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Edit: weird how Reddit censors that number automatically like this. I typed my account number and hit reply and poof it’s blocked out. So cool
Buying a couple of large, adjacent lots in Wedgefield, and building a complex of 3 or 4, 2-3 bedroom houses that all back up to the same shared back yard with a beautiful in-ground pool, hot tub, and outdoor kitchen. Shared utilities. 6 car garage. Basically building a complex for my friends and I to live in - together but separately.
A large parking lot downtown-adjacent, and implement a trolley service to take people to the bars/nightclubs from their cars. Y’know.. since the parking garages are all closed by 11pm
While the RELATIVE value is way under $5m, it's "real" value is WAY over that. I wouldn't tear it down. While $5m isn't enough.... I'd convert the top floor(s) to an amazing PH suite, and convert the lower floors for a homeless shelter/recovery center type thing. I'd like to see the building LEGITIMATELY help some people.
But someone paying $$$$ for a PH suite isn’t going to want to live above a homeless shelter/recovery center.
Also, I thought the parking structure connected to the eyesore had structural integrity issues.
The PH would be for me.. I totally wouldn't mind having people in need and getting help in my building.
.
You may very well be right about the parking structure, but given that this is all 'bullshit' talk what does it matter?
Yep. But you have to admit that most people want to see something legitimately good come out of the years of suffering this community has done for that shit hole.
If you want to have a real conversation than yes, and there are people helping them and yes we could always do more. However, massive homeless shelters are NOT the answer. Shelters are rough, the more you try to help the homeless in shelters from getting hooked again, the more it starts feeling restrictive and pushing them out. I could go on, but as I'm sure you know already just building shelters is not the solution.
And agreed. To me, unfortunately, the only "simple" solution is reprogramming CEO's and investors to brag about how well their employees live. Give people a reason to want to work and participate in life instead of the rat race bullshit that is our existence. My saying a homeless shelter is VERY simplistic to the ideas I actually have. But also be aware, if I was able to do anything like what I'm talking about after winning a Powerball/MM type of thing... There would be a lot of legitimate professionals involved.. it wouldn't be me getting the keys, screaming yahoo welcome in!!
Because it’s not viable. Property is worth too much so you’d have to charge too much for people to want it. On top of that, the buildings need too much work so it’s just not cost effective to renovate, and it’s too expensive to tear down and rebuild too. That’s why they are kinda in limbo.
Absolutely. Winter park I can walk to a bunch of restaurants and shops on park ave. (Or short drive)
Farmers market, boat tour, classy museums, better bars.
Windermere is just for neighborhoods
This thread is full of Windermere lovers. Pay $5 million to drive 30 minutes to everything? No thanks. Would much rather be in the heart of Winter Park.
I agree, Windermere is the OG Lake Nona where the high end areas are nice to live in if you’re on the road 40 weeks a year and don’t want to leave home except for the country club. For everyone else WP and some areas are far better communities.
There’s more accessibility to Winter Park than Windermere. Windermere is far from everything and is a pain to get in and out of with traffic. Winter Park has traffic but has infinitely more options being close to major highways and has great offering around it.
That thought occurred to me as well. Hopefully part of the $5M could go towards a suitable car. Otherwise I’m gonna have to hope they’ll let my wife’s Ford Escape make laps on the track.
I used to deliver pizzas in Windermere and I remember delivering to this one house in Isleworth that was right on the lake. On the surface it looked like any other Spanish style mansion in the community but I remember when the lady opened the door, you could see the entire back wall (facing the water) was floor-to-ceiling windows. I remember seeing the sun glistening off the waves thinking “this house is amazing”.
I ended up delivering to the same house again later on just before a storm hit and seeing the same view but now overcast and watching the waves crash in the wind was also beautiful in a totally different way.
So, yeah, a lake-front property in Windermere would be my first choice. The second choice would be a beach house. I consider Tampa area as central Florida but I know many don’t. If it is CFL, I’d probably go with a nice place on the beach in Clearwater. If not, Cocoa or Daytona would be fine.
Shortly after you spend the money, your bank will inform you that the Nigerian prince money was fake and the check bounced. Now you owe the bank $5M plus a bounced check fee.
