DC to Florida - Where to look?

[Anonymous]

Anonymous wrote:DC to FL? Where to look? For a therapist!

Ha - funny.

[Anonymous]

By all means, move to Florida. But don’t expect tax or any other savings. At your anticipated house price, you’ll pay $35,000 in real estate taxes in the South Florida metro area. Almost equal amount in insurance. Two cars minimum, insurance, gas. High healthcare costs (if you need it). So while you might enjoy the climate change, you won’t save money.

You’ll thank me for this revelation.

[Anonymous]

Anonymous wrote:By all means, move to Florida. But don’t expect tax or any other savings. At your anticipated house price, you’ll pay $35,000 in real estate taxes in the South Florida metro area. Almost equal amount in insurance. Two cars minimum, insurance, gas. High healthcare costs (if you need it). So while you might enjoy the climate change, you won’t save money.

You’ll thank me for this revelation.

This is actually very true- insurance for SFH is crazy by beach. Property tax is high, etc.

If you want to save cash you’ll need to be pretty strategic about your approach- it’s doable, but you’ll need to be strategic.

Realtors love to sell out of towners on tax free but lie like hell about other costs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:By all means, move to Florida. But don’t expect tax or any other savings. At your anticipated house price, you’ll pay $35,000 in real estate taxes in the South Florida metro area. Almost equal amount in insurance. Two cars minimum, insurance, gas. High healthcare costs (if you need it). So while you might enjoy the climate change, you won’t save money.

You’ll thank me for this revelation.

This is actually very true- insurance for SFH is crazy by beach. Property tax is high, etc.

If you want to save cash you’ll need to be pretty strategic about your approach- it’s doable, but you’ll need to be strategic.

Realtors love to sell out of towners on tax free but lie like hell about other costs.

If she wants to save money, she needs to buy a much smaller house. Half of PITI is actually taxes and insurance. No realtor will tell her that, you’re very right about it. Also, I am expecting a huge rise in insurance fees when I renew next May. My current rate doesn’t even include last years catastrophic events.

[Anonymous]

SFH insurance in Florida is geometrically related to elevation….

You’ll want to independently verify all insurance costs - your broker will simply not tell you the truth.

[Anonymous]

Pine Hills.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Considering moving from Upper NW to Florida as primary residence for the tax break (this would save us approx 75k per year). Empty nesters, mid-50s, able to work remotely but not sure where to look.

Our budget is $1.5MM - 1.75MM and we'd like to be near amenities like restaurants, shopping, etc. Condo or house. Miami seems fun, but we'd need "livable" neighborhoods. Naples seems ok too - but maybe a bit stodgy.

Any recommendations for neighborhoods in either location?

Apparently, you are not paying attention

Florida is no longer "cheap"

And better not have any females in your family.

Naples you need a car to get anywhere there is no "walking"

Naples love it hurricane candy.

You do understand DeSantis is getting rid of the state withholding no tax right? Seriously do some homework not on DCUM.

He has passed at least 8 executive orders a day.

Taxes are going up. Not to mention you won't get homeowners insurance anytimes soon. And the cost is well just oh so lovely.

What are you talking about? Florida still has 0 income tax.

NP but if the OP says they can work remote, I'm assuming from their current company, which I also assume is not in Florida. Wouldn't they still have to pay taxes in the state they are paid from?

To the many people who like to claim that florida is filled with morons, the PP is a classic example that the rest of the US has its share of morons also.

(to the PP: no, you don't pay taxes in your employer's state when you work remotely unless you travel and perform work in that state).

New York has entered the chat…

https://www.tax.ny.gov/pit/file/nonresidents.htm

[Anonymous]

Anonymous wrote:Thanks, OP - I'm considering the exact same thing so this is timely. However, I'm keeping the DC house so need to keep the Florida house at like $800K. Any ideas where this can be done?

Don't need the beach; we just want to stop paying state income tax and escape the dark DC winters. Thank you!

PS - I'm Republican so FL politics are not a problem.

Then stay away from the beach since you'll pay a premium for it. Central Florida has great healthcare and lots of shops and restaurants. Lots of UMC people (lots of UC people in the wealthier areas too). Stay away from super cheap parts of FL where you won't fit in as an UMC person. Check out parts of Downtown Orlando such as Thornton Park, Delaney Park, Lake Eola, etc. if you want to be able to walk to stuff. If you want a quieter feel then check out Gotha, Lake Nona, and Windermere areas. If you don't need good schools then you'll easily find a great home for $800K.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Thanks, OP - I'm considering the exact same thing so this is timely. However, I'm keeping the DC house so need to keep the Florida house at like $800K. Any ideas where this can be done?

Don't need the beach; we just want to stop paying state income tax and escape the dark DC winters. Thank you!

PS - I'm Republican so FL politics are not a problem.

Then stay away from the beach since you'll pay a premium for it. Central Florida has great healthcare and lots of shops and restaurants. Lots of UMC people (lots of UC people in the wealthier areas too). Stay away from super cheap parts of FL where you won't fit in as an UMC person. Check out parts of Downtown Orlando such as Thornton Park, Delaney Park, Lake Eola, etc. if you want to be able to walk to stuff. If you want a quieter feel then check out Gotha, Lake Nona, and Windermere areas. If you don't need good schools then you'll easily find a great home for $800K.

Plenty of places in Miami where you can get a nice condo under 800k

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Thanks, OP - I'm considering the exact same thing so this is timely. However, I'm keeping the DC house so need to keep the Florida house at like $800K. Any ideas where this can be done?

