5377 Bison Street, Sebastian
12 Strategies When You Are Considering Buying Into a Palm Bay Florida Retirement Community.
👇 Sell All 55+ Listings Below 👇
If you are retiring to Brevard County soon, you may be curious how to navigate the hot market for Palm Bay retirement 55 plus community homes for sale. You will soon find out that buying your last home is nothing like buying your first home...
Here are a dozen key rules to follow if you want to get it right...
1. Acclimate before you relocate
Fair-weather 55+ retirement communities like we have in Palm Bay FL are probably more seasonable than you think.
2. Get to know the characters
Figure out in advance if your prospective neighbors will be new friends--or a real pain in the neck. 😃
3. Check out the medical care in the Retirement Community you are considering
Does the Palm Bay community provide medical services? If not, how close are you to the nearest medical facility? 💊
4. Factor in Palm Bay tax rates
Complying with residency requirement in Brevard County can create great income-tax advantages for retirees and be sure to compare property taxes as well. ✅
5. Time your buy to get the best price
Buy just as the area high season is ending, typically in Brevard County Florida that is around May and June. 😎
6. Study the community financials
Review past special assessments and the finances of the homeowners' association. 📓
7. Check out the community approval process
Many retirement communities in Palm Bay will have to approve you before you move in. Most of the time it is just a formality, but make sure you know the process. 📰
8. Explore "membership"
Some Full-service Palm Bay 55 Plus communities frequently offer specific club-memberships. Study the requirements, options and additional cost. 📜
9. Scrutinize the activity calendar
You may not have thought this much about golf, tennis and games like boccie since your school day. But again, you are about to have a lot more time on your hands. 📆
10. Research the restrictions
You may be startled by what some 55+ communities disallow: pets; outdoor grilling; cigar smoke and parking in the driveway to name a few. 👮
11. Consider the caretakers
Some Palm Bay 55 Plus communities offer free maintenance, repair and security. Hiring you own caretaker can cost a minimum of $150 a month. 🔐
12. Don't forget the big city
If you like entertainment, mass transit and more cultural and social activities be sure to consider the community location to all the above. 🥂
10 Most Recent 55 + Homes For Sale In Palm Bay (Use Advanced Search)
3115 Deer Run Drive, Palm Bay
1111 Greenview Court, Palm Bay
2368 Royal Palm Drive, Palm Bay
377 Holiday Park Boulevard, Palm Bay
3124 Indian River Drive, Palm Bay
7604 Boxelder Road, Micco
2351 Angel Road, Palm Bay
7631 Great Bear Lake Drive, Micco
1251 Joy Court Unit 341, Palm Bay