Higher than average rents and sales prices are turning off buyers for the short run but may interest investors with a longer horizon, the study finds.
South Hillsborough County, south of Tampa and the Pasco/Hernando County submarket north of the city outranked all Tampa and Orlando area submarkets as possible "buys' in a first half that produced few trophy properties for sale in 27 Central Florida submarkets. Tampa is 80 miles west of Downtown Orlando.
The M&M study finds the best long-term investment markets are Bradenton, a Tampa suburb; the Northeast-University corridor in Orlando; Clearwater, five miles west of Tampa on the Gulf of Mexico; Pasco/Hernando; and the Maitland-Winter Park hub in Orlando.
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