Why I Recommend Investing in the Treasure Coast Area of Florida

Let me first give some background. Years ago, my parents owned a condominium in Marco Island. Bought in the 1980s for just about $180,000, they sold it in 1996 or so for about the same amount of money. Today, that same 2BR, 2BA, 1100 sq ft condominium in a low rise building located in the South Seas East community, might sell for $700,000. And that hasn’t really changed since the ups and downs since 2007 until today. Marco Island will never see the $180,000 mark for a condominium at all.

Now, move up north and east coast where towns like Vero Beach, Fellsmere and Sebastian are situated. Note that you can still purchase a decent condominium for $170,000 to $229,000. Maybe it is the “height” of this particular market, maybe it is not. However, as far as growth, and Florida go –there is only one way the Indian River County and Treasure Coast area will go –and this is straight up in value. You may ask me why. So here goes.

Right now, the Treasure Coast has just begun to be fully recognized and seen as the new place in Florida to be. Houses come on the market and they go off, very quickly. And there is a value here. People are coming from Miami, California, NJ and NY, sensing a better home value than in the markets they own other homes in. That should tell us all something. Regardless of a small bit of inflation, and perhaps over-valuation –these towns and this area are still relatively affordable.

So the number one reason I recommend buying in the Treasure Coast in general, and Vero Beach in particular, is that it is affordable and a great value.

Another reason I recommend investing in the coastal communities located wihin the Treasure Coast is that the area is still “roomy” with plenty of open space and recreation areas. There are so many amenities –sky diving, museums, breweries, water sports, boating, fishing, golfing, shops, restaurants and more. Vero Beach even has its own airport –with Elite Airways flying to all kinds of North East locations as well as Atlanta, GA.

There is room, and there is still potential in the Treasure Coast. There are jobs here–with Piper being one of the largest employers and the Space Coast, just a stones throw away–offering even more job opportunities. Fort Pierce and Port St Lucie, located within St Lucie Counties also offer unlimited potential with Amazon Fulfillment going in, and massive housing and recreational projects currently underway.

And not to be forgotten, the beaches and shoreline of the Treasure Coast are spectacular! Home to Sea Turtles and all kinds of birds and tropical flora and fauna, there is a wildlife and clear oceans to enjoy.

Thinking of investing in Florida? Please contact me to discover even more reasons to purchase your home, building or business right here!

The author is Carolyn Mac Evoy, Broker of Mac Evoy Real Estate Co., a 2nd generation real estate firm, started in NJ and continued in Florida. Should you be needing housing or commercial property or farm land in Florida, please contact her at: carolyn@macevoy.org or by calling  772.925.4791.