$292,500
●
Land -
Off Market
5775 CHIPOLA CIRCLE
ORLANDO, FL 32839
Studio
0 Bath
$2,125
Est. Monthly
About This Property
Have you always dreamed of lakefront living? Well now is your
chance. Bring your plans and reinvent this remarkable 1.23-acre,
waterfront property that is cleared and ready for your dream home.
Its central location presents an excellent opportunity to enjoy the
lakefront lifestyle, with breathtaking Lake Jessamine views and
direct lake access, while residing minutes from modern
conveniences. Perfectly positioned, you will enjoy convenient
access to primary services, schools, universities, grocery stores,
and endless retail options. Proximity to major highways and premier
destinations including the Mall at Millenia, Universal Orlando, and
Orlando International Premium Outlets, ensures easy connectivity
and endless fun throughout Central Florida. This exceptional
combination of stunning lake frontage and strategic location
creates a rare opportunity in the heart of Orlando to build your
dream waterfront retreat with unmatched convenience to daily needs
and Orlando's finest attractions. Schedule your private tour today
and seize this incredible opportunity!
Unit Size
-
Days on Market
92 days
Land Size
1.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
$651
HOA Dues
-
Year Built
1951
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (Stellar MLS #O6360660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY | $299,900 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Listed | $520,000 | |
| Listed | |||
| | |||
|
Under contract-accepting backup offers. Short Sale. Short Sale. Subject to seller's lender(s) approval of contract, terms. Property sold as-is. Buyer responsible for due diligence, including verifying HOA, taxes, fees, and condition. subject to lender approval and may be adjusted. MORE PHOTOS COMING SOON. PROPERTY HAS BEEN DEMOLISHED SELLING FOR LAND VALUE. This property places you in the center of it all. Enjoy the convenience of being just minutes from vibrant downtown Orlando, world-class dining, shopping, and entertainment. Nearby you’ll find scenic parks, sparkling lakes, golf courses, and endless recreation opportunities. With easy access to major highways, theme parks, and cultural attractions, this location offers the perfect blend of comfort, convenience, and lifestyle.
| |||
Show More
Property Highlights
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Florida Shores
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Joseph Doher
BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY
Last Updated: 6 months ago
Data Source: Stellar MLS, MLS# O6360660
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
BERKSHIRE HATHAWAY HOMESERVICES RESULTS REALTY
Last Updated: 6 months ago
Data Source: Stellar MLS, MLS# O6360660
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017