GayRealEstate USA

LGBT Retirement - The Resort on Carefree Boulevard - Florida

By Jeff Adolph

Gay Retirement

Carefree Boulevard, situated in Southwest Florida, is a retirement community for women that allows residents to enjoy a safe and tranquil, resort-styled atmosphere as they age.

Resort residents are able to live an active lifestyle at the resort with features such as, a tennis court, pool and private clubhouse.

Properties at the resort range from $139,900 to $350,000 in price, and building and RV lots range from $64,900 to $95,000. In addition to this, there are several rental properties available if you are unsure about living in the resort permanently, and wish to try before you buy.

At present the resort has 130 residents that range from 40 to 85 years in age, and some of these work full or part time in the surrounding area.

The property is maintained by a service group and all residents are connected to city water and electricity.

Property taxes are calculated using 90% of the property's value and a millage rate of $18.77 per $1000, and residents of Florida are able to homestead their property taxes.

Resorts fees are approximately $227 per quarter for grounds maintenance, and $279 per quarter for Clubhouse membership, which is privately owned. Typically, a payment of approximately $170 per month will cover all of your resort expenses.

Article and Image Source: The Resort on Carefree Boulevard (2009); available online at www.resortoncb.com

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By Jeff Adolph

Gay Retirement

Carefree Boulevard, situated in Southwest Florida, is a retirement community for women that allows residents to enjoy a safe and tranquil, resort-styled atmosphere as they age.

Resort residents are able to live an active lifestyle at the resort with features such as, a tennis court, pool and private clubhouse.

Properties at the resort range from $139,900 to $350,000 in price, and building and RV lots range from $64,900 to $95,000. In addition to this, there are several rental properties available if you are unsure about living in the resort permanently, and wish to try before you buy.

At present the resort has 130 residents that range from 40 to 85 years in age, and some of these work full or part time in the surrounding area.

The property is maintained by a service group and all residents are connected to city water and electricity.

Property taxes are calculated using 90% of the property's value and a millage rate of $18.77 per $1000, and residents of Florida are able to homestead their property taxes.

Resorts fees are approximately $227 per quarter for grounds maintenance, and $279 per quarter for Clubhouse membership, which is privately owned. Typically, a payment of approximately $170 per month will cover all of your resort expenses.

Article and Image Source: The Resort on Carefree Boulevard (2009); available online at www.resortoncb.com

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By Jeff Adolph

Gay Retirement

Carefree Boulevard, situated in Southwest Florida, is a retirement community for women that allows residents to enjoy a safe and tranquil, resort-styled atmosphere as they age.

Resort residents are able to live an active lifestyle at the resort with features such as, a tennis court, pool and private clubhouse.

Properties at the resort range from $139,900 to $350,000 in price, and building and RV lots range from $64,900 to $95,000. In addition to this, there are several rental properties available if you are unsure about living in the resort permanently, and wish to try before you buy.

At present the resort has 130 residents that range from 40 to 85 years in age, and some of these work full or part time in the surrounding area.

The property is maintained by a service group and all residents are connected to city water and electricity.

Property taxes are calculated using 90% of the property's value and a millage rate of $18.77 per $1000, and residents of Florida are able to homestead their property taxes.

Resorts fees are approximately $227 per quarter for grounds maintenance, and $279 per quarter for Clubhouse membership, which is privately owned. Typically, a payment of approximately $170 per month will cover all of your resort expenses.

Article and Image Source: The Resort on Carefree Boulevard (2009); available online at www.resortoncb.com

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Article and Image Source: The Resort on Carefree Boulevard (2009); available online at www.resortoncb.com

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Article and Image Source: The Resort on Carefree Boulevard (2009); available online at www.resortoncb.com

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LGBT Retirement - In the Grayborhood - Florida

By Jeff Adolph

LGBT Retirement

In Fort Lauderdale there is a cozy retirement cooperative, called the Grayborhood, which is owned and operated by a lesbian couple that offer a small and friendly, community-like atmosphere to those who are seeking like-minded friendship and a place to call home.

