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West Lucaya Village Resort

West Lucaya Village Resort

West Lucaya Village Resort

West Lucaya Village Resort consists of 184 townhomes with 3 and 4 bedroom floor plans.  This resort style community will have 2 floor plans that will consist of 1,328 and 1,646 square feet of living space.  West Lucaya Village Resort boasts an incredible location only 10 minutes away from Walt Disney World, just off of U.S. Highway 192 and near major shopping, restaurants and other world renowned attractions.  This resort community also offers a clubhouse, swimming pool, jacuzzi, fitness room, game room, play room, and business center.

3 Bedrooms | 2 Bathrooms

$204,000 | Sq. Ft. 1,328
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West Lucaya will consist of 112 – 3 Bedroom units and 72 – 4 Bedroom units with a total of 18 buildings. The required amount of parking spaces for a 184 townhome community would be 276 (1.5 parking spaces per townhome). This community will have a total of 2 parking spaces per townhome. Which would bring the grand total of parking spaces to 368. Finding an open space will never be an issue in West Lucaya Village Resort. West Lucaya will feature a clubhouse and community pool located towards the front of the community.

4 Bedrooms | 3 Bathrooms

$254,000 | Sq. Ft. 1,646

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Charlestown at Storey Lake Resort

Charlestown at Storey Lake Resort

Charlestown at Storey Lake Resort by Lennar in Kissimmee

$248,990

3 Bedrooms | 2 Bathrooms

1,960 Sq. Ft. of Living Space

At Storey Lake Resort the Charlestown. Charlestown is a part of the Reflections Manors Homes by Lennar in the brand New Community of Storey Lake Resort. This plan will have 1,960 square feet of living space with 3 bedrooms, 2 1/2 bathrooms and a 2 car garage.

With the ideal location and amenities that will rival any resort on the market, Storey Lake takes resort style living to a whole new level. A community for all, Storey Lake Resort will have condominiums, townhomes, and single family homes and all will be able to be rented short term. This  quintessential community will be located on the corner of Osceola Parkway and State Road 535. The optimal location for those who plan on placing their home on the short term rental market. With over 21 different floor plans ranging from 3 bedrooms to 6 bedrooms, Storey Lake has options for every family. There are 5 phases this community will consist of, Reflections Executives, Reflections Manors, Reflections Estates, Cove Resort Townhomes, and Cove Vacation Villas.

The Storey Lake Amenities list is not a short one.  Storey Lake by Lennar will have everything from a lazy river to a putting green.  Click here to view the full list of the Storey Lake amenities.

Storey Lake Resort by Lennar is located on the corner of Osceola Parkway and State Road 535.  Literally 8 minutes from the shopping plaza “The Loop” you will find shops such as TJ Max, JCPenny, Sports Authority, Pier One Imports, Kohls, Bed Bath & Beyond, Pacsun, Aeropostle, Old Navy, Ross and Sunglass Hut just to name a few.  Not to mention the Orlando Premium Outlets are approximately 12 minutes away.  Also you will find delightful dining locations literally all around the community.

Click here to View More Information and View Other Floor Plans at Storey Lake

Florida breaks record for tourist visitation in 2015 – Great Investment Opportunity

Florida breaks record for tourist visitation in 2015 – Great Investment Opportunity

Great Investment Opportunity

Like Orlando, Florida can barely keep up with all the tourists wanting to visit and spend their vacations in the Sunshine State.

According to the Associated Press, Florida welcomed more than 105 million tourists last year— well above the 100 million tourist goal Florida Gov. Rick Scott wanted to see happen for the state. Scott is expected to be giving an official announcement for the figures today at Epcot.

Investor-SpecialObviously, Orlando plays a huge role in the state’s tourism appeal by drawing more than 62 million visitors each year. The theme parks, hotel amenities, convention market and more all help to keep the region as the top leisure destination on the planet.

That’s also good for the $60 billion tourism and travel industry that services tourists and business travelers and will help to further make the region a prime investment spot for anyone wishing to get a piece of the tourism pie.

Source: Orlando Biz Journals

The tourism industry of Orlando, Kissimmee, and Davenport provides a great investment opportunity for seasoned as well as first time investors.  This is no secret as Orlando recently was voted Number 2 for Top 10 2015 Real Investment Cities.  If you are interested in purchasing a vacation rental home, please don’t hesitate to contact us.  We also specialize in new vacation home sales as well.

2015 Small Business of the Year Award

2015 Small Business of the Year Award

“SMALL BUSINESS OF THE YEAR”

BARDELL REAL ESTATE

 2015 Small Business of the Year Award

Back From left: Broker Associate Kevin Anderson; Broker Associate Jim Merganthaler; Agent Mona Sutphin-O’Niell; Managing Broker/President/Owner Steve Silcock; Office Manager/P.A. to Steve Silcock Hannah Garrity; Sales Administrator Bobby Gonzalez; Senior Property Manager Tim Hack

Front From Left: Broker Associate Cheryl Laymon; Founder Betsy Bardell; Co-Owner/Agent Anne Silcock; Admin Marjorie Silcock (Not listed above: Agent Audrey Bahrman; Broker Associate Michael Anker)

The Osceola Chamber of Commerce awards Bardell Real Estate with the 2015 “Small Business of the Year”

It has been a pleasure to work for this family owned and operated company for the last 2 years.  With just 10 closely knit employees, an extended family is what Bardell Real Estate has grown to be.  That camaraderie, coupled with the eagerness to help each other pours over to our customers and our community.  Our customers range from international investors and snow birds flocking down to escape the cold winters of the north to residential home buyers seeking the home of their dreams and long term rental property management.

