Seeking Local Experts - Stuart <--> Palm Beach Gardens

[Todd Wheatley]

Hi Everybody,

@Jessica Wheatley and I are evaluating options to temporarily re-locate close to family in Southeast Florida late in 2020, we live just outside Boston, MA. We are looking to take advantage of the WFH-friendly environment Covid-19 has created and spend the upcoming winter down south. In typical BP fashion we are evaluating rent vs buy options. We are interested in Palm Beach Gardens (our family is here), Jupiter, Tequesta, Hobe Sound, or Stuart.

• We would love to connect with local investors in these communities to discuss market conditions, neighborhoods, macro-trends in the area.
• We are also looking to connect with local investor-friendly agents

If you have any referrals or recommendations please let us know!

Thanks,

Todd and Jess

[Kyle Funnell]

Hey @Todd Wheatley, 

Great decision to move to South Florida! I am currently a Realtor in the West Palm Beach area. 

The big thing to watch out for when selecting your property is in South Florida are HOPA's and HOA's. If you are 55+ then some HOPA communities are great because most of time you can get a great deal. If you are not 55+, then you will not qualify to own the property. Next is HOA's, in my opinion, when conducting your search, I would make sure that the HOA's are not out of control. I typically limit my search where HOA's are less then $250 a month.

Next, I think anywhere you buy in Palm Beach and Martin counties you will see a great investment in your buy and hold. With no where to expand east or west (because of the swamp and ocean) and a growing population, we are expecting prices to continue to climb as demand increases. 

I am sure you have seen that the more north you go, the cheaper the comparable properties become. Especially in Stuart where I see property values rising more in the future. 

If you have any further questions, feel free to reach out. 

Kyle Funnell, Realtor