Condo, Apartment or House: What’s Right for You?

Condo, Apartment or House: What’s Right for You?

Weighing your options when it comes to where you live is always smart – and so is reevaluating your needs and making a decision based on what’s best for you. But is living in a condo, an apartment or a house the right choice in your situation? Here’s what you need to know so you can make the best possible decision. Condo, Apartment or House: What’s Right for You? There are fundamental differences between condos, apartments and single-family homes, and the only way to know which is right for you is to understand what they are. Here’s a quick guide to get you started. Condos: The Basics A … Continue reading...

What Does a Condo Owner Actually Own in Florida?

What Does a Condo Owner Actually Own in Florida?

If you’re like many people searching for homes for sale along 30A, you’ve seen plenty of listings for condos. But if you buy a condo, what do you own? What are you responsible for? Here’s a quick run-down on condo ownership in Florida. What Does a Condo Owner Actually Own in Florida? When you buy a condo, you become a homeowner. As a homeowner, you can build equity in your space – you pay off your lender (unless you purchased the home with cash) until your loan is satisfied and you own the condo outright. So how much of that space do you actually own, and what belongs to other … Continue reading...

Condo FAQ for 30A Buyers

Condo FAQ for 30A Buyers

Buying a condo may be one of the smartest choices you’ll ever make – but it’s not right for everyone. Check out this condo FAQ for 30A buyers to see whether buying a condominium is the right choice for you. Condo FAQ for 30A Buyers Check out these frequently asked questions about condos on 30A – and if you don’t see the answer you’re looking for here, feel free to call our expert REALTORS® at 850-213-3048. What Does a Condo Owner Own? When you buy a condo, you own the interior walls of your unit and everything between them. You don’t own the outside walls or any of the community amenities … Continue reading...

What is a Condo Assessment?

What is a Condo Assessment?

When you own a condominium along 30A, you’ll be part of a condo owners’ association – and as a member, you may occasionally have to face an assessment. So what is an assessment, and how much will it cost you? Here’s what you need to know. What is a Condo Assessment? In addition to monthly association dues, you may encounter a special assessment. An assessment is an extra fee that you and the other owners may have to pay in order to cover a large or unexpected expense. For example, if an alligator falls into your pool and has babies inside the filter, the association will cover the cost of … Continue reading...