A great majority of our business comes from repeat customers and referrals.  We all here at Bardell Real Estate would like to thank all of you for this award.  Our relationships with our customers and clients have developed into friendships.  We are honored that you have allowed us the opportunity to assist you in all of your real estate needs.

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Our company also specializes in New Home Sales as well.  With special relationships at ChampionsGate, Solterra, Reunion West, West Haven, WaterStone, Windsor at Westside, Paradise Palms and Providence our team has all the knowledge and expertise that will assist you in making an educated investment decision.

Restoration Found in New Home Construction Sales!

Restoration Found in New Home Construction Sales!

Rising rents help revive home construction in Orlando area

Rising rent

After renting for years and cleaning up her foreclosure-bruised credit, Hunters Creek resident Tabetha Morway just purchased a new house with mortgage payments less than her rent.

“From my experience, people are still leery about getting mortgages,” Morway said. “They’ve heard so many horror stories and the risk is still there, but they’re starting to take the leap they wouldn’t have taken a few years ago. People are keeping their jobs and getting raises.”

Morway isn’t alone. The latest new-home construction reports speak to a housing recovery shift, with builders suddenly staking out new positions.

Building permits for houses in Orlando increased by 20 percent for the first half of this year compared to the same period last year, according to the National Association of Home Builders. Orlando’s home-construction rate grew twice as much as the nation’s and also more than Florida’s 15 percent growth.

It’s a change for Central Florida, where former homeowners had been flocking to rentals: The region’s home-ownership rate dropped from 77 percent to 59 percent during the decade that ended in 2013, according to Orlando Sentinel research.

Morway will be moving to the Legacy Park subdivision in Kissimmee, where builders said they had to slow down on preparing lots for buyers because the home sites were about to run out.  “We’re having to slow down the sales because we’re selling them so quickly,” said Park Square Homes Sales Director Jared Weggeland.

MetroStudy reported that Orlando-area home builders have added about 100 model homes this year, a telling sign.  “We’ve gone from 375 to 475 models in six months so builders are selling out of lots and communities they held for years — possibly before the bust,” said Anthony Crocco, regional manager for MetroStudy.

New-home construction prices are also rising. Average new-home prices in the region grew 8 percent in the second quarter from a year earlier to reach $320,400, according to Charles Wayne Consulting. That puts new-home prices rising at the same rate as single-family and vacation homes for that period, according to Florida Realtors.

During the last year alone, Orlando-area rental rates climbed 7.9 percent to reach an average of $1,005 and vacancies plummeted to 3.5 percent, according to commercial brokerage firm Marcus & Millichap. Looking ahead, projections call for apartment rents to increase another 5.9 percent during the next four quarters but an array of new apartments may edge up vacancy rates to 4 percent, Marcus & Millichap reported.

Rising rental rates have translated into home sales particularly at first-time buyer communities like Legacy Park but new-home sales overall don’t compare with fast pace of home building. New-home closings were up only 4 percent from the second quarter of 2014, according to Charles Wayne Consulting. And MetroStudy described them as generally flat during the past year.

Crocco said it’s typical for starts to outpace closings for the second quarter, “although the magnitude of the difference is high for the market.” Despite the gap, he projected construction to rise along with new employment and other factors.

Before Morway purchased the house she’s having built at Legacy Park, her monthly rent in Hunters Creek had increased from $900 to $1,400 during the last six years.

Source: Orlando Sentinel

How reviving! Rising rental prices encourages the buying process, making a huge impact in our real estate market. Home owners will also benefit from this rise in rental prices on their single-family vacation homes in the Central Florida area. Purchasing a home is not done with a snap of a finger. We suggest you do not buy directly from the builder as their interest is with the builder, not you as the buyer. New home construction varies depending on your price range and desired location. Follow this link to learn more about new home construction breaking ground in and around the Four Corners area.

Augusta Carriage Home Championsgate

Augusta Carriage Home Championsgate

Augusta Carriage Home Championsgate

The Carriage Homes at ChampionsGate are nothing less than astonishing! Each one of these beautiful homes over looks the golf courses surrounding Augusta Carriage Home Floor Planthis massive community. Lennar offers 2 different floor plans for the Carriage Homes making a perfect 1st home, 2nd home or vacation villa, whichever your preference.  The Augusta Carriage Home features 2 bedrooms and 2 bathrooms with 1,406 sq. ft.  Pricing for the Augusta Carriage Home starts at $191,990.

ChampionsGate is a new golf community located in Four Corners, Florida. Whether you may be a first time buyer, an investor, or relocating to Florida,  there is a price and floor plan perfect for you. In the development of this community, Lennar has announced with ChampionsGate finished, it is expected to cover 917 acres, have a combined 5,790 homes, 54 holes of golf, an elementary school and park, as well as 248,000 square feet of office space, 426,000 square feet of retail and 2,864 hotel rooms. The new addition to ChampionsGate will be the latest development by Lennar Homes and will keep your expectations in mind with the Country Club, The Retreat and The Carriage Homes. It is located between US HWY 27 and I4 putting you within minutes of Orlando’s most popular attractions. As if the community amenities won’t keep you busy enough, ChampionsGate is just a short distance from Universal, Sea World and the world famous Disney theme parks.

Situated just off HWY 27, ChampionsGate is an ideal location for your Orlando vacation property. Being within minutes of the ChampionsGate exit off I4, either a day trip to the beaches or to visit the characters at Disney is a quick drive. Shopping, local dining and banking locations are just inside ChampionsGate. Lot availability is done on a first come first serve basis. Contact us today for more information on ChampionsGate.