New investor - Florida market analysis

[Sofia Raj]

hi ,

I am a new investor. Looking in Florida orlando area for rental properties. Anyone has good suggestions on suburbs for rental market? Any warnings on Orlando market?

What's the median price on homes in lake Mary or Sanford area ? 

Thanks

[Andrew Davis]

Hi @Sofia Raj, welcome to BP!

I'm an active investor/agent in the Central Florida market, so I'd be happy to answer any questions you have.

I think East Orlando has some great opportunities, and there still plenty of good deals to be had in the outlying counties (Seminole, Polk, etc...). You can still find the rare deal (on the MLS) in Orange county, it's just very competitive.

Sanford and Lake Mary are very different markets, so combined median price would not be very informative for you.

Here's for Sanford over the last 6 months

Here's Lake Mary

Hope that's helpful, feel free to reach out anytime.