Inside Milton Square — the new construction micro-housing development giving buyers a real entry point in Seminole County.

If you’ve been priced out of traditional homes in Seminole County, there’s a story most people aren’t talking about yet. The city of Oviedo is taking an active role in addressing housing affordability — and the result is real homes, foundation-based and code-compliant, available under $300,000.

What is Milton Square in Oviedo?

Milton Square is a micro-housing development that came out of Oviedo’s commitment to addressing affordability without disrupting the neighborhood character of the city.

These aren’t trailers. They aren’t temporary units either. They’re new construction, foundation-based, and code-compliant — real homes that accrue equity.

Milton Square homes are:

  • New construction
  • Foundation-based (not modular or manufactured)
  • Code-compliant to the same standards as any new home
  • Priced under $300,000

The city of Oviedo piloted 10 units in 2025. Only a few units remain in the current Milton Square phase as of April 2026.

Why does this matter for buyers in Seminole County?

For buyers who feel locked out of the traditional Seminole County market, Milton Square represents a real entry point into homeownership — not a workaround.

These homes qualify for FHA and VA financing. Buyers with smaller down payments and standard financing scenarios can access them — significantly different from “alternative housing” options that require cash purchases or non-standard loan products.

What’s the bigger picture for Oviedo?

The city of Oviedo just approved an updated community redevelopment plan in early 2026 specifically to steer more developments like Milton Square. This isn’t a one-off project. It’s an institutional commitment to creating more affordable paths to ownership in Seminole County.

The realtors and buyers who understand these municipal shifts — ADU policies, zoning changes, micro-housing approvals — are positioned to act when opportunities emerge. Most people don’t know about Milton Square yet. The ones who do are paying attention.

Thinking about buying in Oviedo or Seminole County?

A 30-minute call can give you clarity on what’s actually within reach for your situation.

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April 2026 market analysis by Jessica Eckhart, residential appraiser at Accredited Appraisals. Natallia Mann, MLO NMLS #2014061. iMortgage4u, Inc., Central Florida mortgage brokerage. NMLS #2322976. Equal Housing Opportunity. Educational content only — not a commitment to lend.