Florida Real Estate-Relocating to Florida

Jacksonville St Augustine Investment opportunities Large metropolitan areas with all the amenities of big city life and abundant recreational opportunities mixed in with a great climate attract people...lots of people. Tourists need places to stay and people relocating need places to rent either part time or while they close on a home or find an apartment. Jacksonville is a happening town-with a median age of just 36 it is a vibrant, energetic and growing community. Types of Investments Aside from commercial investments the two situations most people are looking for in Florida are • Vacation homes or Condos that can be rented out … Generally a purchase involves a 1031 tax exchange or just someone looking for a second home in an area that he/she or the family will use occasionally. • A person looking for a home to eventually retire to and rent out in the meantime to help pay the mortgage. • The best areas to rent are anywhere near the water and the best rents will start at open wa

Building a Home in the Florida Keys Buying a lot and building your dream home may be the way to go. The cost of building will vary widely from $50.00 per square to $300.00 and up. Basically lots in Florida as far as price goes will run as follows. Most expensive • Open-water—Atlantic or Gulf • Open-water Inter-Coastal or other Rivers-Lakes • Canal Homes with Open water views (Bay or Atlantic-Gulf) • Canal homes-Boat able and quick access to open-water • Dry Lots—price widely varies based on the community and area. *As to canal lots and how boat ability affects prices. If the depth of the canal and the width allows for a 50ft boat or sailboat-it will be more expensive than a lot on a canal that is shallow and usually not as wide. The bigger the boat, the more room needed to turn around. *Access to open water is another factor that influences prices. If you’re only minutes (half hour) to good fishing-diving, expect to pay more. Also homes on shorter canals will generally have

LOWER KEYS MAIN OVERVIEW For the real Estate buyer or investor, the Lower Keys start at Mile Marker 30 or Big Pine Key (home of the Key Deer, an endangered species, sort of a miniature Virginia White-Tail). Key deer? You’ll immediately become aware of them because of the radically lowered speed limit the minute you cross from Bahia Honda and Spanish Harbor Keys onto Big Pine Key, imposed to make sure you don’t run one over. Humor aside, you really have entered a different world once you cross over that huge seven mile gap of ocean from busy Marathon and the rest of the upper and middle Keys on the famous 7-Mile Bridge. You have arrived in a world that is more laid back, slower-paced, more isolated in most ways, and geographically shaped differently. • Until now you’ve been driving along the mostly northeast-to-southwest spine of each narrow Key, ocean to your left, Florida Bay or the Gulf of Mexico to your right, with neither body of water more than a few hundred feet away (or muc

Orlando and Orange County Employment Orange County has employment opportunities in a wide range of industries. As new businesses continue to move into the area and existing businesses grow, employment will continue to be on the rise. Orange County has an educated and motivated workforce traditionally functioning in a non-union work environment. The greatest area for potential employment lies in the services industry, which represents approximately 40 percent of all employment. Within the services area, the tourism sector is particularly promising. Two of the three biggest employers comprise theme parks and hotels: the Walt Disney World Resort and Universal Orlando. Health care and retail (stores) also are major employers within the services sector. In addition, several corporate headquarters are located throughout the region. They include Siemens Westinghouse, American Automobile Association, Dixon Ticonderoga, Darden Restaurants, Hilton and Tupperware International. Above from site at

Orlando and Orange County Investment opportunities Aside from commercial investments the two situations most people are looking for in Florida are: • Vacation homes/2nd homes, both single family or Condos that can be rented out. • Generally a purchase involves a 1031 tax exchange or just someone looking for a second home in an area that he/she or the family will use occasionally. • A home to eventually retire to and rent in the meantime to help pay mortgage costs. Due to the incredible growth in tourism and people relocating to Orlando, Kissimmee, Sanford and Winter Park, investments ( both commercial and 2nd family home rental) in these communities should be a strong consideration. As to Orange County-where would the best rentals probably be located? The following is a partial list. • · Orlando, near theme parks. • · Orlando-historic downtown area. • · Homes and Condos on the lakes, golf courses (all locations) • · Sanford, historic downtown area.