Active

$249,900

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1759 sq ft
Overview
  • ID: MFRO6408740
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1759 sq ft
Property Details
Remarks
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.
Financial Considerations
Price:
$249,900
HOA Fee:
N/A
Tax Amount:
$3700
Price per SqFt:
$142.07
Tax Legal Description:
COLONY COVE 1/24 LOT 37 BLK A
Exterior Features
Lot Size:
7067
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
None
Furnished:
Yes
Floor:
Other
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1968
Construction Type:
Block, Concrete
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
Northwest
Pets Allowed:
No
Special Condition:
None
Additional Features:
None
Additional Features 2:
N/A
Map
  • Address
    4313 GEORGETOWN DR
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