Owning a waterfront property in Florida also provides you several unbeatable benefits that should certainly be factored into your home buying decision. One of those advantages is the fact that waterfront property in Florida appreciates at a steadier and more consistent rate than landlocked properties in the same area.
If you have always dreamed of living on the water and enjoying all of the perks that accompany that lifestyle, you may want to consider investing in waterfront property in Florida. Being able to walk out your back door or open a window and take in all of the beauty and natural energy coming from the water is an experience that very few homeowners are able to have.
At Your Home Sold Guaranteed Realty - Florida Waterfront, our experienced team of realtors is here to help you find the perfect waterfront property in Florida and make sure you are well-aware of all of the benefits that you can enjoy when you make this investment. We are happy to do all of the heavy lifting throughout the process so that you can rest assured knowing that you will have the best possible home buying experience with none of the typical stresses or hassles that often accompany it.
Will Waterfront Property in Florida Appreciate at a Higher Rate?
When it comes to the appreciation rate of Florida waterfront properties, it is quite easy to understand why the rate remains consistently favorable for homeowners due to the concept of supply and demand.
As you know, there are limited waterfront properties in existence throughout Florida, and you simply cannot make more waterways like you can with additional streets. Because of this limited supply, the demand for waterfront properties will always remain high, and investors in these properties can rest assured knowing that the scarcity of the properties will result in a secure investment opportunity.
In fact, waterfront properties will rarely depreciate over time and are even resistant to downturns in the real estate market. If you were to decide that now is the right time to sell your home, you will discover that your waterfront property provides you with a great return on investment. Or you could make additional income by using the waterfront property as a rental home because travelers and vacationers love to rent homes on the water.
Benefits of Owning Waterfront Property in Florida
As the owner of a waterfront property in Florida, you will not only enjoy financial benefits but also a variety of other great advantages that the owners of landlocked properties do not have access to.
Some of these benefits include:
- Participating in water-based activities such as boating, fishing, swimming, and kayaking from your own backyard
- Increasing your overall quality of life and happiness
- Improving your mental health with a higher sense of well-being and joy living near the water
- Higher exposure to Vitamin D, which will improve health
- Enjoying a waterfront view that will never be impeded or built on
- Providing future generations in your family with a legacy property that will continue to appreciate in value
With these amazing advantages, it is clear that investing in a waterfront property in Florida would be a wise investment for anyone who is interested in it. Our team at Your Home Sold Guaranteed Realty - Florida Waterfront is happy to assist you in finding the perfect waterfront home that meets and exceeds the needs of your family, and we will guide you through every step of the process.
A Few Drawbacks Should Be Considered Before Investing in Waterfront Property in Florida
Although investing in a waterfront property is most certainly a great idea, you should be aware that there may be a few drawbacks that need to be considered. These may not deter you from making the investment decision, especially since we have answered the question of will waterfront property in Florida appreciate faster, but it is important that you keep these issues in mind.
Here are some concerns:
- Flooding, especially those in the highest risk level of the FEMA flood map
- Erosion due to rising water levels which can wash away the land over time
- Increased insurance costs and the need for additional premiums
- Higher taxes associated with raised property values
- Extra utility costs if the property does not connect to, for instance, municipal water sources
- Increased maintenance costs for seawall, dock, and boat lift as well as special HVAC care for added wear and tear
- Less privacy due to boat traffic and tourists
Many of these drawbacks do not present major problems for most waterfront property owners, but being aware of them will ensure that you can properly prepare for them and budget accordingly.
Our Realtors Can Answer All of Your Questions about Florida Waterfront Property
Are you and your family interested in buying a waterfront property in Florida but have questions that need to be answered? Have you been asking yourself, “does waterfront property in Florida appreciate faster than landlocked homes”? If so, you need the right information, resources, and guidance from experienced realtors such as ours from Your Home Sold Guaranteed Realty - Florida Waterfront.
Our real estate team is dedicated to helping you find the perfect waterfront home in Florida that meets and exceeds your family’s needs and expectations. Our goal is your 100% customer satisfaction, and we will do everything it takes to get there. We are happy to answer any and all questions and address all of the concerns you may have. When you need skilled real estate assistance, be sure we are your first call.
Feel free to give us a call at 407-307-2617 or fill out the form on this page with the requested information to receive a detailed response from our team. We look forward to hearing from you and can’t wait to help you with all of your real estate needs.