8948 EXPLORATION AVENUE, ORLANDO, FL, 32832
Active7 days on marketListed Oct 3, 2026MLS #S5158801
About this home
8948 EXPLORATION AVENUE
Welcome to this beautifully updated home in Meridian Parks, one of the Lake Nona area’s newest communities, designed around modern living, outdoor spaces, and connectivity. This stunning two-story home offers nearly 2,000 square feet of thoughtfully designed living space with 3 bedrooms, 2.5 bathrooms, an upstairs loft, and flexible spaces for today's lifestyle. Step inside to beautiful luxury vinyl plank flooring and an open-concept main level designed for both everyday living and entertaining. The kitchen flows seamlessly into the dining and living areas and features Level 4 cabinetry, granite countertops, upgraded appliances. A versatile first-floor flex room currently serves as a playroom but can easily become a home office, study, or additional living space. Upstairs, the spacious loft provides even more flexibility for a media room, office, or second family room. Outdoor living is a standout feature of this home. Step onto the expansive 40' x 10' covered lanai overlooking a lush, fully fenced backyard with plenty of space to relax, entertain, and enjoy the Florida lifestyle. Additional upgrades include 8-foot doors, 9-foot ceilings upstairs, a remodeled downstairs bathroom, automated roll-out shades, upgraded railings, and an epoxy-finished garage floor. Conveniently located near SR 417 and SR 528 with easy access to Orlando International Airport, the Orlando VA Medical Center, Lake Nona Medical City, shopping, dining, recreation, and more...
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
2,012
Sqft
0.14 ac
Lot size
2
Garage
2020
Year built
Two
Levels
$318
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,885 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
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
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,885/mo
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.
vs edgeAI estimate
+30.5%
$/sqft vs Orlando actives
$318 vs $237
Days on market
7 vs 66 typical
Where $318/sqft sits among the 400 Orlando actives
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 Starwood
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
Starwood — neighborhood snapshot
Population
77
Median age
34
Median income
$109,329
Median home value
$441,500
Avg household
3
Households w/ children
31%
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $395K
Orlando median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
197 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 57% above the ORLANDO 32832 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 8948 EXPLORATION AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$408,000
11956 LANDING POINT LOOP · same community
3 bd · 2.5 ba · 1,779 sqft · $229/sqft · 29 DOM
Sold · Sep ’26$470,000
9008 EXPLORATION AVENUE · same community
3 bd · 2 ba · 1,767 sqft · $266/sqft · 41 DOM
Sold · Mar ’26$835,000
9406 LAUNCH POINT ROAD · same community
5 bd · 3.5 ba · 3,253 sqft · $257/sqft · 8 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.
Your agent
Pedro Ribeiro Gloria
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8948 EXPLORATION AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8948 EXPLORATION AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Pedro's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8948 EXPLORATION AVENUE FAQs
What would the monthly payment be for 8948 EXPLORATION AVENUE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,885/mo — principal and interest, the actual property-tax bill, the $156/mo association fee 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.
How much are the HOA fees at 8948 EXPLORATION AVENUE?+
The association fee works out to $156 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 8948 EXPLORATION AVENUE?+
The most recent tax bill on record (2025) was $10,519. 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 8948 EXPLORATION AVENUE?+
The listing reports pets: Breed Restrictions. 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 $639,900, this home is listed about 68% above the Orlando median of $380,000. The market section on this page shows how the area is trending.
Which schools are assigned to 8948 EXPLORATION AVENUE?+
Sun Blaze Elementary (elementary), Innovation Middle (middle), Lake Nona High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$639,900 runs 57% above the ORLANDO 32832 median — but at 2,012 sqft it's also 29% larger than the typical Orlando listing.
02Fresh on the market
Only 7 days on market in a Orlando market that averages 66 — if it fits, move quickly.
03Strong assigned schools
Sun Blaze Elementary, Innovation Middle, Lake Nona High — Sun Blaze Elementary rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of DEAL MAKERS REALTY TEAM CORP · Maria Pagan. MLS #S5158801.
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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