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 Bathfitter 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 moremaking 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.
Active
$279,900
1162 CARMEL Circle #100, Casselberry, FL 32707
3beds
1,578sqft
Est.:
Condominium
Built in 1984
-- sqft lot
$-- Zestimate®
$177/sqft
$958/mo HOA
What's special
Exterior storageHidden beach trailAbundant wildlifeBreakfast barGround-floor end unitFishing pierCovered parking space
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