Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Calling all Floridians...
Old 08-20-2009, 05:30 AM   #1
Recycles dryer sheets
heyduke's Avatar
 
Join Date: Aug 2009
Posts: 348
Calling all Floridians...

Okay my target date to be FIREd is 02-2011 and the DW and I have decided that we will likely retire to Florida primarily because of the price of real estate there. We are looking pretty mush all over the state but really don't know much about florida. We have found interesting condos and houses in Fort Myers, Delray Beach, Deland, Canaveral, Vero Beach etc... but I need to be able to talk with some floridians...

so where do you live in Florida (or have lived) and what can you tell me about taxes, insurance, bad place to live etc... tell via a private message o thru this forum.

Thanks!
__________________

__________________
heyduke is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-20-2009, 08:34 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,035
I have lived in Florida for fourteen years . I lived in Venice ,Fl for six years and on the border of Sarasota for nine years . Take some time and check out the various areas you are thinking about and narrow it down to what you want from a relocation . I enjoy the west coast of Florida especially Venice ,Fl. It has a lot of charm ,nice beaches , reasonable house prices , outdoor restaurants and did I mention loads of charm .It also is midway between Tampa and Fort Myers for airport access .
__________________

__________________
Moemg is offline   Reply With Quote
Old 08-20-2009, 10:17 AM   #3
Recycles dryer sheets
heyduke's Avatar
 
Join Date: Aug 2009
Posts: 348
So moemg - what can you tell me about what part of town you would avoid if you were looking at venice? Now that you ahve been there for six years is there any other places in Florida you would also consider living - if so where?
__________________
heyduke is offline   Reply With Quote
Old 08-20-2009, 01:08 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,035
The only part of Venice I would avoid is South Venice only because they have some water problems . Venice is basically a really low crime area . I like Sarasota but it is more expensive than Venice and much larger . I also really like Lakewood Ranch which is a master planned community which stretches from Manatee county to Sarasota County .It's a little farther from the beaches but a very nice area . My Sister lives in Glen Lakes In Weeki Wachee . The development is very nice but it is pretty isolated there .I also have a friend who lives in The Villages . If you need non stop activity this may be the place for you .I know very little about the east coast of Florida except St. Augustine which is charming . Try city data .com . It will help you narrow your choices .
__________________
Moemg is offline   Reply With Quote
Old 08-20-2009, 04:05 PM   #5
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,455
We moved to Fl in '03, renting in Weston (west broward), then bought in Boca Raton. We are part year residents.

Lifestyle is quite different among the locations you mention. Fl goldcoast is culturally totally different from the rest due mostly to the latin american, turist and high transient population.

For areas in and around Ft Meyers, also Delray and area immediately north - there was quite a lot of building at the real estate peak and much of this property is on fire sale but not necessarily a good deal. Many associations have too many empty units or insolvent owners and don't have enough money to pay for current maintenance. Some towns have a high percentage of new to total housing units - and they may now suffer from some severe property tax and revenue issues as a result.

If at all possible, I'd advise renting for a year. If not possible, at least a road trip. Don't forget to include Tampa / St Pete on your list - I regret not having done so.
__________________
MichaelB is offline   Reply With Quote
Cape Canaveral and Orlando
Old 08-20-2009, 04:10 PM   #6
Confused about dryer sheets
 
Join Date: Aug 2009
Posts: 2
Cape Canaveral and Orlando

I have lived in the Cape Canaveral area for the past 12 years and lived in Orlando about 5 years before that.

If you like the water/outdoors, the best advice I can give is that if you're going to move to Florida, live near the beach, river, etc. I would be hard pressed to give up my short walk to the beach for big city shopping, fancy restaurants, etc. Of course the down side of that is that your homeowners insurance is considerably higher. But buying a place that was built recently with hurricane strengthening measures will help with that.

I like Cape Canaveral because it offers a little of everything. It's a residential beach community vs. a tourist town. There are plenty of quaint local shops and restaurants. The town is small enough so that the government listens to the residents. Orlando is a 45 minute drive away.

One of the biggest things to look out for is how the influx of tourists affect the town. During the holidays and spring break it can get pretty bad trying to get around and going to the store, etc. Also some areas are so anti-tourist that beach access is very limited unless you buy a season pass (New Smyrna).

Let me know if you have any more questions and good luck.
__________________
nachomama is offline   Reply With Quote
Old 08-20-2009, 06:03 PM   #7
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
We live just south of Cape Canaveral and have been here for about 3 years.

