidence Low
List vs. estimate
$70K below estimate
List $249,900 · -21.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$142
-46.6% vs. city median $266
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,700
2025
Garage
1 car garage
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • L Dining

    • Wet Bar

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: None

    Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 202229154801370

    • Zoning: R-1/W

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

    • Street Lights

    • Water Available

  • Other financial information

    • Annual tax amount: $3,700

  • Source details

    • MLS ID: O6408740

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Inside / Other

    • Direction Faces: Northwest

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1759

    • Water Source: Public

    • Subdivision Name: COLONY COVE

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: EXP REALTY LLC