1. Housing is an Investment
Homeownership is a solid way to create an investment that can be leveraged for a deduction in your taxes or accrued home equity. Whether you purchase a manufactured home to live in yourself or as a rental property, Florida is a popular place to invest in real estate. The market is rebounding steadily and prices can vary greatly from county to county. According to a recent study, the Florida population is growing faster than California, so housing demand is quickly exceeding the supply. Owning a Jacobsen Home is attractive as housing costs and rents tend to exceed the pace of inflation over time.
2. Fantastic winter weather
If you’d like to enjoy January weather that averages in the low 60’s, retire in Florida. The summer and fall temperatures are consistently high for heat and humidity but you adjust after a season or two. An added perk is that you get to wear sandals year-round!
3. Low cost of living
The state-wide sales tax rate is 6% with some counties adding additional sales tax up to a 7.5% cap. The average property tax is a low 1.1%. Retired Floridians pay a little more than the national average for tax on items like gas, communication services and beer and spirits. Florida has no state income tax so retirees get the benefit of no tax on social security, pensions, and IRA or 401(k) income.
4. Salt Life
Florida boasts some of the most picturesque beaches in the world. From most locales, the coast is less than an hour’s drive. From South Beach, Fort Lauderdale Beach, up to Panama City, Amelia Island and down to the Space Coast and on to the Florida Keys, the scenic beach opportunities are endless. Boating, jet-skiing, water ski, para-sailing, fishing and just general water excursions make the “salt life” a worthy investment.
5. World-class resorts and amusement parks
The parks and resorts located all over the state of Florida can take a lifetime to enjoy. Walt Disney World, Universal Studios, Legoland, Busch Gardens and many other water parks, zoos and museums host millions of tourists from all over the world each year.
6. Sports Fan Opportunities
For sports fans, Florida offers three NFL teams, two Major League Baseball Association teams, two National Hockey League teams, one Major League Soccer team and many varied minor league sport teams. A number of Major League Baseball teams come to Florida for spring training including the Atlanta Braves and Boston Red Sox. Golf, tennis, auto racing, and college sports provide exciting spectator venues throughout the state.
7. Arts & Culture
The cultural arts thrive in the Sunshine State. South Florida is rich in Latin and Caribbean traditions and the yearly Art Basel event in Miami brings in visitors from all over the globe. The art deco neighborhoods of South Beach are a destination for architecture enthusiasts. Central Florida hosts the annual Gasparilla Festival, Biketoberfest, The Zora! Festival, and St. Augustine Lights to name just a few of the many annual arts and music celebrations. Florida’s museums feature some of the most unique art-viewing in the world like The Dali in St. Petersburg, the Chihuly Collection, the John and Mabel Ringling Museum of Art in Sarasota, and the Miami Museum of Science and Planetarium to name just a few.
8. A Gardener’s Delight
Florida is in USDA Zones 8, 9 and 10 so landscaping supports many varieties of tropical trees, grasses and flowers. Container gardens, greenhouses, butterfly gardens, water gardens and bonsai, if you want horticulture therapy, this is this place! You can easily grow your own vegetables, the climate supports harvesting in both spring and fall.
9. Fun factor
The Florida retirement lifestyle is a little more casual and laid-back. T-shirts, flip-flops and shorts are standard apparel and you’ll only need a jacket a few days or weeks of the year. There are always places to go and things to do any day of the week. The state parks are amazing for hiking and camping, the resorts are world-class destinations, the scenery is gorgeous and the arts community is thriving all over the state. Plus, decking out the mobile home with lights for the holidays is easy in sunny weather!
10. You’ll be the most popular relative
With so much to look forward to doing, you’ll find that friends and family may be visiting more often. Enjoy welcoming guests to your Florida Jacobsen Home!
For even more exciting reasons to retire in Florida, view communities featuring Jacobsen Homes in our Find-a-Model-Center.