What should you know before buying a beach house?

Are you tired of the constant cold weather in your area? Do you want to have a house that is in a warmer area? Maybe right next to a beach? Then you should consider buying a beach house. Having a beach house has many benefits and we are here today to point them out. However, you need to know all the drawbacks as well. Now let’s see what you need to know before buying a beach house, or a better way to put it, your new vacation home. Once we go through the details, you’ll be ready to start hunting for one and let one of the moving companies Sunny Isles Beach to get you there. Let’s dive right in.

Factors to consider when buying a beach house

Purchasing a beach house is a significant investment and dream for many. However, it comes with its unique set of considerations compared to regular real estate. Before taking the plunge, evaluate the following factors:

  • Investment Options: Is this purchase solely for personal use, or are you considering renting it out? Understand the potential return on investment and associated tax implications.
  • Favorable Weather: Check the climate trends and patterns. Some coastal areas may be prone to extreme weather conditions like hurricanes or tropical storms.
  • Roof Condition: Given the saline environment, ensure the roof is corrosion-resistant and in good shape to withstand weather elements.
  • Windows’ State: Windows must be in an impeccable state, both for the view and to ensure they protect against salt, sand, and storms.
  • Proximity to Beach: The closer the property, the higher the price. Decide on the desirable distance and accessibility to the beach.
  • Property Management: If you’re not planning to live there year-round, consider management services to maintain the property in your absence.
  • Insurance: Coastal properties may have higher insurance premiums due to increased risks. Investigate what’s covered and potential costs.
  • Location: Beyond the beach itself, consider nearby amenities, neighborhoods, and infrastructure to ensure your beach house is also conveniently located.

Making an informed decision with these factors in mind will ensure your beach house is both a serene getaway and a sound investment.

Investment options

Buying a beach house is a great investment opportunity. By buying one, you are paving the way to renting it for the hot summer months. And when all the monetary gains add up, you can live in the beach house off-season basically for free. Though this sounds easy enough, there are some things you need to pay attention to. You must find a good real estate agent, who is proficient in working with coastal areas. This way you can find the best option. By having an experienced professional in the field searching for your new beach house, you will minimize the risk of buying the wrong one. Problems can be tied to the weather, the durability of your house, mortgage rates, and house insurance among other things. Having a good real estate agent will minimize the chance of a bad investment.

real estate agent and clients talking before buying a beach house
Having a real estate agent by your side can help immensely both when purchasing and reselling a beach house.

Now, before investing in your new beach home, you must work on your budget. Go over the yearly income and figure out if you can support maintaining one. Also, the transition period will require a bit of packing and hiring movers Fisher Island FL to relocate you there. Or at least to get the portion of the old furniture you have to your new beach house. Whether you decide to live or rent it, you must still work on the interior and furniture layout. Decide if you are buying new things and include those costs and the moving costs as the final cost.

Buying a beach house in a place with favorable weather

Ok, you must see what the weather is like during the off-season.  It will most likely be hot and sunny during summer. Also, check if there are no frequent weather-related incidents in the area. The goal is to find a nice and warm place with mild changes rather than a scorching hot one that can cause health issues and property damage. But during the off-season, you will have to pay attention to different climatic changes occurring in the area. You need to see if the foundation of your new house is compatible with the weather. If the area is prone to flooding or landslides, you should consider buying a house built on stilts. They will ensure that the flood does not reach the inside of the house and cause a lot of damage.

You should also consider buying a beach house made of concrete, as the wooden framed ones are much less durable and prone to succumbing to the wind. Although they are a lot cheaper than concrete ones. But for general safety, you should consider investing more, especially if you are renting from time to time. All in all, get to know the area and make sure you have more warm and sunny days than cold ones throughout the year. And try to time it perfectly to move to your new home during the summer. Almost all moving companies in Miami suggest that this is the best time to move to the beach house simply because summer relocations are safer and more efficient in general.

Make sure the roof is in good condition when buying a beach house

Another thing you should pay attention to is the roof. Some beach houses may have very old roofs, which you will probably need to renovate so they can survive the climatic changes occurring throughout the year. Renovating a roof can be costly. It is somewhere between $20.000 and $30.000, which is not cheap at all. In order to avoid this, you should find a house with a relatively new roof. This will ensure that you do not have to spend money on renovating it, at least not in the first few years of buying a beach house. Another thing to consider is to get a house with a metal roof. These types of roofs are extremely resistant to wind and will be your best defense against the changing weather.

a house in the woods
Beach houses come in many shapes and sizes. But the roof and the base are the most important parts of it.

