Malibu Groves West Orlando Investment

[Ndu Nwachuku]

Hi everyone! I'm a new investor who's recently purchased a property in the Malibu Groves area, close to some impressive mansions. Despite its awful reputation, I see great potential due to its proximity to key attractions.

I'm reaching out to ask: Are there any plans to revitalize this neighborhood? What are the prospects for value increases in this area? If anyone has insights into upcoming developments or timelines your input would be invaluable to me.

Thank you in advance for your guidance and sharing any information you might have!

[Shawn McCormick]

Hi @Ndu Nwachuku not sure where you got your information from, but I can say pretty confidently that area will not be getting any improvements and values will not improve commensurate with the rest of the Orlando MSA. 

Proximitity to key attractions? You mean the 33rd street prison? The fairgrounds? or the ghetto areas like Parramore? If you are thinking short term rental because Universal studios is fairly close, you can't STR in Orange County, so that is out too.

I wish you the best and maybe there is something that I'm unaware about, but nothing I know of.