The Orlando Condo Blog

Tuscany Preserve in Kissimmee has 12 units priced from $139,900 - $294,900. The gated community has all the usual amenities and 4 golf courses and shopping plaza within 1-2 miles.
The following great incentives apply:

ADDITIONAL $10,000 - $25,000 CASH BACK ON SELECTED MODEL FOR THE FIRST 3 BUYERS.
POSITIVE CASH FLOW OF $1,954 - [...]

According to the latest Orlando Sentinel Story MetroWest’s most luxurious new condo building Veranda Park is having financial troubles.
And who isn’t?
Just another Orlando developer clipped by an anemic economy and housing market which is hurting everyone - except savvy buyers who are beginning to move in and take advantage of great pricing.
In April we posted [...]

As promised last week, here is news of the latest deals at Reunion Resort in Orlando. Last weekend, Bobby Ginn met with the Reunion sales team and announced several new phases of amenities to come to Reunion along with the immediate expansion of their own multi-acre Water Park. Ginn will also make all Reunion owners [...]

Sounds like Reunion is getting ready to move the remaining Villas at Reuion Square. These are the condominiums surrounding the waterpark and downtown area that they have been selling at prices ranging from $635,000 to $705,000 with an incentive package. It seems the company is going to eliminate the incentive package and slash the prices [...]

According to a recent (Star Tower) press release, their half-acre rooftop garden on Osceola St. in downtown Orlando is fast becoming the new “in” venue in downtown Orlando.
Albert Kodsi, president of Royal Palm who along with Historic Creations of Orlando developed the Star Tower condo, said recent rooftop events have included political rallies, charitable fundraisers [...]

A beautiful golf-front condo in exclusive Reunion Resort & Club has just been drastically reduced to $399,000 completely Furnished! Every other condo that has been purchased since 2007 in Heritage Crossing has sold from $569K- $452K, with the average purchase price being $481K. The owner of this privately owned condo wants to make a deal [...]

This week’s OBJ reports that the owners of Orlando’s Palazzo del Lago may be selling their 41 acres of condo hotel entitled land, suggesting that this may be the latest I-Drive project to go belly up. International Plaza dropped it’s sales efforts last year and others are not looking so good - with loans becoming [...]

STOP PRESS: 2 one-bedroom lake views purchased at auction have just come back on the list due to buyer being unable to close. One is third floor, one is first floor. These were among the first to be picked up at auction so if you were disappointed at not being able to get a lake [...]

Last week’s Orlando Business Journal highlights some of the headaches currently facing Orlando’s condo developers:
At Veranda Park in MetroWest, eight developers have filed a total of $11.2 million in leans against the billion dollar project. To date, only half of the 10 projected buildings have been built and it’s impossible to imagine the rest, including [...]

Condo Metropolis is pleased to announce continued pricing on a limited number of Tradewinds condos for those who can act quickly. Auction pricing was $85k plus a 10% buyer’s premium = $93k.
Condo Metropolis can secure a unit for you with the auction company at this same $93k price for very a limited time.
Quick-Facts

Built 1989-1991
MetroWest [...]

So here’s the post-auction pricing at Solaire for what’s left - any thoughts?

Palm Harbor, in case you’re wondering, is on the Gulf side of FL near Tampa (West Coast.) This condo conversion looks like a great leaseback deal for investors / overseas buyers… i.e. when you purchase here, they will guarantee full rent for at least two years regardless of occupancy, plus pay 2 yrs of taxes [...]

The buyers might have liked them a little cheaper. The developers might have liked a little more money. But in the end, nothing spectacular happened at the Solaire condo auction. And an hour and a half after it began, it was all over. About 150 folk showed up in the end - and although 42 condos were originally offered, [...]

You probably know this already, but you can pay a decent premium when buying downtown if you want a view of Lake Eola - rather than the I4 freeway.
But standing between the 35-story tower and its views of the lake and park could be a 42-story tower that will leave residents of the Vue looking at a wall [...]

Tradewinds Condo Auction
100 Will Sell Absolute!          [...]