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Top 5 Florida Real Estate Investment Markets

What Are The Top 5 Investment Real Estate Markets To Invest In Florida Today!

The Best Real Estate Investment Fix and Flip Markets in Florida Today!

Smart Real estate investors are always on the lookout for the best new investment opportunities in the Florida investment real estate markets.  If you are or have been considering  investing in the Florida real estate market, below are just a few local markets that would be a good starting point to invest in.

It would be wise to engage with local realtors and wholesalers to discuss your investment plans and use them for their local expertise and market information.

While seeking your Florida investment properties, try to locate investment properties that are located near either key business markets, transportation or hot vacation markets.   The larger job markets in the state are located in Tampa, Orlando, Miami & Tallahassee.  There are also massive opportunities for vacation rentals in Florida..VRBO and Air BnB  vacation rental strategies in Clearwater, St Pete, 30A corridor, Naples and Sarasota.

Some Great Investment Real Estate Markets To Invest In Florida Today

Gainesville Florida Investment Real Estate Market

 

Though the state of Florida was one of the hardest-hit by the housing crisis more than a decade ago, Gainesville Florida was one of Florida’s hardest hit cities. Not only were the foreclosures and short sales growing in record numbers but local residents started moving out of town in droves—some were even outright abandoning the homes that they could no longer afford. This action made the road to recovery look long and almost impossible at times. At many times, it even seemed unlikely that a recovery would take place at all.

But, Gainesville Florida surprised everyone by rebounding back just a few short years later. Gainsville has continued to rebound and grow and has not let up since.  Employment opportunities continue to increase and new buyers flocked back into the market. Now, unemployment in Gainesville Florida is below the national average as well as is the number of foreclosures. The average sales price in Gainesville is now trending upwards almost 9% year over year.

The appeal of Gainesville Florida is not expected to slow anytime soon. The increase in local job growth and affordable housing has made the local real estate market an excellent opportunity for local investors. Properties can be purchased at below market prices and flipped for a healthy margin.

Tallahassee Florida Hard Money Investment Real Estate Loan

 

Buying, renovating, and selling homes in the state capital of Tallahassee may give your investment business—and your bank account—a nice boost as well.

A record-breaking rate of low unemployment thanks to a better-than-average growth rate for jobs landed home affordability squarely in the hands of Tallahassee residents in 2019. But, the rate of local homeownership had already been on the rise for several years. And, it may continue to rise as job seekers keep moving to town to take advantage of Tallahassee’s growing reputation as Silicone Valley South—and the high earning potential that modern tech jobs bring with them.

Already, demand for the area is so strong that Tallahassee is considered a seller’s market. Median list prices are up by nine percent year-over-year, time on the market is down to less than 60 days, and sellers are getting the prices they want.

Though that may make it sound like it’s a tough market to break into as a real estate investor, your goal isn’t to buy single-family homes on the open market anyway—only to sell them there. So, provided you can buy properties off-market and keep your rehab costs in check, you should see your 2020 returns trend upward as well.

Lakeland Florida Investment Real Estate 

 

Unlike Gainesville Florida, the foreclosure rates in the Lakeland Florida area is higher than the national average, though pre-foreclosures are on the overall decline. Unfortunately, in the city itself, foreclosure filings are still high—foreclosures are running one in every 1,373 homes.

Of course, that doesn’t touch what the Lakeland area experienced during the housing crash. But, because unemployment is high which goes hand in hand with the cost of living being low at least compared to the Tampa markets to the west, it’s clear why some residents are having a hard time making ends meet. This as always creates buying opportunities.

In the Lakeland area market, seniors make up a fairly large segment of the city’s population who may be struggling with increased popularity of the Lakeland market. This increase in popularity causes housing prices to increase and gives you the ability to take advantage of the markets popularity as a retirement destination.

