Orlando Real Estate Blog

Windsor Hills Reserve

I just received an email from the builders at Windsor Hills Reserve with a great offer on an inventory home that did not close and was just released back into the inventory. The builder is offering the following homes at a substantial discount:

Lot #64 SOLD! - In Less than 24 hours

• Model: Seville
• 2 Story Home
• 5 Bedrooms / 5 Bath
• Square Footage: 2336

Managers Special: $451,150

The builder also has one other home that they would like to sell before releasing the next set of homes. This home is scheduled to be completed in January / February of 2008.

Lot #124 - SOLD!  - In Less than 48 hours

• Model: Brentwood
• 2 Story Home
• 6 Bedrooms / 4 Baths
• Square Footage: 2812
• Original Price: $518,810

Manager Special :…

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The Great Wheel Orlando

The Great Wheel Corp. has purchased a piece of property near the Orange County Convention Center. This property, which sits on thirty-seven acres, was bought for thirty-eight million dollars.

UPDATE: Read our I-Drive 360 / Orlando Eye Blog Post

This purchase contributed to a three-way deal. The land was first sold to Shamanand “Sham” Maharaj’s Buena Vista Corp. by Westwood Boulevard Ltd. They then sold the property to Great Orlando Wheel.

Great Wheel purchased the property so they could build a rotating observation wheel. This wheel would be part of an International Drive resort complex, reports Orlando Business Journal. The wheel will have a 960-person capacity and these visitors will be taken on rides in pods that have been equipped with air…

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Emerald Island Resort Foreclosure

This beautiful 7 bedroom Orlando investment property with private pool and spa in the Emerald Island Resort in Kissimmee, Fl is currently in foreclosure and is being offered at $399,900. This property was originally purchased in 2004 for $515,000 and has approximately $55k worth of furnishings. The Orlando home is being sold fully furnished.  This is a great opportunity to invest in a vacation home in a guard-gated community just minutes from Disney for approximately $140 per square foot.

8512 Sunrise Key Emerald Island

For more information please contact Jeffrey Funk at 407-438-4028

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Building an Energy Efficient Home

Building an energy-efficient Orlando new home is a huge trend these days, with the prominence of global warming being just about everywhere we go. Energy efficiency is not only great for the environment it can lead to healthier living as well as cutting monthly bills drastically. When thinking about building an energy-efficient home, there are a few things to keep in mind.

The first thing to consider is the climate the house will be built in. How hot or cold the weather will be will as well as if the climate is dry or humid be a large factor in the materials that are needed. Solar paneling may be an option if there is enough sunlight provided during the day. Because soil is different in different climates, it’s also a good idea to have the soil tested…

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Vista Cay and The Isles at Cay Commons Buyers Incentives

Pulte Homes has recently announced some great buyers incentives at Vista Cay  at Harbor Square and The Isles at Cay Commons. These Central Florida communities are in an excellent location adjacent to the Orlando Convention Center and offer a many resort style amenities.

Below are the current incentives offered on these great Orlando Investment Properties:

Vista Cay at Harbour Square - Bayshore: Price incentive $30,000

Vista Cay at Harbour Square - Monterey: Price incentive $25,000

The Isles at Cay Commons - Ventura: Price Incentive $15,000

Buyers are also able to participate in the Pulte Rewards Program where they will receive the following:

• $6,000 Closing cost contribution
• Homeowner's Association Dues Paid Through:
• Vista Cay…

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Lake Nona Village Construction Set to Begin

Lake Nona in the Southeast section of Orlando is about to see it’s first construction on a mixed-use development. The Lake Nona Village project construction is said to begin in October.

This mixed-use project will include seven hundred thousand square feet of retail, restaurants and office condos. Also included in the project are twenty-two residential condos and ninety-nine apartment units. This project, which will be known as Lake Nona Village, will sit atop fourteen and a half acres on Narcoossee Road.

The commercial and retail space will be built first with the residential units being started when those are just about completed. The developer for the project is Van Metre Companies and Colliers Arnold will be responsible for leasing out the…

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Building a Green Home

Everyone is going green these days and it’s no different when it comes to homebuilding. Homes take up a lot of the energy consumption being used and by micro-managing and making sure that one thinks green when thinking about the small details, this can have a huge impact on the environment, the bank account, and the health of everyone living on the planet.

One of the biggest advantages to building green are the health benefits involved. Often, indoor air quality can be much poorer than the air quality of the outdoors. This is because there are many furnishings, carpet and insulation that can release toxins and trap moisture. There are also a number of household products that can release harmful toxins into the environment. These include cleaners,…

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Orlando CVB Endless Summer Campaign

The Orlando - Orange County Convention and Visitors Bureau has a new marketing campaign that was recently announced by President Gary Sain. Sain made the announcement at an industry-wide luncheon, which had over six hundred and fifty guests. This marketing campaign focuses on keeping summer in bloom all year round with the tag line “Endless Summer – It’s not a season. It’s a state of mind.”

The luncheon was one event in a day-long program that the bureau hosted for those in the industry to let them know the status of the first year’s marketing tactics and to let them know what the next year will bring.

The bureau’s vice president of public relations, Danielle Courtenay, explained that this campaign was perfect for Florida as people don’t often…

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Celebration Golf Course Gets a Face Lift

Two million dollars worth of improvements have gone underway at the Celebration Golf Club. These improvements will include having the golf course bunkers completely redone. Robert Trent Jones Sr. and Robert Trent Jones Jr. co-designed the course, which was built ten years ago. Golf Digest Magazine has given the course four and a half stars and Florida Golf News has ranked the course twelfth.

The club’s general manager, Gene Garrote, is hoping that the course will have a five star status once the improvements have been completed. Completion is scheduled for October. Garrote reports that one third of the new improvements is for new equipment, including completely new golf carts.

However there are other improvements being made. One of these is repaving…

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Orlando Foreclosures

Are you interested in buying a distressed property? Pre-foreclosure filings were on the rise last month in Florida, placing it at the No. 2 spot across the nation for total filings and filings per capita, claims Foreclosures.com. In first place was California with 132,101 year-to-date pre-foreclosures, and Florida followed closely behind with 111,236. Florida was also just behind Nevada’s 2.55 percent per capita with a 1.76 percent per capita.

In July alone, Florida had 21,120 filings, which was well above the 13,005 filed in June. These were still very close to the numbers in California who had a total of 23,662 filings in July. However, they were much higher than the 6,498 cases filed in Texas. A report from Realty Trac. shows that Florida is number…

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