Palm Beach and Palm Beach County Investment opportunities

Palm Beach and Palm Beach County Investment opportunities
Due to the incredible growth in tourism and people relocating to the South East coast of Florida, investments ( both commercial and rental) in this region should be a strong consideration.

Aside from commercial investments the two situations most people are looking for in Florida are:
• Vacation homes/2nd homes, both single family or Condos that can be rented out.
• Generally a purchase involves a 1031 tax exchange or just someone looking for a second home in an area that he/she or the family will use occasionally.
• A home to eventually retire to and rent in the meantime to help pay mortgage costs.

As to Palm Beach County-where would the best rentals probably be located? The following is a partial list.
• Delray Beach
• West Palm beach, the inlets and the intracoastal
• Homes and Condos on the Ocean, canals, inlets, golfcourses or bays (all locations)
• Juno Beach
• Boynton beach
• Jupiter beach or intracoastal areas.

*To get an idea on rates charged and potential income of vacation (short term) rentals, see http://www.vamoose.com/search?vID=90&page=4&search_params=90|-|0|M|0|M|0|M|0|M|0|000000000000|M|-|0|10

Long term
*The downtown areas in cities are also seeing strong growth. In short some people are going away from life in the suburbs and opting for closeness to theatre, restaurants and the vitality of a city environment. So, don’t overlook the downtown areas.

To know:
• The best areas to rent are generally near the water and the best rental income will start at open water locations, followed by homes/condos with a partial view to homes on canals. The neighborhood and the furnishings will also dictate the rent amounts you can get.
• In the Keys-the best situation was a home at least three bedrooms and up on the Ocean or Gulf with a pool and a boat dock. In some cases these bring as much as $5000.00 per week, depending on the home/area.
•
• It is very important that you find out early on which residential areas and which condo associations allow weekly rentals-as this will be generally be your best return.
•
• In some cases you may want to just rent out long term and skip the dealings with handy men and cleaning services.
•
• In all of this—the most important thing is that you find a qualified agent. He/she can guide you through the process completely—including setting up property management.

Orlando Education

Orlando and Orange County Education
There are more than 165,000 students, 7600 teachers and over 150 elementary and secondary schools in Orange County. Orange County Public Schools are the 12th largest school district out of more than 16,000 in the nation.
• It is the fifth largest in Florida. OCPS grows by more than 5,000 new students a year.
• To keep up with growth, the district typically builds between four and seven new schools each year.
http://www.ocps.k12.fl.us/
http://www.eflorida.com/profiles/CountyReport.asp?CountyID=29&Display=all

For a comparison of schools and school districts on a variety of criteria, view Florida School Indicators Reports at the Florida Department of Education's Web site. http://www.fldoe.org/

Orange County school specifics:
• 100 Elementary Schools
• 51 secondary schools
• 125 junior high
• 94 senior High Schools
• 150 College-Universities
• 3 Magnet schools
• 10 junior colleges
• 22 Charter schools
• 240 private and parochial schools
• 4 Alternative Schools
• 15 adult education
• 50 business and vocational schools
• 263 pre schools

For a complete listing of Schools by Region and addresses go to: http://apps.sdhc.k12.fl.us/public/mainindex/information/index.ht

Regarding Charter Schools. For specifics on what a Charter schools is and enrollment details etc go to http://www.educationcentral.org/schools/schchart.asp
Partial list of Colleges/Universities:
• University of Phoenix
• Rollins College
• Stetson University
• University of Central Florida
• Florida Metropolitan University

Junior/Community Colleges:
• Seminole Community College
• Valencia Community College
• Lake-Sumter Community College

Vocational/Technical Schools:
• Winter Park Tech
• Orlando Technical Center
• Mid-Florida Technical Institute
• Orange Technical Education Centers / Westside Tech
• Lake County Area Vocational Technical Center
• UTI-Motorcycle, Marine & Mechanics Institute

Other Schools:
• Florida Technical College
• DeVry University
• ITT Technical Institute
• Orlando Culinary Academy
• Full Sail Real World Education (Digital Media)
• International Academy of Design & Technology
• FAMU College of Law
• Barry University College of Law
• Sistema Universitario Ana G. Mendez
• Nova Southeastern University
•

For specific locations and more information-see http://www.fldoe.org/schoolmap/flash/schoolreport.asp?id=48
http://www.ocps.k12.fl.us/

Orlando Health

Orlando and Orange County Health
Sunshine makes people feel healthier and improves your outlook on everything. After living in Florida for 10 years, I can tell you that it’s great to wake up to a warm climate and sunshine almost year round. It makes for a positive outlook on life. What’s your mood when it’s cold, drizzling and cloudy out? Orlando’s mild weather and great lifestyle makes staying health much easier.

Orlando Regional Healthcare is one of Florida's most comprehensive private, not-for-profit healthcare networks. Their facilities, advanced medical treatments and procedures, and highly qualified staff distinguish Orlando Regional as a healthcare leader for two million Central Florida residents and 6,000 international visitors annually.
Statistics for Orange County. As of 2004, there are:
• 77 assisted living facilities
• 13 major hospitals
• 5 adult day care centers
• 109 health care clinics

The 1,572-bed system includes:
• * Arnold Palmer Hospital for Children & Women
• * M. D. Anderson Cancer Center Orlando
• * Orlando Regional Medical Center
• * Orlando Regional Lucerne Hospital
• * Orlando Regional Sand Lake Hospital
• * Orlando Regional South Seminole Hospital
• * Orlando Regional St. Cloud Hospital
• * South Lake Hospital
• * Orlando Regional Healthcare Foundation
• * Health Research Institute
• * Graduate Medical Education
• * Orlando Regional Visiting Nurse Association

Above information from: http://www.orhs.org/

For specific information and address/phone number of health facilities, please go to http://facilitylocator.floridahealthstat.com