Hold Old Homes in Florida?

[Tim Kaminski]

I have a few old properties (around 100 yrs old) in Tampa/St Pete that I am considering selling.  Initially wanted to hold forever but with insurance costs rising/property taxes going up/threats of Hurricanes destroying home, considering cashing out.  I have nice 3-4% rates but just fearful of a hurricane coming through and destroying the homes. 

I think I would reinvest in newer homes if possible.  Either here or out of state.  The 100 year old homes just worry me.

"They've lasted this long".  Yeah well, we are getting stronger and stronger hurricanes coming through and if I don't sell prior to house getting destroyed, would only get rebuilding costs from insurance.  Also, the insurance companies are fleeing Florida so I'm definitely not making as much as I would from selling while things are still good.

Talk me off the cliff or push me over please.