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LAKE NONA MARKET UPDATE  ·  MAY 2026

LAKE NONA MARKET UPDATE · MAY 2026

Your Lake Nona Home Is More Valuable Than You Think.

The rental market is strengthening. The development pipeline is extraordinary. The window to position your property correctly — before the next wave arrives — is right now.

20+ Years Focused on Lake Nona

~3,000 New Jobs Coming 2027

405,000 SF Retail Opening Now

380 Acres New Dev District Approved

THE MARKET · MAY 2026

Something Significant Is Happening in Lake Nona

If you own property in Lake Nona — or have been watching this community from the outside — the next twelve to eighteen months represent one of the most compelling moments in this market's history. Not hype. Data.

Lake Nona has always been a community that delivers on its promises. For two decades, what was once an undeveloped stretch of southeast Orlando has become one of America's most studied and admired master-planned communities — a 17-square-mile living lab built around health, technology, sustainability, and quality of life.

And right now, the next chapter is opening. Literally.

When a community adds 3,000 high-wage jobs, a major hospital, 405,000 square feet of walkable retail, and a new development district in the same twelve-month window — that is not a coincidence. That is a market inflection point.

What follows is a clear-eyed look at what is happening, what it means for rental demand, and why owners who act strategically right now are positioned to benefit most from what's coming.

WHAT'S HAPPENING RIGHT NOW

The Developments Reshaping This Market

RETAIL · OPENING NOW

Lake Nona West — 405,000 Sq Ft Opening in Phases

Target, Nordstrom Rack, Barnes & Noble, Total Wine, Sephora, Dick's Sporting Goods, Homesense, Drybar, Kilwins, Just Salad, JETSET Pilates — and Cañonita from Las Vegas. Homesense opens mid-May. 30 original murals. 20 ultra-fast EV chargers. Named 2024 Retail Deal of the Year by NAIOP Central Florida.

CORPORATE · 2027

Siemens Energy — ~3,000 Employees Arriving

The global energy technology leader relocates its Orlando offices to a new 242,000 sq ft Class A campus in Lake Nona Town Center. High-wage, high-skilled professionals — exactly the profile of long-term, quality renters.

HEALTHCARE · NOVEMBER 2026

AdventHealth Lake Nona — Hospital of the Future

A 10-story hospital on a 25-acre campus opening November 2026. Incisionless surgical technology, men's health, cardiology, neurology, and bariatrics. Lake Nona's Medical City — already home to Nemours, UCF Health, and the Orlando VA — keeps growing.

DEVELOPMENT · 2026+

380-Acre Growth District — Unanimously Approved

Orlando city commissioners unanimously approved the Dowden Central Community Development District in March 2026 — 380 acres of intentional, infrastructure-first, mixed-use growth centered around Medical City and Lake Nona Town Center.

THE DECISION

Can't Sell Right Now? That Might Be the Best News You've Heard.

Timing the real estate market is notoriously difficult — and in a high-appreciation market like Lake Nona, selling before a major development wave has historically meant leaving significant value on the table. Renting isn't a consolation prize. For many owners, it's the smarter play.

THE RENTAL THESIS

Why Demand Is Only Going Up in This Market

Rental demand doesn't strengthen by accident. It's driven by jobs, infrastructure, lifestyle, and the quality of the people a community attracts. Lake Nona is firing on every one of those cylinders — simultaneously.

01 — A Professional Workforce Is Relocating Here

Siemens Energy's ~3,000 employees, Medical City's expanding workforce, and a growing base of healthcare, biotech, and tech professionals create sustained, quality rental demand from exactly the profile of resident every investor wants.

02 — Lifestyle Amenities Are Finally Catching Up

Lake Nona West's 405,000 sq ft of retail, dining, and lifestyle space addresses the community's longstanding gap. When residents can live, work, shop, and dine without leaving — they stay longer. Longer tenancies mean more stable income for owners.

