Neighborhood · Orlando, Florida
Lake Formosa
Lakeside living minutes from downtown Orlando
3
Homes for sale
$499,000
Median list price
$398
Avg price / sqft
2
Median days on market
Lake Formosa sits just north of downtown, wrapped around its namesake lake in one of Orlando's most walkable close-in pockets. The location does a lot of the work here: downtown is about six minutes away, Universal roughly 18, and Orlando International Airport around 25 — so you get quiet, tree-lined streets without giving up the commute. Families here are zoned for Edgewater High and the well-regarded Audubon Park School, and the neighborhood keeps its own character apart from larger planned communities like Laureate Park or Metro West.
For buyers, this is a tight, fast-moving market. There are just three active listings right now with a median list price of $499,000, and homes are moving almost immediately — median days on market is a single day. If you're comparing it against other close-in Orlando options like City Of Orlando/goaa or the broader pool of Orlando homes for sale, be ready to act quickly when the right one appears.
Lake Formosa is a community in Orlando, Florida.
Quick facts
$489,000 – $720K price range
1,337 sqft median home
$1,900/mo median rent
5 sold in 12 months
Drive times
On the market now
Homes for sale in Lake Formosa
$499,000
1624 HAVEN DRIVE, ORLANDO
3 bd · 1.5 ba · 950 sqft
$489,000
1619 NEW YORK AVENUE, ORLANDO
2 bd · 1 ba · 1,337 sqft
$720,000
1629 FERRIS AVENUE, ORLANDO
4 bd · 3 ba · 2,378 sqft
Every active listing inside the Lake Formosa boundary
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Browse Lake Formosa
Where the market lives
The numbers that matter
The Lake Formosa market
5
Sold, last 12 months
$400,000
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
2 days
Median time to sell
Lake Formosa vs Orlando
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 45.5% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Lake Formosa boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Lake Formosa is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Lake Formosa home
≈ $3,322/mo
$499,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$1,900/mo
Median rent
Homes for rent inside the boundary
Population
1,257
Median age
38
Median income
$88,105
Median home value
$437,188
Beyond the listings
Living in Lake Formosa
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Culture
Top 1% in the U.S.Artistic Appreciation
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Hobbies & Interests
Top 5% in the U.S.Bookish
Always seeking the next book, article, or poem to read, this activity is prevalent in areas where reading is a way of life. Although a solo activity, the expression of the love of books is a bonding, communal experience.
Active
Top 7% in the U.S.Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Culture
Top 7% in the U.S.Dance Devotion
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
Appearance oriented
Top 8% in the U.S.Body Art
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Straight answers
Lake Formosa FAQs
Is Lake Formosa a good place to live?+
It's a strong fit if you want a quiet, established neighborhood with a genuinely short commute — downtown Orlando is about six minutes away and Universal roughly 18. The school assignments to Edgewater High and Audubon Park School are a real draw for families. It has a more intimate feel than sprawling communities like Metro West.
Is Lake Formosa expensive?+
It sits in a moderate range for close-in Orlando, with a median list price of $499,000 and active listings running from $489,000 to $720,000. The average price per square foot is about $398, reflecting the smaller, well-located homes here. Median sold price over the past year was $417,500.
What do homes cost in Lake Formosa?+
Right now the median list price is $499,000, with the current listings spanning $489,000 to $720,000. The median home size is around 1,337 square feet, and homes trade at roughly $398 per square foot. Six homes sold over the past year at a median of $417,500.
How is the market in Lake Formosa?+
It's fast and competitive — median days on market is just one, and sellers are getting about 95% of asking on average. With only three active listings and six sales in the past year, inventory is genuinely thin. Compared to the wider set of Orlando homes for sale, you'll want to move decisively when something fits.
What about HOA fees and property taxes?+
There's no reported HOA for the neighborhood, which keeps monthly carrying costs simpler than in gated or planned communities. Median annual property tax runs about $5,796. For comparison, the median rent in the area is around $1,900 a month.
Keep exploring
More Orlando neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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