ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%
ORLANDO INDUSTRIAL7.2%+0.4%
MIAMI MULTIFAMILY$3,420+1.2%
TAMPA RETAIL4.8%-0.2%
US-192 CORRIDOR$340/SF+4.1%
30Y FIXED MORTGAGE6.72%-0.08%
FED PROBABILITY (PAUSE)92%+2%

Is Orlando multifamily oversupplied with 11,367 units under construction?

The 11,367-unit figure is the largest active construction pipeline in the United States by unit count, and it is not causing structural oversupply, because Orlando’s demand denominator is also among the largest in the country. Orlando adds approximately 78,000 net new residents per year at the current pace of 1,500 per week. At an average household size of 2.4 persons, that is 32,500 new households annually. At a 65–70% renter rate for in-migrants, net new renter demand is 21,000–22,750 households per year. The 11,367 units under construction will deliver over 18–30 months, not in one year, producing an annual delivery pace of 5,500–7,500 units. Against 21,000–22,750 units of new renter demand per year, the pipeline is tight but manageable. The vacancy rate confirms this: the market has held at approximately 7% through the entire delivery cycle, absorbing units as they deliver without building dark inventory.