by Jessica LaVigne
So many individuals visit Orlando every day, from all over the world! But with Central Florida being as large as it is, where is the best place to rent or buy? Whether you’re just coming to town for vacation, or looking for locations to purchase a short term rental, these Airbnb neighborhoods are ones to check out.
Image by Reunion
1. Reunion
Located in Kissimmee, Reunion is just South of Celebration near Championsgate. This neighborhood has a wide array of options for renters and buyers, from condominiums to mansions. This area also has some of the largest new construction homes, with some containing 15 and 16 bedrooms that are right off of the Reunion golf course. Reunion also offers some exceptional amenities for a gated community, including 3 golf courses and a water park.
One of the cons of this neighborhood are the HOA and Membership fees associated with owning a home. These really add up, and for those renting out their home this can drastically reduce your ROI (Return On Investment) as an investor or Airbnb host. The HOA fee is applicable for all homeowners, with optional memberships that provide you with access to certain Reunion amenities.
Image by Championsgate
2. Championsgate
Located in Davenport, Championsgate is gated and filled with amenities, including golf courses and a spa. The majority of this area is zoned as short term rental, and there are a few neighborhoods that would be perfect to host your own Airbnb. However, if you just want to purchase a vacation or second home in this area for your family, there is a whole separate part of the neighborhood where Airbnb’s are not allowed – offering more privacy.
Championsgate, however, is one of the furthest neighborhoods from the theme parks, and downtown Orlando in general. Depending on traffic, it can take 30 to 40 minutes just to get on Disney property, and there generally is traffic right by the Championsgate exit.
Image by Windor Hills
3. Windsor Hills
Located off of 192 on North Old Lake Wilson Road, this neighborhood is often overlooked. Windsor Hills is just 10 minutes from Walt Disney World, and is close to a lot of the tourist attractions, shops, and restaurants that Central Florida has to offer. This neighborhood is gated, and includes a pool with a splash pad, movie room, and more. What makes Windsor Hills really stand out from the rest is the low HOA fee, and its optimal location.
Although all of their amenities are great, some of the homes and condos, however, may need some updating since this resort area was originally built in 2005. Although you may get a great deal on a home or condo in this neighborhood, be sure to account for the amount you may need to invest in refurbishments and updates inside the home.
Image by Margaritaville
4. Margaritaville
Located just off of 192 and 429, Margaritaville is in one of the best possible Airbnb neighborhoods on this list. It is just minutes from Disney, and from the front of the neighborhood you can actually see Animal Kingdom property. It’s also surrounded by shops, restaurants, and is just a short drive to pretty much everything in the area. Margaritaville also offers numerous resort-style amenities including an infinity pool with TV screen for special showings, a water park, multiple pools, and more.
Unlike the suburban feel of Championsgate and Windsor Hills, Margaritaville feels like you’re in a vacation resort, whether you own or are renting. Properties to purchase short term or more include condos or single family villas without a garage.
There are very few in this area, but there are a couple of cons to buying in Margaritaville and renting it out as an Airbnb. The amount of HOA and management fees do add up, and can take a lot away from an owner’s ROI. When it comes to the best area to earn a profit, this area may not be for you.
Overall
These are some of our top picks, but Orlando is filled with other neighborhoods that also contain Airbnbs. From mansions to condos, there are so many options for families to choose from when traveling from all over the world for vacation. There are even some Airbnb’s that are completely renovated to look like Hogwarts or Walt Disney World when you step through the doors!
Do you plan on hosting an Airbnb in Orlando? What do you think about these neighborhoods?
The Orlando Real is sponsored by The Pozek Group. If you’re thinking of buying or selling a home in Orlando, reach out and we would love to help!
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