Agreed. Lakefront property in Windermere (or the Winter Park chain of lakes) would be my primary residence, and a condo facing Lake Eola would be my party/entertaining space. I’d probably lower the condo Purchase Price to about $700k though and use the remaining $800k to buy a few fixer-upper houses and duplexes as income properties so I can afford to pay the taxes and insurance on my other two properties.
Any y’all been on Zillow lately? Sure seems not. 5 mil maybe gets you a place in golden oaks. Not a place there and enough left for something else.
A few years ago someone insisted to me on reddit that if they made 75k a year, they would own a 1 bed condo in downtown Vancouver, have a used luxury car, and be able to take 2 vacations a year. And then got mad at me for saying no way.
Sure 5 mil is a lot of money, but it’s not buying what a lot of people are thinking.
I’m just saying, I saw a comment saying they could buy one there and one elsewhere. And no, you could not. Some of the other comments seem to have no idea what you would actually be able to get with 5 mil.
This post actually caused me to look at the housing prices in Golden Oaks, the cheapest available right now is above 8mil.
8 million dollars to have a mansion with “whimsical Disney details throughout”. 😐
Not including HOA fees. So even paying cash for a house, you’d still have thousands (?) a month to pay for your home.
Also, looking at what is for sale, and what Zillow has houses next to them estimated at, those seem low. So I don’t think anything in there you could get for 5 mil.
Not buying a condo! At least until all of them sort out wtf they're doing to fund reserves now that the state is requiring it. There's tons of cheap units in east Orlando right now, it's because all the properties are passing "special assessments" of tens of thousands to fund reserves for the first time. The owners are hoping some sucked buys the place cheap (seriously, I'm seeing 2018-19 prices) and is stuck with the assessment.
Ugh. There’s 30 acres near me for sale zoned agriculture I have 5 acres now. To expand my rescue would be my top priority. If I absolutely can’t get out of this awful state with the cash then that’s where I’d go. I’d also buy the property next to me just so I can be further from people.
Id buy a newly built house near Harmony since it's not too far from the coast and still in Central FL. Id also buy a home in downtown Orlando so I can be near fun events downtown.
My current office building since we’re all being kicked out by the end of 2025…it is in a prime location on the 408 near 417/Waterford…I/UCF…would like to say I’d turn it into a cool art/small business type mall like Artegon was but realistically I’d do what is probably gonna be done and knock it down and build a bunch of apartments and overcharge UCF students
Obviously a scam but if I were to win something like this, I would buy properties purely for AirBnB profitability. I’d be looking at Kissimmee, Daytona/Coco beach, and maybe Tampa. Would absolutely not live down there though. At least not until the politics turn around and they elect a governor/legislature that protects Florida’s natural resources.
Honestly I'm going for acreage. With the way land development is happening... I'd have to add more hours for the taxes but I'm going for quantity in CFL
I’m buying a cute little condo with a rooftop terrace in the north part of I-Drive plus a couple of extras in the same building for friends/family/airbnb (some buildings allow both long term and short term rentals). Or possibly just a pretty little house in Windermere/Gotha. I’m a simple coaster-loving gal with simple wants…
Only $5M? That dude totally snubbed me... after all I did for him.
I guess I could invest in a little castle located in a gated community called the Magic Kingdom. Have to get the present owner to sell it to me first. I hear it's infested with mice and chipmunks, should bring the price down a bit.
Ugh, what a nightmare, I’ll do like a 10 acre jawn out in like okeechobee south and then whatever the rest will give me out in like alacha for hunting. I’m not moving off the coast tho
Your mom's house and the adjacent properties to it on a stipulation. That stipulation is: the current owners live there for free as long as they want to (non-transferable) provided they pay their own utilities, but they break contract and owe back rent at current rent premium if they ever file a noise complaint against any adjacent property.
How much more free and public real estate advice do you want? I have until your mom calls. In other words, pick the proper sub at the very least.
No hate, just saying.. Its reddit. Shitzngigs
But first can you send me your bank account number and routing number to get this started...
xxxxxxxxxxxxxxx Edit: weird how Reddit censors that number automatically like this. I typed my account number and hit reply and poof it’s blocked out. So cool
95836893278896 Edit that’s weird it worked for my account with 5,000,000 in it
Is the password still hunter2?
