Neighborhood · Orlando, Florida
Lake Formosa
Lakeside living minutes from downtown Orlando
1
Homes for sale
$720,000
Median list price
$303
Avg price / sqft
71
Median days on market
Lake Formosa sits in the leafy corridor just north of downtown Orlando, where tree-lined streets and an easy walk to the lake give the neighborhood a settled, residential feel. It shares that character with nearby College Park, and homes here feed into well-regarded assigned schools including Edgewater High, Howard Middle, and Audubon Park School. If you want proximity to the city without the noise of it, this is the kind of pocket that keeps buyers coming back.
The market here is small and tightly held — there's currently just one active listing among Orlando homes for sale, priced at $720,000. Over the past year, seven homes sold at a median of $435,000, and sellers took home about 96% of their asking price. With so little inventory, buyers should expect to move deliberately when the right home surfaces, and to compete on the ones that do.
Lake Formosa is a community in Orlando, Florida.
Quick facts
$720,000 – $720K price range
2,378 sqft median home
$1,900/mo median rent
7 sold in 12 months
On the market now
Homes for sale in Lake Formosa
Every active listing inside the Lake Formosa boundary
Open full map search →The numbers that matter
The Lake Formosa market
7
Sold, last 12 months
$435,000
Median sold price
96%
Sale-to-list ratio
What sellers actually get vs asking
6 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
▼ 47.3% 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
≈ $4,790/mo
$720,000 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.
People who close here
Our Orlando experts
Straight answers
Lake Formosa FAQs
Is Lake Formosa a good place to live?+
It's a strong fit if you want an established, lakeside neighborhood with easy access to downtown Orlando. Homes are zoned for Edgewater High, Howard Middle, and Audubon Park School, and the area shares the walkable, tree-shaded character of nearby College Park. The small size means it stays quiet and residential.
Is Lake Formosa expensive?+
It sits in the upper-mid range for Orlando neighborhoods. The single active listing is priced at $720,000, while homes that actually sold over the past year did so at a median of $435,000 — so recent buyers have paid well below current asking levels.
What do homes cost in Lake Formosa?+
The one home on the market lists at $720,000, and pricing runs around $303 per square foot on a median size of about 2,378 square feet. Actual sold prices tell a fuller story: seven homes closed in the last year at a median of $435,000.
How is the market in Lake Formosa?+
It's low-inventory and steady rather than frantic — just one active listing against seven sales in the past twelve months. Homes take a median of 71 days to sell, and sellers are getting about 96% of their asking price, so realistic pricing is closing deals.
What about HOA fees and property taxes?+
There's no reported HOA data for the neighborhood, which is common for an established Orlando area without a formal community association. Property taxes run a median of about $9,437 per year, and median rent sits near $1,900 per month if you're weighing renting against buying.
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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