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Old 09-07-2011, 05:32 PM
 
18 posts, read 34,233 times
Reputation: 14

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Hi
We are looking to buy a condo in FL and pay it off over the next few years until we can actually retire. So far we've looked in Venice, FL and Punta Gorda. We are not exactly sure where the "nice" areas are in each of these towns. Wondering if anyone can recommend areas according to the zip code in each section.
We are looking at spending up to $75,000 for a 2 bedroom condo and being close to the beach would be nice as well. Other than that we want a place where we will be safe as well as our children when they come to visit. Having bus stops and grocery stores etc. nearby would be something we'd be looking at as well.
Any information you can pass along to us would be greatly appreciated.
Can anyone recommend a real estate agent that deals in these two towns.
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Old 09-08-2011, 07:22 AM
 
Location: Boca Raton, FL
100 posts, read 279,978 times
Reputation: 134
$75k ain't gonna buy u much.
no offense, but if you're looking for "nice" i recommend u shell out at least $175k. At least.

whats ur idea of nice? 4 walls and a roof? cuz thats what $75k will get u....



Naples, which is on the west coast of florida is very nice, Punta Gorda and Venice are OK, but really not a lot to do. Besides some random shopping plazas theres really not a whole lot there.
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Old 09-08-2011, 08:01 AM
 
Location: Toronto, Ottawa Valley & Dunedin FL
1,409 posts, read 2,346,781 times
Reputation: 1154
Hopefully you'll do your research and visit the areas you're interested in, and then narrow down your search.

We found a nice place in this range in Dunedin, which is further north of where you're looking. a 55+ community, and not on the beach. We are walking distance to the village (charming), and about a 20 minute drive to the beach.

But we started by visiting several towns personally and deciding on which one we liked, with a competent real estate agent, looking at a number of types of units to get a feel for prices and quality. Then visited again, looking at a a dozen units that satisfied our criteria. Made an offer the next day.

I also did a great amount of research online, and we had a short list of places to see when we visited again. We're very happy with our choice, so far.

Good luck with your search.
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Old 09-08-2011, 11:39 AM
 
Location: Imaginary Figment
11,456 posts, read 12,700,759 times
Reputation: 4759
Define nice. There are plenty of condos to be had, not far from the beach here for 75k no problem. If they fit your wants and needs are something else altogether.
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Old 09-08-2011, 01:20 PM
 
Location: Blue Ridge Mntns., NC
10,767 posts, read 15,037,473 times
Reputation: 9544
Quote:
Originally Posted by martymonty View Post
Hi
We are looking to buy a condo in FL and pay it off over the next few years until we can actually retire. So far we've looked in Venice, FL and Punta Gorda. We are not exactly sure where the "nice" areas are in each of these towns. Wondering if anyone can recommend areas according to the zip code in each section.
We are looking at spending up to $75,000 for a 2 bedroom condo and being close to the beach would be nice as well. Other than that we want a place where we will be safe as well as our children when they come to visit. Having bus stops and grocery stores etc. nearby would be something we'd be looking at as well.
Any information you can pass along to us would be greatly appreciated.
Can anyone recommend a real estate agent that deals in these two towns.

MartyMonty: With some diligent searching, you might be able to find something suitable for mid-$70's, possibly a short sale or a foreclosure. More likely though, you are looking at mid $80's to low $100's in the Charlotte County area. Venice is doable in the high $90's low $100's, but you won't get the sq. ftg. of more than maybe 950 sq. ft for a 2 bedroom. There are some very nice condos from $85,000 and up in Charlotte County depending on your bottom line which should include adding in HOA fees, taxes, and insurance. If you don't mind paying CDD fees, you could get something newer in Charlotte County over at Heritage Lakes which is a lovely complex. FL has a homestead exemption if you are going to live in th property, and that will lower your real estate taxes. But CDD fees pay for the bond that the developer arranged when the property(ies) were built to cover amenities such as tennis courts, onsite gyms, multiple swimming pools possibly, and so forth. So ask about CDD fees when you are looking because they are permanent fees tacked onto your property tax bill and can make a difference. However, I found that if a development has CDD fees, the asking prices are lower.

If you want to send me another direct message, I can give you the name of a good agent here in Charlotte County which encompasses Punta Gorda and another excellent agent in Sarasota County.
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