As any Florida resident will tell you, one of the absolute best aspects of living in Florida is having easy and constant access to some type of water: ocean, lake, river, etc. Relaxing on the beach or splashing around in the water is an activity that people from all over the world come to Florida to enjoy, and residents are able to take advantage of it anytime they want.
For those residents who own waterfront properties in Florida, they have an even bigger advantage over others who are more landlocked. They can simply walk outside and go down to the beach on their own properties. At any time of the day or night, a waterfront property owner can enjoy the sun and sand without ever having to leave the safety and comfort of their homes.
Unfortunately, waterfront properties in Florida generally do not come cheap. Because they are so highly desired but supply is limited (you can’t build more coast!), the owners of these properties can expect to list their homes at a very high price and actually receive that amount. However, there are certain places in Florida where a home buyer can invest in an affordable waterfront property.
What Is a Waterfront Property?
A waterfront property is exactly what it sounds like. Your home and property border the shore of a body of water. It can be on an ocean, river, lake, or any other body of water, and it is considered a waterfront property as long as there are no other homes or other structures in between your property and the water.
It is important, especially when buying an affordable waterfront property in Florida, that you carefully read the description. Some home buyers read “water view” and assume that means your property is on the water. This is not true. Your view of the water will likely have another structure or home (or many homes) in between your property and the water. As long as you can see a piece of the water from your property, it is considered a water view, but this is most certainly not a waterfront property.
Benefits of Owning an Affordable Waterfront Property in Florida
As we have said, there are many benefits to owning an affordable waterfront property in Florida that other homeowners will simply not be able to enjoy. Some of the most important of these advantages are:
- Access to the water whenever you want
- Increase in home value
- Consistently high home worth, regardless of the current market
- Ability to participate in water-based activities without having to leave your home
- Convenience of at-home boat or other water vehicle storage
- Long-term health benefits from the relaxing atmosphere
With all of these great benefits, it is no wonder that home buyers seek out waterfront properties in hopes of finding a hidden gem that is affordable.
Where Can a Home Buyer Find the Most Affordable Waterfront Property in Florida?
At Your Home Sold Guaranteed Realty - Florida Waterfront, our realtors understand how expensive it can be to invest in a Florida waterfront property. They are greatly sought after, and this keeps their sale prices very high (take, for instance, Anna Maria Island where the median home cost is just under $1 million). Thankfully, there are certain areas of Florida where you can find a beautiful and affordable waterfront property in Florida, and some of the locations may surprise you!
Here are the top 4 areas of Florida where you can find an affordable waterfront property in which to invest:
There is always something to do when you live in Cocoa Beach. From the world-famous pier to Cocoa Village, Florida’s Space Coast is a highly desirable place to visit and to live. Fortunately, you may be able to find an affordable waterfront property. The median home cost is around $314,000.
Located just south of Palm Beach County, you will find Deerfield Beach and its Blue Wave beach, which has excellent water quality and conservation policies. Those inclined to outdoor activities will enjoy camping, fishing, and riding long cable ski courses at Quiet Waters Park. The median home value here is just $182,300 – an extremely affordable coastal town.
Just about everyone knows Daytona Beach is famous for its NASCAR event as well as being a destination location for spring breakers. Tourism is never at a loss in Daytona Beach because there is always something happening. Unexpectedly, the home prices are quite affordable with the median cost sitting at $144,800.
Because it has 400 miles of navigable waterways, Cape Coral has been referred to as “Waterfront Wonderland,” and there are plenty of great activities to partake of when living there. You would think that this idyllic town would be quite expensive, but the median home price sits at $227,300.
If you want more information about the most affordable locations in Florida in which to purchase a waterfront property, be sure to contact an experienced realtor who can guide you through the process and help you find the perfect home at a reasonable price that doesn’t break your budget.
Our Realtors Can Help You Find a Beautiful and Affordable Waterfront Property in Florida
Our team of skilled realtors at Your Home Sold Guaranteed Realty - Florida Waterfront understands the value of an affordable waterfront property in Florida, and we are dedicated to helping home buyers like you find exactly what they are looking for. We have the knowledge of the local area needed to locate a property that is within your price range and meets your needs. Our team will expertly guide you through the home buying process and make it as easy as possible for you.
If you want more information about affordable waterfront property options in Florida or are ready to get started on your home buying journey, simply give us a call at 407-307-2617 or fill out the form on this page with the requested information. One of our talented real estate professionals will send you a detailed response as soon as possible. We look forward to hearing from you and getting you started!