The Most Beautiful Homes In Florida

We’ve all done it. You know, ask the question, if I won the powerball, what would I do? Some people would want to buy their favourite football team; in Florida we have 3 (Jacksonville Jaguars, Miami Dolphins and Tampa Bay Buccaneers). Others would splash out on a luxury sports car, with all the gadgets. And most, most would go for that dream home on the Miami waterfront.

In fact, a lot of people who live outside of Miami would go for a dream home on the waterfront, after all, it is one of the most beautiful places in the country and the homes are stunning.

We asked ourselves a question, what would be the dream homes on the Florida waterfront today that if we were to win the powerball we would want to buy. Here is our list of four great luxury homes.

Palm Beach, Florida

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Square Footage: 12,747
Bedrooms & Bathrooms: 6 bedrooms & 10 bathrooms
Price: $42,000,000
With 6 bedrooms and 10 bathrooms, this contemporary style, newly built oceanfront mansion is located in the beautiful and exclusive Ocean Drive, Palm Beach, FL.

With 12,747 square feet of living space with 6 bedrooms, 7 full and 3 half bathrooms, foyer with staircase, formal living & dining rooms, gourmet kitchen, breakfast room, family room, home office with wet bar, garage and more you are getting a lot of space and a lot of rooms for your $42 million dollars; money well spent if you were to ask us!

With balconies, fire pits (great for barbecue or out side winter parties) and 2 swimming pools, you get privacy and fun in a great Miami based location!

Lantana, Florida

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Location: Lantana, FL
Square Footage: 16,609
Price: $38,500,000

With 7 bedrooms and 13 bathrooms, another newly built oceanfront mansion located in Lantana, Florida makes our list of the most beautiful properties to choose from, if we won the powerball.

At approximately 16,609 square feet of living space with a 2-story foyer with staircase, formal living & dining rooms, great room, gourmet kitchen with double islands, breakfast room, family room, home office, billiards room/lounge with wet bar, garage and more how could you not think that this $35 million dollar home is worth every single penny?
Oh, by the way, did we mention, this property has a motor court, loggias, patios, an outside kitchen/BBQ and 2 swimming pools.

Highland Beach, Florida

Mansion_Florida

Square Footage: 23,000
Price: $31,900,000
With 8 bedrooms, 13 bathrooms, a porte-cochere motor court, balconies, swimming pool with spa and a cabana, this newly built mansion overlooking the ocean is situated on almost 2 acres of land with 150 feet of beachfront in the beautiful location of Highland Beach.

Designed by Madey Architects and built by Mark Timothy Luxury Homes, it features 10 full and 3 half bathrooms, 2-story foyer with staircase, elevator, 2-story great room, formal dining room, gourmet kitchen, breakfast room, family room, 2-story library/home office, billiards room with wet bar, 6-car garage and more. Seriously, win the powerball now, buy this home as your priority to do; at $31,900,000 it is cheaper than the other homes and features a porte-cochere motor court which we’re sure means; godly car area.

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How Long Does It Take To Sell A House In Florida?

There comes a time when everyone dreams of moving home. For some, it can be a reality that life circumstances can make less of a dream and more of a reality, for others, it could be that you want to move for quality of life or wanting to be closer to friends or family.

Whatever the reasons for wanting to sell your house, you need to consider something that you may not have thought about; how long will it take to sell my home?

As we are Florida based we wanted to analyse a few statistics that have come out recently to help answer a question we are asked a lot; how long does it take to sell a house in Florida?

According to recent economic statistics and home sellers forums; the median number of days is 65 with some areas, like Fort Lauderdale and Miami Dade being less at approximately 57 and 59 respectively.

So, what are the things that can slow down selling your house fast, and what can you do to remedy the problem?