Don't need the beach; we just want to stop paying state income tax and escape the dark DC winters. Thank you!

PS - I'm Republican so FL politics are not a problem.

Then stay away from the beach since you'll pay a premium for it. Central Florida has great healthcare and lots of shops and restaurants. Lots of UMC people (lots of UC people in the wealthier areas too). Stay away from super cheap parts of FL where you won't fit in as an UMC person. Check out parts of Downtown Orlando such as Thornton Park, Delaney Park, Lake Eola, etc. if you want to be able to walk to stuff. If you want a quieter feel then check out Gotha, Lake Nona, and Windermere areas. If you don't need good schools then you'll easily find a great home for $800K.

Plenty of places in Miami where you can get a nice condo under 800k

PP said she doesn't need the beach. That's why it makes no sense to pay to be there if she doesn't want it.

[Anonymous]

Anonymous wrote:By all means, move to Florida. But don’t expect tax or any other savings. At your anticipated house price, you’ll pay $35,000 in real estate taxes in the South Florida metro area. Almost equal amount in insurance. Two cars minimum, insurance, gas. High healthcare costs (if you need it). So while you might enjoy the climate change, you won’t save money.

You’ll thank me for this revelation.

NP
I’m puzzled by your “high healthcare costs” and other claims. We’ve not noticed any discernible difference on healthcare costs between DC and FL. Some people even use concierge medicine with fixed pricing that eliminates surprise billing, telemedicine, no wait times, next day appts. We also have EVs and our State Farm car insurance rates have dropped from DC. We’re in Indian River County and the taxes are nowhere near $35K. My MIL lives in Boca and her taxes are nowhere near that figure, either. She just bought, too.

You sound like you have some strange investment/motivation or more likely, you’re just jealous.

[Anonymous]

Anonymous wrote:

Anonymous wrote:By all means, move to Florida. But don’t expect tax or any other savings. At your anticipated house price, you’ll pay $35,000 in real estate taxes in the South Florida metro area. Almost equal amount in insurance. Two cars minimum, insurance, gas. High healthcare costs (if you need it). So while you might enjoy the climate change, you won’t save money.

You’ll thank me for this revelation.

NP
I’m puzzled by your “high healthcare costs” and other claims. We’ve not noticed any discernible difference on healthcare costs between DC and FL. Some people even use concierge medicine with fixed pricing that eliminates surprise billing, telemedicine, no wait times, next day appts. We also have EVs and our State Farm car insurance rates have dropped from DC. We’re in Indian River County and the taxes are nowhere near $35K. My MIL lives in Boca and her taxes are nowhere near that figure, either. She just bought, too.

You sound like you have some strange investment/motivation or more likely, you’re just jealous.

The people on the DCUM real estate forum have this strange fear of Florida, despite having spent no time here and having no first hand knowledge of what it's like to live here. They hear about people moving down here, and it stresses them out that people may be having a better life than them, so they dig in their heels to make up nonsensical reasons to hate Florida, most of which aren't based in fact. These threads often devolve into them saying stuff like "I could never live there because of the alligators". Which is when you know they're arguing in bad faith.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Thanks, OP - I'm considering the exact same thing so this is timely. However, I'm keeping the DC house so need to keep the Florida house at like $800K. Any ideas where this can be done?

Don't need the beach; we just want to stop paying state income tax and escape the dark DC winters. Thank you!

PS - I'm Republican so FL politics are not a problem.

Then stay away from the beach since you'll pay a premium for it. Central Florida has great healthcare and lots of shops and restaurants. Lots of UMC people (lots of UC people in the wealthier areas too). Stay away from super cheap parts of FL where you won't fit in as an UMC person. Check out parts of Downtown Orlando such as Thornton Park, Delaney Park, Lake Eola, etc. if you want to be able to walk to stuff. If you want a quieter feel then check out Gotha, Lake Nona, and Windermere areas. If you don't need good schools then you'll easily find a great home for $800K.

Plenty of places in Miami where you can get a nice condo under 800k

PP said she doesn't need the beach. That's why it makes no sense to pay to be there if she doesn't want it.

There are like 1000 other things to do in Miami that aren't the beach.

[Anonymous]

Anonymous wrote:Sarasota
St. Petersburg
Davis Island (Tampa)
Lakeland

+1 also Winter Park, Amelia Island areas, Ponte Vedra

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Thanks, OP - I'm considering the exact same thing so this is timely. However, I'm keeping the DC house so need to keep the Florida house at like $800K. Any ideas where this can be done?

Don't need the beach; we just want to stop paying state income tax and escape the dark DC winters. Thank you!

PS - I'm Republican so FL politics are not a problem.

Then stay away from the beach since you'll pay a premium for it. Central Florida has great healthcare and lots of shops and restaurants. Lots of UMC people (lots of UC people in the wealthier areas too). Stay away from super cheap parts of FL where you won't fit in as an UMC person. Check out parts of Downtown Orlando such as Thornton Park, Delaney Park, Lake Eola, etc. if you want to be able to walk to stuff. If you want a quieter feel then check out Gotha, Lake Nona, and Windermere areas. If you don't need good schools then you'll easily find a great home for $800K.

Plenty of places in Miami where you can get a nice condo under 800k

PP said she doesn't need the beach. That's why it makes no sense to pay to be there if she doesn't want it.

There are like 1000 other things to do in Miami that aren't the beach.

There are a lot of places much less expensive than Miami to get those non-beach things.