Whether you like water-related activities or not, the thought of waking up every morning to a breathtaking view of the ocean just beyond your doorstep entices even the most ardent landlubber. In fact, a 2015 survey conducted in New York revealed that the coastal states of Florida, California, and Hawaii topped the bill as America’s most desired places to live.
For first-time homebuyers considering Daytona Beach FL real estate, the dilemma of choosing the right location—on the beach or farther inland—can cause some head scratching to say the least.
The Benefits of Living By the Ocean
Aside from being immersed in the daily view of the ocean, medical experts claim that living near the ocean greatly influences one’s overall health. According to a New England study, those who live near the coast demonstrate better health than those living inland. When you calculate this across the entire Daytona Beach community, new residents find themselves living in an inspiring atmosphere when it comes to their overall well-being.
Meanwhile, a beachfront Daytona Beach FL real estate property also amounts to good economic sense. Beachfront properties are rarely affected by the fluctuating property market farther inland and ensure a higher return on investment if you ever decide to sell your property. Moreover, a house near the beach offers the opportunity to rent it out to those who want to live near the water or for vacationers who need a beachside dig for a week or two.
Prepare for the Realities of Beach Living
Of course, folks living alongside the oceanside must prepare for the inherent dangers of something as powerful as the ocean itself.
According to the National Oceanic and Atmospheric Administration, coastal residents expose themselves to marine disasters, such as flooding, storm surges, soil erosion, tsunamis, toxic algae blooms, and the continuous rising of the ocean water level. Therefore, it shouldn’t be surprising to find your insurance premiums higher than those for inland homes. You might also require some special maintenance to keep your home free from humidity, dampness, and salty air, which can greatly impact the exterior of your house.
Lastly, know where the edge of your property runs so you don’t get confused about how much of your beachfront property legally falls under your domain. States with coastal commercial developments must adhere to laws guaranteeing feasible public access to the beach. Essentially, most of these laws demand that all beaches along and within the high-tide line remain accessible to the public for walking or recreation in accordance to other laws and ordinances.
If you are still not sure which Daytona Beach FL real estate property to purchase, hire an exclusive buyer’s agent such as one of those from The Buyer’s Agent of East Florida (1-386-788-2424) to advise you on the pros and cons of living on the beach or a short distance from it. Such an agent can also help you find the dream home that still fits your budget.
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