Orlando is one of the most sought-after cities for purchasing property in Florida. This tourist hotspot boasts a variety of parks, lakes, and gardens, making it one of the most environmentally friendly cities in the US.
The city’s property market has seen a consistent rise in prices, making it an attractive destination not just for personal home purchases but also for investments in local residential complexes. Many investors buying property in Florida choose Orlando for several reasons:
- property prices are lower than in other cities of the state;
- steady population growth, consistent tourist influx, and high demand for rental properties;
- attractive rental rates;
- high standard of living;
- low property taxes.
Orlando is home to numerous theme parks, including the famous Disney's Magic Kingdom Park. The city also hosts various theatrical events, exhibitions, and festivals. Most of its parts are situated near parklands and water bodies. Let's delve deeper into 7 of the most appealing locations in the city to buy an apartment in Florida.
Content:
- Central Business District
- Azalea Park
- Lake Nona
- Conway
- College Park
- Baldwin Park
- Winter Park
- Selecting and purchasing property in Orlando
Central Business District
The Central Business District is a bustling community, featuring towering business centres juxtaposed with 19th-century buildings. It houses the offices of major companies, supermarkets, numerous restaurants, and cafes. Key attractions in the Central Business District include:
- The Dr. Phillips Center for the Performing Arts opera house;
- The Amway Center arena, hosting football matches and performances by renowned artists;
- the large Eola Lake park;
- the open-air Walt Disney Amphitheater.
Nearby, you'll find the St. James Cathedral School and Howard Middle School. Property in the Central Business District is pricier than in more peripheral parts of the city. The starting price of a one-bedroom apartment here is $200,000.
Azalea Park
This area is one of Orlando's tranquil green neighbourhoods ideal for comfortable living. Located near Barton Lake and the expansive Park of the Americas, it's perfect for those who appreciate a serene life surrounded by lush greenery without giving up the amenities of urban living. The community boasts a school, sports facilities, restaurants, cafes, and public transport links. A one-bedroom apartment here starts at $125,000.
Lake Nona
It is a modern residential area situated next to the vast Lake Nona and abundant with natural green spaces and water bodies. It's home to several medical institutions including:
- UCF Cancer Centre;
- VAMC Lake Nona Medical Centre;
- Nemours Children's Hospital;
- University of Florida's Research and Academic Centre;
- College of Pharmacy.
Beyond medical facilities, this area also offers:
- Boxi Park food court with mobile-style eateries and a beach volleyball court;
- ROX Climbing Gym at LNPC featuring a climbing wall and gym;
- Walmart Supercenter;
- Bravo Supermarket;
- Valencia College Lake Nona Campus student village;
- Lake Nona Middle School;
- Nona Adventure Park.
Property prices here are above the city's average, but rental properties are in high demand due to the presence of medical and educational institutions. Two-bedroom apartments are available from $390,000.
Conway
The expansive residential area of Conway is situated by the shores of Lake Conway. The neighbourhood features several smaller water bodies, some of which permit fishing. Conway boasts a well-developed infrastructure, including:
- Conway Elementary School;
- Cano Health Medical Centre;
- Fort Gatlin Recreation Centre;
- Publix Super Market at Conway Crossing;
- various cafes and restaurants.
Conway is conveniently located near major city highways, ensuring easy connectivity to other parts of Orlando and the international airport. A few new development projects in Florida are located in this area and offer modern apartments. With its abundance of parks and lakes, Conway exudes a peaceful countryside vibe. A two-bedroom condominium apartment is priced at $180,000.
College Park
This large upscale community is conveniently located near the city centre. It is emerging as an investment hotspot due to its high-quality modern real estate and excellent infrastructure. The area boasts:
- Dubsdread Golf Course;
- Edgewater High School;
- primary schools like Princeton Elementary School and Lake Silver Elementary School;
- Bishop Moore Catholic High School;
- cafes, restaurants, grocery stores, trendy boutiques, and vintage shops.
The area is dotted with water bodies, including Lake Ivanhoe, which is adjacent to a park of the same name. College Park is ideal for family living. A two-bedroom apartment in a local condominium is priced at $349,000.
Baldwin Park
This serene residential area in Orlando, previously home to a naval training centre, is situated by Lake Baldwin and boasts an abundance of parks, scenic walking paths, and cycle tracks. Within the neighbourhood, you'll find:
- Orlando VA Medical Center;
- primary and secondary schools;
- Publix Supermarket;
- pizzerias, bakeries, and restaurants.
Baldwin Park has higher rental rates compared to neighbouring communities, with over half of its residents renting their homes. A one-bedroom apartment on the resale market starts at $164,000.
Winter Park
This area ranks among the best in Orlando for purchasing an apartment. It's home to several large lakes and beautiful green areas. The community offers:
- Advent Health Hospital;
- various grocery stores;
- primary and secondary schools;
- Orlando Science Center;
- Rollins Museum of American Art;
- a railway station.
Winter Park boasts excellent transport links to neighbouring areas and Orlando International Airport. The starting price of a one-bedroom apartment here is $163,000.
Selecting and purchasing property in Orlando
Most locations in Orlando can boast picturesque landscapes, numerous lakes, and parks. This quiet, green city is perfect for a peaceful life with family. It offers numerous kindergartens and schools, medical facilities, and a variety of theme parks that cater to both children and adults.
Our website catalogue features up-to-date property listings in Orlando from developers and verified real estate agencies. You can filter apartment options by location, price, property type, size, and other criteria. If needed, reach out to our specialist who can assist in selecting the ideal property that matches your preferences.