03 — Medical City Draws Global Talent

Nemours Children's Hospital, UCF Health Sciences, the Orlando VA, UCF Lake Nona Hospital (LEED Gold certified), and now AdventHealth's hospital of the future collectively attract researchers, physicians, and healthcare professionals from around the world — many renting before buying.

04 — Infrastructure Investment Protects Values

New roads, roundabouts, autonomous shuttle expansion, the 380-acre Dowden Central development district, and a new elementary school with a 14-acre community park aren't just amenities — they are the structural foundation of long-term asset appreciation.

05 — Orlando's Growth Story Is Far From Over

Narcoossee Road traffic grew from 38,000 to 59,500 cars per day between 2022 and 2025 — a 57% increase in three years. That is population growth in motion. The people driving those roads need places to live.

06 — Brightline Connectivity Changes the Calculus

Direct high-speed rail to Miami, Fort Lauderdale, West Palm Beach, and beyond positions Lake Nona not just as an Orlando suburb — but as a gateway community for professionals who travel south Florida regularly. That's a tenant profile that doesn't exist in most markets.

VERANDAH PROPERTIES

We Don't Just Manage Properties. We Protect Investments.

Verandah Properties is a boutique, white-glove property management firm with over twenty + years of experience hyper-focused on the Lake Nona region. We are not a volume operation. We are a standards operation — and the difference shows in every outcome we deliver for our owners.

🔍  Tenant Curation, Not Just Placement

Our resident selection process is thorough, consistent, and strictly compliant with Fair Housing law. We screen for financial stability, rental history, and character — because the right resident is the foundation of a successful tenancy.

🛠  Proactive Maintenance Management

We use licensed, vetted vendors exclusively — no tenant self-repairs, no deferred maintenance. Proactive inspection cycles catch issues early, when they're inexpensive, before they become the kind of capital events that shock owners at resale.

📊  Data-Driven Rent Positioning

Every renewal is informed by current market comparables, not gut feeling. We don't leave money on the table — and we don't spring uncomfortable conversations on owners. It's a standard business process, handled professionally, every time.

🛡  SureVestor Landlord Shield

Our owners have access to SureVestor GL coverage — significant liability protection with no deductible — not available to self-managing owners. This is one of our signature differentiators and one of the most meaningful protections we offer.

📈  Experian Rent Reporting

Through AppFolio, we report your resident's on-time payments to Experian — incentivizing rent payment, attracting financially responsible tenants, and reinforcing the professional, structured nature of the relationship.

🤝  Relationship Management

Twenty years in this market means twenty years of pattern recognition. We know how to handle situations before they escalate, how to retain quality residents, and how to protect both sides of a tenancy with consistency, fairness, and professionalism.

IS THIS YOU?

The Owners Who Benefit Most from Professional Management

Verandah is not the right fit for everyone — and we're honest about that. Our model is built for a specific type of owner, and we've found over two decades that when the fit is right, the outcomes are exceptional for both sides.

You bought in Lake Nona because you believed in this community — its vision, its infrastructure, its long-term trajectory. You didn't buy it to become a landlord. You bought it as an investment, a future home, or a strategic asset. Now life has moved in a different direction, and the question is how to make it perform while you're not here to manage it yourself.

Whether you are a physician relocating for a fellowship, a corporate professional whose company transferred you, an investor adding Lake Nona to a thoughtful portfolio, or a homeowner who simply isn't ready to sell into this market — Verandah offers a path to professional, protected, truly passive stewardship of your Lake Nona home.

We handle everything. You receive a well-maintained asset, consistent income, regular reporting, and the peace of mind that comes from knowing your investment is in the hands of someone who has been watching this market — and caring for properties within it — for over twenty years.

LET'S HAVE A CONVERSATION

Your Lake Nona Home Deserves a Strategy.

Not a quick decision. Not a generic pitch. A real conversation about your property, your goals, and whether Verandah is the right partner for what you're trying to accomplish.

Email Pamela: pamela@verandahproperties.com

Website: verandahproperties.com

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