$249,900
Active

4313 GEORGETOWN DRIVE

ORLANDO, FL 32808 — COLONY COVE
3 Beds
2 Baths
1,759 sqft
0.16 acres
Built 1968
1-Car Garage

About This Property

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.

Property Details

Basics

Property Type
Residential
Property Subtype
Single Family Residence
MLS Number
O6408740
Days on Market
1
Year Built
1968
Levels
One
Direction Faces
Northwest
Occupant Type
Vacant

Size & Structure

Living Area
1,759 sqft
Total Area
7,067 sqft
Lot Size
0.16 acres
Lot Sq Ft
7,067 sqft
Bedrooms
3
Full Baths
2
Garage Spaces
1
Stories
1

Interior

Flooring
Other
Appliances
None
Interior Features
L Dining, Wet Bar
Laundry
Inside, Other
Furnished
Unfurnished
A/C
Central Air
Heating
Central

Exterior & Lot

Exterior Features
None
Construction
Block, Concrete
Roof
Shingle
Foundation
Slab

Water & Pool

Community & HOA

HOA
No
Community Features
Street Lights

Utilities & Systems

Water
Public
Sewer
Public Sewer
Utilities
Public, Water Available
Cooling
Central Air
Heating
Central
Flood Zone
x

Financial

List Price
$249,900
Annual Taxes
$3,700
Tax Year
2025
Listing Terms
Cash, Conventional
Special Conditions
None

Location