Neighborhood · Orlando, Florida
Lake Formosa
Historic charm minutes from downtown Orlando
2
Homes for sale
$779,500
Median list price
$414
Avg price / sqft
27
Median days on market
Lake Formosa sits just north of the Central Business District, close enough that downtown Orlando is roughly a six-minute drive yet far enough to feel like a settled, tree-lined residential pocket. The lake at its center anchors a neighborhood of established homes with an older-Orlando character, and the Audubon Park School zoning draws families who want walkable, community-minded living. For buyers comparing it to master-planned options like Laureate Park or Hunters Creek, the appeal here is location and personality over new-build uniformity.
The market is small and moves quickly. With just two active listings and a median list price of $839,000, inventory is tight and homes that fit the brief tend to go in about 18 days. Sold prices over the past year tell a more grounded story — a $400,000 median — so pricing varies widely by home size and condition, and sellers are collecting about 94% of asking. If you're also weighing nearby neighborhoods, it's worth watching Orlando homes for sale broadly, since only a handful of Lake Formosa homes trade in any given year.
Lake Formosa is a community in Orlando, Florida.
Quick facts
$459,999 – $1.1M price range
1,805 sqft median home
$1,850/mo median rent
5 sold in 12 months
Drive times
On the market now
Homes for sale in Lake Formosa
$459,999$478,999
1619 NEW YORK AVENUE, ORLANDO
2 bd · 1 ba · 1,337 sqft
$1,099,000$1,199,000
1707 ASHER LANE, ORLANDO
3 bd · 3.5 ba · 2,273 sqft
Every active listing inside the Lake Formosa boundary
Open full map search →Find your fit
Browse Lake Formosa
By feature — on the live map
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
≈ $4,961/mo
$779,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$1,850/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 for buyers who want established-Orlando character with downtown at their doorstep — about six minutes to the Central Business District and roughly 25 minutes to MCO. The neighborhood is zoned for Audubon Park School, Howard Middle, and Edgewater High, and the lake gives it a calmer feel than the busier commercial corridors nearby.
Is Lake Formosa expensive?+
It skews above the Orlando median, with a current median list price of $839,000 and listings ranging from about $479,000 to $1,199,000. That said, actual sold prices over the past year carried a $400,000 median, so what you pay depends heavily on the specific home's size and condition.
What do homes cost in Lake Formosa?+
Active listings run around $443 per square foot against a median home size of about 1,805 square feet. You'll find everything from more attainable homes near $479,000 up to a $1M-plus option on the market now, so it's a neighborhood where price reflects the individual property rather than a tight range.
How is the market in Lake Formosa right now?+
It's small and quick — just two active listings and a median of 18 days on market. Only five homes sold here over the past 12 months, and sellers averaged about 94% of their asking price, so it's competitive for the right home but not a frenzy. If you want more options, it's worth also browsing Orlando homes for sale nearby.
What about HOA fees and property taxes?+
There's no significant HOA structure reported for Lake Formosa, which is typical of older, non-master-planned Orlando neighborhoods. Property taxes run around $7,728 per year at the median, and median rent in the area sits near $1,850 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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