Whether it’s the increased scarcity of prime waterfront land in many areas of the U.S., including the escalating price that goes with it, or the desire for a fully “amenitized” country club lifestyle, many buyers across the nation are looking inland for the home of their dreams.
According to Toll Brothers, the nation’s leading builder of luxury homes, Florida presents clear examples of this. It is one of the 21 states where the developer currently operates 205 active selling communities.
Toll Brothers Vice President Joe Pease says that the South Florida market is driven by a continuing influx of affluent individuals and families looking to make the area their full- or part-time home.
“Furthermore, luxury living has turned into a year-round passion rather than a seasonal one,” he said. “Plus, local buyers who want something new oftentimes look to ‘move up’ to a larger home, or one with an updated architectural design and more lavish interiors. He is referring to features such as higher and/or decorative ceilings, floor-to-ceiling expanses of glass, arches, columns, more sumptuous baths and gourmet kitchens.
“The prestige of residing in one of the area’s newest communities also comes into play for some,” he commented.
Pease also pointed out that many people realize that single-family homes on the ocean or Intracoastal Waterway have become cost-prohibitive, and, if they happen to be on the market, they may be in need of major renovations, adding to the already high price.
“In addition, waterfront homes are usually self-contained and don’t provide the ‘sense of community’ or resort-style amenities sought by many of today’s discerning buyers,” Pease noted. “That type of lifestyle isn’t likely to be found in the coastal areas, except perhaps in an ultra- luxury condominium setting. The lifestyle of a gated, country club community is very appealing to a segment of the population that desires exclusivity along with a wide array of recreational and social amenities, and the privacy provided only with a single-family home.”
Also worthy of mention is that country club communities such as those mentioned aren’t a trek to major highways. “There is easy access to major roads and to all the support services needed for convenient living – shopping, professional services, restaurants, cultural facilities and more. And, driving to the beach isn’t an all-day affair,” Pease explained.
Communities near the Gulf Coast, like GlenLakes in Hernando County, are attracting homebuyers with affordable large home sites paired with an outstanding portfolio of home designs, resulting in excellent home value. Where To Retire Magazine consistently names GlenLakes “One of the Best Places to Retire.” In addition, Ideal-Living magazine calls them a “Top 50 Community.”
For nature lovers, fitness aficionados, golfers and those who love an action-packed social life—GlenLakes is it. Adjoining the 85,000-acre Chassahowitzka National Wildlife Refuge, which borders the Gulf of Mexico, GlenLakes captures everything to love about a Florida retirement lifestyle: stunning views, championship golf, country club amenities, a secure, immaculately maintained community and captivating home designs, perfect for entertaining and relaxation starting in the $200’s.
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