If you are a buyer in the real estate market right now, you may feel that all the good ones are taken. Homes in excellent condition are still selling very quickly and for top dollar. The overall market in Orlando is up 11% since this time last year.
The market keeps going up and up, and yet there are still a lot of listings available. There are actually some great deals on the market if you have some imagination and do your research. A good deal can come in the form of a great sales price for the area or even a great price per square foot. If you can buy a property for a low price per square foot for the locale, well you have gotten “bang for your buck” so they say.
Here are my top picks for the best deals in some of the hottest Downtown Orlando neighborhoods:
211 N HYER AVE, ORLANDO, FL 32801
*Listing courtesty of Old Town Brokers
Thornton Park – Thorton Park is one of the most desirable neighborhoods in the Downtown area. There are few homes for sale, because geographically it’s just not that large of an area. This duplex for sale is a steal for only $289,000! This is a great opportunity for an investor to immediately start making money.
151 E WASHINGTON ST, #215, ORLANDO, FL 32801
*Listing courtesy of Keller Williams Classic
Central Business District – The Central Business District is home to many condo buildings. The Metropolitan features Lake Eola views and is in walking distance to all that Downtown Orlando has to offer. It is also home to this lovely unit that is priced extremely well at $115,000 with 975 sq. ft. It is by far the most square footage for the price in the direct Central Business District available.
219 S LAWSONA BLVD, ORLANDO, FL 32801
*Listing Courtesy of Smith Property Group LLC
Lawonsa Ferncreek – This historic neighborhood is home to Dickson Azalea Park and the iconic Washington St. bridge. This home Is priced right and full of history too. With almost 3400 sq. ft. and only $495,000, it’s a unique find for the neighborhood!
527 BROADWAY AVE, ORLANDO, FL 32803
*Listing Courtesy of Coldwell Banker Residential RE
Lake Eola Heights – Another historic neighborhood just blocks to Lake Eola (hene the name!). This listing is probably a dream home for any fans of historic architecture in Downtown Oralndo! This short sale is a distressed sale, so it is available for a list price of $635,000 and priced as one of the lowest price per square foot in the neighborhood (not including condos). With over 3500 sq. ft., a pool, and walking distance to Lake Eola you are certainly getting an amazing value!
210 PHILLIPS PL, ORLANDO, FL 32806
*Listing courtesy of Keller Williams at the Parks
Delaney Park (Lake Copeland, Lake Cherokee, and Lake Davis areas) – This part of town is home to lake views and historic mansions. This Lake Copeland beauty is for sale for only $599,000. If you love the historic look of homes in Downtown Orlando, this could be your dream home!
636 PARK LAKE ST, ORLANDO, FL 32803
*Listing Courtesy of Colonialtown Realty
Park Lake Highland – Just outside of the Central Business District, Park Lake Highland is home to many exlcusive homes new and old and the Lake Highland Prep school. This listing is a charming historic bungalow with tons of charm and tons of space. Listed at $434,500 with over 2,300 sq. ft. and walking distance to Ivanhoe Village and Downtown – Don’t hesitate on this one!
Which is your favorite? Have you seen any great deals lately?
*Disclaimer* This list is based on my opinion and does not necessarily represent the loweset price in the neighborhood or the lowest price/sq. ft. The listings are published through the multiple listing service and some are listed with other brokers.