The only thing that annoys me is the property tax set up. Taxes are based on when you move here. So if I'm paying 7K and my neighbor with the same house moved here earlier when the houses were cheaper he'll be paying $3800 for the same house. Now if someone moves here today now that prices have dropped and the gold rush is over they could be paying less than $3800 for the same house. Nuts!
__________________
73ss454 is offline   Reply With Quote
Old 08-20-2009, 06:05 PM   #8
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
Oh yeah, if the valuation of your house drops and the government has to charge you less taxes, they have a fix for that too. They just raise the millage rate and the taxes go up anyway.
__________________
73ss454 is offline   Reply With Quote
Old 08-20-2009, 07:35 PM   #9
Recycles dryer sheets
heyduke's Avatar
 
Join Date: Aug 2009
Posts: 348
MichaelB - sO HOW DO YOU LIKE Boca Raton - What are its pors and cons?.

I currently live in central Texas so the Fl goldcoast with its latin american doesn't bother too much... i speak a little spanish too..

You are right about the fire sales in and around Ft Meyers and Delray and north - I hadn't thought about the lack of money for the associations thus less maintenance.
But at the same token the property is on a fire sale and surely can't stay there forever, maybe we can make it thru the lean times and as a reult be living in a house worth twice what we paid for it.
- I like the advise on renting for a year but will liekely just take a road trip as I would like to buy now and possibly rent it out til i am FIREd.

I haven't yet looked at Tampa / St Pete but will.. why do you regret not having done so?

nachomama We have taken a peak at the canaveral area and like it a lot as well... I agree wwe really would like to be able to either walk or ride a bike to the beach whenever we pleased... how new do I need to look at to have most hurricane "features" included?

73ss454 so if we buy now we have cheaper taxes.. sweeet!

more questions than answers...john
__________________
heyduke is offline   Reply With Quote
Old 08-20-2009, 10:09 PM   #10
Thinks s/he gets paid by the post
73ss454's Avatar
 
Join Date: Oct 2004
Location: LaLa Land
Posts: 4,378
You may have lower taxes but the millage rate is also important. Just don't believe the real estate agent when they tell you what the taxes are going to be. You will be reassessed and hit over the head. Make sure you do your DD with the property accessor
so you don't get an unwanted surprise.
__________________
73ss454 is offline   Reply With Quote
Old 08-21-2009, 08:01 AM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,035
I have to agree that the property tax situation is bizarre . Whatever you pay for your house that is what your property taxes are based on . In my neighborhood the taxes vary widely and if you add on to your house or do some improvements that require a permit bingo the property police raise your rates .
__________________
Moemg is offline   Reply With Quote
Old 08-21-2009, 08:17 AM   #12
Full time employment: Posting here.
jambo101's Avatar
 
Join Date: Oct 2007
Location: Montreal
Posts: 940
I'd say take a year or so and rent a place for a couple of months in various locations before you put down the big bucks,there maybe hidden conditions that you dont see on a quick one hour visit to a perspective property examples would be volume of traffic as in some places it can be insane,also heat and humidity can be overwhelming for some,and insurance costs close to the water can be very expensive if you can get it at all.
And dont forget to include the pan handle in your search, lots of nice communities between Tallahassee and Pensacola
__________________
"Second star to the right and straight on till morning"
jambo101 is offline   Reply With Quote
Old 08-21-2009, 12:50 PM   #13
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,455
Well, property tax notices were sent out today in Palm Beach county. Valuations fell, the millage rate increased and most folks will see their taxes increase due to Florida’s crazy property tax sysem, but our tax this year decreased by 15%. It’s still outrageously expensive, but now slightly less so.

Quote:
MichaelB - sO HOW DO YOU LIKE Boca Raton - What are its pors and cons?.
DW chose Boca Raton, and she loves it. For me it resembles a giant assisted living facility. It makes us feel positively adolescent. The parking lots are treacherous.

Quote:
I currently live in central Texas so the Fl goldcoast with its latin american doesn't bother too much... i speak a little spanish too.
I somehow think there are some differences between central Texas and Florida goldcoast that aren’t being considered in your assessment.

Quote:
You are right about the fire sales in and around Ft Meyers and Delray and north - I hadn't thought about the lack of money for the associations thus less maintenance.
But at the same token the property is on a fire sale and surely can't stay there forever, maybe we can make it thru the lean times and as a reult be living in a house worth twice what we paid for it.
- I like the advise on renting for a year but will liekely just take a road trip as I would like to buy now and possibly rent it out til i am FIREd.
It is on fire sale and can stay that way for years. It can even get cheaper. There is absolutely no force on the horizon (or on planet earth) that would make it increase substantially in price anytime soon.

