Why Hire a Waterfront Property Specialist?
As waterfront property specialists, real estate agents, and Tampa Bay residents who live on the water ourselves, we understand the allure of waterfront living. Whether it's the tranquility of watching the sunset over the bay or the excitement of boating and fishing, waterfront living has a unique appeal. However, there are several risks and benefits to remember when buying or selling waterfront property in and around Tampa Bay. By working with a waterfront property specialist to purchase your main living or investment property, you can rest assured all factors are considered and you’re making a sound purchase.
Location, Location, Location
When it comes to waterfront property, location is everything. Factors such as proximity to the water, water quality, and surrounding amenities can significantly impact the value of a property. As waterfront property specialists, we understand the importance of location and can help clients find properties that meet their specific needs and desires.
Property Condition
Waterfront properties are often exposed to harsh environmental conditions, including saltwater, high humidity, and strong winds. As a result, it is important to carefully assess the property's condition, including any damage caused by storms or erosion. We help clients identify potential issues and recommend trusted inspectors and contractors to address any concerns.
Insurance and Taxes
Waterfront properties can be more expensive to insure due to their increased risk of damage from storms and flooding. As waterfront property realtors, we help clients understand the insurance options available and their associated costs. Did you know that multiple insurers pulled out of Florida in early 2022 due to excessive red tape and are no longer offering coverage? This presents a significant challenge and expense, and working with an expert is critical. Additionally, waterfront properties may be subject to higher property taxes due to their prime location. We provide guidance on how to navigate these additional expenses.
Zoning and Permits
Waterfront properties are often subject to unique zoning and permitting regulations. These can impact the type of development allowed on the property, as well as any modifications or improvements that may be made. We ensure you understand the regulations that apply to the property you’re eyeing.
Market Trends
The waterfront property market can be highly competitive and subject to fluctuations in demand. We provide valuable insights into current market trends and conditions. This can help clients make informed decisions about buying or selling waterfront property.
Environmental Considerations
Living on the water comes with a responsibility to protect the natural environment. As a waterfront property realtor and resident, our founder Becky Sigle is knowledgeable about environmental regulations and can help clients understand their responsibilities as property owners. Additionally, we provide guidance on how to make environmentally-friendly improvements to the property.
Experience and Expertise
Finally, when choosing a waterfront property realtor, it is important to select someone with experience and expertise in this unique market. Choosing someone native, local, who lives on the water themselves is your best bet!
Waterfront Property Specialist Realtor in Tampa
In conclusion, buying or selling waterfront property requires careful consideration of various factors. We provide expert guidance on location, property condition, insurance and taxes, zoning and permits, market trends, environmental considerations, and more. Click here to contact us today to learn more about how we can help you navigate the waterfront property market in Tampa!
