Between the copious amounts of sunshine, the miles and miles of beaches and no state income tax, there are no shortage of reasons to live in Florida.
Florida’s total surface area is 65,755 square miles and 21.31 million people occupy the space that is the Sunshine State. Florida attracts more than 100 million visitors and Florida’s population grows by almost 1,000 people every single day. If that trend continues, Florida’s population could grow to as much as 26 million by 2030.
In spring 2017, approximately 9.26 million Americans said they own a second home. In addition, 42 percent of vacation home buyers plan on using their property for vacations or as a family retreat. What’s more, 36 percent of vacation buyers purchased property in a beach area.
For those wanting to move to Florida, beachfront property is a big reason. From condos to beach homes to beach houses to luxury oceanfront homes, there’s no shortage of options.
One option that is becoming more popular is the Riva condos of Fort Lauderdale. Riva includes only 100 residencies and construction on them was completed in 2016. As of last year, the desposit requirement for Riva condos had dropped.
Riva condos for sale Fort Lauderdale are located very close to the heart of Fort Lauderdale and are spacious. They include two and three bedroom residences, penthouses and lofts.
Other features of the Riva condos include:
- Garage parking
- Private boat slips
- A recreation dock
- River’s Edge 65-foot Lap Pool
- Club rooms and a cocktail lounge and a private party room with indoor and outdoor seating
- Italian cabinetry, premium appliances and stone counters in the kitchens
A full list of the features of the Riva condos can be found here
Riva condos for sale Fort Lauderdale range from about $740,000 on the low end to nearly $2 million on the high end. As luxurious as Riva condos are, it’s important to think carefully when it comes to buying a condo. To that end, here are four things to consider when buying a condo:
- A good fit: Buying a condo and buying a family residence are different sides of a coin. With a condo, you may have multiple neighbors rather than the privacy you might be seeking.
- Know what you’re getting: Buying a condo is a big purchase and to that end, you should know exactly what you’re paying for. Do you have an assigned parking spot? Can you get additional parking? Does your agent have experience selling condos? There are all important questions to ask to really get a feel for what you’re buying.
- What are the Association Fees: In many condo communities, residents are required to pay some sort of annual fee to cover expenses and maintenance among other things. Since you’re paying into the pool, it’s important to know what the money is used for, how the fees are divided and if they cover major repairs, should they be needed.
- What do the fees include: Association fees typically cover condo insurance and maintenance, but they may also go toward lawn maintenance, landscaping, trash pickup or heating costs. The fees may also go toward other amenities such as a community clubhouse or a pool. Since you’re paying the money, it’s nice to know what exactly you’re getting for it.