BKRS.com — Florida Real Estate

Dr. Phillips Homes for Sale

Dr. Phillips (32819) offers Central Florida's most diverse residential market within one zip code — single-family homes, lakefront estates, new construction, condos, townhomes, and apartment communities across a wide range of price points.

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Overview

Dr. Phillips Real Estate — Market Overview

The Dr. Phillips real estate market spans zip codes 32819 and 32836 in southwest Orange County. Home prices range from the $300s for condos and townhomes to $4M+ for custom lakefront estates on the Butler Chain of Lakes and Big Sand Lake. The median sold price has run $570K–$660K in recent periods, well above the Orlando metro median, reflecting the community's strong demand from families, professionals, and buyers drawn to the area's dining, schools, and lifestyle amenities. New construction continues in select communities, and a steady inventory of resale homes is available across all price points.

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Median: $570K–$660K

Dr. Phillips homes have carried a median sold price of $570K–$660K in recent market periods — significantly above the Orlando metro median, reflecting sustained buyer demand for the community's amenities and location.

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$300K to $4M+ Range

From condos in the $300s to custom lakefront estates exceeding $4M on Big Sand Lake and the Butler Chain, Dr. Phillips accommodates buyers across a wide range of budgets and property types.

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New Construction Available

Select new construction communities in the Dr. Phillips corridor — including the Ruby Lake development and others — deliver modern homes with warranties and updated finishes in an established neighborhood.

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Rentals & Apartments

The Dr. Phillips area has a range of rental options — from apartment communities like Arcadia, Overture, and Hanover to single-family rentals. Median rents in Dr. Phillips are among Central Florida's highest for any suburban community.

Communities & Options

Dr. Phillips Property Types & Communities

Single-Family Homes (32819)

The core Dr. Phillips single-family market spans established communities like Bay Hill, Sand Lake Hills, Phillips Landing, Orange Tree Country Club, and Mabel Bridge. Prices range from $500K to $4M+ depending on lot, condition, location, and lake access.

Bay HillSand Lake HillsPhillips Landing$500K–$4M+
Lakefront & Butler Chain Properties

Homes on or near Big Sand Lake and the Butler Chain of Lakes in the Dr. Phillips corridor command premium pricing for waterfront access, private dock potential, and sunset views. These properties range from $800K to $4M+ depending on frontage and condition.

Big Sand LakeButler Chain Access$800K–$4M+Private Docks
Condos & Townhomes

Condominium and townhome communities in the Dr. Phillips area offer entry-level ownership in a premium zip code — typically $300K to $550K. Proximity to Restaurant Row, YMCA, and the community park makes these properties appealing to working professionals and active residents.

$300K–$550KEntry LevelCondo CommunitiesProfessionals & Downsizers
New Construction

New construction in the Dr. Phillips corridor includes the Ruby Lake community and periodic new homes on remaining lots throughout 32819. New builds offer modern floor plans, energy efficiency, and builder warranties. BKRS tracks available new construction inventory in the area.

Ruby LakeNew BuildsEnergy EfficientBuilder Warranty
Rentals & Apartment Communities

Dr. Phillips has an active rental market with several apartment communities — Arcadia Dr. Phillips, Overture Dr. Phillips, Hanover Dr. Phillips, and others — along with a steady supply of single-family and townhome rentals. Note that community names and availability change — verify current options directly.

ArcadiaOvertureHanoverVerify Availability
Investment Properties

Dr. Phillips is recognized as one of Central Florida's most consistent rental investment markets — with median rents significantly above the metro average and strong occupancy driven by proximity to Universal, Disney, the Convention Center, and Restaurant Row. BKRS advises investors on the 32819 and 32836 rental market.

Strong Rental MarketHigh Median RentsTheme Park ProximityConvention Center

Dr. Phillips Home Prices — What the Market Shows

The Dr. Phillips market (32819 and 32836) has carried a median sold price in the $570K–$660K range in recent periods, with the average sale price running higher — reflecting the influence of the luxury lakefront tier. Year-over-year appreciation has trended positively, driven by consistent demand from theme park executives, corporate relocatees, medical professionals, and buyers targeting the area's school zone and lifestyle amenities. The spread from entry-level condos to custom estates means the market serves a wide buyer population.

Renting vs. Buying in Dr. Phillips

Dr. Phillips has one of Central Florida's strongest rental markets — median rents are substantially above the metro average, and vacancy rates tend to be low given the employment concentration near Universal, the Convention Center, and Restaurant Row. For buyers evaluating the rent vs. buy decision in Dr. Phillips, BKRS and MortgageQuote.com can help compare the monthly cost of ownership to current rental rates for comparable properties.

Work with a BKRS Agent in Dr. Phillips

BKRS specializes in the Dr. Phillips and southwest Orlando market. Whether you're a first-time buyer entering the market, a move-up buyer targeting a lakefront estate, or an investor adding a Dr. Phillips rental to your portfolio, our team provides current market knowledge and transaction expertise. Contact us at 305.317.8475 or reach out through our form.

Connect with a BKRS Agent

Call us at 305.317.8475 or send a message — we respond promptly.

Fair Housing Notice: BKRS.com is committed to the Fair Housing Act and Equal Opportunity in housing. We do not discriminate based on race, color, religion, sex, national origin, disability, familial status, or any other protected class. All information on this website is provided for general informational purposes only and does not constitute legal, financial, or real estate advice. Real estate market data, property values, school information, and community characteristics are subject to change. Past market performance does not guarantee future results. Buyers, sellers, and investors should conduct their own independent research and consult licensed real estate professionals, attorneys, and financial advisors before making any real estate decision. School zone assignments should always be verified directly with the relevant school district. Contractor and business information should be independently verified before hiring.