Florida market for rental properties -- seeking your advice

Florida market for rental properties -- seeking your advice

Investor · Austin, TX · Member since 2018 · 24 posts · 6 votes

Hi everyone - I'm looking for purchasing my 2nd investment property in Florida (FL), and more specifically am looking into North Port, Port Charlotte, and Cape Coral. Does anyone have any thought or advice to share with me about whether any of these markets are good for appreciation AND leasing out the property for long term? Do you have any recommendation among these 3 cities? Any other advice/recommendation would be highly appreciated :)

0Reply
18 views

2 Replies

Jump to latestLatest
  • Real Estate Broker · Naples, FL · Member since 2013 · 9k+ posts · 6k+ votes
    5y

    Cape Coral is banging hot. Rents through the roof. Strong appreciation. 

  • Stetson MillerBusiness Member
    Real Estate Broker · Fort Myers, FL · Member since 2019 · 576 posts · 423 votes
    5y

    Hi @Ali Masoudi,

    I would be happy to talk specifically about Cape Coral! The city currently has extremely high rental demand, huge continued appreciation potential (outside of the current market trends), and still has plenty to offer in terms of expansion and future growth. Let me know if you're interested in discussing more, would be happy to answer any other questions you may have!

Join the conversationCreate a free account to reply, vote on answers and follow this thread.