NOT LISTED FOR SALE

Estimated Value: $2,765,000 - $3,500,834

1.09 Acres
$2,973,038 Price per Acre
47,480 Sq Ft Lot

Last Sold June 19, 2020

Last sale price $2,050,000

Est. 58% increase in value since last sale

Current estimated payment $21,250/month

99 Days on Market

Highlights

  • 172 Feet of Chain of Lakes Waterfront
  • Gated Community
  • 1.09 Acre Lot
  • Dr. Phillips Elementary School Rated A-
  • Chain Of Lake Views
  • Wooded Lot

About This Lot

As of June 2020

UNPRECEDENTED WESTERN EXPOSURE VIEWS - 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

Julie Bettosini

STOCKWORTH REALTY GROUP License #701035 Listed on: 02/12/2020

Last Buyer's Agent

Cristina Ireland

DENIZ REALTY PARTNERS LLC License #3414332

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,216

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 97.60x138.93x172.12x222.67
  • 172 Feet of Chain of Lakes Waterfront
  • Lake Front
  • Property fronts a private road
  • East Facing Home
  • Oversized Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-1AA/SINGLE FAMILY RESID

HOA Fees

  • $1,051 Monthly HOA Fees

Property Views

  • Chain Of Lake Views

Schools

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

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 28-23-28-1195-00-060

Community Details

Overview

  • Association fees include 24-Hour Guard
  • Carmel By The Lake Homeowners Association Inc Association
  • Visit Association Website
  • Carmel By The Lake Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Recreation

  • Access To Chain Of Lakes
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$36,216

Lot Details

0

HOA Fees

$1,051 per month

Listing Details

  • HOA Fee Includes: Guard - 24 Hour
  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 1.09
  • Lot Size Sq Ft: 47652
  • Directions to Property: From I4 take exit 74A for FL-482/Sand Lake Rd toward International Dr, Go West on Sand Lake Rd, Turn right onto S Apopka Vineland Rd. Turn left onto Bay Hill Blvd. Turn right onto Masters Blvd. Turn left onto Hubbard Pl. Continue straight onto Houston Pl
  • Status: Sold
  • Ownership: Fee Simple
  • List Office Head Office Key Nume: 1049490
  • RATIO Current Price By Calculate: 43.02
  • Total Acreage: One + to Two Acres
  • Water Access YN: 1
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 7010

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: Private Road
  • Water Body Name: LAKE TIBET
  • Waterfront: Yes
  • Disclosures: HOA/PUD/Condo Disclosure, Land Sales Disclosure
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Skiing Allowed
  • Water Extras YN: 1
  • Water View: Lake - Chain of Lakes
  • Water View YN: 1
  • Waterfront Feet Total: 172
  • Price Per Acre: 1880734
  • Water Frontage Feet Lake Chain: 172

Utilities

  • Utilities: Electricity Available, Other, Water Available
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Waterfront
  • Association Amenities: Gated
  • Association Fee: 3152.23
  • Association Fee Frequency: Quarterly
  • Association Name: Carmel By The Lake Homeowners Association INC
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required
  • Association URL: Www.carmelorlando.com

Fee Information

  • Total Annual Fees: 12608.92
  • Total Monthly Fees: 1050.74
  • Monthly HOA Amount: 1050.74

Schools

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

Lot Info

  • Zoning: R-1AA/SINGLE FAMILY RESID
  • Parcel Number: 28-23-28-1195-00-060
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Level, Oversized Lot, Room For Pool
  • Lot Dimensions: 97.60x138.93x172.12x222.67
  • Flood Zone Code: x
  • Lot Size Square Meters: 4427
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Block: 00
  • Tax Book Number: 102/111
  • Tax Lot: 006

Multi Family

  • Waterfront Features: Lake

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2020 09/17/20 Off Market $2,050,000 -- --
06/19/2020 06/19/20 Sold $2,050,000 0.0% --
05/21/2020 05/21/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $2,050,000 -- --
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 $36,216 $2,300,000 $2,300,000 --
2024 $32,749 $2,300,000 $2,300,000 --
2023 $32,749 $2,300,000 $2,300,000 $0
2022 $27,654 $1,750,000 $1,750,000 $0
2021 $28,183 $1,750,000 $1,750,000 $0
2020 $13,394 $825,000 $825,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5841451

Stellar MLS

APN: 28-2328-1195-00-060