Because the demand for owning a home in Lakeland is on the rise, median home list prices are up as well—by 9.5% year-over-year. And, sellers are getting more than 98% of asking. So, chances are strong that, as long as you correctly calculate all of your numbers, the returns when you sell will trend upward, too.

A good investment strategy would be to reach the homeowners who are having trouble paying their bills and offer to purchase the property at a distressed price prior to the property being foreclosed or hitting the market.

With hard money and private equity investment real estate loans, Tampa 
Orlando and Miami are a boom for real estate investors in the state.
High leverage, Fast Close!

Kissimmee Investment Opportunities

Yes, Orlando has topped a few lists in its time as one of the best places to buy rental property, but its small southwest neighbor, Kissimmee, should top your list as a great spot to buy, renovate, and sell or rent homes. With more renters in Kissimmee than homeowners it certainly does makes sense to add a few rentals to your investment portfolio—especially if you can secure a good cap rate. But, with the average home  prices moving upward year after year, you could also realize nice returns if you should decide to sell.

Either way, the number of people who want to rent or buy in Kissimmee should easily go up in 2024. The number of residence here grew more than 23% between 2010 and 2018, according to the U.S. Census Bureau. That’s a whopping 10% higher than the population growth rate for the entire state and continues to grow.

And, since the relative cost of housing averages less than nearby Orlando, those that are on a fixed income, like retirees and veterans or families on a budget, will find Kissimmee good affordable option.

Housing Market Quick Facts

  1. Orlando Florida is listed as the #1 Best Places to Buy a House by Forbes for the third year in a row. Projections by Forbes suggest up to a 35% increase in housing prices by 2021 and growth through 2025.
  2. The Metro Orlando Florida market is the 4th largest metro area in the country, and it is also the fastest growing metro area in the nation.
  3. There were over 68 million people who visited the Orlando area in 2019, making it the most visited tourism destination in the country.
  4. The population in Orlando has increased over 20% since the year 2010. To date the Metro Orlando market houses over 2.6 million residents.
  5. Area rents have grown by 3.44% over the last 12 months, which is 134% higher than the national levels.
  6. Orlando’s projected job growth for the next 10 years is the highest in the US among the 200 largest Metro’s, Forbes reports.
  7. Orlando Medical City currently boasts a $7.6 billion economic impact and will shortly create over 45,000 jobs.

Tampa Florida Hillsborough County Investment Real Estate Loan

Why is Tampa on our list of best places to buy real estate in 2023? To start with, the local economy is worth over $130 billion dollars and the metro area market has been ranked as one of the fastest growing markets in the country. Tampa continues to place a strong focus on job growth and companies such as financial services and healthcare are flocking here.

The Greater Tampa Bay area has created more than 34,300 new jobs in just 12 months, with a job growth rate 71% above the national average. There are more than 19 firms with annual revenues of more than $1 billion are headquartered in Tampa and it is home to four Fortune 500 companies. Tampa and the surrounding areas continue to be some of the best real estate markets in the country.

Lakeland Florida Investment Real Estate 

Unlike Gainesville Florida, the foreclosure rates in the Lakeland Florida area is higher than the national average, though pre-foreclosures are on the overall decline. Unfortunately, in the city itself, foreclosure filings are still high—foreclosures are running one in every 1,373 homes.

Of course, that doesn’t touch what the Lakeland area experienced during the housing crash. But, because unemployment is high which goes hand in hand with the cost of living being low at least compared to the Tampa markets to the west, it’s clear why some residents are having a hard time making ends meet. This as always creates buying opportunities.

In the Lakeland area market, seniors make up a fairly large segment of the city’s population who may be struggling with increased popularity of the Lakeland market. This increase in popularity causes housing prices to increase and gives you the ability to take advantage of the markets popularity as a retirement destination.

Because the demand for owning a home in Lakeland is on the rise, median home list prices are up as well—by 9.5% year-over-year. And, sellers are getting more than 98% of asking. So, chances are strong that, as long as you correctly calculate all of your numbers, the returns when you sell will trend upward, too.