The Grayborhood is sweet and petite, and provides simple, but beautiful tropical retirement living for over 50s.

The cooperative has several units that consist of one and two bedrooms, with there presently being 2x one bed-roomed units available for permanent residency.

The Grayborhood has a pool (pictured above) and hot tub, a BBQ area and outdoor dinette, as well as free parking and the use of fitness equipment.

The owners of the Grayborhood, Doreen and Karen, create a community atmosphere and regularly plan pool parties, trips the the casino, movies and theater, as well as outings to local LGBT events and Caribbean cruises.

All apartments are rented on a 12 month lease agreement and are priced from $550 per month. Included in this price  is cable, water, electricity and amenity use.

For more information please visit www.grayborhood.8m.com

Article Source: The Grayborhood (2009) ; available online at www.grayborhood.8m.com 

Image Source: www.grayborhood.8m.com

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LBGT Retirement -- Palms of Manasota -- Florida

By Jeff Adolph

Rental Properties

Reader, Barry, recently asked about retirement communities in Florida and North Carolina that were situated near colleges and employment, so that his adopted sons could live with him. After a little research, I stumbled across the Palms of Manasota (pictured above), which is situated bewteen Saratosa and St. Petersburg, in Palmetto, and offers affordable retirement living close to a multitude of universities and colleges, in a safe environment. 

The region of Palmetto has approximately 12,571 residents and has a low crime rate, and there are more than 15 educational facilities nearby, these include: Bradenton Beauty and Barber College, Florida College of Natural Health, the University of Miami, Argosy University, the Art Institute of Tampa, Eckerd College, Everglades University, Manatee Community College and Ringling College of Art and Design. For a more comprehensive listing of educational facilities please visit www.palmsofmanasota.com and click on links.

The Palms of Manasota was built for, and planned by, gays and lesbians, so that a safe, like-minded community could be developed for LGBTs who wished to retire. The community was completed in 1998 and is self-run by active men and women, who hail from diverse backgrounds, and encourage others to be a part of a fun-filled atmosphere. 

Villas in the Palms of Manasota include quality features and fittings, are energy efficent, and incorporate modern design aspects, so that residents can enjoy their lifestyle. All villa residents pay a monthly condo fee, which covers the cost of facility ammenities and villa maitenance. While the cost of the villas are unknown, there are currently 15 villas left for sale, with lake views, at what is referred to as 'affordable prices'.

For more details please visit www.palmsofmanasota.com

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By Jeff Adolph

Rental Properties

Reader, Barry, recently asked about retirement communities in Florida and North Carolina that were situated near colleges and employment, so that his adopted sons could live with him. After a little research, I stumbled across the Palms of Manasota (pictured above), which is situated bewteen Saratosa and St. Petersburg, in Palmetto, and offers affordable retirement living close to a multitude of universities and colleges, in a safe environment. 

The region of Palmetto has approximately 12,571 residents and has a low crime rate, and there are more than 15 educational facilities nearby, these include: Bradenton Beauty and Barber College, Florida College of Natural Health, the University of Miami, Argosy University, the Art Institute of Tampa, Eckerd College, Everglades University, Manatee Community College and Ringling College of Art and Design. For a more comprehensive listing of educational facilities please visit www.palmsofmanasota.com and click on links.

The Palms of Manasota was built for, and planned by, gays and lesbians, so that a safe, like-minded community could be developed for LGBTs who wished to retire. The community was completed in 1998 and is self-run by active men and women, who hail from diverse backgrounds, and encourage others to be a part of a fun-filled atmosphere. 

Villas in the Palms of Manasota include quality features and fittings, are energy efficent, and incorporate modern design aspects, so that residents can enjoy their lifestyle. All villa residents pay a monthly condo fee, which covers the cost of facility ammenities and villa maitenance. While the cost of the villas are unknown, there are currently 15 villas left for sale, with lake views, at what is referred to as 'affordable prices'.

