Page 61 - US-VIETNAM INVESTMENT FORUM 2024

US-VIETNAM BUSINESS AND REAL ESTATE CONFERENCE EXPO
FLORIDA
High tourist traffic, rising property values, and a culturally rich business district.
REAL ESTATE
STATISTICS
Median home price
$420K, gains in Miami &
Orlando.
Sales Volume
Stable sales, growth in
suburbs & coastal areas.
Inventory
Slight increase in supply,
high demand in Miami.
Days on Market
Avg. 45 days on market,
longer due to higher rates.
DEMOGRAPHICS
Population
Florida has around 22 million residents, with
fast growth due to retirees and people
moving from other states.
Vietnamese Community
Florida has smaller but growing Vietnamese
communities, particularly in Orlando and
Tampa. The state is home to about 60,000
Vietnamese residents, many of whom are
involved in real estate, hospitality, and
service industries.
Ethnic Diversity
Florida has large Hispanic, Cuban-American,
Asian, and African American communities.
COMMERCIAL CENTER
Vietnamese Town at Colonial Drive
(Orlando, FL): vibrant center for
Vietnamese culture and commerce in the
heart of Orlando.
TOP UNIVERSITIES
University of Florida
Business, Engineering, Biology
Florida State University
Psychology, Business, Criminology
University of Miami
Business, Nursing, Marine Science
University of Central Florida (UCF)
Engineering, Business, Hospitality
University of South Florida (USF)
Nursing, Business, Engineering
Florida International University (FIU)
Business, Hospitality, Computer Science
Rollins College
Business, Psychology, Environmental Studies
Florida Atlantic University
Business, Nursing, Psychology
Source: NAR