If you’ve decided to purchase residential real estate in Southwest Florida, you’ll want to consider a vital question before you begin your search: Do you want to buy a condominium or a single-family house?

Houses and condos are both varieties of residential property that you can own and build equity in as an individual, according to Bankrate. However, they differ in numerous ways, and the ideal choice depends on your unique circumstances, including your budget, lifestyle, preferences, and plans.

If you’re contemplating buying a condo versus a house, here are some critical advantages and disadvantages to consider, according to Zillow, Bankrate, and NerdWallet. Note: The actual perks and drawbacks will vary depending on the specific property.  

Pros and Cons of Condos

Before you buy a condo, it’s essential to review the advantages and disadvantages of owning this variety of residential real estate. These are some of the possible pros and cons of owning a condo.

The potential benefits of choosing a condominium over a house include the following.

• Lower price
• Fewer maintenance obligations since the homeowners association (HOA) typically tackles exterior maintenance
• Amenities such as a gym, pool, or tennis court for community members
• Less expensive insurance rates since you aren’t responsible for the whole building
• A greater sense of community due to proximity to neighbors

However, there are possible pitfalls if you move into a condo instead of a single-family home. Here are a few common cons of condos compared to houses.

• Lack of privacy since you’re near your neighbors
• HOA fees and regulations
• More complicated financing process compared to buying a home as lenders might want to assess the HOA
• Harder to sell than a house, particularly if the HOA is problematic

Pros and Cons of Single-Family Houses

For residential real estate buyers leaning toward a house instead of a condo, there are potential perks and problems to mull over before moving forward with a purchase. Here are the common pros and cons of houses, according to the expert sources mentioned above.

The advantages of owning a single-family home instead of a condo can include the following:

• Easier to finance than a condo
• More opportunities for customization if you don’t have a HOA
• Simpler process if you decide to sell
• Greater privacy and distance from neighbors
• Higher rate of appreciation and speedier equity building

However, choosing a single-family house over a condo isn’t without its difficulties. Here are some possible drawbacks:

• Higher price
• More expensive insurance
• Greater maintenance responsibility (both exterior and interior)
• Lack of amenities condo buildings might include

At the end of the day, the right choice in the house versus condo debate will depend on your specific requirements, finances, and preferences for your living space. The Avalon Suncoast team can help you find your ideal property in Southwest Florida, whether you’re in the market for a house, condo, land or commercial property.

Start your search today by calling 941-235-7474 or emailing sales@avalonsuncoast.com.

The post Southwest Florida Condo vs. House: Pros and Cons of Each Property Type   appeared first on Southwest FL Real Estate.

SUNCOAST LAKES

MLS# C7414265
24436 LAKEVIEW PL, PORT CHARLOTTE, FL 33980

Suncoast Lakes gated community, luxury home. 3 bedrooms, 2 baths, 2 car garage. Screened lanai. Open floor plan with high ceilings. Split bedroom plan. Ensuite with duel sinks in master bath, garden tub with separate walk-in shower. Guest bath with tub-shower combo. Ceramic tile in kitchen and baths. Large, screened lanai Heated community swimming pool and playground.

Subdiv: SUNCOAST LAKES
List Price: $239,000
Beds: 3
Baths: 2/0
Year Built: 2006
Pool: Community
Property Style: Single Family Residence CDOM: 1
Lot Features: In County, Level/Flat, Street Paved
Total Acreage: Up to 10,889 Sq. Ft. Pets: Size Limit
Minimum Lease Period: 1 Month Max Times per Yr:
Garage: Yes Attch: Yes Spcs: 2
Heated Area:1,878 SqFt / 174 SqM
Total Area: 2,732 SqFt / 254 SqM
New Construction: No
Total Annual Fees:1,600.00
Average Monthly Fees:133.33

Land, Site, and Tax Information
Legal Desc: SUL 000 0000 0017 SUNCOAST LAKES LOT 17 2605/2141 2605/2194 2836/1819
SE/TP/RG: 18-40-23
Zoning: PD
Tax ID: 402318411004
Front Exposure: South
Lot Dimensions: 79x110x56
Lot Size Acres: 0.17
Lot Size: 7,409 SqFt / 688 SqM

