Construction By Tom Smith
There is little opportunity today to be able to purchase a new “Key West” style townhouse within one block from the beach. Then, too, the Madeira Beach Walk townhomes are fee simple ownership (no Condo Commandos or monthly association fees!!). These townhomes are elevated to FEMA standards and built to all the new Florida hurricane codes. Even better, these townhomes will be priced below $495,000!
Announcing, “Madeira Beach Walk”, just one block from our beautiful sand beach of the Gulf Coast. These townhomes will have 3 bedroom, 2 bath, 2 car garages, and all updated cabinetry, granite, appliances, and new designs. Added benefits are that while purchasing a newly built townhome, homeowner insurance rates are considerably less due to being constructed under the latest hurricane codes, and of course, no high flood insurance to pay annually. Many families are now experiencing extremely high rates for just flood insurance due to federal changes in the FEMA requirements, sometimes $10,000 to $18,000 just for flood insurance annually! That’s a budget buster. However, that doesn’t apply to all new structures raised above designated FEMA elevations. Flood insurance for newly constructed homes built to FEMA standards is less than $600 per year.
For many of the families that come by our model home in Madeira Beach, their main concern is being able to be within walking distance to the beach. That becomes even more important as we all witness the great increase in car traffic annually along Gulf Blvd each year. Getting to the beach is becoming a marathon event, not to mention trying to find a parking space. Being just one short block from the beach makes the Florida lifestyle even more appreciated. And, it is just a modest walk to Johns Pass for all of the fun events, stores, and restaurants, while again not having to fight traffic or parking. Not bad!
I mentioned above that these townhouses will have fee simple ownership, not having to conform to stringent condominium laws. There is no association to worry about or the very high monthly fees that are always associated with condos. And best of all, if you are not quite ready to live full time in your new Madeira Beach Walk townhouse, the residential rental market is quite hot now. A family could lock in today’s price, receive rental income, and move in a few years from now when retirement becomes full time.
Is today a good time to buy? The market has an almost non-existent inventory of newly constructed townhouses designed with the Key West look today, and built to all new FEMA and building codes. Purchasing older inventory doesn’t make much sense when today’s new home product costs about the same. If you are possibly considering a Florida townhouse for now or future years, consider coming by our model to discuss that possibility.
GHD Construction Services, Inc. has constructed 6,500 homes since 1971, and announces our GHD Coastal Homes for the Pinellas Beaches. Come visit our “Key West” Home at 239 144th Ave. N, Madeira Beach.
If you have any questions pertaining to new home construction, feel free to come by the GHD model, call at (727) 954-8345, or email to: tweisser@ghdcsi.com.
Meanwhile, look us up on our web site at www.GHDCoastalHomes.com.