According to recent estimates from the US Census Bureau, nearly six percent of Americans own…
Florida is one of the most picturesque states in our union. In fact, the state of Florida attracts more than 100 million visitors annually. From fishing, beaches, warm temperatures and more, Florida is a divine destination for many. Lots of folks contemplate owning a second home in the sunshine state. Let’s examine some questions you should ask yourself as you look into owning a second home in Florida.
What Am I Willing To Spend On My Second Home?
As you contemplate owning a second home in Florida, you want to think about what you are willing to spend. Existing single-family homes and condos may differ in price compared to new construction homes. So, you want to think about what you are willing to pay for your second home. Once you have an idea of what you are willing to spend, you can begin to shape the kind of home you desire in your mind.
What Kind Of Second Home Do I Desire?
Another aspect that you want to think about as you look into owning a second home in Florida is what kind of home do you desire. Are you looking for a large home that will provide ample space for your children as well as your grandchildren when they come to visit? Do you and your partner desire a simple, yet luxurious condo? Would you like your second home in Florida to be a waterfront home in a wonderful community? Take the time to think about the second home you want and how that home will be utilized.
Will I Rent My Home Out When I Am Not There?
Many people who look into owning a second home turn that home into a rental property. For example, you may decide to spend your summers in your primary dwelling and then fly to Florida to enjoy sun, fun, and warmer temperatures during the brutal winter months. During that time that you’re away, will you be renting that home out to another person or family? Owning a second home and turning it into a rental property can be profitable if done correctly.
Where Do I want My Second Home To Be Located?
Florida is a state with thriving communities and neighborhoods. While you think about owning a second home in the Sunshine State, you want to think about where you want your second home located. Will that beautiful waterfront property that you’re eyeing be located in a community with mostly retired residents? Are you leaning toward a neighborhood with many children so that your grandchildren may have playmates when they come to visit? Location is vital when you look into owning a second home in Florida.
As you look into owning a second home and you scout out a Florida real estate agent, you want a real estate group that knows Florida and will provide you with an array of choices for a second home, based upon your needs, budget, and desires.
Thankfully, your Fort Lauderdale, FL real estate company is here to assist! As an experienced, credentialed, and accomplished real estate professional, we won’t just give you a list of houses for sale and wish you luck.
Count on us to take the time to listen to your needs, as well as the reasons that you are looking into owning a second home in Florida. Whether you’re looking into investment properties, luxury waterfront homes for sale, or beautiful waterfront homes, we can provide you with a second home that you will love and cherish for years to come. Connect with us today and learn why owning a second home in Florida is a fantastic decision for you and your family.