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Updated over 3 years ago on . Most recent reply

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Brian Morales
2
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1
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Newbie! Investing in PortOrange, Daytona, Ormond, or PalmCoast FL

Brian Morales
Posted

My Job is relocating me to Palm Coast FL for a 2yr project. I don't want to rent and would like to purchase a property to live in while I am there with the intent of renting it out once I leave. I am not to familiar with this area. 

Palm Coast seems really attractive it is a very clean, manicured, and newer area. I can get more for my money in Palm Coast but it almost seems like there is a grey cloud over this area by the few conversations I have had with a few people.

Does anyone have any experience investing in the St. Augustine, Palm Coast, Ormond Beach, Daytona, or Port Orange Area? Any market advise or input on these areas would be greatly appreciated.  

Thank you!

Most Popular Reply

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74
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44
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Brandon Hobbs
  • Investor
  • St. Augustine, FL
44
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74
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Brandon Hobbs
  • Investor
  • St. Augustine, FL
Replied

@Brian Morales I am very bullish on Palm Coast. Currently invested in a couple of commercial properties there and looking for more. Boston Whaler just moved HQ to Palm Coast, new hospitals under construction, still very attractive price points for SFR compared to surrounding areas. Beach isn't as enjoyable as some of the other close by beaches, lots of rocks. But short drive to Flagler, St Augustine, Daytona, Ormond, etc which all have great beaches. Lots of retirees but demographic is diversifying. Strong city ordinances create barriers to entry (opportunity) and thats a good thing IMO. Check them all out, live where you want to live, invest in Palm Coast. My 2 cents.

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