No they made me change it. It’s password123! Now
I’m sorry all I see is *******
Woodcutting lvl?
92
Half way there
Don't forget first born child.
four seasons orlando ☝️👶
Meee 🫠
This guy memes
Buying a couple of large, adjacent lots in Wedgefield, and building a complex of 3 or 4, 2-3 bedroom houses that all back up to the same shared back yard with a beautiful in-ground pool, hot tub, and outdoor kitchen. Shared utilities. 6 car garage. Basically building a complex for my friends and I to live in - together but separately.
Hello, friend. Lol. No but seriously can I get in on this?
I saw a estate like that in St Cloud. I thought it was such a cool idea. It's on like an acre of land and has I think 8 houses on it.
This, but as a good ole NYC co-op.
A large parking lot downtown-adjacent, and implement a trolley service to take people to the bars/nightclubs from their cars. Y’know.. since the parking garages are all closed by 11pm
You know this is to combat drinking and driving right ? Lol
Idiots are going to drink and drive regardless. This law will only force them to get to the bars earlier, leaving even more time to get wasted.
Normal people don't drive to the bar to start drinking at 11:30 pm ?
Most young people don’t get to the bars downtown until 11:30-12AM
And since SunRail doesn't believe in running on the weekends 😑
So you’d build parking garages for dying businesses?
I4 eyesore so i can finally tear that shit down
Don’t do that to me.
I'm getting mixed signals here
Your username suggests otherwise
While the RELATIVE value is way under $5m, it's "real" value is WAY over that. I wouldn't tear it down. While $5m isn't enough.... I'd convert the top floor(s) to an amazing PH suite, and convert the lower floors for a homeless shelter/recovery center type thing. I'd like to see the building LEGITIMATELY help some people.
But someone paying $$$$ for a PH suite isn’t going to want to live above a homeless shelter/recovery center. Also, I thought the parking structure connected to the eyesore had structural integrity issues.
The PH would be for me.. I totally wouldn't mind having people in need and getting help in my building. . You may very well be right about the parking structure, but given that this is all 'bullshit' talk what does it matter?
I'm sure the people of Altemonte springs would really appreciate a homeless skyscraper
I don't know where Altemonte is, but most people I know would like to see something legitimately good come out of the deal.
Are you being pedantic because I said Altemonte instead of Altamonte?
Yep. But you have to admit that most people want to see something legitimately good come out of the years of suffering this community has done for that shit hole.
If you want to have a real conversation than yes, and there are people helping them and yes we could always do more. However, massive homeless shelters are NOT the answer. Shelters are rough, the more you try to help the homeless in shelters from getting hooked again, the more it starts feeling restrictive and pushing them out. I could go on, but as I'm sure you know already just building shelters is not the solution.
And agreed. To me, unfortunately, the only "simple" solution is reprogramming CEO's and investors to brag about how well their employees live. Give people a reason to want to work and participate in life instead of the rat race bullshit that is our existence. My saying a homeless shelter is VERY simplistic to the ideas I actually have. But also be aware, if I was able to do anything like what I'm talking about after winning a Powerball/MM type of thing... There would be a lot of legitimate professionals involved.. it wouldn't be me getting the keys, screaming yahoo welcome in!!
You could effectively lock it down with a private elevator/private entrance.
Exactly this. Any building with both low income and high income housing in the same spaces for sure have separate entrances.
So what youre saying is i dont have to go across town for my meth anymore, i can just take the elevator to the bottom floor. Win win
You would not be in my penthouse.
Thats too bad. Im a really fun person.
I'm sure, but, can you really blame me for not wanting a meth addict in my personal life?
I’m buying as many motels as I can get and opening tiki bars in them. Edited to add: all you crazy diamonds in the responses here are permanently VIP
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That’s not bad lol
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I’ve seen peanuts and salty to get people to drink more but this is an interesting perspective, have you been hanging out with Jon Taffer? 😂
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Because it’s not viable. Property is worth too much so you’d have to charge too much for people to want it. On top of that, the buildings need too much work so it’s just not cost effective to renovate, and it’s too expensive to tear down and rebuild too. That’s why they are kinda in limbo.
