SunDance is comprised of 300 units situated in 13 two-story garden-style apartment buildings. SunDance enjoys an excellent location in Clermont, Florida just east of US 27, 20 miles west of downtown Orlando and 12 miles northwest of Walt Disney World. The property enjoys convenient access to SR 27, SR 50 and Florida’s Turnpike, thus allowing for an easy commute to other major area employers, shopping, nightlife and entertainment. Clermont has been one of the fastest growing cities in the Orlando MSA with a population that has doubled since 2000. SunDance is located adjacent to a Super Wal-Mart, Lake Felter Park and award-winning Lost Lake Elementary School. Clermont is also home to the Chain-of-Lakes, totaling nearly 8,700 acres offering a wide range of fishing, water sports and recreational activities.
Residents are offered four different floor plan options with three different color-coordinated schemes ranging from an 801 square-foot one bedroom design to a 1,453 square-foot three-bedroom design. The average unit size is 1,053 square feet. Units feature crown molding, gourmet kitchens, nine-foot ceilings, built-in microwave, wall-to-wall carpeting in living area and bedrooms, window coverings, central air conditioning and heating, patio/balcony, eat-in kitchens, walk-in closets, cable or satellite and high-speed Internet ready. Island kitchens are equipped with dishwashers, glass top stoves and tile backsplash, and frost-free refrigerators with icemakers. Most units also contain a full-size washer and dryer (most purchased since 2007). Community amenities include a swimming pool, indoor basketball court, business center, a clubhouse with media room, modern fitness center, playground, and controlled-access entry.
The city of Clermont has recently seen tremendous development and growth, which is expected to continue in the future. According to ESRI, the population within five miles of the property has more than doubled since 2000, going from 29,043 in 2000 to 60,092 in 2008. The five-year future projection for the population is 80,372, representing an increase of 5.99% annually from 2008 through 2013.
Major area employers include Walt Disney World (the area’s largest employer), South Lake Hospital Campus, USAT Training Center, WalMart, UCF South Lake Campus, and Lake Sumter Community College. Access to Disney World via Highway 27 is a 20 minute drive. South Lake Hospital is located five minutes away from SunDance.
The city of Orlando, located in Orange County, serves as the nucleus of the four-county Orlando Metropolitan Statistical Area, a region with a population of more than 2.1 million. Synonymous with tourism, Orlando also boasts several Fortune 1000 companies, a diverse economic base, and the University of Central Florida, one of the largest universities in the nation, with an enrollment totaling over 53,000 students.
While the city of Orlando is known as the “City Beautiful” for its brick-lined streets, green space, and eclectic housing options, the metro area is also home to thriving suburbs that offer room for continued expansion. The region’s other advantages include a lack of state income tax, as well as an affordable cost of living and a growing list of cultural options.
Both the city and the metro area have received a variety of accolades in recent years, including the number-four economic development hotspot in America (Expansion Management Magazine), fifth-most wired city in the nation (Forbes), ninth-fastest growing metro area (Forbes), and fifth-ranked among Milken Institute’s 2007 “Best Performing Cities.” Moreover, in 2008, Fast Company magazine named Orlando one of only three U.S. cities on its list of the world’s 12 “Fast Cities,” a ranking based on the region’s creativity and innovation. As examples of these qualities in Orlando, the magazine cited the area’s interactive game hub, centered on the local Electronic Arts studio, as well as the Lake Nona Science & Technology Park.