For more details please visit www.palmsofmanasota.com

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By Jeff Adolph

Rental Properties

Reader, Barry, recently asked about retirement communities in Florida and North Carolina that were situated near colleges and employment, so that his adopted sons could live with him. After a little research, I stumbled across the Palms of Manasota (pictured above), which is situated bewteen Saratosa and St. Petersburg, in Palmetto, and offers affordable retirement living close to a multitude of universities and colleges, in a safe environment. 

The region of Palmetto has approximately 12,571 residents and has a low crime rate, and there are more than 15 educational facilities nearby, these include: Bradenton Beauty and Barber College, Florida College of Natural Health, the University of Miami, Argosy University, the Art Institute of Tampa, Eckerd College, Everglades University, Manatee Community College and Ringling College of Art and Design. For a more comprehensive listing of educational facilities please visit www.palmsofmanasota.com and click on links.

The Palms of Manasota was built for, and planned by, gays and lesbians, so that a safe, like-minded community could be developed for LGBTs who wished to retire. The community was completed in 1998 and is self-run by active men and women, who hail from diverse backgrounds, and encourage others to be a part of a fun-filled atmosphere. 

Villas in the Palms of Manasota include quality features and fittings, are energy efficent, and incorporate modern design aspects, so that residents can enjoy their lifestyle. All villa residents pay a monthly condo fee, which covers the cost of facility ammenities and villa maitenance. While the cost of the villas are unknown, there are currently 15 villas left for sale, with lake views, at what is referred to as 'affordable prices'.

For more details please visit www.palmsofmanasota.com

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LGBT Zipcodes -- Fort Lauderdale Home and Condo Sales Increase -- Florida

Residential Home and Condo Sales

Fort Lauderdale - Florida, one of GayRealEstate USA's gayest zip-codes is recording high home and condominium sales, according to the Florida Association of Realtors (FAR).

"Despite economic uncertainty and the start of the school year, which impacts August home sales, a number of Florida's metro areas continue to report an upcoming in housing activity," said FAR president Chuck Bonfiglio.

Fort Lauderdale, which is classed as a large to medium-sized market reported a total sales tally of 604 homes in August, a 12% increase when compared to 538 homes sold in August of 2007.

However, the median price of homes in this region has fallen by almost $100,000 when compared to last years figures. In August of 2007 the median value of homes in this region was $368,800, whereas today this figure hovers around $269,800, a 27% decrease. Condos in the area recorded a similar decrease in median vale at 25%.

Source: MarketWatch.com (2008) Several Florida Metro Areas Continue Upswing in Existing Home, Condo Sales in August of 2008, According to Florida Association of Realtors; available online at http://www.marketwatch.com

Image Source: www.luxuryportfolio.com and www.condohotel.com

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Rentals Increase

By Jeff Adolph

Home Price Rises

The current real estate market in places like Southern California, Florida, and Las Vegas is representing a favorable opportunity for those that are renting.

With so many homes on the market and many of these being vacant, and not selling as quickly as anticipated many home owners are electing to rent to cover their mortgage. and, this is presenting a win-win situation for those who are renting.

Firstly, with so many rentals on offer existing landlords are finding it difficult to raise rents. Secondly, rental prices are becoming more competitive with renters getting excellent deals and value leases. Thirdly, renters are also getting incentives in their leases so that they are encouraged to rent certain apartments over others.

Hessann Nadji, director of a real estate investment service in new York said, "What's different now is the degree of excess homes and condos being put on the rental market. The sheer volume is creating more competition for traditional rental markets. According to research data approximately 3.3 million homes and condos have come up for rent, and estimated increase of 6.1%, and this is attributed to a rise in condo developments, which developers are now finding hard to sell. For example - the number of homes for rent in Fort Lauderdale, Florida has risen by more than 11% to 10,000 units.

Ron Suffield, president of a Miami real estate firm said, "Our rental activity is about three times what it was three years ago. Today, for the first time ever for the firm, we're renting more properties than we are selling."

Main Story Source: CNN.com (2008) Renters Profit from Owner's Pain; available online at www.cnn.com

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By Jeff Adolph

Home Price Rises

The current real estate market in places like Southern California, Florida, and Las Vegas is representing a favorable opportunity for those that are renting.

