Dr. Phillips, Florida offers a unique blend of luxury, convenience, and community living, making it one of the most desirable areas in the greater Orlando region. Situated just west of Orlando and adjacent to famous attractions, this unincorporated area of Orange County has grown into a thriving residential hub. Whether you’re looking to purchase a home or sell your property, Dr. Phillips is a prime real estate market worth exploring.
History & Local Highlights
Named after Dr. Philip Phillips, a citrus magnate who played a major role in the development of Florida’s agricultural industry in the early 20th century, Dr. Phillips has evolved far beyond its agricultural roots. What started as groves of citrus trees has now transformed into a vibrant, upscale suburban community. Known for its proximity to Orlando’s bustling entertainment district and world-renowned theme parks, this neighborhood has an appeal that transcends generations.
One of the most recognizable landmarks in Dr. Phillips is the Dr. P. Phillips Community Park. This park is more than just a recreational space—offering scenic views of Big Sand Lake, splash zones for kids, and extensive walking trails, it serves as a community focal point where residents can enjoy Florida’s outdoor lifestyle year-round. In addition, the Dr. Phillips Center for the Performing Arts in nearby downtown Orlando is a testament to the area’s cultural richness, attracting performances from Broadway shows to classical symphonies.
Thriving Real Estate Market
The Dr. Phillips real estate market is booming, making it a top location for those looking to buy or invest in Florida. The area is known for its upscale homes, ranging from luxury estates to modern condominiums, and its proximity to popular attractions like Universal Studios, Disney World, and International Drive increases property value. Many properties boast stunning lakefront views, spacious yards, and access to top-tier amenities, contributing to strong demand in this market.
As of recent data, home prices in Dr. Phillips tend to be above the state average, with median home values around $600,000. The area has a reputation for being one of Orlando’s most affluent suburbs, and homes here often come with larger square footage, upscale designs, and community perks like golf courses and gated entries. Buyers are drawn to the convenience of living close to entertainment, dining, and shopping, while also having access to top-rated schools—a key factor for families considering the area.
For those looking to sell, the ongoing demand for homes in this area ensures that listings typically don’t stay on the market for long, especially if priced competitively. Dr. Phillips’ reputation as a prestigious community, combined with Florida’s overall appeal to buyers nationwide, means that sellers have an advantageous position when listing their properties.
Demographics & Economic Data
Dr. Phillips is home to roughly 12,000 residents, many of whom enjoy high household incomes and professional occupations. The median household income in Dr. Phillips is notably higher than both the state and national averages, hovering around $90,000. This reflects the area’s affluence, with many residents employed in professional fields, including healthcare, education, and finance. The population is diverse, with a mix of young professionals, families, and retirees enjoying the community’s safety, excellent amenities, and proximity to Orlando’s major employment hubs.
Education is another significant draw for Dr. Phillips. The community is served by some of the best schools in the Orange County Public Schools district. Institutions like Dr. Phillips High School are well-regarded for their academics and extracurricular programs, making the area a magnet for families seeking quality education.
Property Management in Dr. Phillips
In a competitive and fast-growing market like Dr. Phillips, owning an investment property is a smart move— but managing it can be time-consuming and complex. That’s where Icon steps in with our comprehensive property management services. Whether you’re an investor with multiple properties or a homeowner looking to rent out a single unit, we provide hands-on management that maximizes your property’s value and ensures a seamless experience for both owners and tenants.
At Icon Realty, we specialize in taking the burden of property management off your shoulders. From tenant screening and leasing to maintenance and financial reporting, our team handles every aspect of managing your property with professionalism and care. We pride ourselves on providing:
- Thorough Tenant Screening: Finding reliable tenants is crucial to a successful rental experience. Our in-depth screening process ensures we select tenants who will treat your property with respect, pay rent on time, and fulfill their lease obligations.
- Efficient Rent Collection & Financial Management: We make sure you receive your rental income promptly while handling all the bookkeeping and financial reports needed for accurate tracking of your property’s performance. With Icon Realty, you’ll always have a clear understanding of your property’s financials.
- Proactive Property Maintenance: Maintaining your investment’s condition is key to preserving and enhancing its value. Our property management team conducts regular inspections and ensures any necessary repairs are handled quickly and efficiently. We work with trusted vendors to provide high-quality service at competitive rates, protecting both your property and your investment.
- Compliance with Legal Requirements: Navigating the legalities of rental property ownership in Florida can be challenging. From lease agreements to ensuring compliance with local housing regulations, Icon Realty keeps you covered. Our team stays up-to-date on Florida’s landlord-tenant laws to protect you from potential liabilities.
- Maximized Rental Income: With our extensive market knowledge, we’ll help you set the optimal rental price to ensure your property remains competitive while maximizing your income. Our strategic marketing efforts and industry expertise mean your property will attract qualified tenants quickly, reducing vacancy rates.
Whether you live locally or out of state, you can rest easy knowing your Dr. Phillips property is in capable hands. Our goal is to provide peace of mind and make your rental property work for you, not the other way around.
Partner with Icon for Stress-Free Property Management
Owning rental property in Dr. Phillips is an excellent investment, and with Icon Realty’s property management services, it can also be a hassle-free one. Let us handle the day-to-day operations so you can enjoy the financial benefits without the stress. With our expertise and dedicated service, we ensure your property is well cared for and performs at its highest potential.
Contact Icon Realty today by calling (407) 569-ICON (or completing a quick contact form!) to learn more about how we can manage your Dr. Phillips property and take your real estate investment to the next level.
