Orlando Real Estate Blog - Orlando Real Estate

Lighthouse Key Resort Orlando Buyers Incentive

The Lighthouse Key Resort and Spa in Kissimmee has just announced their fall buyers incentives. These incentives are for the full ownership programs not the fractional ownerships.

Buyers choosing to purchase an exclusive ownership at the lighthouse key resort and spa in Orlando can choose from the following incentives:

Option 1:  $12,000 towards closing costs and one year of HOA Fees Paid

Option 2: 1 year lease back of the property at $1,5000 Per Month

Pricing at the Lighthouse Key is as Follows:

Model: Faircrest

2 Bedroom / 2 Bath  1,090 SQ FT - Starting at: $399,900

Model: Grandview

3 Bedroom / 3 Bath  1,722 SQ FT - Starting at: $461,900

Model: Hampshire

3 Bedroom / 3 Bath  1,961 SQ FT - Starting at: $473,900

Model:…

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WorldQuest Resort Orlando

WorldQuest Resort, which is located close to Disney World, has just been placed on the Expedia.com Insiders Select list. This Orlando condo hotel  project, which has a total of 660 units has been developed by Jordan Development Group LLC. This is a huge honor for the development company as only one percent of Expedia.com properties were placed on the list.

To determine who would make the list, over three thousand travelers and three hundred local experts and hotel marketing managers were consulted. Criteria for making the list included service, overall experience and value.

This fabulous resort is located off of South International Drive and west of State Road 535. The developers are currently working on the final stages of construction, which will…

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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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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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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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Orange County Tourist Tax June 2007

I am happy to report that I have some good news regarding tourism numbers. Resort tax collections in Orange County were raised almost four percent in the month of June. This should be good news for people that are looking to purchase an Orlando vacation property in our current buyers market.

The six percent hotel tax had produced $14.9 million in June. $12.4 million was taken from the first five cents of the tax. The sixth cent took $2.5 million. The sixth cent was added in September by The County Commission.

The June 2007 tax receipts had increased to $466,000 or 3.9 percent. In June 2006, the five percent rate created $11.9 million.

It is definitely encouraging to know that the resort tax had increased some after two months of declining tax…

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