My dream is to live in Maui, but realistically I would settle for Destin, Florida. I would prefer to live in a condo on the beach than have a beach house because of the maintenance and insurance. The older I get, the more simple I would like my life to be.
As retirement becomes closer, we are also considering this area.
We have always loved it there.
If I am going to be at a beach, I want it to be that white sand and clear water!
We recently got back from week on Kauai, and it was amazing, but not considering living there. Now, those on the West Coast, affordable non-stop flights, can often have two places, and travel back and forth.
And, our son probably will not want to move, so the FL Panhandle would at least keep us in the same Geographical part of the U.S.!
The thing about a Condo is, if they offer any amenities at all, the monthly assessment fees (HOA) can be SKY HIGH. They are geared to be rental income producing property, and they can charge that.
It can be like paying rent, after paying premium price to buy the condo.
At Destin Palms, owners are literally bailing, and selling a big losses, because the management has been so bad, and is wanting to charge unimaginable monthly fees.
If one wanted a condo, that was like a rental, but is not a development with amenities, then that might be possible.
But, again, anything close to being on the coast will have the additional Flood Insurance coverage.
I imagine that does not come cheap!
We looked into two developments near Destin, most lots were still vacant... Only had to pull up and read the Covenents to find out why. Literally can't plant a flower without HOA Management approval.
We are finding out that it is a real 'process' to begin to consider such a move!
We are now considering a lot that is not too far from Destin, It is not right at the beach (just minutes away, though) not in a major flood zone, etc.