Lake Nona Area Continues to See Rapid Growth

The Lake Nona area of Orlando has been experiencing rapid growth across the board over the last 2 years. The job market, real estate market, and economy of this area has changed drastically in this time period, and there is even more potential on the horizon.

 

With the opening of the multiple facilities that make up Medical City, more and more businesses have come to the area to service these new employees and residents. And even more shops and restaurants are slated to be open early in 2014 at the Town Center. With 2 wonderful golf courses, over 40 miles of walking trails, A rated schools, multiple parks, Valencia Community College, and so many other amenities, it’s no wonder people want to LIVE & WORK here.

 

Like anything in high demand, prices keep rising, and they will continue to do so as more and more amenities come to the area. If this is an area you think you would like move to in a few years or that you would like to invest in, I suggest you get moving now. You could purchase a property now and rent it out until you are ready to make your move. The rental market is extremely hot in this area as well as medical professionals are moving into the area for new positions. They often still have a property from their previous area and will rent the first year while they sell that residence.

 

Here is a an example of what you can get in Eagle Creek, a beautiful guard-gated golf community in Lake Nona.

 

This 4 bedroom 3 bathroom has over 3,000 square feet, a pool overlooking a beautiful pond, a large lot, granite counters, new appliances, new carpet and paint, a large master suite with spacious walk-in closet, large secondary bedrooms, a guest suite downstairs, and no rear neighbors. It is move-in ready and listed for $375,000. A savvy buyer could purchase this property now and rent it out for approximately $2100-$2300 per month and continue to gain equity while they are earning rental income. The time to invest in the Lake Nona real estate market is now.

 

If you have any questions about this or any other Lake Nona property, please feel free to call or email me any time – [email protected] or (321) 697-8230. I would also be happy to schedule a showing for you.

 

There is no time like the present!