Kissimmee: A hidden gem in Central Florida for Property Investors | The Realty Medics

Kissimmee: A hidden gem in Central Florida for Property Investors

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Perfectly situated just 17 miles south of Orlando’s town center, Kissimmee, FL is truly a hidden gem for property investors to consider. Kissimmee is part of Central Florida’s Osceola county, which runs along the shore of Lake Tohopekaliga—commonly called Lake Toho among locals.

Founded in 1883, Kissimmee eventually grew to become a tourist destination thanks to the opening of Walt Disney World in 1971. Today, a revived historic downtown Kissimmee and a collection of internationally acclaimed theme parks position this all-American town as a great place for families to live and work.

Kissimmee Activities and Attractions

Many families are opting for Kissimmee as an alternative to Orlando. With easy access to beaches and theme parks, Kissimmee’s greatest advantage is its convenient location. Unlike Orlando and neighboring communities, Kissimmee is considered much more affordable for tourists and residents alike.

Kissimmee residents take advantage of the sunny weather, which is why there are plenty of outdoor activities to pursue. Lake Toho and other lakes in the Kissimmee area are popular spots for fishing, boating and camping. Kissimmee residents and visitors also partake in the area’s pristine golf clubs, including Kissimmee Golf Club and Reunion Resort Golf Club.

For kids, Kissimmee offers Pirate’s Island Miniature Golf, Flamingo Waterpark Resort and countless other family-friendly activities. Families also have a chance to experience Central Florida wildlife up close at Gatorland, an adventure theme park and wildlife preserve.

Kissimmee is home to a unique theme park attraction itself, called Old Town. Priding itself on classic American fun, Old Town is where you can go to eat, shop and attend events like concerts and classic car shows.

Kissimmee Housing Market

Like the entire Central Florida area, Kissimmee is a desirable location for real estate investment. Because Kissimmee still retains an affordable cost of living, the area attracts many young families or first-time home buyers investing in single-family or multi-family homes.

The current median sale price for homes in Kissimmee is currently at $178,000. According to Zillow, Kissimmee home values have increased 13.6% over the past year and are predicted to increase another 4.7% over the next year. It’s becuase of statistics like this that a number of the areas we manage properties in are in Kissimmee.

Housing affordability is still lower than nearby Orlando, which means real estate in Kissimmee will continue to appeal to investors. Additionally, the average rental property in Kissimmee is currently going for an average of $1,350 per month, which is attractive to income property owners.

Kissimmee Property Management and Home Sales

If you’re looking to invest in real estate in the Central Florida area, look no further than charming Kissimmee. As tourism continues to climb and more Americans and expats relocate for the beautiful year-round weather, investing in the affordable Kissimmee real estate market makes sense.

If you are looking for property management in Central Florida then you should absolutely get in touch with us for all of your property management and home buying needs.

 

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