Orlando Regional Realtor® Association reports home values up 4% in May 2019

Orlando Regional Realtor® Association reports home values up 4% year-over-year in its monthly “Market Pulse” report for data from May 2019. The median home value increased from $233,000 in May 2018 to $243,000 in May 2019. Inventory remains bleak with only 2.1 months available, well below a healthy balance of 6 months. However, condo inventory is leading the Orlando area with a 27% increase in condos available year-over-year. The full report is available here: ORRA Market Pulse Report published June 2019

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For Rent – 151 E Washington St #627, Orlando, FL 32801

Wow! RARE opportunity for this 6th floor condo For Rent w/ clear views of Lake Eola & Lake Eola Park from both the bedroom & living room. Condo just completed a major renovation project incl. bathroom upgrades, all new flooring, new paint & other improvements. Kitchen features stainless steel appliances: dishwasher, microwave, refrigerator, & oven/range. Full-sized washer & dryer incl. Water/sewer/trash are incl. Community amenities include in-ground pool (refurbished 2019), fitness ctr., coin laundry facility, lobby with on-site property manager, security staff, gated community & parking garage. This particular unit does NOT have a balcony, nor do the windows open. The Metropolitan at Lake Eola is an older building, however you will not find a better deal in the heart of downtown Orlando. Located just blocks from 40+ bars & restaurants, nightlife, grocery shopping, retail stores, banking, convenience stores, & much much more! Immediate area attractions include Walt Disney Amphitheater, Thornton Park, Orange Ave, Dr. Phillips Center, Wall St, Church St, Sunrail, Amway Center & OC Stadium! The city lifestyle you’ve been yearning for is here! This condo has never lasted on the market for more than a few days. Standard 12-month lease w/ potential option to extend. There is ONE assigned parking space in the garage. HOA has passed NO pets policy! Hurry-up & move-in just before the upcoming July 4th Fireworks Celebration! Condo is ready for immediate move-in! Your downtown Orlando lifestyle awaits!

  • 1 Bedroom/1 Bath
  • 645 Sqft.
  • Built 1963
  • Thick, double-pane windows
  • Dual A/C Climate Control
  • Washer/Dryer Included
  • Located on the 6th floor
  • Window Treatments included
  • Water/Sewer/Trash Included
  • Stainless Steel Kitchen Appliances – Refrigerator, Dishwasher, Microwave & Oven/range
  • Waterfront to Lake Eola & Lake Eola Park
  • Community Amenities including Gated Entrance, Parking Garage, Security, Community Pool, Fitness Center & Recreational Facilities
  • Condo just underwent major renovations including all new porcelain tile flooring, interior paint & bathroom upgrades.
  • Broker’s Protected – Leasing Agent Fee
  • HOA Application Fee, Approval Process & Move-in Fees are required
  • Condo is available for immediate move-in, after HOA approval process
  • HOA prohibits pets in rental units
  • Minimum lease of 12 months
  • $1195 per Month
  • Security Deposit of $2000 (HOA will hold $500 of the Security Deposit)
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Approx. 30 Photos & More Information available on www.JasonCraneRE.com
  • MLS ID: o5794107

Orlando Regional Realtor® Assoc. reports first decline in median value in nearly 8 years

Orlando Regional Realtor® Association reports 1st decline in median home value after nearly 8 years of price appreciation, in its monthly “Market Pulse” report for Apr. 2019. Inventory still near record low levels w/ only 2.3 months of supply available. Prices are down only 1% year-over-year with a median home value of $235,000 for Central Florida. The traditional summer selling season is just around the corner & historically, jumps are expected in prices & sales. Central Florida is still overall in a seller’s market, although prices of $600,000 & above are generally favoring buyers. Condos are experiencing the highest increase in sales & prices were up 6% year-over-year. Full report available here: Market Pulse Report for data from April 2019

10026 Chesham Dr, Orlando, FL 32817 — Listed For Sale

Amazing opportunity for this Dean’s Landing home located less than 10 minutes from University of Central Florida. Home located in an established neighborhood with quiet side streets, mature landscaping & sidewalks. Fenced yard with spacious screened patio. Nice sized interior with soaring vaulted ceilings, ceiling fans, vast kitchen, open layout & split floor plan. Home is located within minutes of Spectrum Stadium, Full Sail University, Winter Park Pines Golf Club, & an abundance of dining, shopping, banking & so much more! Quick access to 417, Hwy 50, 408, University Blvd, & Aloma Ave. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approximate & should be independently verified. Proof of funds/pre-approval letter required with all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan prog. HOA dues are subject to change & special assessments & must be verified by buyer. MLS info. deemed reliable, but not guaranteed. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers. *Per our seller, please ensure all potential buyers view the interior of the property prior to submitting offers. Agents must always accompany buyers during showings. Seller will not entertain sight-unseen offers. Please factor repair estimates into the offer.* There is a 3-minute virtual tour/video walk-through available.

