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Updated over 2 years ago on . Most recent reply
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STR in Orlando - Summary
Hi BP Fam - while researching STR in Orlando, I created a summary of some key neighborhoods, criteria and helpful links. I am sharing this with the community as others may find this useful.
Please feel free to add or critique in comments.
Good Neighborhoods for STR :
Champions Gate (17 min / 12 miles)
Celebration (12 min / 6 miles)
Windsor Hills (14 min / 5 miles)
Kissimmee Area (Storey Lake) (26 min / 14 miles) - Not all communities allow STR
Davenport (Town) (33 min / 18 miles) - Many communities in Davenport allow STR but not all
Solara (22 mins / 13 miles)
STR Not allowed in these neighborhoods (as of writing this post):
Windermere (18 min / 10 miles)
Harmony (17 min / 12 miles)
Winter Gardens (26 min / 13 miles)
Notes and Criteria:
- there may be STR restrictions by Orange County so research before investing
- Any property zone for STR is going to have an HOA that allows it. You only want to be in communities than allow it
- closer to Disney is preferred (15-30 min drive)
- Updated decor increases desirability (Disney themes)
- Preference given to larger homes (3+ bedrooms) vs. townhomes
- Games room (arcade and other equipment, sound and lighting)
- Pools are preferred
- If you're buying in community with HOA, check STR rules and any other costs
- invest in good photography to make your listings stand out
Helpful links:
COMMUNITIES ZONED FOR SHORT- TERM RENTALS IN KISSIMMEE, FLORIDA (thanks to @Valentina Naumenko)
https://www.biggerpockets.com/...
LOCAL MEETUP
https://www.cfri.net/default.a...
Thanks for insights provided by experts in the area:
Mike Shulman @strrealtor (Realtor)
Alice Horn @aliceh27 (Property Manager)
Most Popular Reply
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@Kash Jawed I'll piggy back off of what @Jay Breitlow said with regards to Celebration and Orange county being correct. There are several great communities that have been left off of your list and some others need clarification as well. Not trying to nit pick, but for those out of the area looking to research, it is important.
Championsgate also has residential sections that have minimum lease requirements of 7 months, so you have to know neighborhoods inside of the community allow it, the same with Storey Lake.
I am also going to challenge your distances. It doesn't say distance to what, but assuming its Disney. And in that case, depends on what part of the massive Disney property you are measuring to. Windsor Hills is less than 3.4 miles to Animal Kingdom, so in your marketing...you could show Disney is much less than 3 miles to be on property....and that is also true for all of your other distances. For example, Storey Lake is only about 9 miles, not 14.
The link for 'communities zoned for STR' is from 2015. Some of the best communities either were still being build or didn't exist in 2015 when that list was created, for example. What most people call Championsgate is actually deeded as 'Stoneybrook South', the original name of the development. It' missing Solar, Solterra, Windsor at Westside, Windsor Island and several others.
Thanks for your time and input, just trying to clarify on some of the details.