On the other hand, if you find a cheap property with a bad roof or are generally in a bad state, you should consider investing. People sell properties at low prices for all kinds of reasons. And if you stumble upon a good deal and you have only to renovate a roof, you should go for it. Of course, firstly, go over the budget you possess to figure out if you can afford it. If it matches your monetary abilities, find a good contractor to tidy up the place, and you are all set. You can find contractors online easily. Search for the property, real estate agent, contractors, and residential movers Miami at the same time to save yourself the trouble.

Windows must be in an impeccable state

This is vital to sustaining the home in the off-season. By having good, enforced windows, you will not have to worry about the damage done by strong winds and hurricanes. This is also a great way to keep the energy flow in your house stable, as the heat will not slip out of your house through unreliable window openings. And it is equally important to have proper shades to reflect the heat on hot summer days. This is easily done, and it is quite a small investment. But a necessary one indeed.

Moreover, if you are locking your home and going away for the winter, you must have adequate protection. A reinforced steel door will do the trick. But your windows are the soft spot if anyone gets the idea of breaking in. Therefore, you’ll need a steel cover for your windows as well. You can install hurricane shutters, or it can be a roll-down solution like you have on any store or storage unit. Also, if the entire thing is expensive and with valuable belongings inside, you should consider installing a security system. It can be a simple one or a complete surveillance with an alarm. You choose which one you think is necessary and the one you can afford and maintain. It will bring you peace and comfort while you are in your home and while being away for months.

Proximity to the beach is the main focus of this story

This is maybe the most important thing when it comes to buying a beach house. You always want to be as close as possible to the water when trying to find a suitable vacation hotel or motel, so why would this be an exception? This will even increase the popularity of your beach house and surely increase the rent price for potential tourists. And if you intend on living full time in this house, you will surely appreciate having an amazing view and only a couple of minutes until you touch the water.

proximity to the beach is important when buying a beach house
Being far away from the water or too close has many advantages. Figure out which one is better for you.

However, there are some things you need to take into account when considering this. The risk of flooding is an important factor, and you should find a flood-proof house. As we have mentioned before, various systems will protect your home from flooding. Choose one and fix this problem. Another thing is the insurance rate. It will surely increase the closer you get to the water. And while hunting for your new beach home, keep in mind that lower prices for such properties are probably due to constant flooding. Avoid extremely low prices unless you know who the seller is, and you have references. After all, for such a premium perk, you’ll have to invest a bit. Keep this in mind when the time comes.

Property management

If you do not live in the same town where your beach house is, this can create a myriad of problems. What if something important, such as kitchen appliances or an air conditioner, breaks down? If you cannot live in the house during the renting season, there are a few solutions in front of you. One is to consider hiring long distance movers in Miami, to help you move the furniture you want to fill your new beach house with. Also, if you have spare appliances and electronics, you can store them inside the house or in a storage space nearby. This brings us to the next solution, and it is a property manager. You can hire one easily and it is an affordable service. This way, you will always have someone whom you know you can trust in charge of your house.

However, some property managers can be expensive, and the better they are, the more expensive they will get. Usually, private firms and self-employed property managers are more expensive. Although, you can come to terms and obtain better prices from them. At least it is much easier to communicate with them than with government-appointed officials. So, consider this option and check your financial status before diving in head-first and regretting it afterward. In the end, if you live there, this part shouldn’t concern you at all. Maintain the property by yourself and never think about spending money on property managers.

Insurance rates

This is a very important thing to keep in mind and research because the interest rates can be surprisingly high. A yearly rate of about $10.000 is about the cheapest it can get. And it will only get higher because of the many recent flooding and hurricanes on the east coast. Consider your options with your insurance agent, and do not be afraid to extend your search range. Some insurance companies cover more while costing less. You never know what you may stumble upon. But make sure to have insurance up and running all the time. Flooding is not the only form of damage you can endure. There are all sorts of environmental disasters along with human errors, burglaries, and other unforeseen circumstances.

a woman holding a calculator and calculating before buying a beach house
Do the math and figure out what kind of insurance coverage you can afford.

If you are investing in a beach house, obviously you want to protect and maintain it. Sometimes, things happen, and the situation is out of your hands. This is where insurance comes in. But if flooding is expected, insurance rates will not be great. Luckily, you’ll still be covered for all other forms of compensation. So, calculate the risk, budget, property management, and location. Combine all factors in play and draw a conclusion. If you are going for the premium location in a high-risk area, you must be ready to cover the damage and repairs. In this case, rent should compensate for it and leave you a bit extra on the side. Otherwise, it is not worth the hustle, and maybe it is better to purchase a beach home a bit further inland. But we will leave you to decide on this one.

Where to buy a beach house?

There are numerous places in Florida where you can buy a beach house, and it is indeed hard to list them all. And based on the frequency of relocations, we’ve chosen the following four:

  1. Miami Beach
  2. Fort Lauderdale
  3. Hallandale Beach
  4. South Beach

Now, let us explore what to expect when buying a beach house in these places.

