NOT LISTED FOR SALE

Estimated Value: $3,066,000 - $3,835,000

0.57 Acre
$6,120,214 Price per Acre
24,829 Sq Ft Lot

Last Sold April 10, 2020

Last sale price $850,000

Est. 310% increase in value since last sale

Current estimated payment $22,135/month

Highlights

  • Access To Chain Of Lakes
  • Boat Slip Deeded
  • Fenced
  • Dr. Phillips Elementary School Rated A-
  • Gated Community
  • Heating Available

About This Lot

As of April 2020

Only 4 waterfront lots and 3 interior lots (with deeded boat slips) remain in the exclusive, ultra-luxury community of Carmel. Ideally located in southwest Orlando, in the heart of Dr. Phillips, just a boat ride away from Isleworth Golf & Country Club and minutes from award-winning restaurants, retail shopping, major roads, and local area theme parks. Tucked away, this 24 hour "virtual" guard-gated enclave of Carmel consists of 11 estate lots nestled behind the gates of the Tibet Pointe section of Arnold Palmer's Bay Hill Club & Lodge. With its western exposure and sandy beaches, this amazing community offers the ultimate in lakefront living. Minimum square footage requirement on lakefront lots is 5,000 square feet. Come fall in love with Carmel and design your dream home today!

Last Agent to Sell the Property

Stellar Non-Member Agent

Stellar Non-Member Office Listed on: 04/10/2020

Stellar Non-Member Office

Last Buyer's Agent

Julie Bettosini

STOCKWORTH REALTY GROUP License #701035

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,062

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 82x121.5x298.88x162.89
  • Southwest Facing Home
  • Fenced
  • Cleared Lot
  • Property is zoned R-1AA

HOA Fees

  • $831 Monthly HOA Fees

Schools

  • Dommerich Elementary School
  • Southwest Middle School
  • Dr. Phillips High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 004
  • Assessor Parcel Number 28-23-28-1195-00-040

Community Details

Overview

  • Association fees include 24-hour guard
  • Bay Hill Property Owners Association, Inc. Association
  • Carmel Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Recreation

  • Access To Chain Of Lakes
  • Access To Lake
  • Water Skiing Allowed
  • Boat Slip Deeded

Property Details

Property Type

Land

Est. Annual Taxes

$2,062

Lot Details

0

HOA Fees

$831 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard
  • Property Type: Land
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24882
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 34.16
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Other
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 7005

Exterior Features

  • Direction Faces: Southwest
  • Water Body Name: Lake Tibet - Butler Chain
  • Waterfront: No
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Dock - Slip Deeded On-Site, Skiing Allowed
  • Water View Y N: No
  • Front Footage: 82
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Other, Water Available
  • Sewer: None
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Fee: 2493.03
  • Association Fee Frequency: Quarterly
  • Association Name: Bay Hill Property Owners Association, Inc.
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 9972.12
  • Monthly HOA Fee: 831.01
  • Total Monthly Fees: 831.01

Schools

  • Elementary School: Dommerich Elem
  • High School: Dr. Phillips High
  • Middle Or Junior School: Southwest Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 28-23-28-1195-00-040
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Boundary Fencing
  • Lot Features: Buildable, Cleared, In County
  • Lot Dimensions: 82X121.5X298.88X162.89
  • Price Per Acre: 1491228
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 2062
  • Tax Block: 00
  • Tax Book Number: 102/111
  • Tax Lot: 004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2024
Sold by
Berman Erica
Bought by
Oscar Dolce Llc
Current Estimated Value
$3,488,522

Purchase Details

Listed on
Apr 10, 2020
Closed on
Apr 9, 2020
Sold by
Carmel By The Lake Llc
Bought by
Berman Erica
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Julie Bettosini
STOCKWORTH REALTY GROUP
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.27%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Oscar Dolce Llc $100 None Listed On Document
Berman Erica $850,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2020 04/17/20 For Sale $850,000 0.0% --
04/15/2020 04/15/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $850,000 0.0% --
04/10/2020 04/10/20 Sold $850,000 0.0% --
04/10/2020 04/10/20 For Sale $850,000 0.0% --
04/09/2020 04/09/20 Sold $850,000 -- -- View Prior Sale
12/12/2019 12/12/19 Pending -- -- --
Source: Stellar MLS

Tax History Compared to Growth

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
2025 $33,706 $2,692,230 $900,000 $1,792,230
2024 $14,868 $2,607,430 $900,000 $1,707,430
2023 $14,868 $1,538,107 $900,000 $638,107
2022 $7,491 $457,598 $125,000 $332,598
2021 $2,013 $125,000 $125,000 $0
2020 $2,029 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J913254

Stellar MLS

APN: 28-2328-1195-00-040