A Look at Volusia County Real Estate Market Trends by Lawrence Todd Maxwell of MX Properties

The Dynamics of Commercial Real Estate in Daytona Beach, Volusia County - Lawrence  Todd Maxwell

Volusia County, Florida, is gaining ground as one of the most desirable locations for real estate investment in the Sunshine State. With beautiful coastlines, steady population growth, and a healthy blend of urban and suburban communities, the area has drawn significant interest from both residential buyers and commercial developers. Among the key figures shaping and analyzing the market is Lawrence Todd Maxwell, the experienced CEO and founder of MX Properties, who brings a data-driven yet deeply intuitive understanding of local trends.

In this post, we’ll take a closer look at current Volusia County Real Estate market dynamics and trends through the lens of Lawrence Todd Maxwell’s expertise. Whether you’re an investor, a first-time homebuyer, or simply curious about what’s happening in the region, this insight will help paint a clearer picture of the market in 2025 and beyond.

Who Is Lawrence Todd Maxwell?

Before diving into the numbers and forecasts, it’s worth taking a moment to understand who Lawrence Todd Maxwell is and why his voice matters in this conversation.

As the head of MX Properties, Maxwell has over 30 years of experience in real estate development, asset management, and investment strategy. His company focuses on commercial and residential development across Florida, but Volusia County has always been one of his key interest areas. Known for his practical insights and proactive approach, Maxwell has helped shape several successful real estate projects, from office parks to mixed-use developments.

His deep local knowledge, combined with his ability to read national economic signals, makes him a go-to expert for understanding how Volusia County fits into the broader real estate landscape.

Volusia County at a Glance

Volusia County is located on Florida’s eastern coast, home to popular destinations like Daytona Beach, DeLand, and New Smyrna Beach. It’s a diverse area that combines thriving tourist zones with quiet suburban communities and revitalized downtowns.

With a population of over 570,000 and rising, the county has become a magnet for retirees, remote workers, and families seeking affordable housing options compared to pricier markets like Miami or Orlando. The region’s access to major highways and proximity to Orlando International Airport and Daytona Beach International Airport only add to its appeal.

Residential Market Trends

1. Steady Price Growth

According to Lawrence Todd Maxwell, one of the standout features of the current Volusia County Real Estate market is the steady rise in home values. Over the past five years, the median home price has increased by over 40%. While that growth has moderated slightly due to rising interest rates in 2024, demand remains strong.

“Buyers are still coming, especially from out of state,” says Maxwell. “Florida continues to attract people for tax reasons, climate, and lifestyle. Volusia County gives them a lot of value per dollar.”

2. Inventory Shortages

Another trend Maxwell points out is the persistent shortage of available homes, especially in the entry-level and mid-tier markets. This low inventory keeps prices high and puts pressure on first-time buyers.

Developers are trying to meet demand, but zoning, land availability, and construction costs all play a role in slowing supply.

3. Growth in Suburban Hotspots

While Daytona Beach continues to attract attention, suburban areas like Port Orange, Ormond Beach, and DeLand are seeing rapid growth. These communities offer a blend of affordability, safety, and quality schools, making them popular for families.

“Suburbs are evolving,” Maxwell says. “They’re not just bedroom communities anymore. We’re seeing more mixed-use developments, coworking spaces, and cultural investment.”

Commercial Real Estate Trends

1. Retail and Mixed-Use Resurgence

In contrast to the national trend of declining retail space, Volusia County has seen a resurgence in strategic retail and mixed-use developments. Thanks to the county’s growing population and strong tourism economy, restaurants, boutique shops, and lifestyle centers are thriving in well-positioned areas.

“People want experiences,” Maxwell explains. “Smart commercial developers are designing spaces that combine living, working, shopping, and recreation.”

2. Industrial Boom

The rise of e-commerce and supply chain logistics is another factor reshaping Volusia County’s commercial real estate. With its strategic location near I-95 and I-4, the area is becoming a hub for distribution centers and industrial parks.

MX Properties has actively participated in identifying and acquiring land suitable for light industrial development. “It’s not the most glamorous sector, but it’s vital and very profitable right now,” notes Maxwell.

3. Office Market Adapts

While traditional office demand has softened in some urban areas, Volusia County’s flexible office spaces and smaller-scale professional buildings continue to attract interest. With more companies embracing hybrid work models, there’s growing demand for suburban office space that’s accessible and affordable.

“Office space isn’t dead,” Maxwell says. “It’s just different now—smaller footprints, more amenities, and tech-ready infrastructure.”

Investment Opportunities in 2025 and Beyond

Despite national economic headwinds and fluctuating interest rates, Lawrence Todd Maxwell remains optimistic about the Volusia County Real Estate market.

Here are some of the areas he sees as ripe for investment:

  • Affordable Housing Projects: With housing shortages in the lower price brackets, there’s a need for smart, scalable residential developments.
  • Revitalization in Historic Downtowns: Cities like DeLand and New Smyrna Beach offer great opportunities for adaptive reuse of older properties.
  • Hospitality Developments: Tourism is a consistent economic driver in Volusia County, especially with annual events like Bike Week and the Daytona 500.
  • Green and Sustainable Projects: Eco-conscious development is on the rise, and Maxwell believes this will only grow with evolving state and federal incentives.

Challenges to Watch

Of course, no market is without its challenges. Here are a few hurdles Maxwell highlights for anyone interested in investing or developing in the area:

1. Rising Construction Costs

Material and labor shortages continue to inflate project budgets. While costs have stabilized somewhat, they’re still well above pre-pandemic levels.

2. Regulatory Hurdles

Zoning regulations, permitting delays, and environmental impact assessments can slow the pace of development, particularly in coastal zones.

3. Climate Resilience

As with many coastal areas in Florida, Volusia County must contend with climate change, flood risk, and hurricane preparedness. Investors need to be mindful of building codes and insurance requirements.

What Sets Volusia County Apart?

What keeps Volusia County on the radar of top-tier developers like Lawrence Todd Maxwell? It’s the unique blend of opportunity, diversity, and livability. From bustling beachfront communities to quiet inland neighborhoods, the county offers something for everyone—and that variety supports a robust and resilient market.

Moreover, the local government has shown a willingness to work with developers to encourage thoughtful growth while maintaining the region’s character.

The Future According to Lawrence Todd Maxwell

So, what’s next for the market?

Maxwell believes the Volusia County Real Estate market is entering a period of strategic growth. “We’re not in a boom or a bust,” he says. “We’re in a phase where quality, sustainability, and long-term vision are going to matter more than ever.”

He advises investors and developers to focus on projects that meet real community needs, whether that’s workforce housing, green office parks, or public-private partnerships for infrastructure improvements.

“Think long-term,” Maxwell emphasizes. “This isn’t about flipping a quick profit. It’s about building something that will last.”

Final Thoughts

The real estate market in Volusia County remains one of Florida’s most dynamic and promising. Backed by strong fundamentals and led by experienced voices like Lawrence Todd Maxwell, the region is poised to continue its upward trajectory in both residential and commercial sectors.

Whether you’re looking to buy a home, invest in property, or develop a new commercial space, keeping an eye on expert insights and long-term trends is key. As Maxwell puts it, “Markets go up and down, but if you build value and invest wisely, there’s always opportunity.”

For anyone interested in exploring the Volusia County Real Estate market further, following leaders like Lawrence Todd Maxwell of MX Properties is a smart move. His hands-on approach, deep market knowledge, and strategic vision continue to shape the region’s growth in meaningful ways.

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