Investing in Orlando rental property.

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Kim Meredith HamptonBusiness Member
Real Estate Broker · St Petersburg · Member since 2014 · 2k+ posts · 2k+ votes
7y

Hi Donald,

Most of Orlando, Central Florida are great areas. Probably the best idea Idea is what to avoid; Pine Hills 32808, and Paramore area  just west of I 4 of Orlando, Eatonville. Just like any city, there are pockets of areas that should be avoided. 

A lot of people are going right outside the Orlando area, east and west coast across Cebtral Florida; Lakeland, Tampa, St Petersburg and Pasco County, Deland in Volusia County and Leesburg and Clermont in Lake County

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  • Kim Meredith HamptonBusiness Member
    Real Estate Broker · St Petersburg · Member since 2014 · 2k+ posts · 2k+ votes
    7y

    Hi Donald,

    Most of Orlando, Central Florida are great areas. Probably the best idea Idea is what to avoid; Pine Hills 32808, and Paramore area  just west of I 4 of Orlando, Eatonville. Just like any city, there are pockets of areas that should be avoided. 

    A lot of people are going right outside the Orlando area, east and west coast across Cebtral Florida; Lakeland, Tampa, St Petersburg and Pasco County, Deland in Volusia County and Leesburg and Clermont in Lake County

    [email protected]407-448-6679Podcast Guest on Show The Key to Scoring Discounted Deals in One of America’s Hottest Markets
    Compass | St. Pete514 Reviews
    WebsiteView Page
    3Reply
  • Account Closed
    OP
    Palm Beach, FL. · Member since 2018 · 27 posts · 6 votes
    7y

    That is such great information. I will be jumping in soon! I assume I could call you?

    0Reply
  • Joshua Dates
    New Smyrna Beach, FL · Member since 2013 · 70 posts · 30 votes
    7y

    Deltona is where you will get the most bang for your buck. 

    0Reply
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    OP
    Palm Beach, FL. · Member since 2018 · 27 posts · 6 votes
    7y

    Apart from purchasing power, is Deltona's rental market strong?

    0Reply
  • Gavin WelchPro Member
    Real Estate Broker · Lakeland, FL · Member since 2011 · 305 posts · 181 votes
    7y

    We have good numbers in lakeland for rentals.  It's not 2009 numbers, but we beat a lot of metro areas. Because of our lower purchase price

    Gavin

    1Reply
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    OP
    Palm Beach, FL. · Member since 2018 · 27 posts · 6 votes
    7y

    Is Sanford still to far from Orlando to invest?

    0Reply
  • Josue Caliz
    Specialist · Apopka, FL · Member since 2018 · 2 posts · 0 votes
    7y

    currently living in Mass but Im looking to head back home to central fl, from what I've been seeing analyzing different zip codes lakeland seems to be jumping anybody have eyes on the ground in polk county? 

    0Reply
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    OP
    Palm Beach, FL. · Member since 2018 · 27 posts · 6 votes
    7y

    I have been scouting Lakeland the last couple of months. There seems to be a lot of bargains there. I'm just not sure about the location. Between Orlando and Daytona (DeLand, Sanford, Debary, Deltona) makes more sense to me because of its location. You can still find bargains in that area, you just have to look harder.

    0Reply
  • Charles A Munk
    Flipper/Rehabber · Deltona, FL · Member since 2018 · 52 posts · 11 votes
    7y

    @Donald Timmons  I live in the area you are describing.  It has great potential as a rental market especially with Lake Mary becoming an employment hub.  The challenge is finding the deals, yet they are out there.

    1Reply
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    OP
    Palm Beach, FL. · Member since 2018 · 27 posts · 6 votes
    7y

    Thank for that Charles. I have been obsessively thinking about how an Airbnb would do in that area, especially in Deltona would do. Having access to the beach and the theme parks sounds like a great idea. I'm just not sure if vacationers would want to do both. Have any insight?

    0Reply
  • Charles A Munk
    Flipper/Rehabber · Deltona, FL · Member since 2018 · 52 posts · 11 votes
    7y

    Hey Donald, There are a few rentals in our area, actually even one on the street I live on in Deltona.  I believe most vacationers either want Disney area and may do 1 day at the beach or the other way around.  Western Volusia county is in the center but I-4 travel to Disney from here is really difficult with all the I-4 Ultimate construction.  Good luck in meeting your investment goals!

    1Reply
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