The Orlando Condo Blog

Orlando's Real Estate Pulse…

Orlando Condo Investor Update

With spring in Orlando already well underway, were seeing uptick in the number of enquiries we are receiving from our clients who are thinkng about either exiting the marketplace, or acquiring new properties. As those of you who purchased through our real estate division know, at Condo Metropolis, apart from managing our investors condos and [...]

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State of the Condo Market

According to a recent report by Movoto Real Estate, the price for condos increased in October when compared to the same time a year ago. This increase, caused by a lack inventory, is good news for sellers. Nevertheless, while the current market favors sellers, month-over-month data indicates that more condos are coming on the market, which [...]

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Condo Amenities, Are They Really Worth It?

Do you love the sights and sounds of downtown Orlando and already see yourself on the balcony of a high-rise condo toasting with friends?  Of course you do, but you’re not sure if all the amenities are worth the extra cash you’ll be shelling out to live in a downtown condo. In this post we’ll [...]

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Madison Condos New Website

The Madison Condos in MetroWest has a new website that reflects the condominium’s, new self-managed status. The site offers live MLS access and owners and would-be owners can see the inventory that is currently up for grabs, as well as competing units in the 32835 (MetroWest) zip code. There are separate news sections for owners [...]

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The Windward on Lake Conway Condos

Conway Crest condos are back – as The Winward on Lake Conway Condos. For those who were wondering what happened to the 29-home condo community, they were purchased by a new owner/developer (Concord/Wilshire) and after a change-over period, they are now back on the market. Sales began last year and have been ramping up over the [...]

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Condos Versus Townhomes

Question: What is the difference between a condo and a townhouse? Can one be both a condo and a townhouse? Answer: The term “townhouse” is often used to describe side by side common wall units which may or may not be condominiums. The definition of a condominium is about how real estate is held: All condo owners [...]

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Investors: No, you can’t use the pool!

It comes as a surprise to some, but under the Florida Condominium Act, when an owner decides to rent out their condo, their rights to use the on-site amenities like the pool, gym, tennis courts etc. pass to the renter. “Dual use” as it is referred to, is generally prohibited by the governing documents, meaning [...]

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Orlando Condo Penthouses in Demand

The Orlando Sentinel reports that “Five years after local real-estate professionals wrote off the downtown Orlando condominium market as a dark-windowed wasteland of half-empty towers, urban lifestyles and downtown views have sparked bidding wars on upscale units.” However the piece fails to acknowledge the one of the key determining factors in the increased dollar sales. [...]

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HOA Liability in Trayvon Martin Case

So much for “gated communities.” Attorney Ken Direktor appears on CNN discussing potential association liability on the Trayvon Martin case. Interesting stuff. Orland condo buyers should worry more about the community itself rather than whether or not it is gated. Half the time, the issues are on the inside of the gate!

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Can COA’s Prevent Investors from Renting?

Question: When I bought my two condominium units, the documents allowed units to be rented. Thereafter, the condominium declaration was amended to prohibit rentals altogether. I did not vote in favor of the amendment. Subsequent to the effective date of the amendment, I sold one unit, but I have also kept one unit. Can I [...]

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