4 Great Places to Buy an Orlando Condo Under $400k
Looking for a great place to buy an Orlando condo under $400,000? We have several condo communities in mind that may be the perfe...
Read MoreIf real estate in the Orlando Metropolitan was a horse race, Davenport would be the dark horse. With a population of just 2,181, it may seem that this tiny town may not have much to offer someone looking to purchase a residential or vacation home here; but in actuality, Davenport is one of the fastest growing areas in all of Central Florida. Many believe the entire Davenport area is being primed to become a major hub for tourism in the near future. The wide open space around the region offers ample opportunities for development and Interstate 4, which provides easy and efficient access to Walt Disney World and downtown Orlando, is just 8 miles north of town. So whether it’s a full-time Central Florida residence or just a seasonal condominium at an affordable price, Davenport real estate may be the perfect place for your next low-cost housing investment!
Located about 25 miles southwest of Orlando, Davenport permits easy access to the attractions, golf courses, restaurants, and shopping that the Orlando area has to offer. In fact, the town is a popular rental location for British tourists, who tend to prefer vacation homes as opposed to hotels and resorts. Davenport’s close proximity to Walt Disney World and other tourist attractions has caused this area to start undergoing rapid development. Much of the land in the north part of Davenport has been zoned for short-term rental development and large developments of high-priced homes. This influx of money has had a tremendous influence on Davenport, even through these tough times. Davenport is projected to have 24% future job growth, and coupled with what the area has to offer, it has become a prime location to raise a family.
Davenport has a strong family presence with 62.7% of all residences having married couples living together. The median family income is a strong $41,000 and the town has an unemployment rate that is substantially better than the national average. The town is home to the Davenport School for the Arts, a public school that nurtures gifted students in all artistic fields. Davenport is also surrounded with quality public schools and charter elementary schools, just some of which include Horizons Elementary School, Loughman Oaks Elementary School, Ridgeview Global Studies Academy, Four Corners Charter School, and the community's main public high school-Ridge Community High School.
Davenport, Florida is the perfect place for someone looking to watch their vacation home investment soar or for someone wanting to watch a small town thrive and grow into an important facet of Metropolitan Orlando. Despite the real estate market constantly fluctuating, the time couldn’t be any better for making a savvy real estate investment in Davenport. Lowered home prices from the fallout have allowed buyers to make bargain purchases in the area, as the gears of real estate development are getting back up to full speed. Now is the chance to get in on the early stages of Davenport’s current developmental growth and what makes this part of Central Florida such a solid investment for a vacation or rental home is that it’s not just a neighborhood or community expanding, but the whole town is growing and developing into something much greater. So if you’d like to be part of something special, give us a call now to talk about a potential investment property or full-time residence in Davenport, Florida and start calling one of the area’s fastest developing towns the place you call home.
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Listing data comes from My Florida Regional MLS DBA Stellar MLS.
Listing information last updated on May 22nd, 2022 at 3:03pm EDT.