Phillips Cove
Homes for Sale in Orlando, FL

Community in Orlando · Orange County
55 homesBuilt 1985–2024
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Built fromLive Stellar MLS data16 years of closingsFL DOR public recordsUpdated twice daily
Live · Phillips Cove Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
64%
Owner-occupied · Phillips Cove
38 of 59 parcels homesteaded (FL DOR 2025)
36%
Non-owner-occupied · Phillips Cove
incl. 12% trust or LLC-held · 100% out-of-state
0%
Cash buyers · Phillips Cove
0 of 4 sales, 12 mo ending June 2022
55
Homes in the community
plus 4 vacant residential lots · 59 residential parcels (FL DOR 2025)
Track record · 16 years of records
Est. 1985
Community established
homes built 1985-2024, median 2005 (FL DOR 2025)
0
Failed listings · 2020
peaked at 9 in 2008
3.6%/yr
Turnover rate
about 2 of 55 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

What sets price in Phillips Cove is condition and size, not a tidy per-square-foot formula. With homes built across a span from 1985 to 2024 and a median living area north of 3,200 square feet, this is a larger-home community where a mid-1980s original interior and a recently built home can sit on the same street. That mix means the spread in value here is driven by what has been updated, not by a single going rate.

The pace is measured, not frantic. This is a small pool of 55 homes with limited turnover, so a single closing moves the read more than it would in a big subdivision. For sellers, that argues for pricing to condition and being patient; for buyers, it means fewer choices at any given moment and a real premium on the homes that are already renovated.

Best for

  • Move-up buyers who need substantial living space and can wait for the right listing
  • Buyers willing to take on an older home and budget for updates in exchange for value
  • Long-hold owners who value a low-turnover, mostly owner-occupied setting

Probably not for

  • Buyers who want a large menu of homes to compare at any moment
  • Anyone needing a smaller, lower-maintenance footprint
  • Buyers who want a single predictable price-per-foot and easy, matching comps

The market around Phillips Cove

Phillips Cove is a small community — 49 recorded sales on file, most recently in 2020 — too few for its own price trend. Here is the market around it.

Across Orange County, 5,886 homes are active and 2,019 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Phillips Cove specifically. Momentum Research analysis of MLS records.

If we were buying in Phillips Cove today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Phillips Cove.

Best Buy
Buyers who want square footage and are comfortable judging homes one at a time.
Biggest Risk
Thin inventory means few options and comps that don't always line up.
Sweet Spot
An already-updated home priced honestly to its condition.
Avoid If
You need quick selection or a predictable per-square-foot price.

A size-first community with a wide age spread

The defining trait here is scale: a median living area above 3,200 square feet puts most of these homes solidly in the move-up category. Pair that with a build range from 1985 to 2024 and a median build year around 2005, and you get a community where architecture, systems, and finish levels vary widely from one address to the next.

That variation is the whole story for pricing. A home closer to the older end of the range may need mechanical and cosmetic work; one built recently will command more for that reason alone. With owner-occupancy running about 64 percent, the community leans toward long-term ownership, which tends to keep well-kept homes off the market longer and makes the ones that do list worth acting on.

The location and the amenities are priced into every listing in Phillips Cove. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 55-home community with thin turnover and a wide range of ages and conditions, comps are not interchangeable — a nearby closing may tell you very little about the home in front of you. We underwrite each property on its own updates, square footage, and build year rather than leaning on a blunt neighborhood average, and we will tell you plainly when a listing is priced to a renovation it hasn't had.

Phillips Cove in 15 seconds.

Best forBuyers who want square footage and are comfortable judging homes one at a time.
Biggest advantageA small, stable owner-occupied community with larger floor plans.
Biggest riskThin inventory means few options and comps that don't always line up.
Sweet spotAn already-updated home priced honestly to its condition.
Avoid ifYou need quick selection or a predictable per-square-foot price.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Phillips Cove sales matched to your home.

What is your Phillips Cove home worth?

Get a no-obligation home value based on real comparable sales in Phillips Cove, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Phillips Cove?
The Florida DOR 2025 assessment roll shows 55 homes plus 4 vacant residential lots in Phillips Cove (public records).
What share of Phillips Cove is owner-occupied?
64% of Phillips Cove parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Phillips Cove built?
Homes in Phillips Cove were built between 1985 and 2024, with a median year built of 2005.0 (FL DOR 2025 roll).
Do cash buyers compete in Phillips Cove?
Cash buyers took 0% of Phillips Cove sales in the 12 months ending June 2022 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for Phillips Cove?
The best agent for Phillips Cove is one who actively works Orlando and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Phillips Cove.
How do I find a top Orlando real estate agent who knows Phillips Cove?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Phillips Cove and the wider Orlando area.
Can Momentum Realty connect me with an agent for Phillips Cove?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Phillips Cove purchase or sale - no call center and no pressure.
Move-up buyers who need substantial living space and can wait for the right listingExcellent fit
Buyers willing to take on an older home and budget for updates in exchange for valueExcellent fit
Long-hold owners who value a low-turnover, mostly owner-occupied settingExcellent fit
Buyers who want a large menu of homes to compare at any momentProbably not
Anyone needing a smaller, lower-maintenance footprintProbably not
Buyers who want a single predictable price-per-foot and easy, matching compsProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32812/32819))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2010 (12 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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