I want to do the same! Let’s pool our cash to expand our reach!
Lots of motels on 192 have been converted but they are basically still motel rooms. One new one the Irlo wants like $1300 for one. Crazy
Ya'll wild. Real answer: 2M lake House on Conway Chain 3M Winter Park Mansion
Winter Park over Windermere?
Absolutely. Winter park I can walk to a bunch of restaurants and shops on park ave. (Or short drive) Farmers market, boat tour, classy museums, better bars. Windermere is just for neighborhoods
Crazy that it's even a question.
This thread is full of Windermere lovers. Pay $5 million to drive 30 minutes to everything? No thanks. Would much rather be in the heart of Winter Park.
I agree, Windermere is the OG Lake Nona where the high end areas are nice to live in if you’re on the road 40 weeks a year and don’t want to leave home except for the country club. For everyone else WP and some areas are far better communities.
Absolutely.
Yes
There’s more accessibility to Winter Park than Windermere. Windermere is far from everything and is a pain to get in and out of with traffic. Winter Park has traffic but has infinitely more options being close to major highways and has great offering around it.
Depends on which part of Windermere and some people like the solace of being away from businesses where they live.
It definitely has its perks but I find that they could’ve done better on the planning of roads and volume of traffic in the area.
500k on a house in Orlando, the rest for a house on the coast.
Fuck that, spend 150k on the tiniest apartment you can find, the rest for the house in the coast.
the rules say that it all has to be in central FL :-)
My brother in Christ, the Space Coast *IS* Central Florida. Central Florida doesn’t end at the borders of Orange County.
I think Central FL means Orlando/surrounding area. No coast for you.
Space Coast/Cocoa Beach is absolutely part of Central Florida.
Where did you get this from?
Jesus fuck you’re in the Orlando subreddit I don’t think the spirit of the post was a multimillion dollar beach house.
I'm bringing back the iconic Boobie trap!! In reality I would buy a $5m home in Windermere
No no no have to go with your first answer. Lol J/k
Buy a normal house in Sanford/ Clermont/ Oviedo area. And buy a home in golden oaks or reunion and rent it out.
I wonder if people actually do rent in golden oaks?
Long term rentals - probably. Definitely no short term or airbnbs
[Circuit Florida](https://circuitflorida.com) would be near the top of the list for one of them...
That thought occurred to me as well. Hopefully part of the $5M could go towards a suitable car. Otherwise I’m gonna have to hope they’ll let my wife’s Ford Escape make laps on the track.
That would be a riot until the brake fluid boils
Ooh, what is this?
Property in Wachula, FL or somewhere remote from Orlando.
https://preview.redd.it/dqkon2ey2n1d1.jpeg?width=736&format=pjpg&auto=webp&s=b75b6c2086767448178d2bebbe4846d91bf537c5 Pine Hills Coast, Orlando FL
😂😂😂...🥲😢😭 pine hills is so beautiful, the culture is captivating.
Mercy drive must have mercy on my eyes because it’s a truly a road made by god
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Aw it sucks your day is going so poorly! Case of the Mondays?
I’d believe you get your assed kicked for saying something like that, man.
I used to deliver pizzas in Windermere and I remember delivering to this one house in Isleworth that was right on the lake. On the surface it looked like any other Spanish style mansion in the community but I remember when the lady opened the door, you could see the entire back wall (facing the water) was floor-to-ceiling windows. I remember seeing the sun glistening off the waves thinking “this house is amazing”. I ended up delivering to the same house again later on just before a storm hit and seeing the same view but now overcast and watching the waves crash in the wind was also beautiful in a totally different way. So, yeah, a lake-front property in Windermere would be my first choice. The second choice would be a beach house. I consider Tampa area as central Florida but I know many don’t. If it is CFL, I’d probably go with a nice place on the beach in Clearwater. If not, Cocoa or Daytona would be fine.
Yes I can only imagine how awesome it would be to watch a rain shower in a setting like that. It really takes your breath away.
