There are many beautiful Orlando Homes for Sale. Buying a home in Orlando is a smart move and just the start of you living your dream life. Orlando is the prime home buying location to work, play or invest in.
Currently, there are 7,486 homes for sale. That is way too many properties for any home buyer to navigate on their own. Most of the homes for sale in metro-Orlando are in Orange County, However, the city of Orlando is surrounded by the counties of Seminole, Osceola, Polk and Lake County, which many locals still refer to as being part of “Orlando”.
If you are new to central Florida, you may be overwhelmed about what kind of home to buy, how much to spend or what area offers the best value for your home buying needs. As Buyer Brokers, we are very familiar with real estate in all the surrounding counties and can help you buy a home in the heart of Orlando or any of the cities surrounding this lovely “city beautiful”. Call us for a no pressure, complimentary chat about your best home buying options 407-539-1053.
Let’s explore your home buying choices in Orlando...
Here are all the different types of homes on the market that are available for purchase, either in Orlando or the surrounding communities.
Single Family Homes are stand alone, where the home purchase includes both the home and the lot that it sits on. The size of the lot will vary from a 6,000 square foot lot to lots that are over one acre. There are also Estate Homes with acreage, suitable for multi-family living, which are typically found in the outskirts of Orlando. An average lot is considered a quarter acre or about 10,000 square feet in size. Land in Central Florida is at a premium, so usually the newer the home, the smaller the lot.
A home that was built in the last 20 years will more than likely be in a community with homeowners association maintenance fees. The fees will vary depending on what is included in your monthly maintenance. The single-family home community may be a card gated community, or guard gated community, or have no dedicated security at all. The fee is based on what you as a homeowner will receive. It may be something simple like maintenance of the common area or it may include full amenities like golf, pool, clubhouse, security and lawn service.
Florida townhomes are 2 story attached homes
Typical Townhomes in Florida are 2-3 story homes that are attached by a common wall with the other townhome neighbors wall. These townhomes are usually 2-4 bedroom, with 1200-2200 square feet of living space. Townhomes may or may not have a private courtyard, or a garage. The townhome complex typically includes a community pool and some recreational facilities. When you purchase a townhome, you own the home but nothing outside the townhome or the common area. The monthly fee will vary depending upon the size of the community, size of your home and the amenities that the townhouse community offers.
The price of the townhomes will also vary depending upon the year built, the city it is in and the view of the unit location in the community. Corner townhomes are most desirable as there is no neighbor on one side and the unit has more windows so usually is light and bright,
The advantage is that you are responsible for less maintenance, compared to a single family home. On the other hand, you will have neighbors on the other side of your wall, so your privacy is limited.
Villas in Central Florida are just like a townhome, except only a one story attached home.
Condominiums are popular home purchases in Orlando
Condo’s all have a monthly maintenance fee, which typically start at about $400 a month. Most condominiums have amenities like a pool, clubhouse and other services. You only own what is inside of the walls of your unit, and everything else is considered “common area”, which is maintained by the condo association.
There are a multitude of condominium choices that range from 1 bedroom units all the way up to a 4 bedroom, 5,000+ square feet penthouse...right in the heart of downtown Orlando. This special luxury living is a $2+ million investment with a monthly maintenance fee of $2,300.
The advantage of owning a condo is that you can lock up, leave and not worry. On the flip side, the maintenance fee might be high and you may have neighbors on both sides, plus above and below you. Also you will have rules to follow.
Condo-Hotels Disney Orlando
Orlando has the third largest condo-hotel market. A condo-hotel is a condo that is individually owned, but managed just like a hotel including a front desk with concierge services. There is an on site guest check in, cleaning services, on site management and high-end amenities. Typically, there will be more than one resort style pool, restaurants, gift shops, travel services and transportation to the attractions.
Accommodations are typically 5-star, so the monthly maintenance fees will be higher than a regular condo, as you will have a red carpet experience.
Since it is a condo-hotel, the purpose is to utilize it as a rental. Owners may be restricted on the amount of personal use and there will be high standards required for the quality of furnishings.
The advantage is that you will have many high-end amenities for luxury living and concierge services at your fingertips. However, you might not be able to live there year-round and must rent it out.
Vacation homes near Disney
To rent out your vacation home as a vacation rental, it must be located in a community zoned for short term rentals. Not all cities allow short term rentals. The vacation rental home must also have a private pool, be fully furnished and have a property manager.
For more information, visit here: http://orlandorealestatebuyeragent.com/luxury-lifestyle-vacation-homes-in-orlando-fl/.
New construction homes in Central Florida
New home construction in the Orlando area is booming: It is a hot market for builders. Orlando new home builders are building all the home styles in all counties. Most popular are single family homes, followed by townhomes. Community build time is typically 6-8 months unless it is a fully custom luxury home which may talk up to 12+ months.
Foreclosed property in Orlando
Foreclosures are properties that have been repossessed by the bank for non-payment of the mortgage. In some states, the banks sell at a deep discount, just to sell it quick. That is typically not the case in central Florida.
Many home buyers assume that all foreclosures are a good deal, but that is not necessarily so. In central Florida, most banks try to make as much money as they can. It is irrelevant what the mortgage balance was. Banks will do a quick cosmetic fix with paint and carpet, so that it looks good. Then they price it at market value or sometimes even higher. On occasion, the bank foreclosure may be a “real good buy”. A good Buyers Broker can advise you are to the true value of the foreclosure homes in Orlando.
Orlando and Windermere Lakefront homes sell for top dollar
There are about 1,000 waterfront homes for sale. Good waterfront is always in demand and the supply is limited so these properties are always at premium pricing. The most desirable homes are on the chain of lakes, which gives the homeowner boating access to many other lakes. There are chains of lakes in Orange and Lake County. For a complete overview of the kinds of waterfront home choices, please go HERE.
Golf home communities around Orlando
Orlando is a top golfing city in the world. It is home to more pro golfers than any other city because Orlando has more than 170 golf courses and 30 golf academies. The top golf communities aer Bay Hill in Dr. Phillips, Bella Collina in Montverde, Reunion in Kissimmee, Isleworth in Windermere, and Lake Nona in east Orlando.
Golf courses range from private to semi-private to public. Private golf courses are only for those that live in the community and/or have a membership. Semi-private means that it is open to the public with restricted membership. On public golf courses, anyone can pay a fee and play.
Orlando’s perfect weather which averages 73F, makes playing golf outdoors a year-round sport. Many central Florida golf communities are built around ponds and lakes to invite natural habitat. The golf courses are manicured to perfection and many have an on site restaurant and luxury clubhouse. There are golf front homes where you can just walk out your back door to golf. Luxury living at it finest.
To explore your best home buying option in Orlando or central Florida, we would be delighted to speak with you. Call Buyers Broker of Florida 407-539-1053 to simply request a list of homes by e-mail or chat about the best Orlando Homes for sale.
In case you can not view this video here, please click the link below to view Orlando Homes for Sale on my YouTube channel: https://www.youtube.com/watch?v=0iGPmbQa3r8&feature=youtu.be
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