First Phase of Lake Nona Town Center opening soon! – Orlando Business Journal

 

 Lake Nona is a place to live, a place to thrive. Check out the new, exciting developments coming soon!

Construction is wrapping up on the first phase of the town center, which features a dual-branded Marriott hotel, and 85,000-square-foot office complex and several restaurants, which haven’t yet been announced. Among the office tenants, will move into its 14,800-square-foot office in January and Nemours Children’s Hospital expects to move into a 30,000-square-foot administrative office in February.

The grand opening of the $50 million Lake Nona Town Center is just weeks away, and that means a larger daytime population of business professionals will soon be appearing in the 8,000-acre southeast Orlando community to add to all the activity in neighboring Medical City.

Construction is wrapping up on the first phase of the town center, which features a dual-branded Marriott hotel, and 85,000-square-foot office complex and several restaurants, which haven’t yet been announced. Among the office tenants, Tavistock Development Co. will move into its 14,800-square-foot office in January and Nemours Children’s Hospital expects to move into a 30,000-square-foot administrative office in February.

Luxembourg-based global workplace provider Regus Group Plc. also will be moving into the town center office building, occupying 15,338 square feet of space on the top floor, as previously reported by Orlando Business Journal. An opening date hasn’t been announced, but Regus already is accepting future bookings on its website.

Meanwhile, Tavistock Development Co. LLC is getting closer to opening a new waterfront cafe and market in Medical City’s residential community, Laureate Park. Tavistock in January is expected to debut the 300-seat, chef-driven restaurant and market, which is a joint effort between Tavistock Restaurants and Concentrics Restaurants, the same company that opened Winter Park’s popular Luma and Prato restaurants.

Check out the gallery of construction photos and an image of how the Laureate Park restaurant and market may look.

And be sure to come back to OrlandoBusinessJournal.com for updates.

Jazz on a Green Lake Nona

jazz on

Celebrate an evening under the stars with nationally known recording artists and local jazz favorites. This premier jazz and social community event benefits the UCF College of Medicine and the Lake Nona YMCA Scholarship Campaigns. 

This year’s featured artists are Robert Harris and ‘The Voice” finalist Sisaundra Lewis.

Bring a blanket, a gourmet picnic basket and most of all, someone special!

We Know Nona is a proud sponsor of Jazz on the Green. Tickets are $15 and on sale at www.jazzonagreen.com.

jazz on the green

 

Home sales

Buying a Home Remains 35% Less Expensive than Renting!

In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States.

The updated numbers actually show that the range is from an average of 16% in Honolulu (HI), all the way to 55% in Sarasota (FL), and 35% Nationwide!

The other interesting findings in the report include:

  • Interest rates have remained low and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation. “In the past year, these two trends have made homeownership even more affordable compared with renting.”
  • Some markets might tip in favor of renting if home prices increase at a greater rate than rents and if – as most economists expect – mortgage rates rise, due to the strengthening economy.
  • Nationally, rates would have to rise to 10.6% for renting to be cheaper than buying – and rates haven’t been that high since 1989.  

Bottom Line

Buying a home makes sense socially and financially. Rents are predicted to increase substantially in the next year, lock in your housing cost with a mortgage payment now.

Source: Keeping Current Matters

Homes in Orlando

Orlando among top real estate markets for investment opportunities

Found a short article stating the growth rates in Orlando exceeding 4%.  Homes are in demand in Orlando, read it here:

Orlando is the best real estate market in the U.S. right now for investment opportunities, according to a new report from HomeVestors of America Inc. andLocal Market Monitor.

“Top markets” mean strong rental markets where home prices are likely to increase steadily over the next few years, resulting in better returns, since home bargains will be harder and harder to find.

Criteria for evaluating the markets include growing population at above-average rates (4 percent or better) with growth coming from people moving there in search of jobs; a current rate of job growth of 2 percent or better; and low unemployment, so that new jobs will be filled by people who move there, not by unemployed people who are already there.

“The boom in snapping up foreclosed properties is pretty much over,” said Ingo Winzer, president and founder of Local Market Monitor. “Our Top 10 list consists of growing markets where higher home prices already signal more demand than supply, and where renters are at least a third of the local population.”

The third-quarter 2015 Best Markets Top 10 includes:

  1. Orlando
  2. Dallas
  3. Riverside-San Bernardino, Calif.
  4. Seattle
  5. Austin, Texas
  6. Fort Lauderdale
  7. Charlotte, N.C.
  8. Atlanta
  9. San Diego
  10. San Antonio

Source: Biz Journals.com

Contemporay Key West Home on Lake Hart

shady oak

This spectacular 3 Bed, 3.5 Bath, 3 Story Contemporary Key West Home is about to go on the market by the Maycumber Team!

Check out what this lakefront house has to offer!

  • The Master bedroom is on the entire 3rd floor with its own fireplace
  • Pool has 5 waterfalls
  • Outdoor fireplace & kitchen
  • Covered boat dock w/ boat deck and 2 jet ski lifts
  • 6 car detached & 2 car attached garage
  • 2 RV pads w/ hookup
  • 6 ft. security fence w/ 2 gates
  • 84 Solar Panels
  • 3 AC Systems
  • Hurricane Shutters
  • Propane Generator
  • 240 ft. frontage on Lake Hart
  • 1.61 Acres
  • 4,200 Sq. Ft.

shady oak 1 shady oak 2

Waters Edge

Nestled inside NorthLake Park, Waters Edge is a gated community with resort style amenities. Residents of Water’s Edge get all the benefits of living in Northlake Park in Lake Nona such as nature trails, tennis and basketball courts, the dog park and Lakeside park with the YMCA and sport fields.  But they also get the added benefit of living in a private gated community within Northlake park.  If that isn’t enough, residents will experience waterfront living on pristine Lake Nona with a lakefront park, boat dock and boat storage area.