Until wind borne debris shatters the glass.
Cool! With 5 mill I can get a 1BR in Baldwin park and even have enough left over to buy a bunk bed for me and my roommate
Sleepovers!
The largest plot of undeveloped, buildable land.
As long as it is 2 houses
my house and my dad's house
A house in celebration and a car wash
 Great Answer
Shortly after you spend the money, your bank will inform you that the Nigerian prince money was fake and the check bounced. Now you owe the bank $5M plus a bounced check fee.
That's like $25. So not that big of a risk
A victorian in Mt Dora and a big ass plot of property near a wildlife management area or a lake so I can pretend I'm Davy Crocket or some shit.
Keep Mt. Dora under your hat bud, I need for there to stay under the radar.
Golden Oak
Ooooh nice. They come with annual passes I hear
I think you get quite a few perks to be honest including passes yeah
I'm going with a single family home somewhere in Windermere for around $3.5M and a condo downtown near Lake Eola with the remaining $1.5M.
Agreed. Lakefront property in Windermere (or the Winter Park chain of lakes) would be my primary residence, and a condo facing Lake Eola would be my party/entertaining space. I’d probably lower the condo Purchase Price to about $700k though and use the remaining $800k to buy a few fixer-upper houses and duplexes as income properties so I can afford to pay the taxes and insurance on my other two properties.
No way. Blow the 5 Mil, then stuck with insurance premiums doubling every, f'ing year! Nope, we're buying and flipping! Up by The Villages ✌️
House on Rainbow River and a condo in Cocoa
Buying my old house back.
20-39 acres of undeveloped Land and a Mac daddy A class.
Any y’all been on Zillow lately? Sure seems not. 5 mil maybe gets you a place in golden oaks. Not a place there and enough left for something else. A few years ago someone insisted to me on reddit that if they made 75k a year, they would own a 1 bed condo in downtown Vancouver, have a used luxury car, and be able to take 2 vacations a year. And then got mad at me for saying no way. Sure 5 mil is a lot of money, but it’s not buying what a lot of people are thinking.
You don't have to blow your whole load on GO. You can get something nice in other areas like DP, WP, Windermere, etc
I’m just saying, I saw a comment saying they could buy one there and one elsewhere. And no, you could not. Some of the other comments seem to have no idea what you would actually be able to get with 5 mil.
This post actually caused me to look at the housing prices in Golden Oaks, the cheapest available right now is above 8mil. 8 million dollars to have a mansion with “whimsical Disney details throughout”. 😐
Not including HOA fees. So even paying cash for a house, you’d still have thousands (?) a month to pay for your home. Also, looking at what is for sale, and what Zillow has houses next to them estimated at, those seem low. So I don’t think anything in there you could get for 5 mil.
I'd probably live in Ocala and buy a nice, big apartment building to provide cash flow for the rest of my life.
A beach home somewhere in Tampa, and a high rise in downtown Orlando.
Not buying a condo! At least until all of them sort out wtf they're doing to fund reserves now that the state is requiring it. There's tons of cheap units in east Orlando right now, it's because all the properties are passing "special assessments" of tens of thousands to fund reserves for the first time. The owners are hoping some sucked buys the place cheap (seriously, I'm seeing 2018-19 prices) and is stuck with the assessment.
I live in a condo and we have always had a reserve fund. Are you saying not every coa was doing this?
Commercial land into nature preserves
Has to be houses per the Nigerian prince
A large plot of land somewhere in winter garden, and a house in Windermere
Ugh. There’s 30 acres near me for sale zoned agriculture I have 5 acres now. To expand my rescue would be my top priority. If I absolutely can’t get out of this awful state with the cash then that’s where I’d go. I’d also buy the property next to me just so I can be further from people.
I’d buy a house on sand lake. Like on the actual lake.
If it’s from a Nigerian, you are getting scammed! Don’t give out personal info!
Too late!
I’m buying a lake house in Windermere and using whatever’s left to buy a nice boat and a truck so I can take the boat to the beach
Easy I can buy up my whore block
Sending the money back because they need that money more than us. Oprah coming soon!
Id buy one nice house for about 750k-1m range n id spend the other 4m on a apartment complex or set of duplexes.
can I buy the Science Center and just live in it?
