Florida’s Senior Living Boom: What Buyers Over 55 Need to Know
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Florida’s 55+ communities are thriving, offering resort-style amenities and tax benefits (no state income tax) for retirees. Popular areas like The Villages and Naples attract buyers with golf courses, pools, and social activities. However, rising HOA fees—often $400+ monthly—and strict age restrictions can be drawbacks.
Climate risks, particularly hurricanes, also impact insurance costs, even inland. Buyers should verify flood zones (via FEMA’s NFIP) and review HOA rules before committing.
This information was sourced from market trends highlighted on Florida.Realestate.
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