A new-build townhome community in St. Cloud — one of the most affordable new-construction entry points in the Orlando metro, with strong rental demand from Lake Nona's Medical City employees commuting from Osceola.

3 bed · 2.5 bath
From $345,000
4 bed · 2.5 bath · Larger plan
From $399,000
Sky Lakes is a new-build townhome community in St. Cloud — the part of Osceola County that has become the most active spillover zone from Lake Nona. As Medical City has grown and Lake Nona pricing has compressed entry-level inventory, employees and renters have steadily migrated east into St. Cloud, where new-construction townhomes are still available below the $400K threshold.
The community offers two floor plans: a 3-bed interior townhome ($345K) and a larger 4-bed end-unit ($399K). For investors, this is one of the lowest cost-per-door entry points for new construction in the Orlando metro — and the underlying rental demand from Medical City's commuter base is structural, not speculative.
Why this matters: Sky Lakes hits the cheapest tier of new-construction entry in the Orlando metro while sitting in a county whose population growth has consistently outpaced the metro average. The combination — lowest entry + strongest demographic tailwind — is unusual.
$345K — one of the most affordable new-construction entry points in the Orlando metro.
Medical City's commuting workforce drives structural rental demand from Osceola.
3-bed interior (best yield) and 4-bed end-unit (premium tier) — clean two-tier offering.
The county has consistently outpaced the metro average for population growth.
Modern code, builder warranty, energy-efficient systems — standard new-build advantages.
Both models priced under $400K — a category that's vanishing across the metro.
St. Cloud has been one of Osceola County's fastest-growing sub-markets, driven primarily by spillover from Lake Nona to its immediate north. As Medical City has added jobs and Lake Nona's residential pricing has climbed past entry-level reach, the natural commuter response has been to move one zip code east — into St. Cloud — where new construction is still being delivered at sub-$400K price points.
For investors, the math works on two sides: low cost-per-door at acquisition, and a rental tenant pool that is structurally tied to Medical City employment. Both directions support the underwriting.
For international buyers: You will need a copy of your passport and visa (if applicable), the last three months of bank statements, employment references, and verification of income from your home country. We'll guide you through every step.
StressFree: We handle all the legal, financial, reservation, negotiation, return analysis and property management processes for you — so the journey is calm, transparent and fully accompanied.
Investment thesis
One of the lowest cost-per-door entry points for new construction anywhere in the Orlando metro.
Medical City employees moving east into St. Cloud is a structural rental driver, not speculative.
The county has consistently outpaced the metro average — fundamentals on the demand side.