Active

$279,900

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 1578 sq ft
Overview
  • ID: MFRFC310776
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 1578 sq ft
Property Details
Remarks
Investor-Friendly Condo with $12,000 Buyer Credit in Desirable Lakefront Community Old Florida charm blends seamlessly with modern potential in this rarely available 3-bedroom, 2.5-bath ground-floor end unit located in the highly sought-after Carmel by the Lake community. Offering 1,578 square feet of living space, this spacious condo provides a tranquil setting surrounded by lush wetlands and abundant wildlife, all while being just minutes from shopping, dining, and major roadways. Investors will appreciate the flexibility of a seven-month minimum rental policy, making this an ideal property for seasonal income or long-term tenancy. Adding even more value, the seller is offering a generous $12,000 buyer concession at closing, giving you the opportunity to update the unit to your taste or enhance it for maximum rental return. Inside, you'll find an open-concept layout filled with natural light, an updated kitchen with stainless steel appliances and breakfast bar (remodeled in 2021), and stylishly refreshed bathrooms featuring Bath fitter upgrades completed in 2023. The unit includes a washer and dryer, exterior storage, and one covered parking space with an additional uncovered space. The roof was recently replaced, and all buildings in the community have passed their structural inspections, giving added peace of mind. Carmel by the Lake is a gated, lakefront community with an impressive array of amenities, including a private boat ramp to Lake Howell, a fishing pier currently undergoing renovation (with completion expected February 2026), a resort-style pool and hot tub, tennis, pickleball, racquetball courts, clubhouse, butterfly garden, and a hidden beach trail. The HOA fee is exceptionally comprehensive, covering internet, cable, home phone, water, sewer, exterior insurance, maintenance, and more—making ownership and leasing simple and cost-effective. Whether you're looking to enjoy peaceful lakefront living or add a low-maintenance, income-producing asset to your portfolio, this property offers a rare opportunity with lifestyle appeal and financial upside. Schedule your private showing today and take advantage of the $12,000 credit to make this Casselberry gem your own.
Financial Considerations
Price:
$279,900
HOA Fee:
N/A
Tax Amount:
$3790.19
Price per SqFt:
$177.38
Tax Legal Description:
Unit 411, CARMEL BY THE LAKE UNIT 1, a Condominium, according to the Declaration of Condominium thereof recorded in Official Records Book 1545, Page 862, and all amendments thereto, Public Records of Seminole County, Florida, together with an undivided interest in and to the common and limited common elements appurtenant to said unit as set forth in the declaration.
Exterior Features
Lot Size:
1902
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Assigned, Covered, Ground Level, Guest
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Heat Pump
Cooling:
Central Air
Appliances:
Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
Furnished:
Yes
Floor:
Hardwood, Tile
Levels:
Two
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1984
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Southwest
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Sidewalk, Sliding Doors
Additional Features 2:
Minimum of 7 months
Map
  • Address
    1162 CARMEL CIR #100
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