Florida Has Affordable Homes
Florida is well-known for its luxurious retirement communities and waterfront homes, but it is also one of the most affordable states when it comes to home price to income ratio.
According to FloridaRealtors.org., the median sale price on a single-family home in Florida in the third quarter of 2018 was $257,000, 4.9% more than in the third quarter of 2017.
The best areas to look for accessible houses include the Tampa Bay, Daytona Beach area ($160,000), Gainesville ($207,000) and Tampa-St. Petersburg ($209,800), with prices below the national median ($225,700).
According to real estate agent Dania Perry, “While the market is busy, prices remain significantly lower than places like the greater Miami area, Sarasota, Naples and the southeast coast of Florida. Compared with major metro coastal areas, Tampa Bay is clearly one of the most affordable in the U.S.”
2 thoughts on “8 Things You Should Know Before Retiring to Florida”
Which city or town in Florida has the most job opportunities with good salaries?
I relocated from Indiana to SW Florida 2 years ago because of the nicer weather year round, but I have decided to leave the state for many reasons:
1. Summers are HOT and living indoors with AC is a must! People may venture out at night if it’s cool enough.
2. Hurricanes are horrible!
3. Property taxes are outrageous!
4 Home owners and vehicle insurance is extremely high.
5. Healthcare is 10 years behind the North and good luck finding a physician! Also, I work in healthcare and pay is much less in FL.
6. Traffic is terrible and drivers do not obey the laws, especially speeding and blatantly running red lights.
7. People are just plain RUDE!
8. The area is dirty, trash along the roads, etc
9. For those who are older and retired and living in SW Florida, if you are in need of elder care,be prepared to pay heavily for nursing home care in poorly staffed facilities. I suggest that you have family members check on your care often and advocate for you.