To Floridians, or any coastal resident, living near the water is a luxury; real estate in close proximity to the beach can be pricey, and there are also many other things to consider. Different neighborhoods, different beaches- there's a lot that goes into transferring your inland lifestyle into beach living.
The question is- are you ready for beach living?
If you're fortunate enough to be able to purchase oceanfront real estate, that's just the beginning. Most purchase oceanfront property as a second or third home, but even if it's for everyday use, there's a lot that goes into maintaining an oceanfront home. Constant barrages of salt and sand, the climactic weather, and high-rated insurance are just a few things to think about when budgeting for your oceanfront escape.
Here are some tips to help you prep for beach front living if you've already found it to be financially feasible-
Budget for the monthly costs yourself.
One of the biggest financial mistakes in purchasing an oceanfront escape is that a lot of buyers believe rental or residual income will pay for the maintenance of the home. The truth is, while some properties are successful rentals, others may not be. Some areas just aren't good for vacation rentals. But if you're prepared to budget for the monthly cost, then you're all set no matter what happens.
Assess the need for a property manager.
If you're not using the home year-round, assess the need for a professional, experienced property manager. This individual should be able to help with the maintenance of the home, as well as accept any deliveries or mail, and oversee any rentals that may occur while you're out of town. This individual should be an extension of you- and able to access the home and make decisions when you're not there.
Have a hurricane plan.
Whether you're a full-time resident or a visitor at your property, have a plan in place for approaching hurricanes. Who will put up the shutters? Do you have hurricane windows? Do you have enough supplies, or a generator? And if a strong enough storm is coming, do you have an evacuation plan in place?
Understand that the ground level can be destroyed.
You have insurance, sure, but keep valuable or irreplaceable items above ground. No one wants to lose their belongings in a storm, so take that into consideration when putting together your decor for your new home.
Distance from civilization.
Some beach front homes and oceanside condos are quite a ways away from normalcy; including access to highways, shopping centers, and other modern luxuries. Beach living is a way to escape from the hustle and bustle of the city, and there's no denying that it does just that. But be prepared if you have children, or work commitments, or other things that take you away from your home for extended periods- and factor that in when choosing your community.
There's nothing more relaxing than the swift, ocean breeze and the sounds of the ocean waves hitting the sand. Living at the beach is a way to escape from the rest of the world- as well as invest in a property that works for you, your family, and your future investments.
The Pam & Toni Team specialize in waterfront and luxury properties in and near Boca Raton, FL. With the South Florida lifestyle in mind, the Pam & Toni Team can help you find your dream beachfront home with precision searches and attention to detail.