New Smyrna Beach, Florida condos for sale
New Smyrna Beach, Florida Condo Real Estate
Living in a condominium has several advantages. It is different from time share or a condo-hotel because you actually own 100% of your unit 100% of the time. It also differs from living in a single family home because you have shared common areas and do not have to perform maintenance by yourself; instead, a monthly or quaterly fee is paid by condominium owners for maintenance and insurance. A manager takes care of the daily maintenance routine, and short term rentals, if you wish to get some rental income. An oceanfront condo usually costs less to purchase than an oceanfront home, but not always, and it is most of the time easier to rent short term in the summer (8 weeks) and in the winter (3 months).
Other advantages to condo living generally include great view, location and amenities. Typically, condos are located near shopping and dining, and are a great choice for those who enjoy city living and services. Condos are also desirable because they frequently include fitness centers, swimming pools, tennis courts, covered parking, boat docks, private beach access and/or other luxury facilities. Condos can be a great choice for those who enjoy community living, socializing with neighbors, and making decisions jointly.
Before purchasing a condo, potential buyers should consider its market value and potential appreciation since condos are different from single family homes. Calculations should take into account association fees, rules, and guidelines. Does the association accept pets, for instance? Will you take full advantage of the amenities you’re paying for? Owning a condo can be a wonderful experience for those who want to invest in a home and participate in shared activities and responsibilities.
New Smyrna Beach Condos
Just south of Daytona Beach and east of Orlando, New Smyrna Beach is a laid-back community whose motto is “Swan Among Ducks.” In New Smyrna Beach, many condos are on the beach or the river and/or have great ocean or river views. These great locations on central Florida’s “Fun Coast” makes walking to great shopping and dining on or near historic Flagler Avenue easy. In addition, condos are easily accessible to a variety of outdoor sports and leisure activities.