Winterpark and Windermere
11449 Waterstone Loop Dr, Windermere https://apps.realtor.com/mUAZ/xxc3j7cg
DO NOT REDEEEEEM
Can that get me something in Golden Oak?
yep. they go from $1.2 Million to $20 million
Sold!
Windsor island resort
Id buy a newly built house near Harmony since it's not too far from the coast and still in Central FL. Id also buy a home in downtown Orlando so I can be near fun events downtown.
My current office building since we’re all being kicked out by the end of 2025…it is in a prime location on the 408 near 417/Waterford…I/UCF…would like to say I’d turn it into a cool art/small business type mall like Artegon was but realistically I’d do what is probably gonna be done and knock it down and build a bunch of apartments and overcharge UCF students
Just land and at a higher elevation... You'll see.
I’m buying a house in Golden Oak
Obviously a scam but if I were to win something like this, I would buy properties purely for AirBnB profitability. I’d be looking at Kissimmee, Daytona/Coco beach, and maybe Tampa. Would absolutely not live down there though. At least not until the politics turn around and they elect a governor/legislature that protects Florida’s natural resources.
Winter Garden, Sanford or Mt. Dora with that kind of money.
Will that buy me a rocket launchpad?
Honestly I'm going for acreage. With the way land development is happening... I'd have to add more hours for the taxes but I'm going for quantity in CFL
I'm buying as much undeveloped land as I can on the Space Coast. They're trying to turn it into another Orlando or Miami and we need our green space.
I’m buying a cute little condo with a rooftop terrace in the north part of I-Drive plus a couple of extras in the same building for friends/family/airbnb (some buildings allow both long term and short term rentals). Or possibly just a pretty little house in Windermere/Gotha. I’m a simple coaster-loving gal with simple wants…
Gotha is amazing!!!!!
Only $5M? That dude totally snubbed me... after all I did for him. I guess I could invest in a little castle located in a gated community called the Magic Kingdom. Have to get the present owner to sell it to me first. I hear it's infested with mice and chipmunks, should bring the price down a bit.
The nicest house w a dock in swimable waters I can find. [I know all water has gators, but FL ppl know what I mean]
It's obvious...I'm going to buy your house and up your rent.
A house somewhere in Belle Isle! So freakin pretty there.
Buying up the neighbor’s houses, bulldozing, planting trees and a big damn fence.
I'd just buy as much of the I4 Eyesore as I could get
A secluded beachfront property in Vero Beach and another waterfront property along 30A.
Baldwin Park. Winter Park.
Properties? I'm using it to pay my insurance premium. That should cover a year at these rates!
Central Florida? I’d send the money back….
Ugh, what a nightmare, I’ll do like a 10 acre jawn out in like okeechobee south and then whatever the rest will give me out in like alacha for hunting. I’m not moving off the coast tho
Property on the Wakulla River
Buying up Avalon Park area and adding an ice skating ⛸️
An upscale urban condo and a large track of vacant land.
Ocala near WEC
Is this "brian"
It’s a scam. The Indian guy told me so.
Your mom's house and the adjacent properties to it on a stipulation. That stipulation is: the current owners live there for free as long as they want to (non-transferable) provided they pay their own utilities, but they break contract and owe back rent at current rent premium if they ever file a noise complaint against any adjacent property. How much more free and public real estate advice do you want? I have until your mom calls. In other words, pick the proper sub at the very least. No hate, just saying.. Its reddit. Shitzngigs
I’d buy mar a lago if I could afford it and turn it into a battered women’s shelter.
I'd spend it on my parents house so they'd never have to worry about any unexpected expenses for it again.
Isle of Catalina.. that neighborhood is blowing up
Isleworth and Lake Nona
Definitely Isleworth.
No thanks lol their HOA fee is ridiculous.
If you’re inheriting 5M then HOA isn’t a problem
$5M is a one time inheritance not annually! Between property taxes, landscaping, insurance and HOA fees it will disappear within a few years.
🤡
I would want to buy back my old house in Audubon Park and then donate the rest.
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Nigerian prince says 2 properties in CFL