Location; Sometimes, there is very little you could about location. You may be in an area that is difficult to sell, it could be that you’re in a popular zone. Whether that is schooling to public safety, your location will have an influence on how fast your home sells.
Price; Ever wondered about how to price your home? Too expensive and you have fewer potential buyers, too cheap, and you may be giving your house away.
Schools; As we discussed, schools are a key factor, not only for families looking to place their children in great school districts, but also for those looking to live in a quiet, well kept area which school districts tend to be.
Season; Ever considered when it is you’re selling your home? If you think about that 65 day average, start selling your home end of spring, beginning of summer to ensure that the warm, sunny season brings out the best of your home features rather than colder, darker, winter months.

Florida Summer House

What are the key factors for selling your home fast, and reducing the time needed for those looking to start a new life or plan that trip of a lifetime. Here are our tips;

Get the price right; You want to find that perfect balance between finding enough buyers that can afford your property, but not price your home too low to make sure that you aren’t underselling the total value of your house. Do some market research for your area and ask around realtors to see what price range they think would be the optimal selling price for the area.
Repair any damage; One of the things that puts buyers off the most is having to do a lot of maintenance work should they buy your house. Make sure that all essential, and visible damage to the interior or exterior is taken care of. New windows aren’t a must, but burnt carpets, broken kitchens, and loose porch tiles can certainly put off potential buyers.
De-cluttering; Give your house a good de-clutter. Take away big items and things that obstruct a home viewers experience in your house to make your home look light, bright and airy!

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Why Investors Are Looking At The Florida Housing Market

If you were to look at the great state of Florida you will notice the following things:

  • Lots of sunshine… like loads of it. On average the state gets 80% sunshine throughout the year!
  • National parks! Ever heard of the Everglades?
  • Beaches, 663 miles of them to be precise
  • Art Deco, some call it the birthplace, others, well, don’t listen to them.
  • And so on…

Yes, the state of Florida has some amazing things, and by some, we mean loads of amazing things but is that the reason why investors are shifting their interests into the great state of Florida or is there something else going on? We’ve decided to take a look at some of the hotspots and show you why Florida is becoming a great investment opportunity in the Florida housing market.

From Broward County to Miami Dade there are a variety of opportunities that have made the market an investor’s paradise, especially when it comes to diversifying their market portfolio.

Strong Rental Market
Since renting started, Florida has managed to capture the essence of short term and long term rents. Seasonal migration means that you can have your property rented for at least 6 months of the year, or even establish longer contracts where the occupancy is still only the same amount of time.

With median rental prices at $1700 per calendar month, investors can see a 10% return on their property portfolio.

Location, Location, Location
OK, so if it isn’t clear from our introduction, let it be clearer now. You are in the state of Florida. Yes, in every state there are areas which appeal more than others, but in Florida, you have a smorgasbord of properties to choose from.

fort lauderdale perfect for investment
Beach front locations, suburban streets, winter bird migration hot spots and so on. It’s not uncommon to see people camping on the lawns of homeowners trying to sell their homes for $1 million dollars; why? The area is that attractive. Simple.

Diversify your assets
With the current low mortgage rates, the ability to generate an income for your property, considering your savings would bring in close to zero interest if they stayed on a bank account, makes real estate investments pretty attractive those days. Once again, just make sure you can afford the mortgage without compromising other areas of your budget, and have an emergency fund ready if the property needs more repairs than you thought, or if the tax bill increases this year.

You can grab a bargain
Miami is a bargain centre for investors right now; both the market crash in 2009 combined with a little more fiscal prudency has meant that the housing market has become a great opportunity to grab a great housing bargain. But, you want to get there quick, some areas are massively on the up and what is today’s bargain is tomorrow’s dream home.

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How Much Will Your House Cost To Fix?

Have you ever considered the real cost of fixing your house? From the roof to the kitchen, undergoing a massive renovation package to the whole house can end up costing you 000’s and yes that may be something you never considered.

Our investigation into the cost of fixing your home has shown that there are some very expensive fixes which you can’t avoid, especially if you’re looking to sell your house fast. Let’s take a look at some of the more eye watering costs that you could expect if you are looking to sell your home in this market.