Here are some of the homes sold by the Maycumber Team in Waters Edge:

8047 Northlake Pkwy

8280 Northlake Pkwy

For more information on Waters Edge, visit the Northlake Park HOA website.

 

Pig Run of Lake Nona

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We Know Nona is a proud sponsor of the Pig Run of Lake Nona!

The “PIG RUN” and BACON Foundation is an event to benefit and work hand in hand with the Nemours Children’s Hospital ‘Child Life’ program, a local Lake Nona charity that provide gifts such as arts & crafts, books, toys, pajamas, theme park tickets, financial grants, etc. for the children at Nemours Children’s Hospital to help pass the time during their visit. The “Hailey Collins Foundation” is also a proud supporter of Give Kids The World.

The BACON Foundation will also be supporting a local family who has a child currently undergoing treatment for cancer. With everybody’s help we hope to make a huge difference for many kids in the Lake Nona area!

The Maycumber Team is looking forward to 2016’s event! The Half-Dozenth “Pig Run of Lake Nona” will happen March 26, 2016 at the Lake Nona YMCA located at 9055 Northlake Pkwy. For more info on the Pig Run of Lake Nona, please visit www.pigrunoflakenona.com. Check out the photos from the 2015 Pig Run!

Congrats Myron & Allyson!

allysonmyron

It’s closing day! Another satisfied customer of the Maycumber Team. Congrats to Myron and Allyson on the sale and purchase of their new home at Lakeshore at Narcoossee.

Maycumber Realtors

Celebration Home to be Given Away

Well if you can write you might want to take a look at this article we found on a HOME GIVEAWAY in Celebration FL.

A 6,700 square foot mansion in Celebration, Florida is being given away to whoever can write the best essay.

It’s just like college — except at the end, you could have a mortgage-free 5 bedroom home instead of crippling student debt.

There’s a slight catch, though. You must submit a $285 non-refundable entry fee along with your essay, which must not exceed 300 words — a relatively small “risk” if you think you’ve got the chops to win.

Thinking of tossing your hat in the ring? Read the official Newswire press release below for details:

CELEBRATION, Fla. — Sept. 15, 2015 — Would owning a $1.2+ million home in the Sunshine State make your dreams come true? A Celebration, Florida, house for sale has an Team Maycumber Keller Williiamsunusual price tag: $285 and a winning essay.

To be considered, aspiring buyers must submit an essay of no more than 300 words explaining why they are the right buyer for this property by November 15, 2015. All essays will be judged on both their creativity and their mechanics, and the one that most impresses the seller will win the talented writer who penned it the opportunity to purchase this stunning property for just the cost of their entry fee.

Designed by renowned architect James L. Strickland, the founder of Historical Concepts, this fabulous house is located in the main village of the town of Celebration, a community developed by Disney that is nestled between Kissimmee and Orlando.

The home spans over 6,700 square feet and offers five bedrooms, five full bathrooms and two half bathrooms. The three-story house’s luxurious master suite has its own sitting room, a pair of spacious walk-in closets, an expansive bedroom and a delightful master bathroom. In fact, all the bedrooms feature both walk-in closets and bathrooms. Providing extra privacy, the fifth bedroom suite is situated above the two-car garage, which is attached by covered walkway to the pool area and a neighboring patio that is equipped with a grilling area. With some 3,000 square feet of covered porches and patios, this property is certain to enchant anyone who enjoys spending time outdoors.

Celebration is a planned community with a charming small-town atmosphere. It includes countless parks, pools, playgrounds and sports fields for its residents’ enjoyment. An impressive array of shops and a wide variety of restaurants are within walking distance, and the inclusive town also has multiple medical facilities and places of worship. As an added bonus, the town of Celebration is within easy access to all Walt Disney World Theme Parks.

How To Enter

Essays must be written in English and submitted online at CelebrationHousefor285.com. Aspiring buyers may reside anywhere, but they must be at least 18 years of age. The $285 entry fee, which includes registration costs and processing fees, is non-refundable. The seller reserves the right to cancel the sale if an insufficient number of entries are received. In the event that the seller cancels the sale, 80 percent of the entry fee will be returned.

Here are a few pics to entice you into brushing up on your writing skills and sending in your entry before the cutoff date, November 15, 2015.

Source: Lighter Side of Real Estate

 

NothLake Park Lake Nona

NorthLake Park at Lake Nona

NorthLake Park Lake Nona

NorthLake Park in Lake Nona, Florida is a beautiful community, located in the Northernmost section of the Lake Nona area in East Orlando, Florida. The 500-acre community includes NorthLake Park Homes for Saleboth single and multi-family homes and hosts many excellent amenities:

  • The award-winning A-rated Northlake Park Community Elementary School
  • Lake Nona YMCA
  • Outdoor Olympic pool
  • Soccer Fields
  • Basketball Courts
  • Tennis Courts
  • Neighborhood Dog Park
  • Green Dock on beautiful Lake Nona

More information on Northlake Park can be found on: http://www.northlakepark.org/northlakepark/home.asp

Here are some of the homes sold by the Maycumber Team at Northlake Park: 

 

10043 Sweetleaf St.