A good investment strategy would be to reach the homeowners who are having trouble paying their bills and offer to purchase the property at a distressed price prior to the property being foreclosed or hitting the market.

Kissimmee Investment Opportunities

Yes, Orlando has topped a few lists in its time as one of the best places to buy rental property, but its small southwest neighbor, Kissimmee, should top your list as a great spot to buy, renovate, and sell or rent homes. With more renters in Kissimmee than homeowners it certainly does makes sense to add a few rentals to your investment portfolio—especially if you can secure a good cap rate. But, with the average home  prices moving upward year after year, you could also realize nice returns if you should decide to sell.

Either way, the number of people who want to rent or buy in Kissimmee should easily go up in 2020. The number of residence here grew more than 23% beween 2010 and 2018, according to the U.S. Census Bureau. That’s a whopping 10% higher than the population growth rate for the entire state.

And, since the relative cost of housing averages less than nearby Orlando, those that are on a fixed income, like retirees and veterans or families on a budget, will find Kissimmee good affordable option.

Housing Market Quick Facts

  1. Orlando Florida is listed as the #1 Best Places to Buy a House by Forbes for the third year in a row. Projections by Forbes suggest up to a 35% increase in housing prices by 2021.
  2. The Metro Orlando Florida market is the 4th largest metro area in the country, and it is also the fastest growing metro area in the nation.
  3. There were over 68 million people who visited the Orlando area in 2019, making it the most visited tourism destination in the country.
  4. The population in Orlando has increased over 20% since the year 2010. To date the Metro Orlando market houses over 2.6 million residents.
  5. Area rents have grown by 3.44% over the last 12 months, which is 134% higher than the national levels.
  6. Orlando’s projected job growth for the next 10 years is the highest in the US among the 200 largest Metro’s, Forbes reports.
  7. Orlando Medical City currently boasts a $7.6 billion economic impact and will shortly create over 45,000 jobs.

Tampa Florida Hillsboro County

Why is Tampa on our list of best places to buy real estate in 2023? To start with, the local economy is worth over $130 billion dollars and the metro area market has been ranked as one of the fastest growing markets in the country. Tampa continues to place a strong focus on job growth and companies such as financial services and healthcare are flocking here.

The Greater Tampa Bay area has created more than 34,300 new jobs in just 12 months, with a job growth rate 71% above the national average. There are more than 19 firms with annual revenues of more than $1 billion are headquartered in Tampa and it is home to four Fortune 500 companies. Tampa and the surrounding areas continue to be some of the best real estate markets in the country.

Tampa Florida Housing Market Statistics

  • Median Sales Price: $225,250
  • Median Rent Per Month: $1,485
  • Median Household Income: $65,196
  • Metro Population: 3.1 M
  • 1-Year Job Growth Rate: 2.52%
  • 7-Year Equity Growth Rate: 106%
  • 8-Year Population Growth: 12.69%
  • Unemployment Rate: 3.4%

Tampa Florida Housing Market Quick Facts!

  1. Tampa area has a population of over 3 million, a local economy worth over $130 billion, and is one of the fasted growing metros in the United States.
  2. An area with mostly high-priced homes, Tampa still has many pockets where investors can find homes at affordable prices (even as low as $130,000) and turn around to rent them for around $1,450 a month.
  3. New jobs flocking to Tampa from Amazon and a talent pipeline from the University of South Florida helped push the Tampa metropolitan area to the No. 15 spot on the Milken Institute’s 2018 index of best-performing cities in the United States.
  4. The area has a number of strong Fortune 500 companies including Publix Super Markets Inc., Jabil Circuit Inc., and WellCare Health Plans, Inc.
  5. Tampa remains a fantastic tourism market and one of the best cities to buy real estate. It’s a popular option for retirees as well, providing for many short-term rental opportunities.

With hard money and private equity investment real estate loans, Tampa 
Orlando and Miami are a boom for real estate investors in the state.

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