Sunny Florida landed seven out of the 15 locations across the country deemed by industry analyst RealtyTrac as the most ideal for retirees.
Those living out their golden years should do so in Naples, North Fort Myers, Punta Gorda or Venice, all in the southwest region of the state; Orange City, near Jacksonville; or Sun City Center, east of Tampa. That’s according to the “15 Best Retirement Hot Spots for Real Estate Investing” list released in July of 2013.
Among the categories RealtyTrac used to rate each municipality were percentage of population of retirement age; average temperature; cost of living index; and median sales price. In all of the cities on the list, at least one-third of the population is retirement age.
While southeast Florida did not make the list, it has a lion's share of retirees. Tens of thousands of seniors live in Palm Beach County in such places as Delray Beach Club, Singer Island condos for sale and Jupiter Dunes. According to RealtyTrac, Baby Boomers soon will make up the majority of the retirement community, as they started retiring in 2011, and will continue to do so through 2029.
Waterfront Properties and Club Communities has a team of sales agents ready to usher in the next wave of retirees to the coastal and golf-course neighborhoods that make up Palm Beach County. For information, call 561-776-7272.