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Property Management Companies in Orlando, FL
List of Property Management Companies in Orlando, FL
Finding Property Management Companies in Orlando, FL can make a significant difference when you own a rental home, multi-unit property, or investment portfolio in Central Florida. This page helps property owners compare local companies, understand the services they offer, and make informed decisions. Whether you need full-service management or support with specific tasks like leasing or maintenance, this guide provides a useful overview of what to expect in the Orlando market.
Services Offered
- Full Property Management: Complete hands-off management, including leasing, tenant relations, rent collection, maintenance coordination, inspections, and financial reporting.
- Tenant Placement / Leasing: Marketing the rental, screening applicants, preparing leases, and securing a qualified tenant for your property.
- Rent Collection: Handling monthly rent payments, tracking balances, and following up on late payments through standardized processes.
- Maintenance & Repairs: Coordinating routine repairs, scheduling vendors, responding to tenant maintenance requests, and overseeing work quality.
- Property Inspections: Regular move-in, move-out, and periodic inspections to assess property condition and identify maintenance needs early.
- Eviction Coordination: Assisting owners with legal eviction procedures, including notices, documentation, and coordination with legal professionals when necessary.
- Financial Reporting: Monthly and annual statements showing income, expenses, and tax-related documentation for property owners.
- Short-Term Rental Management: For vacation rentals, services may include guest communication, dynamic pricing, cleaning schedules, and platform management.
Licensing & Requirements
Property management companies in Orlando must comply with Florida state regulations. While Florida does not require a dedicated “property management license,” any company or individual performing leasing, advertising rentals, or collecting rent on behalf of an owner must hold a Florida real estate broker’s license.
In addition, Orlando property managers must follow local housing and safety codes, fair housing laws, security deposit rules under Florida Statutes, and relevant municipal guidelines for rental properties. Short-term rental managers must ensure the property has proper permitting when required within Orange County or city limits.
How to Choose a Property Management Companies
When evaluating Property Management Companies in Orlando, FL, compare their service packages, pricing structure, and experience with your property type. Look for companies with strong knowledge of Orlando’s neighborhoods, rental demand, and compliance requirements.
Questions to ask include:
- How do you screen tenants?
- What is your process for handling maintenance and emergencies?
- Which fees are included, and which are optional or add-on?
- What technology or reporting systems do you use?
- How often do you inspect the property?
Common pitfalls to avoid include choosing a company solely based on the lowest fee, overlooking hidden charges, or hiring a manager without experience in your specific property category (single-family, multifamily, condos, or short-term rentals). Always review the management agreement carefully before signing.
Typical Costs
Costs vary based on services, property type, and company structure, but owners in Orlando typically encounter:
- Monthly management fee: ~8%–12% of collected rent for long-term rentals.
- Tenant placement fee: Usually equal to 50%–100% of one month’s rent.
- Lease renewal fee: Often a flat fee or a small percentage of monthly rent.
- Maintenance coordination: Some providers include basic coordination; others charge per service call or apply a small administrative markup.
- Vacancy or setup fees: Not all companies charge these, but some do for onboarding new properties.
These ranges are for informational purposes only and can vary between providers.
Frequently Asked Questions
Most companies manage single-family homes, condos, townhomes, and small multifamily buildings. Some also specialize in short-term or vacation rentals, which are popular in the Orlando area.
While it’s not required, hiring a property manager can simplify leasing, maintenance, and compliance when you’re not local. Many out-of-state investors choose management to ensure consistent oversight.
Leasing times depend on price, location, condition, and market demand. Well-priced rentals in good condition often lease within a few weeks, especially during peak moving seasons.
Most companies run background checks, credit checks, rental history reviews, and income verification to ensure applicants meet their criteria.
Yes. Property managers can assist with notices, documentation, and coordination with an attorney, following Florida’s legal requirements.