Quote:
I haven't yet looked at Tampa / St Pete but will.. why do you regret not having done so?
I have the impression that the Tampa area has a lower “flakiness factor”. No hard data, though. ymmv
__________________
MichaelB is offline   Reply With Quote
Old 08-21-2009, 01:06 PM   #14
Moderator Emeritus
Rich_by_the_Bay's Avatar
 
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
Quote:
Originally Posted by MichaelB View Post
I have the impression that the Tampa area has a lower “flakiness factor”. No hard data, though. ymmv
Living here, I have that impression, too. It's more or less a working city, not as much a tourist destination as St. Pete or South Floriday, though it has its share.

That's part of the reason we like it - just real life in a tropical climate with an average cost of living. We live in a non-development neighborhood, a residential community with lots of huge oak trees and shade, sidewalks, etc. Lots of nearby beaches without having to live in a resort atmosphere.

All I'd need to make it just about right would be a) kids and g'kids closer by and b) time to escape the steam bath and hurricane angst for a month or two between July and September. I'm working on item "B" and item "A" is mostly out of my control for now.
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.

As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
Rich_by_the_Bay is offline   Reply With Quote
Old 08-21-2009, 01:49 PM   #15
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,035
I also live in a non development neighborhood but if you want instant friends and social life move into a newer development and get a few recipes ready because you will be entertaining a lot .
__________________
Moemg is offline   Reply With Quote
Old 08-22-2009, 05:27 AM   #16
Recycles dryer sheets
heyduke's Avatar
 
Join Date: Aug 2009
Posts: 348
Quote:
Originally Posted by MichaelB View Post

I somehow think there are some differences between central Texas and Florida goldcoast that aren’t being considered in your assessment.
not sure what you are trying to say here... I think that where I live now and where I want to live are very similar can you elaborate...
__________________
heyduke is offline   Reply With Quote
Old 08-22-2009, 08:59 AM   #17
Thinks s/he gets paid by the post
 
Join Date: Nov 2006
Posts: 2,268
I live in DFW and visit Fort Lauderdale and Naples areas of Florida extensively as I have alot of family there. Other than both being hot, the areas are like night and day to me. What similarities do you see?

What are you referring to as Central Texas and the Goldcoast of Florida?
__________________
utrecht is offline   Reply With Quote
Old 08-22-2009, 09:12 AM   #18
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Moemg's Avatar
 
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 10,035
Why would you move to Florida from Texas ? Same heat , higher real estate prices and high property taxes ?
__________________
Moemg is offline   Reply With Quote
Old 08-22-2009, 09:14 AM   #19
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,455
Quote:
Living here, I have that impression, too. It's more or less a working city
This is the key. So much of the population in South Fl views their stay as temporary. The lack of commitment is reflected in the lack of social infrastructure.

Quote:
not sure what you are trying to say here... I think that where I live now and where I want to live are very similar can you elaborate
Anything I say past this point is bound to offend someone, so my recommendation is an extended stay in South Florida so you can judge for yourself.
__________________
MichaelB is offline   Reply With Quote
Old 08-22-2009, 09:26 AM   #20
Moderator Emeritus
Rich_by_the_Bay's Avatar
 
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
Invariably, these discussions quickly reach a point of diminishing returns because they get stuck in a maze of personal preference, over-generalization and all that.

Anyone without an attitude should be able to find a very nice living situation in the climate of their choice. When young, I wrote off Floriday based on my visits to family who retired there (WPB area) - swore I would never live there. Now i live there and enjoy it immensely. Tropical beauty, gorgeous winters and hot but tolerable summers with less traffic; beaches, parks, nature, whatever you want.

If someone thinks all of Texas, all of Florida, all of California - whatever - is not for them, fine. Don't live there. But I wouldn't write off any of the above depending on what was important to you.
__________________

__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.

As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
Rich_by_the_Bay is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Calling the bottom! cute fuzzy bunny FIRE and Money 328 11-19-2008 05:45 PM
There go our South Floridians... W2R Other topics 4 02-26-2008 04:17 PM
Who's calling me? calmloki Other topics 17 07-08-2007 09:39 AM
What are Floridians using to cover their windows? Nords Other topics 8 09-02-2006 01:12 PM

 

 
All times are GMT -6. The time now is 04:42 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.