You’re on holiday in Fortification Myers (or Naples or Cape Coral or Sanibel) and you adore Free airline Florida. You know you’ll get back to explore all the things you did not see the first time and to take another look at your favorite spots. You and your partner are paying $325 per night for your 350 sq foot room and the couple you are traveling with is paying the same ($4550 per couple for a two week stay).
While on the beach or the world of golf, you strike up talks with several people and you learn that they live “up north” (undoubtedly you meet Minnesotans and Michiganders), they Sceneca Residence Condo visit 2 or 3 times every year, and they own vacation condo rentals in your neighborhood.
The 3 R’s
So you talk it over and decide to start exploring the idea of purchasing a vacation residence in Free airline Florida. Why not, after all, combine the best of all industrys: Rest, Recreation, and Return? Why give the money to someone else when you could be helping yourself with an investment and grow vacationing in the comfort of your home? And how about that difference in space and convenience? A two bedroom, two bath residence with a full kitchen, lanai, and great view is quite a bit more comfortable than the usual tiny hotel room with a 2 cup coffee brewer. It makes sense, you think you’re quite brilliant, and that means you dive into the search.
It sounds simple at first, but sad to say you soon discover there are so many factors involved. Buying a vacation condo–even for experienced buyers–can be a bit overwhelming at first. What location is best? Beach? Golf? Doing water activities? What features are most important to you? Think about condo fees and policies? Can you book the residence when you are not deploying it? Can you bring Sparky the household dog?
Location, Amenities, View, and Price
The first step is determining which sort of view and location is the priority for you. You can always drive to the beach or a world of golf or a marina or boat ramp or shopping mall or amusement park. If your priority is beach, sunsets, and expansive water views you’ll be in the family of beach residence buyer. You of course still go doing water activities or playing, it’s just that the boat is not in your backyard or the world of golf is not in your yard. Likewise, an advanced passionate boater or fisherman, but just a casual individual, your priority is a waterfront property on a canal or in a community with marina facilities.
To keep it simple, let’s generalize three varieties of condo properties:
Planned gated communities: There are many gated communities that offer a wonderful blend of all the amenities many residence consumers are looking for: golf, tennis, clubhouse, fitness rooms, walking pistes, etcetera. These communities are a mixture of single-family homes, villas, and condo rentals. Some also have marinas, boat storage, and on-premise restaurants. In this category, properties on the waterfront will have views of the Caloosahatchee River, Charlotte Have, or a large lake-like offshore container.
High-rises: In Free airline Florida, the majority of high-rise residence systems are only in town center Fortification Myers along the Caloosahatchee River and on the shorelines of the Gulf of mexico (Fort Myers Beach, Bonita Beach, Naples). Additionally, some gated communities have high rises among other property types. Examples are Tarpon Point and Cape Harbour in Cape Coral, Beach Harbour and Mastique in Fortification Myers, and Burned Store Marina on the Charlotte Harbour.
Smaller residence processes: Smaller processes, say 8 to 100 total houses and 3-5 stories high, are available in centrally-located areas such as central Fortification Myers, along the waterfront (canals, the Caloosahatchee River, and the Beach of Mexico) and are common on Sanibel and Captiva countries. There are also small waterfront processes on canal systems, often with boat docks for use by residents or their tenants. On the shorelines, there are corporate-owned condo-hotels and small owner-association managed condo-hotels.
Price is of course a key consideration and will play one factor in the location, view, and amenity options from which you have to choose. There are comfortable options in the $200, 000 — $400, 000 range. The majority of options are in the $400, 000 — $600, 000 range. Luxury condo rentals range from $700, 000 to $4 million, plus.
Doing water activities & The Gulf of mexico
For boaters there are several considerations depending on doing water activities and water access. Planned, gated communities with marinas offer slipping for rent or for sale, often both wet and dry (rack storage) slipping. Rental rates average $12 per foot, per month.
Residence processes situated on waterways have dock space available one of three ways: deeded, where the dock space is legally attached to the residence unit, issued space (assigned to the unit), and common space (space is not issued or deeded to any units). The ideal scenario for convenience of the proprietor and future value is a deeded dock. But common dock space is okay too, and rarely are these docks full, which means that dock space any time of the year is not likely be an issue for the residents of the complex.