Jobs in Central Florida market continues to show strong numbers attracting people moving to the sunshine state. The unemployment rate is down to 3.6% from 4.7% one year ago. People moving to Florida usually prefer to rent first for a year or two before purchasing a home which makes it a great opportunity for investors to purchase rental homes. The rental rates are also excellent and homes usually rent within 2-3 weeks for a 1 year lease. The rental market has been excellent for the past 5 years.
The Windermere / Winter Garden area has also been growing at an incredible rate. New Construction by builders offer an excellent product with fully upgraded homes. These homes usually attract first time home Buyers, investors and Buyers who are looking to upgrade their current home. Central Florida continues to remain a very desirable location. Favorable weather, jobs and park attractions continue to attract visitors from all over the world and families who are looking to live in Central Florida on a permanent basis.
Please find below the most recent data:
Overall Median Price is up by 7%
Overal Sales price is up by 14%
1) Upgraded Brand new home in Windermere. Potential Rental income is 2800 Dollars http://atlasbluerealty.com/property/stunning-new-home-in-windermere/
2) Short term vacation home. http://atlasbluerealty.com/idx/mls-o5495030-2739_sun_key_pl_kissimmee_fl_34747
Per property manager: “For 2015, 2739 Sun Key Place had a total of 226 nights plus the owner bookings throughout the year. The overall rental income was $18,550.00.
In 2016, 2739 Sun Key was occupied by us for a total of 232 nights plus the multiple weeks out of the year that the owner booked into his home as well. The overall rental income was $19,030.00.
We have already had 2739 Sun Key Place booked for a total of 81 nights in just the first 4 months of 2017- we project to again, be within the 220-240 night range”
3) New Homes in Winter Garden. Excellent rental area for investors. Home starting at 256,000 Dollars. Homes are fully upgraded and move in ready. Home warranty included.
5) Lake front Bank owned property in prestigious Vizcaya:
6) Auction property in Kissimmee: