Available Now
Orlando Nona DST
Novel Nona, a Class A 260-unit community located in Orlando’s premier Lake Nona submarket is now available as a DST offering through Origin Exchange.
Overview
Novel Nona is a newly delivered Class A apartment community in Orlando, FL, situated directly on Lake Whippoorwill in the heart of the highly sought-after Lake Nona submarket. The community includes 260 luxury residences across four stories, offering a mix of modern floor plans and top-tier finishes. Its lakefront setting, premier construction quality and proximity to Lake Nona’s medical, technology, and lifestyle hubs create strong long-term renter appeal.
Orlando Nona DST can provide investors exposure to one of Florida’s top-performing neighborhoods, backed by institutional-grade development and strong demographic fundamentals. Premier construction, a lakefront setting, and durable demand drivers position the asset as a high-quality long-term multifamily investment.
Through the Origin Exchange Program, investors can diversify by exchanging their properties for professionally managed, institutional-quality real estate like Orlando Nona DST. With DST interests held for at least two years, investors enjoy steady income and potential for capital appreciation.
Additionally, Origin Investments’ flagship IncomePlus Fund has an option to acquire the DST interests through a tax-deferred Section 721 exchange in which investors’ DST interests would be exchanged for units in the Fund’s operating partnership, diversifying their investment while continuing to defer taxable gains.*
*There is no guarantee that the IncomePlus Fund will exercise its fair market value option.
Key Metrics
| Market | Orlando, FL |
| Year Built | 2023 |
| Property Class | A |
| Units | 260 |
| Total Capitalization | $90M |
| DST Offering Equity | $46M |
| DST Offering Debt | $43.7M |
| Loan-to-Value | 48.6% |
| Tax Reporting Details | Grantor Letter |
| Expected Hold Period | 2–8 Years |
| Minimum Investment | $250K |
| Fees | View Fees |
Property
- Property Overview: Novel Nona is a Class-A, 4-story Garden with 260 residential units situated on Lake Whippoorwill in Orlando’s Lake Nona submarket.
- New Construction: The asset is being acquired near replacement cost, providing access to new construction quality with limited near-term capital requirements.
- Occupancy: The property is currently approximately 95% occupied.
- Unit Mix: The property offers a balanced mix of studio, one-, two-, and three-bedroom residences.
- Amenities: Fourth-floor sky lounge with lake views, saltwater pool with cabanas, wellness walking trail, coworking spaces, fitness and yoga studios, and indoor and outdoor kitchen areas.
- Finishes: Class-A finishes, including quartz countertops, shaker-style cabinetry, stainless steel appliances, smart home technology, and modern fixtures.
Location
The area surrounding Novel Nona is filled with everyday conveniences, national retailers and local favorites that enhance the community’s livability. Residents enjoy access to popular dining and shopping options such as Starbucks, Olive Garden, Raising Cane’s, Chick-fil-A, Sam’s Club, and T.J. Maxx—many within just minutes of the property.
Lake Nona also offers a robust mix of lifestyle and educational amenities. Valencia College and Lake Nona High School sit nearby, while the surrounding area features highly walkable retail corridors, grocery options like Bravo Supermarkets, and numerous parks that take advantage of the neighborhood’s lakes and open space.
With quick connectivity to SR-417 and Narcoossee Road, residents are only minutes from the Lake Nona Town Center, Medical City, and the region’s top entertainment and employment hubs. This blend of convenience, accessibility and everyday amenities makes Novel Nona a highly desirable place to live.
About Origin Exchange
Through the Origin Exchange program, investors can exchange up into institutional-quality real estate and exchange out of active management. Key benefits include:
- Low-Fee DST: Syndicated DSTs offered through broker-dealers often carry layered upfront costs that can total 10–14%, including selling commissions, dealer manager fees, and other transaction-related expenses. Origin Exchange’s fee structure is intentionally streamlined. The DST pays an upfront fee to cover organizational and offering expenses, along with an annual asset management fee during the operational phase. We do not charge acquisition fees or disposition fees, and we do not pay brokerage sales commissions. As a result, a greater portion of invested capital is allocated toward the acquisition of real estate.
- Defer Your Taxes Indefinitely: Taxes including federal capital gains, state income and depreciation recapture are deferred and the basis from the original property rolled over.
- Generate Passive Income: Landlords exchange day-to-day property management for the benefits of a passive, monthly income stream.
- Access Institutional-Quality Real Estate: Investors can exchange privately held properties for interest in Class A multifamily assets sourced and managed by our team of experts.
- Simplify Estate Planning: Beneficiaries inherit interest in a security, rather than a property, through an estate or trust—with little or minimal tax implications if they decide to liquidate the real estate.
- IncomePlus Fund Option: Origin’s IncomePlus Fund has the option to acquire DST interests through a 721 exchange—further deferring taxes and providing greater diversification for DST investors.*
Learn more about our Origin Exchange program.
*There is no guarantee that the IncomePlus Fund will exercise its fair market value option.
Take the Next Step
Download the Orlando Nona DST investment summary to learn more.