Your life is changing.
After years of following your two daughters around to their activities, you and your wife are well into your role as empty nesters. As your oldest daughter finishes up grad school, she already has a job lined up and is anxious to start her new career. Your youngest daughter is a semester away from completing her undergraduate degree and has been promised a job with the company where she completed her latest internship. She plans to work a few years before going back to take any more classes.
With a house that is paid in full you and your wife are looking at ways to spend more time doing what you like the most: cooking together, taking long walks on the beach, and golfing first thing in the morning. The last two items on your list, however, are not easy to do at your current home. You are hours from a beach and the weather many times of the year closes down the golf courses. As a result, you are looking at Florida investment properties. You are trying to make the decision between buying a second home where you can live half of the year and buying one of the waterfront homes for sale and renting it out part of the time.
Florida Investment Properties Provide Buyers with a Number of Options
From luxury homes to small bungalows, there are a number of options that are available to investors who want to purchase property in the state of Florida. Beach real estate has always been a popular investment and it also a great way to make sure that your family has a vacation spot to return to again and again. Consider some of these facts and figures about the state of Florida and the impact that beach property has on its economy:
- 21.31 million is the total population of Florida.
- Florida’s population grows by almost 1,000 people every day.
- Florida attracts more than 100 million visitors every year.
- 42% of vacation home buyers plan on using their property as a family retreat or for vacations.
- 36% of vacation buyers purchased property in a beach area.
- If growth continues at the current rate, by the time that the next Census is undertaken in 2020, the population will exceed 22 million and Florida’s population could potentially surpass 26 million by the year 2030.
If you are an empty nester, the state of Florida might be the ideal location for you to make an investment purchase. In fact, Florida investment properties are places where you can spend hours walking along the beach and mornings out on the golf course.