The average cost of a kitchen remodel can set you back as much as $49,000. With the average cost of a kitchen remodel at just over $20,000 you may want to think of other more cost effective solutions. Replacing doors and countertops may help with the quality of your overall look and finish but even this can set you back $10,000 with contractor figures factored into the work.

Another cost that people may not consider is the garden! Well, the saying, never judge a book by it’s cover couldn’t be further from the truth with a home. Your garden is a statement and also a security issue. Want a white picket fence to show off, or a rear garden fence line from your neighbours? Your looking at a national average of $2500 just for a replacement fence.

Our investigation into the costs of fixing a home have shown though that some things can’t be avoided. Windows for example are a great way to maximise your return on investment. An average total house replacement for a two up and two down home will set you back just over $4000, however on resale you can make as much as $6000 back, so a total profit of $2000.

Check out our infographic and see how much it would cost to fix your house today, if you were looking to sell it fast!

How Much Will Your House Cost To Fix

 

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How to protect your home from Zika

Residents of Florida will know by now that there are two major things happening in the news, Zika and Zika. Yes, we can’t escape the fact that Zika is playing a role in our day to day lives, especially in the news cycle that wants to keep reminding us, beware of Zika.

So, as a Florida resident, living in your home, what do you need to know about Zika and what do you need to know when it comes to selling your house fast in a Zika area?

Our in house expert, John Russo, has some tips and advice for those looking to sell their home fast with all the news of Zika in the press. We then take a quick look at what the CDC suggests when it comes to protecting you, your family and your home from the mosquito transmitted disease.

OK, John, over to you, what do you advise…

Treat it like its environmental
Florida has seen tornados, alligators, massive lizards and a plethora of environmental issues over the years; guess what it doesn’t stop a housing market in its tracks. Obviously, the prospect of getting bitten by mosquitos is higher, and therefore the chance of catching Zika is equally higher.

Yes, we’re not dealing with alligators or crocodiles and mosquitoes are harder to spot than a reptile rushing out of the swamp, however the Governor and his team are investing a lot of money and time into tackling the zika virus. Therefore, you need to treat this like an environmental risk and one which could in the short term affect house prices, but in the long term, it will completely depend on the measures taken now. As much as you can’t predict when and where a hurricane will land, think of the Zika virus in this way.

Zika and the environment

Don’t panic
It’s easier to say than do, but the second tip I have is to not panic. As you will see, we’ve found some great information on things to do with regards to protecting yourself against the Zika virus. When it comes to the housing market, reports of “sales dropping by 50%” or “house values 30% lower” are completely a micro overreaction to a situation.

If you are looking to sell your house fast, then Zika outbreaks won’t affect your house price more than what you think it actually will. My advice, don’t panic and don’t be swayed by media reports providing one sided views of a situation.

So, what do we advise to help you around the house and know about the virus. We’ve done a bit of research and here are some tips;

1) Remove standing water around the house
A mosquito can breed in just one teaspoon of water, so you need to think about things around the home that can provide the basis of any standing water. Rinse out any cups you use for your toothbrush, flower pots, bottles and accumulating garbage.

Have a pool? Don’t worry, the chlorine used to treat your pool repels mosquitos.

2) Exercise indoors
Mosquitos are attracted to carbon dioxide and heat, both of which, your body makes in bountiful quantities. So, if you’re looking to get fit and healthy, the CDC advises getting some exercise inside the home rather than breaking a sweat in the outdoors to minimise risk of Zika.

homeworkout

3) Get the right mosquito repellent
As Reader’s Digest advised earlier this year, “The Centers for Disease Control (CDC) recommends products with active ingredients DEET, oil of lemon eucalyptus, picaridin, or IR 3535.”

“DEET is the standard,” Mustapha Debboun, PhD, director of the mosquito control division of Harris County Public Health and Environmental Services in Houston, told NPR. “All the repellents being tested are tested to see if they beat DEET.”

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