Why Lake Nona is one of the most popular areas for long term rentals in Orlando. Lake Nona has rapidly transformed from a master-planned community into one of the most strategic real estate submarkets in Orlando. Master-planned communities historically outperform surrounding areas in price stability, rent growth, buyer desirability and supports future valuation growth. As infrastructure and commercial density increase, residential values typically follow along with explosive population and job growth. Did you know that Orlando is one of the fastest growing metro areas in the U.S.? Lake Nona is attracting high income professionals in Healthcare, Biotechnology, Aerospace & Defense, Tech & Simulation, and those migrating to the Central Florida Market from high tax states such as New York, California and New Jersey. Lake Nona Medical City is the foundation of the area’s economic strength.
Major institutions include the UCF College of Medicine, Nemours Children’s Hospital, Orlando VA Medical Center, AdventHealth. and Lake Nona Hospital. These institutions provide thousands of stable recession proof jobs, attract research grants and biotech startups, and create consistent demand for both rentals and owner occupied homes. Lake Nona is located 10 minutes from the Orlando International Airport, provides direct access to State Road 417 & 528, and is close to major employment corridors. Other key features are town centers, retail, dining, A-rated schools, smart-city infrastructure, extensive parks and trails, and mixed-use developments. There is a strong demand for rental homes from medical residents, traveling nurses, young professionals and there is a limited high-density inventory relative to demand. Lake Nona combines the stability of a healthcare-driven economy, the growth of a sunbelt metro, and the controlled supply of a master-planned community.
It offers both defensive protection and upside appreciation — which is rare in today’s market. For more information on purchasing an investment property or providing property management services, in the Lake Nona area, please contact us at 407-544-0827. TrustHome Properties. Your trusted advisor.
