Thursday, January 30, 2014

55 and Over Communities in Sarasota

Many Sarasota area home buyers are interested in 55 and over communities, but don't know where to start their search.

The state of Florida has a website that lists state-registered 55 and over communities.  You can view the registered communities for Sarasota County here in this link:  http://fchr.state.fl.us/housing_directory/search/Sarasota/County

I have a page on my real estate website, www.davidbarrhomes.com/55_and_over_communities, with available properties for sale in Sarasota and Manatee Counties from the MLS.

Age restricted communities in this area come in a range of prices and styles.  Here are some examples that are currently for sale as of this writing (price and availability subject to change):

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2/2 Villa for sale in Venetian Falls in Venice $249,000
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Semi-detached 2/2 villa for sale in Lakeridge Falls in Sarasota $269,900
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2/2 villa for sale in Meadowcroft in Bradenton  $114,900

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3/2 villa for sale in 55 and over community in the Cascades in Sarasota $335,000

55 and over communities have restrictions not only on age of residents.  Age restricted communities are not a good choice for investors, as many do not allow rentals within up to 2 years of ownership, and guests under certain ages may have a limited length of stay.  Most are pet friendly, but may have restrictions on number and size of pets.  Parking restructions can be a problem for vacationing guests as well.

Please contact me if you are interested in purchasing a home in a 55 and over community in the Sarasota area.

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