Florida beach property

Florida beach property evokes so many dreams that trying to treat it like a marketable commodity nearly spoils those heavenly images that float through our minds. Yes, there are wonderful properties all over the coastal areas of Florida and now they are priced to fit just about anyone’s budget.

We have beach properties from low prices to millions from the beaches of the Emerald Coast in the Florida Panhandle to Key West in the south next to Cuba. There are really beautiful properties from as little as $50,000 now up to $3 million and like any other property, location and quality and size determine price. The cheapest properties are 1-bedroom apartments or condos, and the most expensive are penthouse condos with views of the Gulf of Mexico or a prime Miami location.

Best Florida Beach Property Locations:

The best locations for beach properties are in high-tourism areas and quality urban areas like Fort Lauderdale, Miami, St Augustine, Naples, Tampa, Daytona, and Sarasota, just to name a few areas. These are the most prominent that come to mind and if I had to list all the other good places I would be left without the page, so there are so many to choose from and the prices are very acceptable.

What to consider when looking at a property in Florida Beach?

The property will generally be of high quality and well maintained. I have found that beach property owners tend to take very good care of their properties. However, you have to decide what type of property you want? Again, the decision is whether to invest in a condo, a townhouse, or a villa/house. Then you have to decide how you are going to use it. Are you going to keep it for personal use or do you intend to rent it and let it pay for itself or are you going to do a mix of both?

Invest in Florida beach property for personal use!

There are no problems here, just the jealousy of your friends that you have such an active lifestyle. However, you want to educate yourself about the property before you buy it. What you need to know is what is the property tax in the community? What are the costs of running a house or condo there and what are the community association fees? Also insurance costs and what are most of the units in the location used for? Are they only used by owners/residents or are there a large number leased or rented? The fact that most are rented out means it’s best to get used to new neighbors often and there may be property management fees.

Invest in Florida beach properties for rent.

Once again, there should be no problem here and the same questions above should be addressed. You should also check with your city’s zoning department to find out what rental periods are allowed, as there may be period restrictions. Sometimes you are only allowed to do a certain number of rentals per year, so this is important. High tourist areas may have rental zoning for daily rental, while residential areas may be zoned for 6 months to a year.

Florida Beach Property as an investment?

Beach property in Florida has always been a good investment as these properties are highly marketable and popular all over the world. Properties that are in well-managed, gated communities and in good locations will generally hold their value and, in fact, in the most select locations will give you appreciation. This is where I suggest all investors take my serious advice to work with a licensed real estate broker like us.

The broker will know or research the area and conduct property and neighborhood research for you. The broker will give you rental trends in the area and appreciation trends. As I have said before, the more you know and with the help of the broker, you and your investment will do well.