Buying a beach house in Miami Beach

Purchasing a beach house in Miami Beach is an enticing proposition for many, offering a slice of tropical paradise combined with the allure of luxury living. The real estate landscape in this iconic location can vary dramatically in terms of pricing. For instance, according to Zillow, a new construction with 7 bedrooms and 13 bathrooms sprawling over 14,060 sqft is listed at a staggering $75,000,000. Meanwhile, a more modest 9-bedroom house with 13,144 sqft is available for $43,000,000. For those looking for a compact beachside retreat, a studio condo with 566 sqft is priced at $499,000. It’s essential to note that listings and their prices fluctuate based on demand, market trends, and property specifics. If you’re enticed by these options and decide to move to an oceanfront home in Miami Beach, remember to hire Miami Beach movers to ensure a seamless transition to your new seaside haven.

Fort Lauderdale: A coast dream

Fort Lauderdale, Florida, fondly known as the “Venice of America,” beckons with its pristine beaches, azure waters, and charming coastal neighborhoods. For those considering a seaside retreat, buying a beach house here is an enticing prospect. Beachfront properties can be a fantastic investment, offering homeowners both a delightful vacation spot and potential rental income. Starting prices for these sanctuaries range from as low as $195,000 for a cozy 1 bedroom, 1 bathroom home spanning 600 sqft, to more spacious options at $315,000 with the same 1 bedroom and 1 bathroom but boasting an 805 sqft area. The region offers diverse architectural styles, ensuring potential homeowners find something that resonates with their tastes. And if FT is your choice, hire professional movers in Fort Lauderdale and ensure a seamless move.

Fort Lauderdale beach view perfect for Florida beach activities
Fort Lauderdale is a must-visit spot for Florida beach activities.

Hallandale Beach real estate

Hallandale Beach, nestled between the bustling metropolises of Miami and Fort Lauderdale, offers a serene escape paired with the luxurious touch of South Florida real estate. The local market is rich with properties that cater to both discerning individuals and families. For instance, imagine owning a sprawling single-family home with an impressive 7,193 sq ft of space, complete with 5 bedrooms and 6.5 bathrooms, providing ample room for family gatherings, entertainment, or simply basking in the South Florida sun. Alternatively, for those who have a penchant for high-rise living with panoramic ocean views, condos here are nothing short of exquisite. Picture a spacious 4,546 sq ft condo fitted with 4 bedrooms and 4 bathrooms, embodying the epitome of modern luxury.

Once you’ve made the decision to invest, reliable movers Hallandale Beach offers are on standby, ensuring a smooth relocation to your chosen sanctuary. Embrace the allure of Hallandale Beach and elevate your living experience.

Buying a beach house in South Florida

South Beach, Miami’s iconic coastal gem, is renowned for its sparkling shoreline, pulsating nightlife, and prime real estate. Purchasing a beach house here is not just buying a property; it’s investing in a world-class lifestyle. Potential homeowners can explore homes that beautifully blend modern aesthetics with functional design. For example, a spacious haven priced at $1,200,000 offers 3 bedrooms, 2.5 bathrooms, and 2,578 Sq. Ft. of luxurious space. For those with a more extravagant budget, a grand $3,695,000 property boasts 4 bedrooms, 4 bathrooms, and a vast 3,786 sq. Ft. area.

The residential area in one of the best cities for renters in South Florida
Discover some of the the best cities for renters in South Florida

What have we learned so far?

Whether you are buying a beach house so you can rent it, or buying it as your new primary residence, you need to make sure everything checks out. If done correctly, this can be a new beginning and a dream come true for many peopleHaving a summer “getaway” house is one of those things everyone wishes for.

So, take it slowly, do not rush anything, and consider every option out there. Buying a beach house is not something you do every day. Hopefully, we gave you enough to work with. Now go online and begin your search. A beach house from your dream is just around the corner, and once you find it, we hope you will adapt easily and enjoy it to the fullest. Good luck.

Ready to move: Secure your beachside transition with Pro Movers Miami

Ready to dive into the sun-soaked luxury of your newly purchased beach house? The excitement of such a monumental decision should never be dampened by the stress of relocation. Pro Movers Miami is the trusted name when it comes to ensuring a smooth, hassle-free move after buying a beach house. With our expert team, state-of-the-art equipment, and a commitment to customer satisfaction, your belongings are handled with utmost care and precision. Whether it’s delicate furniture, prized artifacts, or everyday essentials, trust our movers to get everything to your new haven safely and efficiently. After investing in your dream coastal residence, don’t leave the move to chance. Hire Pro Movers Miami and transition with peace of mind.