Meadowlake Condominiums Virtual Tour

The only way Florida real estate prices can go is up. And we are starting to see that trend.  Inventory is shrinking and home buyers are finding their choices shrinking.

Investment property owners can anticipate healthy appreciation of their investment but also take advantage of the strong rental market in Florida.  With the restrictive borrowing conditions bumping many middle class buyers out of the own18 ership market, rentals have a lower supply and higher demand.

The Sunshine State draws higher than national average monthly rent prices due to the close proximity to the beaches.  The plethora of historical sites, wildlife parks, tropical beaches and entertainment venues such as Disney World and Universal Studios expand the annual tourism industry and fresh faces are always moving into the surrounding communities.

Hence, great opportunities exist with conventional sales, short sales and bank-owned properties.  Consider these 18 garden units available in the Meadowlake  Condominium Complex in the heart of Palm Harbor: (12) 1,352 s.f. 3/2 units and (6) 1,115 s.f. 2/2 units totaling 22,902 s.f. The units in this beautifully maintained complex are a smart buy.  Only three floors and no elevators and a new roof 2012.  Close to bus lines, shopping and beaches.  Units may be purchased individually or as a package deal.

The housing market is ready to boom again and smart investors will buy now before prices rise and take advantage of this strong rental market.  Teresa Williams of Prospera Realty and Property Management is an expert investment broker in the Tampa Bay and Miami Florida markets and can boast a 95 percent occupancy rate at the complexes she manages. Contact her at 813-434-0290 or www.prosperarealty.com