When you’re looking for a new home in Southwest Florida, it’s important to understand your options and determine which one of those options will work best for your lifestyle. At first glance, choosing between a luxury condo or a luxury custom home seems simple, but there are many benefits to both that may make you think twice about which home type suits you best.
The Benefits of Luxury Condos
A condominium is a combination of a single-family home and an apartment complex. Residents own their homes individually, but have joint-ownership of the building as a whole. Learn the benefits of buying a luxury condo in Southwest Florida:
Less Maintenance and Repairs
Because condos are like apartments in that not one resident owns the building as a whole, condos come with association fees to ensure the building is well-maintained, kept clean, and repaired when necessary. With this upkeep comes association fees for common area maintenance, but that means you will never have to worry about repainting the outside of the building, mowing the lawn, taking care of the landscape, replacing the roof, or finding a reliable company to take care of all of these tasks for you. This is especially beneficial to part-time residents of Florida who only spend their winters in our Sunshine State.
More Cost Effective Insurance
Since condo owners share the building with other residents, your homeowner’s insurance will be cheaper because it is only covering the contents inside your home as opposed to the entire building.
Condominiums are typically built in the middle of a city, or at least within walking distance from shopping, dining, and entertainment. That means you won’t have to drive as much and you can get some exercise while you are enjoying the sights and sounds of Southwest Florida.
Luxury Condos in Southwest Florida
London Bay Homes has started taking reservations on Grandview at Bay Beach, the newest condominium tower in Fort Myers Beach and the final tower to be built in Waterside at Bay Beach. This new multi-family residential tower just two miles north of Lovers Key State Park. Named for the panoramic views of the Gulf of Mexico and Estero Bay, Grandview at Bay Beach will feature 58 stunning residences set against a picturesque waterfront backdrop, including six exclusive penthouses with 11-foot ceilings and a private two-car garage with storage per residence (eliminating the idea of lack of storage space in condos). Homeowners will be able to choose from six floor plans ranging from just over 2,400 square feet to more than 2,900 square feet of living space.
Residents of Grandview at Bay Beach will revel in luxury amenities, including a club room, fitness center, yoga studio, men’s and women’s changing rooms, and a catering kitchen serving a large lanai and outdoor bar. Two fully decorated guest suites offer privacy for visitors, lounge areas and access to amenities. Outdoor amenities will include a resort-style pool and spa, fire pits with gathering spaces, barbecue grills, an event lawn with a trellis, and four lighted tennis courts. Residents will also be able to take part in boating, kayaking, and waterfront/outdoor yoga, as well as enjoy a stroll in the 55-acre nature preserve with three miles of walking/jogging paths nearby.
The Benefits of Luxury Custom Homes
A single-family home is a free-standing, one unit residence that has open space on all four sides. Residents not only own the home, but also own the home site on which the home is located. Learn the benefits of buying a luxury custom home in Naples FL, Sarasota FL, Estero FL, or Marco Island FL.
Single-family homes typically have larger square footage than condos, especially if you are building a One-of-a-Kind home with a luxury home builder in Florida. These types of homes can also be more than one story, have a greater amount of storage space, and include additional rooms like lofts, theater rooms, and any other specialty rooms.
Single-Family Homes Have Backyards
If you enjoy spending some time outside in an area that is a bit more private than the shared amenities of a condominium tower, than a single-family home is for you. Of course, with a private backyard comes lawn care and maintenance, exterior maintenance, and, if you have a custom pool, pool maintenance as well. All of these items can be managed with professional and reputable companies, but some of them can also be taken care of if you live in a luxury home community with maintenance-free neighborhoods.
We’ve already talked about having a private backyard, but your privacy in a single-family home goes beyond that. A single-family home is located on your private home site, so you will not be running into neighbors and other residents as you step out of your front door, nor do you share a wall with other residents and have to worry about any noise coming through to your residence.
In a single-family home, residents have more control over the exterior appearance of their home, from fencing and paint to remodeling ideas and expansions to their current floor plan. There are less restrictions than in a condo, therefore more freedom to do whatever it is you would like to your house, whether that’s adding a mother-in-law suite, bedrooms, another garage, or any other additional space you would like.
Luxury Customs Homes by America’s Best Builder
London Bay Homes has been building luxury custom homes on our home sites and On-Your-Lot in coveted neighborhoods and luxury home communities in Southwest Florida for nearly 30 years. We are dedicated to creating your dream home utilizing our signature Private Label Living process, which allows us to focus on the quality, attention to detail, and superior customer service behind each and every home we build through Choice, Personalization, Service, and Trust. It embodies our commitment to building luxury custom homes that reflect our clients’ distinct tastes and personalities.
Whether you are best suited for condo living, or you prefer a single-family home, you should always take into account the home’s resale value and long-term convenience before you buy or build. Regardless of the home type you choose, London Bay Homes can deliver the true luxury of a tailored fit by ensuring your new home is as unique as you are. Download our brochure to learn more about London Bay Homes, or contact us to schedule an appointment with one of our friendly and knowledgeable sales executives.