5588 Palm Lake Cir Orlando, FL 32819

$687,000
0.5 acres
Land

Property details

About 5588 Palm Lake Cir

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!

Highlights

Home typeOther
StatusActive
Lot size0.53 Acres
MLS #O6255990
ViewWater

Summary

  • MLS Number: O6255990
  • MLS Name: MFRMLS
  • Office Name: ALIGN REAL ESTATE LLC
  • Office Phone: (305) 389-2922
  • Listing Agent: Tiffany Pantozzi

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 2:20:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$687,000

5588 Palm Lake Cir

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Price information

Property sales

DateEventPrice
Dec 26, 2023
Home Sold
$405,000

Tax history

YearAssessmentProperty Tax
2023$361,128$5,341
2022$350,610$5,150
2021$340,398$5,150
2020$335,698$5,076
2018$332,810$5,756
2017$320,099$264

History based on county public records data.

Nearby schools

8

Palm Lake Elementary School

Public District KG-5

0.6 mi

8000 Pin Oak Dr

7

Dr. Phillips Elementary School

Public District KG-5

1.2 mi

6909 Dr Phillips Blvd

8

Bay Meadows Elementary School

Public District KG-5

2.9 mi

9150 S Apopka Vineland Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $113,500. Residents of Orlando, FL typically earn between $100k-200k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

10%
<35k
35%
35k-100k
37%
100k-200k
18%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

23%
Single, No Kids
7%
Single, with Kids
42%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
10%
12-17 yrs old
16%
18-34 yrs old
49%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • CadillacCadillac

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Orlando, FL

About 5588 Palm Lake Cir

This home is located at 5588 Palm Lake Cir in Orlando, FL and zip code 32819. Features: 0 bathroom. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $687,000.

While more than 50 listings in Orlando, FL in January 2025 were sold above asking price, there were more than 104 listings sold at asking price, and more than 373 were sold below. The number of listings in Orlando, FL increased by 7.2% between December and January 2025. While the average time on the market in January 2025 was 60 days, the median list price was $395,878.

From Rocket Homes Real Estate and based on county public records data.

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