$420,000

Estimated payment $2,740/month

Total Views 4,034
3 Beds
2 Baths
1,852 Sq Ft
$227 Price per Sq Ft

Highlights

  • In Ground Pool
  • 2 Car Attached Garage
  • Laundry Room
  • High Ceiling
  • Living Room
  • Tile Flooring

About This Home

Pool Home Just Minutes from Disney & Margaritaville!
Welcome to 2823 Drifting Lilly Loop, a 3-bedroom, 2-bathroom pool home located in the highly sought-after Oak Island Cove community—just 3 miles from Walt Disney World and the vibrant Margaritaville Resort. Whether you're searching for a primary residence, investment opportunity, or a high-performing short-term rental, this home checks all the boxes.
Step inside to an impressive foyer that opens into a bright, airy living space with vaulted ceilings, ceramic tile flooring, and an abundance of natural light. The open-concept kitchen, dining, and living room create the perfect layout for entertaining or relaxing with family.
The spacious primary suite offers private pool access, a walk-in closet, and a luxurious en-suite bathroom featuring a spa/jacuzzi tub. Two additional bedrooms are thoughtfully situated on the opposite side of the home, ensuring privacy for guests or family, and are served by a full guest bath.
Sliding glass doors lead out to your private oasis—a covered lanai and screen-enclosed heated pool and spa with an extended deck, ideal for year-round enjoyment.
Highlights Include: Roof to be replaced prior to closing, Newer AC system & pool pump, & Low HOA fees,
Located just off Highway 192, you’re minutes from world-class shopping, dining, and entertainment at Sunset Walk, plus easy access to major highways and all of Central Florida’s top attractions. With new developments and attractions continually emerging, this home puts you at the center of it all.

Listing Agent

TJ Connor

PREMIUM PROPERTIES REAL ESTATE Brokerage Phone: 407-380-2800 License #3332191 Listed on: 07/17/2025

PREMIUM PROPERTIES REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 1997

Lot Details

  • 7,231 Sq Ft Lot
  • West Facing Home
  • Irrigation Equipment
  • Property is zoned OPUD

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • Extreme Management Team/Josh Rankin Association, Phone Number (352) 366-0234
  • Visit Association Website
  • Oak Island Harbor At Formosa Gardens Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,179

Year Built

Built in 1997

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1852
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 2440
  • Lot Size Sq Ft: 7231
  • Directions to Property: 192 west to Right on Formosa Gardens Blvd., Right on Formosa Drive, first left on Drifting Lilly Loop.
  • Status: Active
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32801
  • Escrow State: FL
  • Escrow Street Name: E Robinson St ste 670
  • Escrow Street Number: 605
  • List Office Head Office Key Nume: 1051628
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 226.78
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-380-2800
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Thermostat
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: Yes
  • Stories: 1
  • Street Number Modifier: 2823
  • Living Area Meters: 172.06
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Other, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1080
  • Association Fee Frequency: Annually
  • Association Name: Extreme Management Team/Josh Rankin
  • Phone: 352-366-0234
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer to verify all pet restrictions
  • Association Fee Requirement: Required
  • Association Email: josh@hoaemt.com
  • Association URL: hoaemt.com

Fee Information

  • Total Annual Fees: 1080.00
  • Total Monthly Fees: 90.00
  • Monthly HOA Amount: 90.00

Lot Info

  • Zoning: OPUD
  • Parcel Number: 09-25-27-4457-0001-0290
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 672

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify all lease restrictions

Tax Info

  • Tax Annual Amount: 5179.07
  • Tax Block: 1
  • Tax Book Number: 7-72-75
  • Tax Lot: 29

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,018 $385,600 $89,200 $296,400
2023 $5,018 $267,289 $0 $0
2022 $4,212 $286,500 $47,200 $239,300
2021 $3,742 $220,900 $36,800 $184,100
2020 $2,694 $188,646 $0 $0
2019 $2,651 $184,405 $0 $0
2018 $2,551 $180,967 $0 $0
2017 $2,546 $177,245 $0 $0
2016 $2,510 $173,600 $0 $0
2015 $2,914 $164,400 $25,200 $139,200
2014 $2,576 $137,500 $25,200 $112,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $420,000 0.0% $227 / Sq Ft
06/09/2021 06/09/21 Rented $2,100 0.0% --
06/06/2021 06/06/21 Under Contract -- -- --
06/01/2021 06/01/21 For Rent $2,100 +16.7% --
06/15/2020 06/15/20 Rented $1,800 0.0% --
06/02/2020 06/02/20 For Rent $1,800 0.0% --
12/05/2019 12/05/19 Rented $1,800 0.0% --
12/03/2019 12/03/19 Under Contract -- -- --
11/19/2019 11/19/19 For Rent $1,800 0.0% --
11/19/2019 11/19/19 Under Contract -- -- --
09/25/2019 09/25/19 For Rent $1,800 -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $199,900 --
Warranty Deed $156,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 New Conventional
Source: Public Records

Source: Stellar MLS

MLS Number: S5131113

Stellar MLS

APN: 09-25-27-4457-0001-0290