Choosing a Waterfront EBA
As with all types of Real Estate, waterfront in Florida is it's own specialty requiring experience as well as specialized knowledge of docks, boat lifts, waterway authority, waterway navigation ,vessel restrictions, ICW constraints, sea wall construction, and Army Corps of Engineer jurisdictions.
For example, a home on a channel may not be permitted to build a sea wall because of Mangrove growth. On the other hand a seawall may not be permitted because it does not join with an adjacent sea wall. A Dock may not be permitted because it is deemed an obstruction to navigation.
An experienced waterfront EBA can help in making the right purchase. |
Waterfront In Florida
Current Trends
During the past three quarters the prices of the average Florida waterfront home has increased 14.6% while the inventory of these ( three bedroom two bath single family ) Gulf access waterfront homes have steadily declined.
Foreclosures of waterfront in Florida have taken the biggest drop in inventory. In 2007-2008 waterfront foreclosures were numerous with many excellent bargains. Today, the most desirable waterfront home foreclosures are rarely on the market a week. Being positioned to act quickly and having an experienced Exclusive Buyer Agent is the key your success.
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