Rare opportunity to purchase vacant lakefront land at the heart of Dr. Phillips in Orlando! This exceptional half-acre property features over 90 feet of direct frontage on the serene, spring-fed Palm Lake. With unobstructed views, it is a perfect place to build your dream home. Palm Lake is ideal for kayaking, paddle boarding, and bass fishing. Nestled on a quiet residential cul-de-sac in the established Palm Lake Manor community, this lot requires no clearing and is ready for construction—plus, there’s no HOA to worry about, so bring your custom home design and imagine the possibilities. The current seller has outlined plans proposing a single-story home up to 4,500 sqft. Enjoy the peace and quiet of the neighborhood, surrounded by other beautiful homes. Conveniently located just minutes from Bay Hill Club and Lodge, Universal Studios, Islands of Adventure, Volcano Bay, Sand Lake Road’s restaurant row, International Drive, and downtown Windermere. Don’t miss this chance to buy your piece of lakefront land in Dr. Phillips Florida!
Property Details
Property Features
Listing Office:
Office Name: ALIGN REAL ESTATE LLC
Office Phone: (305) 389-2922
Listing Agent: Tiffany Pantozzi
Exterior Features
Exterior Information:
View: Water
Lot Features
Lot Information:
Lot: Cleared, Cul-De-Sac, Near Golf Course, Near Marina, Paved
Lot Size: 0.53 Acres
Other
Directions Information:
Directions: Head South on Apopka Vineland Rd, Left on Palm Lake Drive, Right on Palm Lake Circle, Property on Left
Price Information
Listing Price Info
Price Summary:
List Price: $687,000
Tax Information:
Annual Amount: $5,045
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Orlando, FL.
This property is $293K more than the Median Sold Price in Orlando, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #O6255990
Listing Office:
Office Name: ALIGN REAL ESTATE LLC
Office Phone: (305) 389-2922
Listing Agent: Tiffany Pantozzi
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$5,045
$335,698
2018
$5,756
$332,810
2017
$264
$320,099
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Palm Lake Elementary School
8000 Pin Oak Dr
Distance between this listing and this school0.60 miles
Public District Grades KG-5
7
/10
Dr. Phillips Elementary School
6909 Dr Phillips Blvd
Distance between this listing and this school1.19 miles
Public District Grades KG-5
8
/10
Bay Meadows Elementary School
9150 S Apopka Vineland Rd
Distance between this listing and this school2.94 miles
Public District Grades KG-5
Nearby Schools
4
/10
Southwest Middle School
6450 Dr Phillips Blvd
Distance between this listing and this school0.62 miles
Public District Grades 6-8
2
/10
Chain of Lakes Middle School
8700 Conroy Windermere Rd
Distance between this listing and this school1.15 miles
Public District Grades 6-8
7
/10
Windy Ridge School
3900 Beech Tree Dr
Distance between this listing and this school1.80 miles
Public District Grades KG-8
Nearby Schools
4
/10
Dr. Phillips High School
6500 Turkey Lake Rd
Distance between this listing and this school1.43 miles
Public Magnet Grades 9-12
4
/10
Olympia High School
4301 S Apopka Vineland Rd
Distance between this listing and this school1.56 miles
Public District Grades 9-12
4
/10
Universal Education Center
1000 Universal Studios Plz
Distance between this listing and this school1.69 miles
The neighbors living near this home have an average income of $113,500. Most Orlando, FL residents have annual incomes between $100k-200k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Orlando, FL
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The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare services are comprehensive, with several hospitals and clinics offering a variety of specialized care. The city also features a network of public libraries and a rich assortment of retail and dining options that showcase the local culture. Orlando continuously adapts its services to meet the evolving needs of its growing population.
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Frequently Asked Questions About 5588 Palm Lake Cir
What is the listing price of this property?
The listing price of 5588 Palm Lake Cir property is $687,000.
What type of property is this?
The property 5588 Palm Lake Cir is land located in Orlando, Florida, 32819.
Is this property for sale now?
Active Listing: 5588 Palm Lake Cir is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,045 (source: MLS/based on county public records data).
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This home is located at 5588 Palm Lake Cir in Orlando, FL and zip code 32819. This home sits on a 0.53 acre lot. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $687,000.
In November 2024 more than 79 listings in Orlando, FL were sold above the asking price. During the same period more than 118 listings were sold at asking price, while more than 374 were sold below. The number of listings in Orlando, FL increased by 1.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 56 days, the median list price was $393,946.
From Rocket Homes Real Estate and based on county public records data.