News Summary
A luxury home at 8460 Karwick St. in Dr. Phillips sold for $1,800,000, marking it as the highest transaction of the week. With 5,337 square feet, the property boasts six bedrooms and five-and-one-half baths. The sale reflects ongoing demand for high-value homes in the area. Other significant sales include homes at Via Bella Notte and Citron Oaks Drive, demonstrating a diverse real estate market appealing to various buyers.
Orlando, Florida – A luxurious home located at 8460 Karwick St. has made headlines by selling for $1,800,000, leading the Dr. Phillips residential real estate transactions for the week of June 16 to 22. This sale, finalized on June 20, highlights the ongoing demand in the local real estate market.
The Parkside home, built in 2015, offers an impressive living space of 5,337 square feet, featuring six bedrooms and five-and-one-half baths. This sale represents the highest price among real estate transactions in Dr. Phillips during the specified week, underscoring a trend of high-value properties in the area.
In addition to the Parkside home, several other properties also saw notable transactions during this period:
- A residence at 8539 Via Bella Notte sold for $515,000 on June 20. This property, built in 2003, includes three bedrooms and two-and-one-half baths spanning 2,010 square feet and was on the market for only 26 days.
- A Ruby Lake home located at 10951 Citron Oaks Drive sold for $860,000 on June 17. Built in 2019, this home features four bedrooms and four baths with 2,954 square feet of living area, although it had remained on the market for 263 days.
- A Sandlake Cove property at 10112 Shortwood Lane sold for $710,000 on June 20. This house, built in 1996, offers five bedrooms and three baths in a total of 2,673 square feet, with an average market duration of 68 days.
- Another notable transaction occurred at 8655 Shady Glen Drive in Sand Lake Hills, selling for $640,000 on June 20. Constructed in 1983, this home includes four bedrooms and two baths and was sold after a brief market presence of just 2 days.
- A townhouse at 7528 Chapelhill Drive, within the Sandpointe Townhouses community, sold for $415,000 on June 16. This 1989 construction features two bedrooms and two baths across 1,147 square feet, and was on the market for 3 days.
- A home located at 7920 Summer Ridge Place in South Bay sold for $970,000 on June 18. Built in 1981, it offers four bedrooms and two-and-one-half baths with 2,762 square feet of living space, though it lingered on the market for a lengthy period of 355 days.
- Finally, a Vizcaya home at 8629 Saint Marino Blvd. closed at $1,530,000 on June 18. Constructed in 2002, this property boasts six bedrooms and five-and-one-half baths, covering 4,706 square feet, and had been on the market for 291 days.
The data from this week’s transactions reflects a diverse range of homes, catering to various buyer preferences and budgets. Meanwhile, the high-profile sale of the Parkside home indicates a strong presence of affluent buyers in Dr. Phillips, reinforcing the neighborhood’s reputation as a desirable location for residential real estate.
The Dr. Phillips area has been characterized by a mix of established and newly constructed homes, attracting families and individuals alike due to its vibrant community and proximity to amenities such as shopping, dining, and recreational options. As the real estate market evolves, these figures will serve as an indicator of the area’s appeal and ongoing investment opportunities.
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Additional Resources
- Orange Observer: Parkside Home Tops Dr. Phillips Sales
- Wikipedia: Real Estate in the United States
- Growth Spotter: Dr. Phillips Charities Office Groundbreaking
- Google Search: Dr. Phillips Florida real estate
- WFTV: Crunch Fitness Opens New Location
- Google Scholar: Real Estate Market Trends
- Orange Observer: Dellagio Home Tops Sales
- Encyclopedia Britannica: Real Estate Market
- Bungalower: Dr. P. Phillips Charities Mini-Doc
- Google News: Orlando 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.
