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Old 03-13-2010, 12:46 PM
 
Location: Toronto
86 posts, read 146,529 times
Reputation: 32

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When looking for a water front property, which area is better?
Price, availability, value etc...
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Old 03-13-2010, 01:17 PM
 
455 posts, read 909,661 times
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Charlotte County. Port Charlotte is the cheapest for navigable salt waterfront-and the neighborhoods show it. Punta Gorda is also reasonable and you have a better chance of finding a nicer neighborhood.
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Old 03-13-2010, 02:22 PM
 
Location: Toronto
86 posts, read 146,529 times
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Quote:
Originally Posted by MrsTommy View Post
Charlotte County. Port Charlotte is the cheapest for navigable salt waterfront-and the neighborhoods show it. Punta Gorda is also reasonable and you have a better chance of finding a nicer neighborhood.
So you are saying PC is cheap but maybe not good value?
I am looking for both with more emphasis on the value part. I think will initially buy a vacation property in the Sarasota area, and then eventually upgrade into a fulltime resident. Therefore, I need something that can be resold easily once I am ready to relocate permanently.
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Old 03-13-2010, 04:49 PM
 
Location: Palm Island and North Port
7,511 posts, read 21,304,428 times
Reputation: 2846
Quote:
Originally Posted by IamCheap View Post
When looking for a water front property, which area is better?
Price, availability, value etc...
The best waterfront is deep water, no bridges, quick access (these three factors are sailboat water), amount of land on the water and the size of the lot. The longer it takes to get to open water the cheaper the property, the more bridges, the cheaper the water and the depth of the water also factors into the price. And of course the neighborhood in general has a bearing on the price.

There's a decent amount of waterfront property available at varying prices.
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Old 03-13-2010, 06:23 PM
 
Location: Punta Gorda and Maryland
6,103 posts, read 14,011,608 times
Reputation: 1241
I bought in PGI, and love it. It is on a canal, 5 minutes to Port Charlotte Harbor by boat, and 40 minutes or so to Boca Grande Pass and the gulf. Fishing is great! Home prices are very good. Value is very good for a canal front home. Resale prices are good, although the prices in PGI have dropped with the last housing bust. Buying now or in the near future while the prices are low, may be a good move, when the price increases pick up again. They aren't building more waterfront, so the properties will hold thier value more.

If you have any specific questions feel free to DM me. I'd be glad to help!
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Old 03-14-2010, 08:44 AM
 
Location: Toronto
86 posts, read 146,529 times
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Thanks SFG and BH, I have been a fan of your posts on this forum. SFG's website provides tons of info, and BH's thread detailing your journey to find your property is very helpful.
I am going to be in the area during the third week of April. I would like to check out properties in these areas.
My vacation property budget is around 300K give or take 50K, so I believe that would put me firmly in waterfront condo territory (unless I got lucky on one of those amazing short sales).
I will DM both of you for assistance and advices in my property search.
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Old 03-14-2010, 04:29 PM
 
Location: Port Charlotte, FL
301 posts, read 1,071,806 times
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Quote:
Originally Posted by IamCheap View Post
Thanks SFG and BH, I have been a fan of your posts on this forum. SFG's website provides tons of info, and BH's thread detailing your journey to find your property is very helpful.
I am going to be in the area during the third week of April. I would like to check out properties in these areas.
My vacation property budget is around 300K give or take 50K, so I believe that would put me firmly in waterfront condo territory (unless I got lucky on one of those amazing short sales).
I will DM both of you for assistance and advices in my property search.
$300k will get you a decent 3/2/2 home on the water in any of the areas you are looking, or a very nice condo if you prefer.
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Old 03-15-2010, 10:17 AM
 
Location: Toronto
86 posts, read 146,529 times
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Quote:
Originally Posted by jvelte View Post
$300k will get you a decent 3/2/2 home on the water in any of the areas you are looking, or a very nice condo if you prefer.
Hmm, 300K for a waterfront house, are we talking older (pre 1995) homes?
I am looking for something that does not cost a ton to insure...I don't mine a nice condo for a vacation home, but I must have a house when it become my primary resident.

Another question for you all:

Where should I stay during my week in Sarasota in April? I am looking for something with the following:
- Walking distance to beach
- Walking distance to great restaurants and shops ( some thing for my wife and daughter to do, because I do have to check in with work occasionally )
- Not too far from the locations that I want view potential properties.
- Fit in my 1500/wk accommodation budget.

Also please recommend things to do and sites to see, as I really want to impress my wife with area.

Thanks for your help.
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Old 03-15-2010, 11:14 AM
 
Location: Punta Gorda and Maryland
6,103 posts, read 14,011,608 times
Reputation: 1241
Quote:
Originally Posted by IamCheap View Post
Hmm, 300K for a waterfront house, are we talking older (pre 1995) homes?
I am looking for something that does not cost a ton to insure...I don't mine a nice condo for a vacation home, but I must have a house when it become my primary resident.

Another question for you all:

Where should I stay during my week in Sarasota in April? I am looking for something with the following:
- Walking distance to beach
- Walking distance to great restaurants and shops ( some thing for my wife and daughter to do, because I do have to check in with work occasionally )
- Not too far from the locations that I want view potential properties.
- Fit in my 1500/wk accommodation budget.

Also please recommend things to do and sites to see, as I really want to impress my wife with area.

Thanks for your help.
The homes in PGI are very updated, and maintained. You can find a nice canal front home 3/2 with a pool and a boat lift in that range. Most are block, and that really doesn't age, most have new roofs, Hurricane Charlie helped with that. My home owners insurance is about 2k, and my flood insurance is about 2K.

You probably do want to DM me, because I really did a lot of work and can probably save you a ton of time, expense and travel, with all I have learned. I live in the Isles and love it! I'd be happy to help. Punta Gorda has a lot of great history as well. It is a very interesting town. I would be happy to fill you in on that, and IAMCHEAP2. It might only cost you a beer!
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Old 03-15-2010, 12:16 PM
 
Location: sittin happy in the sun :-)
3,637 posts, read 6,462,247 times
Reputation: 1848
a beer ???? a as in one ??? no chance -best buy a brewery :-)
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