NOT LISTED FOR SALE

Estimated Value: $3,071,437 - $3,922,000

1.09 Acres
$3,079,950 Price per Acre
47,480 Sq Ft Lot

Last Sold April 13, 2022

Last sale price $2,695,000

Est. 25% increase in value since last sale

Current estimated payment $21,888/month

Highlights

  • 308 Feet of Waterfront
  • Oak Trees
  • Lake View
  • Dr. Phillips Elementary School Rated A-
  • Gated Community
  • 1.09 Acre Lot

About This Lot

As of April 2022

LAKEFRONT LOT WITHIN THE ULTRA-LUXURY COMMUNITY OF CARMEL. A true gem among the Butler Chain of Lakes, this pristine lakefront lot is 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 gated enclave of Carmel consists of 11 estate lots nestled behind the gates of the Tibet Pointe section of Arnold Palmer's Bay Hill. With its western exposure and sandy beaches, this amazing community offers incomparable lakefront living.

Last Agent to Sell the Property

Julie Bettosini

STOCKWORTH REALTY GROUP License #701035 Listed on: 04/13/2022

Last Buyer's Agent

Michael Julian

JULIAN PROPERTIES, INC. License #641125

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,183

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 153.76x248.15x152x209
  • 308 Feet of Waterfront
  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • Property fronts a private road
  • East Facing Home
  • Oversized Lot
  • Level Lot
  • Street paved with bricks
  • Cleared Lot
  • Oak Trees
  • Property is zoned R-1AA/SINGLE FAMILY RESID

HOA Fees

  • $535 Monthly HOA Fees

Schools

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

Additional Features

  • Chain Of Lake Views
  • Property is near a golf course
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 28-23-28-1195-00-090

Community Details

Overview

  • Association fees include private road
  • Carmel By The Lake Homeowners Association Inc Association
  • Visit Association Website
  • Carmel By The Lake Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Security

  • Gated Community

Recreation

  • Access To Chain Of Lakes
  • Access To Lake
  • Property is near a marina
  • Water Skiing Allowed

Property Details

Property Type

Land

Est. Annual Taxes

$28,183

Lot Details

0

HOA Fees

$535 per month

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Land
  • Lot Size Acres: 1.09
  • Lot Size Sq Ft: 47602
  • 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, then left onto Carmel Way and the property will be on the right.
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 56.62
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 7028

Exterior Features

  • Direction Faces: East
  • Road Frontage Type: Private Road
  • Water Body Name: Lake Tibet - Butler Chain
  • Waterfront: Yes
  • Road Surface Type: Street Brick
  • Water View: Lake, Lake - Chain of Lakes
  • Water Access: Lake, Lake - Chain of Lakes
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Front Footage: 152
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 308
  • Water Frontage Feet Lake: 154
  • Water Frontage Feet Lake Chain: 154

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Public, Sewer Available, Street Lights, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf Carts OK, Waterfront
  • Association Amenities: Gated
  • Association Fee: 6421.99
  • Association Fee Frequency: Annually
  • Association Name: Carmel By The Lake Homeowners Association INC
  • Association: Yes
  • Security: Gated Community
  • Association Website: Www.carmelorlando.com
  • Association Email: lisa@unicorp.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 6421.99
  • Monthly HOA Fee: 535.17
  • Total Monthly Fees: 535.17

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: 28-23-28-1195-00-090
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Cleared, In County, Level, Near Golf Course, Near Marina, Oversized Lot, Room For Pool
  • Lot Dimensions: 153.76x248.15x152x209
  • Price Per Acre: 2472477
  • Flood Zone Code: x
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: BUYER TO VERIFY WITH HOA/COUNTY

Tax Info

  • Tax Annual Amount: 28182.89
  • Tax Block: 00
  • Tax Book Number: 102/111
  • Tax Lot: 009

Multi Family

  • Waterfront Features: Lake, Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
Apr 12, 2022
Sold by
Rjj Carmel Llc
Bought by
Negron Felix A Serrano and Serrano Minerva C
Seller's Agent
Julie Bettosini
STOCKWORTH REALTY GROUP
Buyer's Agent
Michael Julian
JULIAN PROPERTIES, INC.
List Price
$2,695,000
Sold Price
$2,695,000
Current Estimated Value
$3,357,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,146
Avg. Annual Appreciation
6.54%

Purchase Details

Closed on
Sep 15, 2021
Sold by
Biki Holdings Llc
Bought by
Rjj Carmel Llc
Source: Public Records

Range of Values:

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Average Value
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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
Negron Felix A Serrano $2,695,000 None Listed On Document
Rjj Carmel Llc $2,100,000 The Closing Agent Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $2,695,000 0.0% --
04/13/2022 04/13/22 For Sale $2,695,000 -- --
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 $42,651 $2,600,000 $2,600,000 --
2024 $40,980 $2,600,000 $2,600,000 --
2023 $40,980 $2,600,000 $2,600,000 $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: O6017280

Stellar MLS

APN: 28-2328-1195-00-090