When searching for a new luxury home, one of the most important considerations is the location and type of home that suits your lifestyle. If you want a vibrant and convenient lifestyle in Florida, condominium living may be your ideal option. Florida has been a preferred destination for retirees and families and offers a range of benefits to its residents. In this article, we will explore the benefits of owning luxury beach condos in Florida and why it may be the perfect choice for your next home.
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5 Benefits of Luxury Beach Condos
1. It's Right on the Beach
Fort Myers Beach is home to some of the most stunning beaches, and owning a beach condo in Florida allows you to live in a beautiful location with gorgeous views. Beaches like Fort Myers Beach, Lovers Key State Park, and Bowditch Point Park offer wide sandy shorelines, warm waters, gentle waves, and lush beachfront properties. Make sure to check each beach for its hours and availability.
Imagine waking up every morning to a breathtaking ocean view or watching a stunning sunset from your balcony at Grandview at Bay Beach every evening. It's not only a gorgeous sight to behold, but it's also good for your mental health. According to a study by Michigan State University, people who lived in places with an ocean view reported less psychological distress.
2. It's Always Warm and Sunny
Fort Myers Beach is located in the southwestern part of Florida and is known for its tropical climate, characterized by warm temperatures and high humidity most of the year. The warm and sunny weather allows residents to enjoy outdoor activities throughout the year, like walking on the beach, golfing, swimming, boating, and fishing. This appeals to retirees or vacationers who want a warm and sunny climate to spend their leisure time. You no longer have to worry about harsh winters or shoveling snow.
3. Lush Amenities
One of the biggest advantages of luxury beach condos in Florida is the amenities. Condos in Florida come equipped with impressive amenities such as swimming pools, fitness centers, and entertainment areas designed to enhance residents' quality of life.
Grandview at Bay Beach offers top-of-the-line amenities designed to enhance your health and wellness and connect you with the natural environment. The facilities include a yoga studio, club room, fitness center, resort-style pool, spa, and four lighted tennis courts. These amenities allow residents to engage in recreational activities without leaving the comfort of their homes.
In addition, 24-hour security and on-site maintenance personnel provide a sense of safety and security, which is particularly important if you love to travel or spend extended periods away from your condo.
4. It Can Be a Lucrative Investment
Luxury beach condos in Florida have historically proven to be a solid investment. The real estate market in Florida continues to thrive, and owning a luxury condo on the beach can provide a significant return on investment over time.
If you decide not to live in your luxury beach condo full-time, you can rent it out and generate a steady stream of rental income. Florida is a popular tourist destination, which makes renting out your luxury beach condo an attractive investment option.
5. You Can Save Money Through Tax Deductions
Florida does not have a state income tax, which means that as a condo owner in Fort Myers Beach, you do not have to pay state income tax on your earnings. This can result in significant tax savings. Florida also offers a homestead exemption that can reduce the property tax bill for condo owners who use their condo as their primary residence. The homestead exemption can significantly reduce property taxes by exempting a portion of the property value from taxation.
If you're considering owning a beach condo in Florida, try Grandview at Bay Beach on Fort Myers Beach. We pride ourselves in offering our residents the quality and style they deserve. Contact us today, and let us help you find a place to call home.
