Kissimmee: A hidden gem in Central Florida for Property Investors

Located just 17 miles south of Orlando, Kissimmee (AKA the Vacation Capital of the World) is located in Osceola County and sits right along the shores of Lake Tohopekaliga – known as Lake Toho to the 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

Residents of Kissimmee often take day trips to the local amusement parks. Disney, Sea World, Epcot, and Universal are all favorites for locals and visitors alike. There’s no question that this city is popular with the tourists and is a place where you can find most staying when they come for their family vacations. Staying near the parks, but not on the park property, is a great way for people to save money, but still enjoy all of the perks of being so close.

There’s no doubt that the sunny Florida weather is another draw to the city of Kissimmee. There are tons of outdoor activities to partake in, and plenty of hidden gems to visit. There are plenty of places that for hiking, boating, camping, and exploring all that Kissimmee has to offer. Most people are surprised that there is plenty to do instead of just visiting amusement parks.

Bring the kids! Kissimmee also offers tons of family-friendly activities that don’t include the super expensive theme parks. Pirate’s Island Miniature Golf, Flamingo Waterpark Resort, Jungleland Zoo, Oldtown, and so many other exciting places are perfect for a day trip out with the family. Locals and tourists also have a chance to experience Central Florida wildlife up close at Gatorland, an adventure theme park and wildlife preserve.

Kissimmee Housing Market

Like most of the 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 homebuyers investing in single-family or multi-family homes.

The current median sale price for homes in Kissimmee is currently at $215,700. According to Zillow, Kissimmee home values have increased 11.2% over the past year and are predicted to increase another 5.7% over the next year.

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 $1,500 per month, which is attractive to income property owners.

For a place known as The Vacation Capital of the World, this is the perfect place for property investors. Whether you are looking to relocate yourself or wanting to rent out a property for the many tourists that come each year, the housing in this area is extremely prosperous. It’s location, selection of activities, and great weather make it an awesome place for anyone to visit or live!

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 Kissimmee then you should absolutely get in touch with us for all of your property management and home buying needs.

 

Sources:

Experience Kissimmee Florida. “Find Your Home-Away-From-Home in Kissimmee” Retrieved from:https://www.experiencekissimmee.com/places-to-stay/vacation-home-rentals. March 15, 2019.

Experience Kissimmee Florida. “7 Fun Kissimmee Facts” Retrieved from: https://www.experiencekissimmee.com/blog/7-fun-kissimmee-facts. March 15, 2019.

City Town Info. “Kissimmee, Florida” Retrieved from: https://www.citytowninfo.com/places/florida/kissimmee. March 15, 2019.

Zillow. “Kissimmee Home Prices & Values” Retrieved from: https://www.zillow.com/kissimmee-fl/home-values/. March 15, 2019.