Bay Lake is a small Florida town known for its rich history and extensive outdoor amenities. Let’s take a look at why people are flocking there — and why you might want to flock there, too, if premier real estate investments are your goal.
Historic Bay Lake
Bay Lake goes back a little further than many Florida towns. A short walk around downtown is all it takes to see the historic Windermere School (built way back in 1890), the historic First United Methodist Church, and Winter Garden Historic District. When coupled with some of the town’s newer amenities, Bay Lake offers a perfect blend of old and new.
Bay Lake: Top Things to Do
If you haven’t been to the zoo in years, it may be time to change that. Check out Disney’s nearby Animal Kingdom, or the beautiful Lake Jessup Conservation area. Other prime outdoor destinations include Revenall Park, Turkey Lake Park, and the Florida State Fairgrounds. And if spirituality is what you’re after, be sure to visit the Holy Land Experience.
Bay Lake: Good Eats, Better Economy
When it comes to eateries, Bay Lake has something for everyone — everyone who’s seriously hungry, at least. In addition to all of Disney’s best restaurants, you’ll find a growing number of classy pubs, fun bars, and eclectic hole-in-the-wall type places.
Bay Lake’s economy is booming, too. The estimated median household income comes in around $112,081, up well over 30% since 2000. The median housing price is surprisingly affordable (only $106,997 in 2019, though homes have appreciated since then) and the cost of living is also pretty reasonable, right in line with the US average. As of 2019, approximately 0% of the city’s residents were below the poverty line. You won’t find this type of economic well-being in many other small-ish towns!
Icon Makes Purchasing Property in Bay Lake Simple
Interested in Bay Lake-based real estate investments yet? If so, our local experts at Team Icon are here to help. Whether you’re hoping to ‘lock-in’ current property values as a hedge against inflation or expand your rental portfolio, we can help you find exactly what you’re looking for.
Our 30+ years of local experience allows us to navigate the market with confidence and professionalism — even when it’s as hectic as it is now. We can assist you with identifying the best options to match your goals, then help you close on the best possible deal. Contact us here if you’re ready to make your next successful real estate investment.