  • Single Family Home
  • 1510 Sqft.
  • Built 1987
  • 3 Bedrooms/2 Bathrooms
  • 2 Car Garage
  • Fenced Yard
  • Screened/Covered Patio
  • Vaulted Ceilings
  • Kitchen Appliances included
  • Split Floor Plan
  • Ceiling Fans
  • 1/8 Acre
  • Mandatory HOA with Quarterly Assessments
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $228,800
  • MLS ID: o5780305
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 20-30 photos & property details are available on JasonCraneOnline.com

1149 Holden Ave, Orlando, FL 32839 — Listed For Sale

Fixer-upper. Attention investors & rehabbers! House needs extensive rehab & remodeling. Rare opportunity for this Oak Ridge home located just on the edge of the Sodo district of Downtown Orlando. Private, very secluded & quiet lot. Home is larger on the inside than appears from the outside with spacious living room/family room combo. Features include carport, fenced yard, tile flooring, bidet, bay window & french doors. Block construction. Location is less than 10 minutes from downtown. Sold as-is, where-is. No Seller’s disclosures. Seller is making no warranties or representations of property condition. Room dimensions are approx. & should be independently verified. POF/pre-approval letter required w/ all offers. Buying party is responsible for verifying whether or not property condition will qualify for buyer’s specific loan prog. If appl., HOA dues are subject to change & must be verified. MLS info. deemed reliable, but not guaranteed. The seller requires a 10 DOM holding period prior to entertaining any offers. Employees & family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. There’s a virtual tour/video walk-through available.

  • Single Family Home
  • 3 Bedrooms/2 Bathrooms
  • 1655 sqft.
  • Built 1957
  • Carport
  • Block Construction
  • 1/4 Acre
  • Secluded & Private Lot
  • Features French Doors, Tile Flooring, Bidet, Bay Window & Living Room/Family Room Combo
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $96,900
  • MLS ID: o5779486
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • Video walk-through/Virtual Tour available
  • More information, about 30-40 photos & property details are available on JasonCraneOnline.com

1102 Koger Shores Drive, Orlando, FL 32806 — Listed For Sale

RARE OPPORTUNITY for this Lake Weldona lake-front home on SoDo district only blocks from downtown Orlando! Over 4500 sqft of living space with gourmet kitchen, fireplace, master suite on first floor, solar panels, solar heated pool, screened enclosure, 2 car garage, rear porch & so much more! Private entrance with stone driveway & mature landscaping. Interior is LOADED with upgrades including wood cabinets, granite counter tops & garden bath. Home sits on inlet with about 180 degrees of lake-frontage. MUST SEE! HURRY!!! Sold as-is, where-is. No Seller’s disclosures. Seller making no warranties or representations of property condition. Room dimensions are approx. & should be independently verified. POF/pre-approval letter required w/ all offers. Buying party is responsible for verifying whether property will qualify for buyer’s specific loan program. Parties are advised to verify. The seller requires a 10 DOM holding period prior to entertaining any offers. *Per our seller, please ensure all potential buyers view the interior of the property prior to submitting offers. Agents must always accompany buyers during showings. Seller will not entertain sight-unseen offers. Please factor repairs into offer amt.* Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. There is a 4 minutes virtual tour available.

  • Single Family Home
  • 5 Bedrooms/4.5 Bathrooms
  • 4548 sqft.
  • Lake-front home with views of Lake Weldona
  • Built 1968
  • 2 Car Garage
  • In-ground Pool with Screened Enclosure & solar heated
  • Rear Porch
  • Fireplace
  • Selected Kitchen Appliances included
  • Kitchen Island
  • Private road entrance with cul-de-sac
  • Solar Panels
  • Broker’s Protected 3% Commission minus $150 (Seller does not pay commissions on concessions or seller paid buyer’s closing costs)
  • Buyer’s Agent is charged a mandatory $150 Technology Platform Fee deducted from Commission
  • Just Listed for only $831,250
  • MLS ID: o5778618
  • Bank-owned/REO Status & Subject to Special Bank Addendum
  • Listing Courtesy of Jason Crane Real Estate, LLC
  • More information, about 30-40 photos & property details are available on JasonCraneOnline.com

Orlando Regional Realtor® Association reports 2.2% increase in home values in Mar. 2019

Orlando Regional Realtor® Association reports Central Florida home values up 2.2% year-over-year in its monthly market “Market Pulse” report for data from Mar. 2019. The overall median home value was $235,000 with an average-days-on-market of 62 days. Price increases have been recorded for 93 consecutive months with home values up 103.5% since 2011.

Inventory is hovering near historical lows & showing a slight increase of 5.3% year-over-year. Distressed sales (REO & short sale) are representing less than 4% of total sales.

The full report is available to view here: Market Pulse Report for data from March 2019