Carbon dots (CDs) represent a rising class of nanomaterials with numerous optical and physicochemical properties that make them useful for a variety of applications. In this work, three different methods, conventional hydrothermal carbonization (CHC), microwave-assisted irradiation and heating reflux reaction technique, were used as different bottom-up approaches to obtain different CDs. The carbon nanoparticles were prepared using three different carbon precursors (maleic, fumaric and adipic acids) and one nitrogen source (ethylenediamine). The CDs were characterized using different techniques including Fourier transform infrared spectroscopy, Transmission electron microscopy, Ultraviolet-visible, Fluorescence and Zeta potential measurements. Both, the experimental method used to obtain the CDs and the different precursors, presented a considerable influence on the quantum yield values (QY), and also on the fluorescence emission curves. The molar proportion between the carbon and nitrogen source was varied to improve the QY, and one of the samples prepared by CHC method reached QY = 25.4%. The carbon nanoparticles obtained by CHC were used as nanoprobes for metal ions and exhibited great selectivity and sensitivity for Fe3+ ions, reaching a limit of detection of 35 nM, which is lower than most reported values for CD-based PL method used as probes for Fe3+ ions.