29 Palms at City Center West Orange
Condos from $192,000, 30 Minutes to Disney World
May 30, 2017
Have you heard about the newest attraction coming to Florida?
In a few days Walt Disney World will open its most ambitious land to date, “Pandora – The World of Avatar,” in its Animal Kingdom theme park. It will bring to life James Cameron’s 3D aliens-vs.-developers film.
Visitors will walk under floating mountains, fly with mountain banshees and float through a bio-luminescent rainforest in the new land.
Sounds pretty cool, doesn’t it? Well, if you think you’d enjoy this new attraction as well as the many other theme parks, water parks and attractions in beautiful Orlando, Florida, my featured property today could be the perfect vacation home for you. Read on for details.
29 Palms Luxury Condos
29 Palms at City Center will be a nine story building with 290 condo residences in Ocoee, Florida, a suburb that abuts Orlando. With an impressive roof-top amenity center and large pool and spa, residents will feel like they are visiting a five-star resort.
The condominium building is part of a $400-million, lifestyle development, City Center West Orange, that will encompass restaurants, shops and inviting places to socialize.
29 Palms will offer the best of tropical living. It will have a two-acre amenities deck on the seventh floor, lushly landscaped into a tropical oasis with a fitting 29 palm trees. It will include a resort-style pool and sun deck, spa, cabanas with food and drink service, tennis, volleyball and walking paths. Other amenities in 29 Palms are:
- Impressive lobby
- Wine storage
- Club room with billiards, yoga room
- 24 hr. fitness room
- Group exercise room
- Racquetball Courts
- Two air-conditioned racquetball courts
- Meeting & event rooms
- Controlled garage parking
- Onsite storage available
- E-car charging stations
Additionally, a high quality and interesting mix of tenants are planned for City Center. You’ll be able to walk to casual and fine dining restaurants, cafes, bistros, wine bars, shops and entertainment.
Open-Concept Condo Residences
At 29 Palms, each condominium residence offers an open and stylish look and feel with finely appointed finishes throughout.
The interior of all residences has been designed with upgraded custom kitchens and bathrooms including modern cabinetry, solid surface countertops, stainless steel appliances, standard tile flooring (upgrades like wood floors are an option), spacious closets and a large private patio terrace.
City Center West Orange
The development in which 29 Palms will be located is the to-be-built City Center West Orange, a mixed-use, lifestyle destination.
When complete in approximately 10 years, it will consist of 100 acres of lakeside property with approximately 20 buildings, including:
- 500,000 sq. ft. restaurant and retail space
- 200,000 sq. ft. medical and office space
- 1,500 condos/apartments
- 70,000 sq. ft. West Orange County Convention Center
- 5K trail with children’s play area
- Upscale shopping
- Grocery store
- Movie theater
The first residential building to be constructed in Phase 1 will be 29 Palms.
Ocoee, 30 Minutes to Disney
The City Center West Orange complex is located in a city named Ocoee, a fast-growing suburb that abuts Orlando. I’m personally familiar with it (even though I can’t pronounce it) because my sister and her family have lived there for the past 20 years and love it. She is always quick to point out the city’s slogan, which is, “Ocoee, the Center of Good Living.”
Ocoee offers easy access to all the great attractions and activities in Orlando but is far enough away from the tourist areas to avoid the traffic.
29 Palms is within 15-30 minutes of:
- Disney World
- Universal Studios
- Sea World
- Disney’s Wide World of Sports
- Orlando International Airport
- Downtown Orlando
- Orange County Convention Center
- International Drive (shops, restaurants, attractions)
- Various arts, cultural and sports venues
Over 65 championship golf courses are within a short drive as are numerous shopping malls and premium outlet centers.
Leaseback Program for Investors
29 Palms is suitable as a primary residence or vacation home. It also has investment potential. Condo owners have the option to participate in a two-year seller leaseback program offering a 5% NET rental guarantee. All HOA fees, real estate taxes and management fees will be the developer’s responsibility.
Ocoee has a strong rental market. Estimated rental rates, per the leaseback program guarantees are:
- Sable: 1 bedroom + den, 1 bathroom – $1,461+
- Queen: 2 bedroom + den, 2 bathroom – $1,962+
- Royal: 3 bedroom+ den, 2 bathroom – $2,219+
- Majesty: 3 bedroom+ den, 2 bathroom – $2,589+
For international investors, 29 Palms can be your gateway to permanent residency. The EB5 Program grants Green Cards to families that invest at least $500,000 in a qualifying project, and 29 Palms has already been approved. Inquire for more details.
Construction Already Underway
Construction on City Center West Orange began in January 2017 by preparing the site with all underground utilities and street work. Completion of this $20-million phase of the project is scheduled for late 2017. Then construction will begin on 29 Palms and the 200,000 square feet of retail space with a target completion date in late 2019, approximately 24 months later.
29 Palms offers a variety of floor plans with one to three bedrooms, all of which come with dens. The condos range in size from 693 square feet to 1,453 square feet.Prices are extremely inexpensive compared to what similar properties in my own backyard of South Florida would cost. The 29 Palms condos range in price from $192,000 to $349,000.
Want to know more? I have plenty of additional details in my data sheet, which you can request below:
Volcano Bay Opening Soon!
In the beginning of this write-up, I told you about Disney’s new World of Avatar. But that’s not the only grand opening expected in Orlando. Universal’s Volcano Bay will open in just a couple of weeks.
It’s a water theme park with 18 different attractions. Careen down slides, brave whitewater torrents, drift down a lazy river or relax in your own waterside cabana. This water park is just steps away from Universal’s other world-class theme parks including Islands of Adventure and Universal Studios.
Orlando has so much to offer, with new and exciting attractions being added all the time. You’ll never be bored. When you own a condo at 29 Palms, why not get a season’s pass to the theme parks and enjoy your favorite activities on a regular basis.
As always, thank you for your interest in the properties I write about. And I hope you’ll give me a call if you’re looking for a Florida condo or condo hotel.
Have a sunny day!
Licensed Real Estate Broker
Condo Hotel Center
1368 NW 165th Ave.
Pembroke Pines, FL 33028
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