Owning a Beach Home: Pros & Cons

I’ve helped clients buy and sell homes on some of Florida’s most beautiful barrier islands. While it should be a dream, it could be a nightmare if you don’t know what you’re getting into. For those interested in owning a beach home, here are some pros and cons you should consider. Before you see the list, I can tell you that the ‘cons’ are all manageable — and I can help you navigate them.

Pros:

  1. Easy and unlimited access to a beautiful beach location for vacations or weekend getaways.

  2. The potential for rental income when you’re not using the property.

  3. The opportunity for priceless relaxation and stress relief.

  4. Possibility of appreciation in property value over time.

  5. Enjoyment of water sports such as swimming, surfing, and boating.

  6. The ability to host family and friends for gatherings and events. Save money on hotels!

Cons:

  1. The high cost being a barrier to entry.

  2. The risk of damage from natural disasters such as hurricanes or flooding.

  3. The upkeep and maintenance due to the effects of saltwater and sand.

  4. Difficulty in finding and coordinating trustworthy property management when not in use.

  5. The potential for high property taxes and insurance costs.

So, what do you think? Is a beach home in your future portfolio? Reach out to me today to discuss.

Dom Quaglia 321-704-9362

dom@waterfrontbrevard.com

Dominic Quaglia