David Ramirez
$249,9003 bd2 ba1,759 sqft$142 /sqft$2,050 /mo all-in ↓

4313 GEORGETOWN DRIVE, ORLANDO, FL, 32808

Active66 days on marketListed May 18, 2026MLS #O6408740

Priced 6% below the ORLANDO 32808 medianSingle Family ResidenceCOLONY COVE

About this home

4313 GEORGETOWN DRIVE

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.

Facts & features

The home at a glance

3

Bedrooms

2

Bathrooms

1,759

Sqft

0.16 ac

Lot size

1

Garage

1968

Year built

One

Levels

$142

Per sqft

Inside

FlooringOther
AppliancesNone
InteriorL Dining · Wet Bar
LaundryInside · Other
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Concrete
FoundationSlab
FacesNorthwest
ExteriorNone

Community & fees

Taxes (2025)$3,700/yr

Utilities & systems

UtilitiesPublic · Street Lights · Water Available
WaterPublic

The numbers

What it really costs

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

$2,050 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,471
FHA mortgage insurance (est.)$111
Property tax — 2025 actual bill$308
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $8,747Loan30-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% · $8,747
Interest rate6.00%
Loan term

Estimated payment

$2,050/mo

Principal & interest$1,471
FHA mortgage insurance (est.)$111
Property taxes (actual bill)$308
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 $250K
$240KedgeAI estimate $342,291 · range $313K$403K$419K

vs edgeAI estimate

−27%

Days on market

66 vs 34 typical

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 Mercy Drive

Map of 4313 GEORGETOWN DRIVE inside its neighborhood boundary

Drive times from this address

Downtown Orlando8 min
Universal Orlando16 min
Orlando Int’l Airport (MCO)28 min
Walt Disney World32 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Orlando. See the full Orlando guide →

Mercy Drive — neighborhood snapshot

Population

2,814

Median age

28

Median income

$22,189

Median home value

$152,357

Avg household

3

Households w/ children

402

For the school run

Orange County School District

ElementaryRock Lake Elementary★★★★
MiddleCarver Middle★★★★
HighJones High★★★★★

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)

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

This home is listed 6% below the ORLANDO 32808 median. See the full Orlando market guide →

Paper trail

This home's history

May 18, 2026Listed at $249,900 · 66 days on market since
1968Built · COLONY COVE

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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 4313 GEORGETOWN DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 4313 GEORGETOWN DRIVE — before you fall in love.

See it in person

Schedule a tour

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

Goes straight to David’s phone and CRM.

Straight answers

4313 GEORGETOWN DRIVE FAQs

What would the monthly payment be for 4313 GEORGETOWN DRIVE?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,050/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 4313 GEORGETOWN DRIVE?+

The most recent tax bill on record (2025) was $3,700. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Orlando?+

At $249,900, this home is listed about 36% below the Orlando median of $390,000. The market section on this page shows how the area is trending.

Which schools are assigned to 4313 GEORGETOWN DRIVE?+

Rock Lake Elementary (elementary), Carver Middle (middle), Jones High (high) — Orange County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of EXP REALTY LLC · Yogi Ganeshram. MLS #O6408740.

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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