Description

A rare chance to invest in one of the Narcoossee Corridor’s most beloved communities—Hammock Pointe. This off-market property includes two adjoining parcels: the primary home at 5229 Hammock Circle, and a vacant lot next door at 5223 Hammock Circle. Together, they offer nearly half an acre of possibilities beneath the shade of grand southern live oaks.

Built in 1994, the home at 5229 Hammock Circle is ready for a new vision. It’s a true fixer-upper, with an after-renovation value of approximately $625,000, making it an excellent candidate for an investor or a homeowner ready to build equity through improvements.

The home features a desirable split bedroom layout with a large primary bedroom and bathroom, expansive covered patio with pool bath and outdoor shower, heated in-ground pool, extended screen-enclosed patio, side-loading 2-car garage, and whole-home solar panels. The roof was installed in 2015 and the HVAC system in 2018. The property will require the following updates:

• Exterior paint

• Interior paint

• Flooring

• Renovated kitchen

• Renovated bathrooms

• Panel repairs to screen enclosure

The potential doesn’t stop with the house itself. Keep both parcels together to enjoy an expansive estate-sized lot—or develop the vacant parcel separately for additional return on investment. Purchased separately, a vacant 0.23 acre lot like this one would sell for approximately $125,000 in an established community like Hammock Pointe. Purchased together as a package, the ability to build a second single-family home provides incredible value.

With its established character and no new competing construction nearby, Hammock Pointe presents a unique opportunity that’s rarely available in today’s market. Both lots have water views of the tranquil community pond.

Location Highlights:

• Minutes to the brand-new Publix Super Market for everyday convenience

• A short drive to Lake Nona Town Center for dining, shopping, and entertainment

• Easy access to Orlando International Airport—ideal for frequent travelers

• Low HOA fees and community-supplied water included for residents (unlimited water supply for a fixed price)

Hammock Pointe remains one of Saint Cloud’s best-kept secrets—a quiet, tree-lined community of custom homes and welcoming neighbors. Opportunities like this don’t come along often in such a desirable location. Whether you’re looking to renovate, build, or invest, 5229 and 5223 Hammock Circle offer the space, flexibility, and upside to make it happen.

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