FLORIDA — The Florida vacation home industry is booming, and some homeowners are selling their properties.
More than 70% of vacation homes in the state are owned by families, according to the latest Census data from the Department of Commerce and Economic Opportunity.
About 1,300 vacation homes are available for sale.
“They’re not for sale right now, but there’s a lot of demand for them,” said Jim Johnson, a real estate agent in Orlando.
Some of the homes being offered for sale include one in downtown Orlando, a bungalow in the Lake Worth area and a condo on a lake in Orlando’s Lake Charles neighborhood.
The demand has caught the attention of real estate brokers and agents, who have noticed that more and more vacation homes have gone up for auction.
Johnson said many of the properties in Lake Charles have been up for weeks, and many are for sale for more than $200,000.
“I’ve been told, ‘You have to go down to Lake Charles,'” Johnson said.
When Johnson was a child, he spent his summers at the Lake Charles Golf Club, where he met his future wife, Maril.
They moved to Orlando in the early 1980s, where Johnson worked as a golf course manager.
But in 1989, he moved to the Sunshine State and eventually started a realtor agency, Johnson said, and his family soon moved to Florida.
He said he’s been buying vacation homes since 2000, and he’s never seen a price drop.
At his current listing, Johnson is looking to sell one of his Lake Charles vacation homes for $200 million.
“It’s not the same thing,” he said.
“It’s a different time, a different country, a totally different lifestyle.
I don’t want to go back to a time when we lived on the same beach.”
Johnson is a big seller.
He said he recently sold a vacation home in the city of Orlando that was previously listed for $250 million.
Another vacation home he’s selling in Lake Worth, in the affluent suburb of Lake Forest, is $200.5 million.
It’s going to be a very different life for me, Johnson, who’s been married for 26 years, said.
“This is a new life.
I don’t know if it’s going in the same direction, or in the right direction.
We’re very different people.”
Johnson says he plans to sell the house to his future family in Lakeland, Florida, and they will live in the home for the rest of their lives.
A new trend is selling a vacation house in a single day.
In Orlando, real estate agents are getting a lot more requests for vacation homes.
A lot of people are asking, “Is it possible for me to do it?” said Steve Johnson, another agent.
“A lot of times, it’s a very easy answer.”
“The more we see that demand, the more it’s just going to expand,” said Johnson.