BUYING WATERFRONT PROPERTY

Buying waterfront property can be an exciting and rewarding venture. There are many points to look for when doing so to consider. Number one is location, you must research different areas in the city that you desire that may best suit your needs in terms of amenities, proximity to services and lifestyle preference. The water access is another important point, if you are looking for freshwater or saltwater may determine where you want to travel to enjoy what type of activity you desire, such as wakeboarding, jet ski, swimming, fishing or just boating to enjoy the view. Also be aware of any height of bridges that may impact your route of travel.

To accommodate your watercraft the dock and boat access needs to be in compliance with the draft of the boat, fresh water, electric, consider the boat lift weight and if any restrictions or permits needed for modifications to existing dock. Environmental considerations is very important that may apply such as protected or endangered species.

Resale value is important to consider. Waterfront properties often retain their value well, market conditions and location-specific factors can impact this. Click on link to learn more about buying waterfront homes /BUYING-WATERFRONT-HOMES---32819---32836---Dr-Phillips-6-18828.html

PROPERTY TYPE

Decide if you may like a single family home, condo or vacant land to build your dream waterfront residence. You must understand the regulations and zoning restrictions specific to waterfront properties in the area. Ensure you assess the condition of the property, including the structure, foundation, seawall and any existing protection against water damage. You must hire a qualified home inspector familiar with waterfront properties to evaluate potential issues. 

Flood insurance and elevation must be researched by a qualified company to determine if you are in an actual flood zone. Most importantly consider the elevation of the property to ensure it is not susceptible to frequent flooding or storm surge.

Homeowners Association and restrictions are generally in place which can be subject to rules and regulations to support your lifestyle and intended use of property. Utilities and infrastructure is most important to research electricity, water, sewer along with internet services and any additional cost associated with maintaining waterfront infrastructure. Seek a trusted advisor to guide you through this process.

TRUSTED ADVISOR

As a trusted advisor, professional realtor and retired military veteran I am here to serve you in the Dr. Phillips and Central Florida area to purchase or for the sale of your home. In the absence of trustworthy information whether it is a housing crises or local housing market, real estate decisions are increasingly being driven by fear, uncertainty and doubt. We as trusted advisors drive the real estate community to ensure you are making the right decision.

Part of my job is to keep you informed and educated about the local housing market trends, pricing inventory level, buying information on the buying and selling process to include common terms and videos. It is important to keep up to date on the market trends, don't get confused with the media, they talk national level, I can provide the most up to date local area data.

So don't let this shifting housing market delay your dreams, data reveals home values typically appreciate over time and that gives your net worth a nice boost. When you are looking for a home, look for your realtor with the heart of a teacher. If you are ready to start your journey, contact me today at 850 496-6412 to begin a new walk to homeownership and all of your real estate needs.