CENTURY 21 Edge
$1,075,0005 bd4.5 ba4,482 sqft$240 /sqft$7,533 /mo all-in ↓

5240 ALLEMAN DRIVE, ORLANDO, FL, 32809

Active7 days on marketListed Aug 27, 2026MLS #O6435912

Single Family ResidenceOAK LYNN PLACE

About this home

5240 ALLEMAN DRIVE

Offering approximately 4,482 square feet of total living space, this distinctive property features a 3,609-square-foot main residence with 4 bedrooms, 3.5 baths and a dedicated home office, plus a spacious detached 1 bedroom, 1 bath guest house, ideal for multigenerational living, extended-stay guests or additional private space. Set on a half-acre corner lot across the street from Little Lake Conway, the property also includes a fully fenced backyard, workshop and rare unfinished basement. A circular driveway, stately columns, mature trees and classic architecture create beautiful curb appeal. Inside, an abundance of natural light gives the home a bright and inviting feel while highlighting the architectural details that make it so special, including refinished hardwood floors, soaring ceilings, crown molding and custom millwork. Step through the front door and a beautiful staircase anchors the entry. To the left, the large formal living room features a wood-burning fireplace. Just beyond is the sunroom, where a wet bar with two wine refrigerators and access to the backyard creates another great space for entertaining. To the right of the entry, the generous formal dining room provides plenty of space for dinner parties and holiday gatherings. From there, continue into the gorgeous upgraded kitchen, featuring imported marble countertops, soft-close cabinetry and ZLINE stainless steel appliances, including a 36-inch dual-fuel commercial-style six-burner range, pot filler and vent hood. There’s also an adjoining breakfast area, offering additional built-in storage and display space. Also on the first floor is a dedicated home office with custom oak built-in bookshelves, providing a private workspace separate from the bedrooms and main gathering spaces. Upstairs, the split-bedroom floor plan provides excellent privacy. The spacious primary suite features high ceilings, a second wood-burning fireplace and an upgraded ensuite bath. An adjoining bedroom with its own ensuite bath offers even more flexibility and could serve as a guest suite, dressing room, second office or expanded primary retreat. On the opposite side of the second floor are two additional bedrooms and another upgraded full bath with a walk-in shower. The upstairs also includes a convenient laundry area, plus a separate built-in desk area for work or study. Back downstairs, step outside to the pavered patio and fully fenced backyard. The half-acre lot provides plenty of green space for outdoor entertaining, pets, gardening and play. Adding even more versatility is the detached 1 bedroom, 1 bath guest house, with an oversized living area, upgraded bath and laundry hookups. An adjacent workshop with a separate entrance provides additional room for storage, hobbies and projects. The main residence also features an unfinished basement, an especially rare find in Central Florida. Use it for additional storage or something entirely your own. This property has also benefited from meaningful improvements, including a 2021 shingle roof, 2021 dual-pane Low-E windows, 2019 HVAC in the main house, complete repiping, tankless water heater, and spray foam insulation. Conveniently located in the Belle Isle area with easy access to Downtown Orlando, Orlando International Airport, shopping, dining and more! This special property truly needs to be experienced in person! Schedule your showing to see this incredible home today!

Facts & features

The home at a glance

5

Bedrooms

4.5

Bathrooms

4,482

Sqft

0.49 ac

Lot size

1930

Year built

Two

Levels

$240

Per sqft

FireplacePets allowed

Inside

FlooringLuxury Vinyl · Porcelain Tile · Hardwood
AppliancesBar Fridge · Dishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Range Hood · Refrigerator · Washer · Wine Refrigerator
InteriorBuilt-in Features · Ceiling Fan(s) · Crown Molding · Dry Bar · Eating Space In Kitchen · High Ceilings · PrimaryBedroom Upstairs · Solid Surface Counters · Solid Wood Cabinets · Split Bedroom · Stone Counters · Thermostat · Walk-In Closet(s) · Wet Bar
LaundryInside · Laundry Room · Upper Level
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionVinyl Siding
FoundationBasement · Crawlspace · Slab
FacesNorth
ParkingCircular Driveway · Covered · Driveway · Guest · On Street
ExteriorFrench Doors · Lighting · Private Yard · Storage

Community & fees

Taxes (2025)$14,025/yr
PetsYes

Utilities & systems

UtilitiesCable Available · Electricity Connected · Public · Water Connected
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.

$7,533 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,801
PMI (est., until 20% equity)$403
Property tax — 2025 actual bill$1,169
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $107,500Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

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

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $107,500
Interest rate6.00%
Loan term

Estimated payment

$7,533/mo

Principal & interest$5,801
PMI (est., until 20% equity)$403
Property taxes (actual bill)$1,169
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. 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.

$/sqft vs Orlando actives

$240 vs $250

Days on market

7 vs 42 typical

Where $240/sqft sits among the 400 Orlando actives

101
118 · this home
108
33
13
27
$144–200$200–257$257–313$313–369$369–426$426+

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 Oak Lynn

Drive times from this address

Downtown Orlando8 min
Orlando Int’l Airport (MCO)16 min
Universal Orlando19 min
Walt Disney World29 min

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

Get to know Orlando. See the full Orlando guide →

Oak Lynn — neighborhood snapshot

Population

302

Median age

50

Median income

$76,538

Median home value

$419,800

Avg household

2

Households w/ children

39%

For the school run

Orange County School District

ElementaryPershing School★★★★★
HighOak Ridge High★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Orlando market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$400K$395K

Orlando median sold, yr/yr

97.0%

Sale-to-list ratio (12 mo)

216 of 400

Orlando actives have cut their price

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

This home is listed 564% above the ORLANDO 32809 median. See the full Orlando market guide →

Paper trail

This home's history

Aug 27, 2026Listed at $1,075,000 · 7 days on market since
1930Built · OAK LYNN PLACE

Reality check

What actually sold near 5240 ALLEMAN DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5475 LAKE JESSAMINE DRIVESold · Jul ’26

$1,575,000

5475 LAKE JESSAMINE DRIVE

4 bd · 3.5 ba · 4,388 sqft · $359/sqft · 18 DOM

1448 CONWAY ISLE CIRCLESold · Sep ’25

$960,000

1448 CONWAY ISLE CIRCLE

4 bd · 4.5 ba · 4,367 sqft · $220/sqft · 118 DOM

5210 OAK ISLAND ROADSold · May ’26

$2,995,000

5210 OAK ISLAND ROAD

4 bd · 3 ba · 4,257 sqft · $704/sqft · 13 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

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.

Jasmine Ince

Your agent

Jasmine Ince

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 5240 ALLEMAN 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 5240 ALLEMAN DRIVE — before you fall in love.

See it in person

Schedule a tour

Live availability from Jasmine's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

5240 ALLEMAN DRIVE FAQs

What would the monthly payment be for 5240 ALLEMAN DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,533/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 5240 ALLEMAN DRIVE?+

The most recent tax bill on record (2025) was $14,025. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 5240 ALLEMAN DRIVE?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

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

At $1,075,000, this home is listed about 179% above the Orlando median of $385,250. The market section on this page shows how the area is trending.

Which schools are assigned to 5240 ALLEMAN DRIVE?+

Pershing School (elementary), Oak Ridge High (high) — Orange County School District. Always verify school assignments with the district before relying on them.

Listing courtesy of MAINFRAME REAL ESTATE · Beth Hobart. MLS #O6435912.

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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