Welcome to Florida Estates
Our prices currently start at $118,500 to buy a property in Florida.
Click here
to see a selection of our latest properties. Alternatively, tell us
what your looking for, and your set budget and we will endeavor to find
it for you.
BUY A HOME IN FLORIDA AND EARN INCOME BY RENTING IT OUT
| - Guaranteed Rental Program |
|
| - Private Heated Swimming Pool |
| - Double Garage |
| - Full Air Conditioning / Heating |
| - Landscaped Gardens |
| - Full Kitchen Appliance Package |
| - All Carpets and Flooring |
| - Window Blinds |
| - Lawn Irrigation |
Why move to Florida?
FLORIDA IS REWARDING BUYERS WITH A strong rate of annual capital appreciation,while
promising a good potential income from a tried and tested rental market.
Soaring visitor figures and a burgeoning second home market are proof
that Britain's long standing love affair with Florida is as passionate
as ever, especially in the Orlando region where the lure of The Disney
Magic reigns supreme. Visitors in need of R&R will find Florida
oh-so relaxing, while those seeking roller coaster thrills and spills
will soon discover some of the finest theme parks on the planet.
Florida Weather
- Average yearly figures for Orlando
Why Florida?
Florida's glorious year round weather is as warm as its people, and
more than 50,000 British homeowners have now joined the local population
of 17 million and are reaping the rewards of a savvy Sunshine State
investment. Tourist figures are generally a good indication of the vitality
of a real estate market and in Florida visitors to the central 11 tourist
corridor are tipped to hit 49 million in 2006.Visitors to Orlando and
Central Florida account for 35 per cent of the total US visitors arrivals.
Average house prices here have soared past the $200,000 mark for the
first time in history: the 24 per cent rise in a 12 month period represents
an average increase of $40,000 and a hike of more than 87 per cent in
just five years.
Where to buy?
Orlando remains by far the most popular holiday destination in Florida
thanks to a range of world class tourist facilities, restaurants and
magic castles. Miami and the Everglades follow with 16.8 per cent of
the overall market, while Tampa and St Petersburg represent the third
most popular destination within Florida, with 12.3 per cent of the market,
up from 11.9 per cent in 2003. Other key areas include the white sand
beaches of Sarasota, the southwestern Gulf coastline and the quirky
tropical archipelago, the Florida Keys.
Properties in Orlando have risen 30 per cent in value on average since
January 2004, mirroring Central Florida's trend in tourism and inward
investment. Many foreign buyers choose new-build homes over a resale,
with the aim of maximizing rental appeal.They also try to find houses
as close as possible to Orlando's major tourist attractions and within
easy reach of the newly expanded international airport. Many seek a
close proximity to amenities that will drive up the return on their
investment, a factor that has seen Florida spawn several popular self-styled
"resort communities" over the last two or three years. These
offer buyers (and their rental customers) a range of first class on
site facilities such as basketball and tennis courts, swimming pools,
spa and health facilities, restaurants and bars (sometimes with hotel~style
room service) playgrounds, picnic areas, private beaches and 24 hour
security. More and more are centered on championship golf courses with
landscaped grounds and gardens, and are of a standard comparable to
a five star hotel. Prices come with a premium but its rent ability is
often optimized thanks to a package of amenities that is second to none.
What can you get for your money?
A prime example of a resort community in the Orlando area is the Peunion
Resort and Club, located on 2,300 acres in Osceola County, immediately
south of Celebration and just 15 minutes from Disney World. Recreation
facilities include three signature golf courses, while other amenities
include shops, a spa and fitness centre, tennis courts, fishing lakes
and riding stables. Prices start in the late $200,000s for a condominium
and in the mid $300,000s for a villa, both of which are eligible for
the year round rental scheme. Other resort communities in Orlando include
Legacy Pad where a deluxe pool home with three to five bedrooms is priced
from $381,990, as well as Sandy Ridge, where a similar villa costs $400,000.
Miami means business
Although the salsa city of Miami once epitomized the seedier side of
Florida, today a New York style clean-up has freed the city from a reputation
that almost brought about its demise. A skyscape of palm-edged plazas,
beach-front cafes and swish high-rise apartments overlook a slick business
district that is quickly becoming one of Miami's most desirable buy
to let locations.
Sleek, stylish and with dazzling river views Brickell on the River
is one of Miami's latest high, rise condominium projects. Located in
the business area of the city looking out onto Key Biscayne, the development
comprises a range of apartments priced from the mid $300,000s. Elsewhere
in the business district, a two bedroom, two bathroom resale condo with
striking waterfront views is priced at $699,000.
Sarasota and the Keys
North of Naples along the Gulf Coast is the pretty coastal city of
Sarasota, renowned for its pristine white sandy beaches and immaculate
streets. The city has a genteel character enhanced by large expanses
of water dotted with flotiflas of boats. It's famed for its theatre,
opera and artisans and is the self-proclaimed "Cultural Capital
of Florida" staging hundreds of performances and concerts as well
as an annual International Film Festival. Property prices in Sarasota
have risen sharply since 2000 and achieved an annual growth of 32 per
cent in 2004. In February 2005 an average family home cost $330,000,
compared to $230,000 12 months earlier. Few communities allow short-term
rental but some allow longer term leasing. In Siesta Beach these three
month lets are popular with a Canadian "snowbird" crowd, who
return to Sarasota each year to avoid their own harsh native winters.
Two bedroom condos in Siesta Beach can cost anything from $250,000 and
can command peak weekly rental rates of $4,000 per week. Expect to pay
$419,500 for a four bedroom, three bathroom home on the Lakewood Panch
development in Bradenton, and anything up to $20 million for a waterfront
pad on the exclusive Bird Key.
There is more sought after real estate in the Florida Keys, where
palm-fringed beaches and the 220 mile long coral reef inspire house
hunters to settle in an area famed for its congeniality and eccentricity.
The islanders fish, sail and hang out in bars or hammocks all day. Even
sky-high property prices (combined with a higher than average cost living)
don't dampen the appeal. A four bedroom, two bathroom home in Key West's
Truman Street will set you back at least $3.5 million, yet holiday rentals
can easily command up to $1,000 in rental per night for the right place,
at the right time, making buy to let properties feel rather stylish.
10 Reasons to Buy in Florida
|
| 1. Its the most popular holiday destination in the world, boasting
some 360 days of sunshine. |
| 2. Florida has a good year round rental potential with tourists
flocking to some of the finest theme parks and attractions on the
planet. |
| 3. Florida currently has 1750 |
| 4. A beach is never more than 60 miles away |
| 5. The cost of living is lower than the UK, and eating out is
very good value. |
| 6. Florida is English speaking with similar social values to that
of the UK |
| 7. There are numerous British Expatriate communities living in
Florida. |
| 8. Florida has hundreds of British pubs, tearooms and specialist
grocery stores. |
| 9. Flights to Florida are frequent from a number of UK airports. |
| 10. A weak dollar means British buyers get a lot of property for
their £££'s |
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us for more details
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Disneyland
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