With so many homes on the market and many of these being vacant, and not selling as quickly as anticipated many home owners are electing to rent to cover their mortgage. and, this is presenting a win-win situation for those who are renting.

Firstly, with so many rentals on offer existing landlords are finding it difficult to raise rents. Secondly, rental prices are becoming more competitive with renters getting excellent deals and value leases. Thirdly, renters are also getting incentives in their leases so that they are encouraged to rent certain apartments over others.

Hessann Nadji, director of a real estate investment service in new York said, "What's different now is the degree of excess homes and condos being put on the rental market. The sheer volume is creating more competition for traditional rental markets. According to research data approximately 3.3 million homes and condos have come up for rent, and estimated increase of 6.1%, and this is attributed to a rise in condo developments, which developers are now finding hard to sell. For example - the number of homes for rent in Fort Lauderdale, Florida has risen by more than 11% to 10,000 units.

Ron Suffield, president of a Miami real estate firm said, "Our rental activity is about three times what it was three years ago. Today, for the first time ever for the firm, we're renting more properties than we are selling."

Main Story Source: CNN.com (2008) Renters Profit from Owner's Pain; available online at www.cnn.com

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Around the Nation -- Residential Real Estate Update - Florida

By Jeff Adolph

State-by-state

Located in the southeastern region of the United States with a total population of 15,982,378 Florida is the 4th largest American state by population.

The economy of this state consists mainly of agricultural products and tourism with spectacular coastal stretches and a warm inviting climate.

There are no personal income taxes payable in Florida and property tax is based on fair market value, and assessed annually. Some homeowners in this region are also eligible for a $25,000 Homestead exemption depending on their circumstances.

Fort Lauderdale

Classed as an active sellers market this area is typically selling homes within 30 days, and houses are in limited supply. the median price for this region hovers between $280-$340,000 and prices are up by 10-15% compared to last year. Housing hot-spots are waterfront properties and town-homes in Victoria Park. Buyers are receiving multiple offers and family homes are selling quickly, with condos and town-homes hard to find.

Key West

The median price for homes in this region hovers around the $740,000 mark and prices are up by 15-20%. Key West and lower Florida Keys are considered hot spots with homes in limited supply. There is a strong demand for properties by baby boomer's and retirees. Typically, homes are on the market for 90 days and multiple offers are being submitted with buyers getting 95-100% of their asking price.

LGBT Real Estate Facts: There are 41,048 same-sex couples residing in the region, making it the 4th gayest state in the U.S.A. The gayest zip codes are 33305 & 33304 & 33312 Fort Lauderdale - Five Points, Sunrise and New River, 33139 South Beach, 33040 Key West, and 33138 Little Haiti/Miami Shores. -- gaydemographics.com

Main Story Source: House Hunt (2008) Real Estate Market Trends; available online at http://www.househunt.com

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The Attraction of Warmer Weather

By Jeff Adolph

Investment Opportunities

Many of us living in colder climates begin to dream of warmer weather after a few weeks of snow, mittens and heavy jackets. This is usually the time of the year that many of us think of possibly relocating or buying a second home in a more inviting climate.

This is why so many LGBT gravitate to areas like Fort Lauderdale.

It's not only the attraction of warmer climate it's also the attraction a steady realty prices and sound investment that draw many to the region.

As local real estate broker, Tom Schon said, 'the South Florida region real estate, which had recently plateaued, has since appreciated by 1-4%, because of supply and demand. Every year, we have a couple of hundred thousand of people moving here, so there's always a plateau, great escalation and then a plateau again.'

Typically, most people buy and sell real estate every 10-12 years; however South Florida turns over real estate every 3-5 years.

The gay population in Ft. Lauderdale and Miami Beach is vast and small towns just outside of these locations like Wilton Manors are beginning to gentrify because of the LGBT community.

This is seeing a higher sense of community established and a rise in real estate prices. In fact, Wilton Manor has doubled in value in the last ten years.

