Categories: Business NewsNewsReal Estate & Properties

Luxury Home Sales Surge in Dr. Phillips

Luxury homes in the vibrant Dr. Phillips community, showcasing stunning architecture and beautiful landscapes.

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News Summary

Orlando’s real estate market is witnessing a significant uptick in luxury home sales, especially in the prestigious Dr. Phillips neighborhood. Recently, several high-end properties have changed hands, with notable transactions including a stunning $4.75 million home at 9049 Southern Breeze Drive. The market is showcasing a mix of luxury estates and affordable options, emphasizing a thriving community for buyers across different price ranges. This surge highlights the vibrancy and allure of living in Dr. Phillips, with expectations for continued growth in the real estate sector.

Luxury Home Sales Surge in Dr. Phillips

Orlando is buzzing with excitement as luxury home sales have taken off, with several high-end properties changing hands recently! The week of March 3 to March 9 saw impressive transactions that highlight the thriving real estate market in the prestigious Dr. Phillips area.

Big Winners: Top Transactions

Leading the pack this week is a stunning home located at 9049 Southern Breeze Drive, which sold for a whopping $4,750,000 on March 7. Built in 2003, this spacious property boasts six bedrooms and six-and-one-half baths, covering a massive 8,015 square feet. It was snatched up after just 16 days on the market—clearly, it didn’t stay available for long!

Next up is the charming home on 6000 Tarawood Drive, which was sold on March 5 for $3,200,000. This residence, built in 1986, features six bedrooms and five-and-one-half baths within its 6,252 square feet. Interestingly, this property lingered on the market for 266 days, showing that every home has its own journey before finding the right buyer.

The Mid-Range Marvels

Looking at more mid-range homes, the sale at 9502 Royal Estates Blvd. is a notable mention. Sold for $945,000 on March 3, this beautiful home, built in 2014, offers five bedrooms and four baths, all within a generous 4,231 square feet of living space. It was listed for 203 days, illustrating that even desirable homes can take a little time to find their match.

8923 Tibet Bay Drive sold for $950,000 on March 3, showcasing another charming option in Orlando. This house, constructed in 1969, features three bedrooms and three baths and spans 2,730 square feet of cozy living space.

Affordable Finds

For those seeking more budget-friendly options, there are some excellent sales to consider. The delightful home at 7019 Villa Estelle Drive changed hands on March 3 for $402,000. Built in 1985, this property offers three bedrooms and two baths, comfortably laid out across 1,436 square feet. With a time on the market of 149 days, it’s another reminder that patience pays off in the real estate game.

Within the townhouse category, 6200 Peregrine Court had a speedy turnaround, selling on March 6 for $293,000 after just 2 days on the market! This unit was built in 1987 and includes three bedrooms and two-and-one-half baths over 1,348 square feet—talk about a hot property! Meanwhile, 6847 Sperone St. found its new owner on the same day for $280,000 after 102 days. Built in 2006, this lovely two-bedroom townhouse also has two-and-one-half baths and offers a comfortable 1,540 square feet of living space.

Another notable sale is the comfortable home at 7511 Megan Elissa Lane, which sold for $585,000 on March 5. Constructed in 1987, this property boasts four bedrooms and two baths throughout 2,689 square feet. With a listing duration of 133 days, it highlights the importance of searching for the right fit for you and your family.

A Bright Future Ahead

With such remarkable activity in the luxury home market, it’s clear that Orlando, especially the Dr. Phillips area, is a flourishing hub for both buyers and sellers alike. Whether you’re eyeing a grand estate or a cozy townhouse, there’s a fit for everyone in this vibrant community.

Stay tuned for more updates on the upcoming trends and sales as the Orlando real estate market continues to evolve.