Orlando has one of the most dynamic real estate markets in the country. As of last summer, the median home value had reached almost $400,000.
With opportunity comes some risk for your real estate portfolio. Investors must be strategic about every move they make, which starts with what areas of the city to buy in. Fortunately, the right region will all but guarantee successful real estate investing.
This article explores up-and-coming neighborhoods in Orlando that you should be investing in now. Keep reading to learn what they are so you can act now.
Downtown Orlando
Downtown Orlando is quite vibrant. It is known for its extensive dining, nightlife, and cultural attractions.
There has been a great deal of urban revitalization in the area in the last decade or so. This includes new infrastructure improvements as well as increased walkability in the city center.
Downtown is also home to major employment centers. These include various healthcare facilities and the central business district. All these qualities make it a high-demand rental area and a promising place for real estate investing.
Lake Nona
Lake Nona is a relatively new, planned community, but it is perhaps Orlando's fastest-growing area. Just beyond the airport and southeast of the city, Lake Nona is full of safe neighborhoods that feature many modern amenities, including a local country club. There are also innumerable parks, trails, and other opportunities for outdoor recreation.
Lake Nona also has stellar schools and is a major medical center. It is replete with high-paying jobs that have contributed to the area's accelerated growth. Do not overlook the promising real estate investing opportunities it affords.
Winter Park
The Winter Park neighborhood, located a few miles north of Downtown, is a charming area known for dining, shopping, and cultural offerings. There are picturesque parks and some of the best schools in the metropolitan area. There is also a strong sense of community.
All this gives Winter Park a lot of potential to attract families, professionals, and other prospective renters. It also means you can be reasonably certain of the long-term investment advantages it offers.
College Park
College Park is located northwest of downtown. It is a well-established neighborhood that features a mixture of both commercial and residential properties. You will find myriad local businesses, including boutiques and diverse dining options.
There is a unique character to College Park that blends a traditional vibe with modern attractions and amenities. The neighborhood has fantastic schools and a variety of parks, lakes, and trails. College Park will continue to be a coveted area to live and work for the foreseeable future, which makes it a sure thing when it comes to real estate investing.
Get More Orlando Real Estate Investing Advice Today
Real estate investing can be complex, but having the right tools can mitigate risk. Besides buying in the right neighborhoods, leverage investment tools from experts that will help ensure success.
At Bahia Property Management, our goal is to instill trust, confidence, and peace of mind in every client. We leverage decades of cumulative real estate expertise to deliver the highest quality real estate consulting and property management services. Reach out to us today to set up an appointment to discuss investment properties in Orlando and beyond.
