5 THINGS TO KNOW BEFORE BUYING A WATERFRONT CONDO
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by divitorealestategroup
- September 20, 2018
- Real Estate
- 0
Finding the perfect second home is easier said than done. Life in South Florida can be spectacular, but making the right decision from the start is critical to enjoying your Florida retreat for years to come. When you want more than palm trees and sunshine, here are five things to prioritize when choosing your second home (WATERFRONT CONDO).
Related: TOP 5 LOCAL FISHING SPOTS TO CATCH THE BIG ONE!
· VIEWS ARE PARAMOUNT. It is essential that you are comfortable with any restrictions on clearing or thinning of trees and buffer requirements, which vary greatly depending on the locality and proximity to the water. You’ll want to maximize your windows on the sides of the home that face the water to take advantage of the views, and also consider using a top quality window that will give you more size and style options.
· ENTERTAINMENT AND ACTIVITIES – Choose an area with a variety of activities so there is no shortage of fun. Living in Palm Beach County gives you quick access to downtown Delray, Clematis in West Palm Beach, Las Olas in Ft. Lauderdale, even South Beach in Miami on occasion.
· BOATING ACCESS: If you don’t have a boat in your backyard, know where the local marina is and how long it takes to get to your favorite fishing hole. The distance from the marina to the inlet can make all the difference in a day of offshore adventure. Get on the water and in the water, quickly.
· VIEW VS. FUN: It’s important to check out the waterways at different times, days, and seasons. Are you able to enjoy the waterfront from your community swimming pool, fitness center or other entertainment amenities? There is no substitute for expert advice. Talk to the neighbors, and ask them about their experiences living on the water.
Related: WHY LIVING ON THE INTRACOASTAL IS TRENDING AMONG BABY BOOMERS?
· INSURANCE: Check out insurance carefully, as there are different types of policies and coverage that are important when purchasing waterfront property. Flood insurance and hazard policies address different things and may be a part of your Homeowner’s Association. Be sure to investigate wind damage to see if additional riders are required.
If this formula sounds great to you, we have a place you should add to your short list. Peninsula on the Intracoastal fits the bill. A waterfront second home is within your reach with 3-Story townhomes from the $300s and expansive Condominiums from the $400s. Remember timing is everything, and waterfront opportunities move faster than the general market. Check this one out before its too late.
