There are other factors that work in the investors favor in Central Florida. We are still “in the window” of finding great cash-flow deals because:
Metro Orlando robust inventory includes over 177 million square feet of industrial space and over 102 million square feet of office space. Metro Tampa has a unique mix of urban, suburban and rural development opportunities spanning 1,266 square miles and three distinct municipalities. 32 million square feet of total office space, 80 million square feet are accessible for distribution warehouse operations, manufacturing and light industrial uses.
Metro Orlando's population diversity leads the rest of the nation by 35 years. Two-thirds of our residents are under the age of 44, and nearly a third has obtained a college degree. Metro Tampa is home to 19 corporate headquarters with over $1 billion in annual revenue, eight of which are Fortune 1000 companies.
Unique resources such as the National Entrepreneur Center. Favorable tax structure and incentives given to new business (Florida has no state income tax). Siemen’s and Lockheed Martin both make Orlando their home.
Central Florida is the #1 tourist destination in the world. Florida’s climate is an attraction to families and retirees and visitors. Central Florida has been named in the Top 10 hottest markets for national business. With a cost of living well below the national average, a mild seasonal climate and a robust assortment of cultural and recreational amenities, it’s no surprise that Metro Orlando and Metro Tampa are top destinations for residents and visitors alike.
With over 4,000 square miles, Metro Orlando offers a variety of lifestyle options and .Metro Tampa boosts the most beautiful beaches in the World with Clearwater Beach voted the number one Beach town in the USA, 2013. Year-round outdoor adventures, with thousands of acres of parks and trails for hiking, biking and exploring.-Year-round sunshine... World-class entertainment. Distinctive neighborhoods. World-class shopping. (Closets free of winter coats, scarves and gloves!)
Second largest industry is technology- a high-tech ecosystem. Strong technology industry of 2,600 companies that employs more than 42,000 people. Top sectors include film and digital media; modeling, simulation and training; optics and photonics; aviation/aerospace; and information technology. UCF College of Medicine and the region's 'medical city', are gaining a reputation as a thriving center for the life science and biotechnology industry.
With a record 57 million visitors to Orlando in 2012, Orlando has perfected the art of getting to and from here. Three international airports, including Orlando International Airport and Tampa International Airport offering non-stop flights to over 70 domestic and international destinations The Port of Tampa has a large cargo mix to its cruise passenger popularity to repair of ships.