The price rises in areas like Wilton Manors may mean that some within the LGBT community cannot afford to live here. If this is the case there are some excellent up and coming areas in the region that may be more affordable.

According to Schon, North of Sunrise Boulevard and west of Anders Avenue in Fort Lauderdale are definite options.

Real Estate Fact: The average selling price in this region is around $400,000, however there are lofts being built in the $200,000-$300,000 range. --www.gfn.com

Source: Epstein, A (2008) Looking South to Florida; available online at www.gfn.com

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High Interest Displayed in Arts Development in Highly Populated Gay Area

By Jeff Adolph

Creative LGBT Developments

'Arts on Gaines', a newly proposed development in Tallahassee (pictured left), where artists could live,work and exhibit their creations has received high levels of interest in a recent survey.

According to Homeinsight.com, a real estate demographic site, Tallahassee and surrounding areas have a population of just under 244,000 people and it is said to have as high a gay population as Atlanta.

The development would not only revitalize Gaines Street but also offer mixed affordable housing for many artists, some of which are gay.

Local artist, Steve Fox (pictured left), who has been using his basement as an art studio for years, said he'd move into the development instantly if it was approved.

'A place like Arts on Gaines would be interesting because it would be a community', Fox said. 'Right now we're scattered all over the city and the country.'

The  Council on Culture and Arts recently conducted a survey that 332 artists completed. Of all the artists surveyed 166 said that they'd be interested in 'relocating to the multipurpose arts facility and 222 said they'd 'rent a studio or workspace.'

Peggy Brady, the councils executive director said, 'The responses were incredible. It really solidifies what this group of citizens has been doing for the past three years working toward point.'

Many in the area feel that current events may see a 20-year discussion about turning Gaines Street into an Arts and Entertainment district come to fruition.

Regional Real Estate Fact -The median home price of this region hovers around $137,000 and homes in the area are expected to gain in price by 10% over a 2-5 year duration -- homeinsight.com

Source: Pecquet, J (2008) Survey Shows High Artist Interest in Arts on Gaines; available online at www.tallahassee.com

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Renters Beware

By Jeff Adolph

LGBT Rental

In next month's ballot there are some tax-cut inclusions that could very well excite us, but politicians that state that renters will see reduced rents are probably jumping the gun.

Gov. Charlie Crist is one such politician, saying recently that, 'I'm a renter too. And, I'm hoping the landlord will pass along the saving.'

Veteran real estate agent in St. Pete, who is a waterfront specialist, Sharon Simms found Crist's comment, 'amusing'.

'If anything, it may slow rent increase, but I don't expect it to decrease any rents.'

So if you're renting, don't hold your breath for a rental price decrease because it is highly unlikely to happen.

Source: Maxwell, S (2007) Beware Politicians Who Say They Expect Rent Cuts; available online at www.orlandosentinel.com 

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Tom Wolfe -- Pansy Punchline Controversy

By Jeff Adolph

Special Interest

Best-selling author Tome Wolfe delivered a speech to an invitation-only crowd in Miami early this year on 'Art and Real Estate' that caused quite a stir.

Wolfe, a Yale graduate and ex-reporter has dabbled in both non-fiction and fiction. His most controversial being his 1975 book on the American art world, 'The Painted World,' as he referred to the art world as more of an 'art village,' depicting it as a small network.

Wolfe's speech, which divulged the secret formula for urban renewal was equally as controversial.

In the invitation-only crowd sat several prominent gay men, while the best-selling author dressed in his trademark white suit recalled a story of himself and a West Virginian coal miner, who had an interest in art.

Wolfe recollected expressing his suprize when the coal miner, a tough, rugged type, told him of his hobby.

the man looked as if I had called him a pansy or a flaming lulu,' Wolf said.

The diverse crowd was not amused, and the remark was referred to by the Miami Herald as a little odd especially coming from A dandy like Wolfe.'

Source: Roth's, S (2007) Pansy Punch Line not the Write Stuff; available online at http://miamiherald

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