Ten Reasons Why You Should Still Purchasing In South Florida
Posted by Admirals Cove Homes on Dec 27, 2012 in Home | 0 comments
South Florida Real Estate Investing – Ten Reasons Why You Should Still Purchasing In South Florida Even with the decline nationally and in the South Florida area, real estate is still considered a solid long term investment. Ten points why: Baby Boomers! National census demographics indicate a growing and aging U.S population. The aging Baby Boomer population in the U.S enjoys and craves the wonderful warm sunny weather and fabulous amenities that South Florida has to offer. Baby Boomers are considered to be one of the most economically advantaged demographics in the country and are always listing South Florida in the top retirement destinations. Retirement Mecca! A recent U.S Census stated that Florida, California and Texas will have 46% of the entire U.S population growth by 2030. This is due to the warm tropical atmosphere these states offer to retires. No Income Tax! Florida is one of the only nine U.S states that do not have an income tax. Florida has an annual invasion of vacationers the produce much of the tab for locals through a variety of sales and use taxes. This is extremely attractive to potential South Florida residents, especially with the cloud of a federal income tax hike looming. Growth! The University of Florida’s Bureau of Economic and Business Research stated that Florida added more than 21,000 residents between 2009 and 2010. This growth creates a demand for more real estate and thus greater resale values on homes in the South Florida area. Affordability! South Florida real estate had seen an adjustment of roughly 50% in value, making real estate more affordable to a wider range of buyers. Interest Rates! Currently interest rates are at historic lows thus creating an opportunity to borrow at a long term value and creates a highly affordable market. Potential Huge Value Increases! A long term demand paired with declining housing should create upward pressure on prices and values. There is also inflationary pressures created by historically low Federal Reserve Funds...
Admirals Cove Completes A $14 Million Renovation Project
Posted by Admirals Cove Homes on Dec 27, 2012 in Home | 0 comments
Admirals Cove Completes A $14 Million Renovation Project: Admirals Cove one of Palm Beach County’s best rated communities has recently completed a lengthy renovation project to their expansive patio, swimming pool, outdoor café, fitness center, ship store, and luxury spa. The projects improvements have residents enjoying the refreshed amenities just in time for the holidays. The developments upgrade has life changing for its residents. Fine dining in ties and jackets for men and high heels for women is now a thing of the past with exception to holidays and special events. Today the new in is casual dining. The Marina Café was one of the primary focuses during the renovation process. The Marina Café is tucked away near the pool providing people with stunning views of the pool and the marina filled with yachts. The Marina Café features fabulous fresh seafood, salads packed with veggies, and delicious sandwiches. Customers can sit and enjoy amazing service, fantastic shade, and cool breezes all in open air seating. The fantastic new swimming pool is surrounded by large Canary Island palm trees and native vegetation and offers three lanes reserved for lap swimmers. There is also a spacious very inviting bubbly spa that residents can use to relax after the gym or a hard day at work. The newly renovated state of the art fitness center features two floors of equipment that overlook the stunning Intracoastal Waterway. The highly trained staff is available to assist residents with everything from Pilates to heavy weight lifting. These new renovations come exactly nine years after the community upgraded its great golf courses. Homes for sale in Admirals Cove range in price from around $300,000 up to over $15 million with most homes sitting right on the water. Waterfront Properties and Club Communities specialists are well equipped to help you find your dream home and the amenity rich real estate off Alternate A1A in Jupiter are the perfect place to begin. If you have any further questions...