"We found Florida Luxury Homes For Sale through Florida Home Buyer Guide"
Florida Luxury Homes For Sale
Florida luxury homes are highly sought after by elite and wealthy Florida residents. Vacationers are also interested in purchasing Florida luxury homes as perfect getaways where they can while away the winter months.
Luxury homebuyers usually get everything they want up front because extras can be more difficult and expensive to install later on. To avoid delays, builders of the usual homes keep upgrades to a minimum; but luxury buyers, whose homes take a year or two or more to complete, are given free reign to choose the most unique accessories for their Florida luxury homes.
Who buys and lives in these modern day palaces?
According Coldwell Banker Real Estate Corporation, a big player in the Florida luxury homes market, the entry fee to the exclusive club of luxury homeowners is more than $1 million. These luxury homeowners have financial clout, similar career paths and are middle-aged, according to data compiled by Coldwell.
According to the survey conducted by Coldwell Banker
- 31 percent buy homes with cash
- 17 percent who took out a mortgage put down 50 percent
- 68 percent are buyers with "new money"
Most of the people looking to purchase Florida luxury homes are large business executives. Sixty-six percent are from the "baby boom" generation (between the ages of 35 and 55) and 88 percent of luxury homebuyers are married.
What To Expect from Florida Luxury Homes
Luxury homebuyers are not looking for home to just live and be comfortable. They want impressive digs to dazzle their guests with. They want their Florida luxury homes to include a media/entertainment room with theater-style seating, they want full-scale gyms, and they want indoor pools and ballrooms. They want the latest technology, most modern gadgets and also the old world charm. They just won't settle for things as they are - most of these buyers plan major renovations before settling down in their million-dollar Florida luxury homes.
