Property Management Blog

Property Management Blog

Winter Park Property Management by a Winter Park Property Manager

Jobe Peterson - Sunday, June 14, 2020

Why Winter Park.

There really is no other place in the world, quite like Winter Park, Florida. Once considered a winter resort, now a quaint city filled with art and culture. When you walk the Mainstreet of Park Avenue, you get an excellent feel for its unique tastes. Located just 15 minutes from Downtown Orlando, you get the best living and working lifestyle possible. You'll never be bored in Winter Park with their award-winning art museums that capture this city's authentic uniqueness. In the heart of Winter Park holds the gorgeous campus of Rollins College, where historical buildings meet new innovation. The shaded, red-brick streets make for safe and quaint neighborhoods, perfect for anyone that likes to take a step back and truly relax. With a rich and storied history that revolves around the chain of lakes that encumber this city, local residents have worked hard to protect the natural and historic flavor of Winter Park. 

Walking to the unique coffee shops in the morning and enjoying world-class cuisine for lunch and dinner is storybook charming. The peaceful streets of Winter Park make for a lifestyle that cannot be matched anywhere in Central Florida. Winter Park holds that small-town feel within a large metropolitan area. Home prices range from a $150,000 condo to up to $5M+ luxury homes. Each neighborhood has its own distinct charm. The history that surrounds the city is wrapped into each home style. No two homes will look alike, and that is one aspect that makes Winter Park Florida truly special.

Why Own A Winter Park Rental Property. 

If you spend even a little time in Winter Park, you'll immediately understand why it is so desirable for the residence of Central Florida to live, work, and play in the charming city. If you own a single-family home in Winter Park and are considering renting it out. The demand is there, and prospective tenants are flocking to the area. You'll see a solid rental rate return with not many communities with HOA dues eating up that profit. As of May 2020, Rentjungle.com reports the average rent for an apartment in Winter Park, FL, is $1550, which is a 4.45% increase from last year when the average rent was $1481. Your average 1BD apartment is running at about $1,350 a month. With rates on the rise, it's a great time to consider renting out your home and reap the rewards of an area that will continue to appreciate in value for years to come. 

Top-notch Education In Winter Park. 

As you stroll the serene street of Park Avenue, you are greeted by the beautiful campus of Rollins College. The private liberal arts college and the home of the burly sailor Tommy The Tar. Rollins College draws top talent as it was rated the #1 best liberal arts college in Florida by niche.com. Not only does Winter Park have the stellar Rollins College, but their community academics are also fabulous. Winter Park High received US News Best High Schools Ranking topping the list of Florida's 100 best, coming in at #91. Families moving to the area want to live in the Winter Park school district to take advantage of the educational opportunities the city offers. 

How to Rent My Winter Park Property?

If you are looking to invest in the Winter Park area, be prepared to pay the premium prices for your real estate investment. If you already own a property and are interested in renting it out to become a new Winter Park landlord. You'll want to get the most accurate rental analysis for your newly converted Winter Park rental property. The homes in Winter Park vary significantly, so ensuring you know exactly what your home can rent for is crucial to leasing your house fast. We recommend reaching out to a Winter Park professional property management company. When renting out your Winter Park property, your goal is to have quality vetted tenants placed in your home. They need to that have the financial stability and employment to make those monthly rental payments on time every month like clockwork. They need to have a proven rental history and track record of maintaining and respecting their previous residence. Your appreciating asset depends on it. A quality property management provider in Winter Park can confidently place high-quality tenants in your home. If you are interested in learning more about what your Winter Park property will rent out for, please don't hesitate to reach out to The Listing Real Estate Management. We are happy to provide you with a free rental analysis for your Winter Park home or provide you with additional insight into the Winter Park rental market. The Listing Real Estate Management is Winter Park’s best choice for property management. We hope to hear from you soon. Cheers!


Author

Jobe Peterson



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