News Summary
Orlando’s real estate activity significantly increased from August 4 to 10, 2023, with several prominent residential sales. A luxury home at 9202 Bay Point Drive sold for $4.5 million, leading the week, while other notable transactions included homes and condominiums in varying price ranges. The competitive market demonstrated a fast pace of sales, underscoring the growing demand for properties in the Dr. Phillips community. Overall, this period highlights the vibrancy and desirability of Orlando’s residential real estate sector.
Orlando experienced a significant uptick in real estate activity from August 4 to 10, 2023, highlighted by several notable residential sales. The highest sale of the week was a luxurious home at 9202 Bay Point Drive, which went for $4,500,000 on August 6. This spacious property boasts 5 bedrooms, 6.5 baths, and a generous 8,844 square feet of living space, making it an attractive option for buyers looking for high-end accommodations.
In addition to the top sale, the residential market saw other significant transactions. Another notable sale was at 9210 Southern Breeze Drive, which sold for $1,600,000 on the same day. This home features 5 bedrooms, 4 baths, and has 4,350 square feet of space. It remained on the market for 228 days before selling.
On August 8, 8017 Chilton Drive also made headlines with a sale price of $1,400,000. This home has 7 bedrooms and 6.5 baths within its 5,263 square feet. Remarkably, it spent just 57 days on the market, showing a swift transaction in the competitive Dr. Phillips real estate landscape.
The week also witnessed a range of both residential homes and condominiums selling at various price points. For example, a condominium at 7532 Bay Port Road, No. 18 sold for $345,000 on August 8, offering 3 bedrooms and 2 baths in 1,808 square feet, with a market presence of 150 days.
A smaller condo at 5083 Eaglesmere Drive, Unit A12 was sold for $160,000, making it one of the more affordable options on the list. This property has 1 bedroom and 1 bath and was on the market for a mere 12 days.
Additional significant sales included 5882 Marlberry Drive, which was sold for $600,000 on August 4 and had 4 bedrooms and 2 baths across a living area of 1,934 square feet. This property was listed for 16 days.
Another notable transaction is the sale of 5008 Vanguard St., which sold on August 4 for $294,449. This home had 3 bedrooms and 2 baths and made waves in the market with only 3 days on the market.
Overall, the real estate activity in Dr. Phillips showcases a diverse range of properties catering to various buyers, from expansive luxury homes to more modest condominiums. The market’s competitiveness is evident, with many properties selling within days of being listed.
This period reflects the ongoing vitality of Orlando’s residential real estate environment. With numerous properties exchanging hands, many potential homeowners are actively seeking their ideal living spaces in this region.
As the week concluded, the diversity in residential sales paints an encouraging picture of the real estate landscape in Dr. Phillips, indicating a strong demand for properties within the community. This activity reinforces the area’s reputation as a desirable location for residential investments and family living.
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Additional Resources
- Orange Observer: Bay Point Home Tops Dr. Phillips Sales
- Orange Observer: South Bay Home Tops Dr. Phillips Sales
- GrowthSpotter: Dr. Phillips Charities Breaks Ground
- Orange Observer: Lakeside Estate Tops Dr. Phillips Sales
- Wikipedia: Real Estate
Author: STAFF HERE ORLANDO WRITER
ORLANDO STAFF WRITER The ORLANDO STAFF WRITER represents the experienced team at HEREOrlando.com, your go-to source for actionable local news and information in Orlando, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Orlando International Fringe Theatre Festival, Megacon Orlando, and Central Florida Fair. Our coverage extends to key organizations like the Orlando Economic Partnership and Hispanic Chamber of Commerce Metro Orlando, plus leading businesses in leisure and hospitality that power the local economy such as Walt Disney World Resort, AdventHealth, and Universal Orlando. As part of the broader HERE network, including HEREJacksonville.com, HEREPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