Interior Information
A/C: Central Air
Heat/Fuel: Central, Electric
Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected
Sewer: Public Sewer
Water: Public
Heated Area Source: Public Records
Appliances Incl: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
Flooring Covering: Carpet, Ceramic Tile
Interior Feat: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Downstairs, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
Room Type Level Dimen Flooring Features
Kitchen First 15×17 Ceramic Tile Bar, Ceiling Fan(s), Closet Pantry
Great Room First 19×26 Carpet Ceiling Fan(s)
Laundry First 6×8 Ceramic Tile Other – Specify In Remarks
Master Bedroom First 13×20 Carpet Ceiling Fan(s), Walk-in Closet(s)
Master Bathroom First 9×9 Ceramic Tile Dual Sinks, Garden Bath
Bedroom 2 First 8×12 Carpet Ceiling Fan(s)
Bedroom 3 First 12×13 Carpet Ceiling Fan(s)
Bathroom 2 First 5×8 Ceramic Tile
Balcony/Porch/Lanai First 15×23 Concrete Ceiling Fan(s)

Exterior Information
Ext Construction: Block, Stucco
Roof: Shingle
Garage Dim: 20×20
Ext Features: Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
Pool: Community Pool Dimensions::
Patio And Porch Features: Enclosed, Screened
Foundation: Slab

Community Information
Community Features: Deed Restrictions, Playground, Pool, Sidewalk
Fee Includes: Community Pool, Maintenance Grounds
HOA / Comm Assn: Yes HOA Fee: $400 HOA Pmt Sched: Quarterly
Pet Size: Very Small (Under 15 Lbs.) # of Pets: 1
Association Approval Required: Yes
Lease Restrictions: Yes
Years of Ownership Prior to Leasing Required: No
Approval Process: Association must approve renters
Additional Lease Restrictions: Renters no pets

Realtor Information
List Agent: James Mulligan
List Agent ID: 274501180
List Agent Direct: 941-235-7474
List Agent E-mail: sales@avalonsuncoast.com
List Office: SUNCOASTEAM REALTY LLC
Financing Avail: Cash, Conventional Association/Manager Name: Star Management
Driving Directions: Kings Highway to Suncoast Lakes Blvd to gated entrance.

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Port Charlotte Remodeled Home

C7411796, 22483 OLEAN BLVD, PORT CHARLOTTE, FL 33952
Port Charlotte Remodeled Home for sale. Welcoming, open floor plan. Remodeled kitchen (great room) and baths. Living room, dining room and kitchen flowing together for modern great room design. Separate den/TV room. Master bedroom with sliders to large, breezy lanai. Extra large, fenced corner lot, 100’x125′. mature landscaping with oak trees. Room for gardening, toys and more. Storage shed 8×12. Out of flood zone so no flood insurance required. Refrigerator, dishwasher, range and microwave all new in December 2017 with transferrable extended warranty. New AC in October 2016. Exceptionally energy efficient with tankless water heater. Average electric bill $80. Entire home repiped in March 2018 with transferrable warranty. Floor plan, survey, property disclosure, electric usage chart all available upon request.

Port Charlotte Remodeled Home Features

Subdiv: PORT CHARLOTTE SEC 013 List Price: $194,500
Beds: 3 Year Built: 1974
Baths: 2/0
Year Built: 1974
Pool: None
Property Style: Single Family Residence
Lot Features: In County, Level/Flat, Oversized Lot, Street Paved
Total Acreage: 1/4 Acre to 21779 Sq.Ft.
Pets Permitted: Yes, domestic pets only
Garage: Yes Attached: Yes Spaces: 2
Garage/Parking Features: Driveway, Garage Door Opener
Heated Area:1,757 SqFt / 163 SqM
Total Area: 2,936 SqFt / 273 SqM
Flood Zone Code:X, Out of Flood Zone

Land, Site, and Tax Information
Legal Desc: PCH 013 0559 0022 PORT CHARLOTTE SEC13 BLK559 LT 22 329/302 419/247 430/240 590/501618/1683 1290/844 DE1305/1648-50 2515/817 2643/594 AFF2907/469
SE/TP/RG: 23-40-22
Zoning: RSF3.5
Block/Parcel: 559
Lot #: 22
Tax ID: 402223229010
Zoning Comp: Yes
Front Exposure: North
Taxes: $1,053 Tax Year: 2018
Homestead: Yes – This is a Homesteaded property, the primary residence of the seller. Property taxes will reassess at sale.
Ownership: Fee Simple
SW Subd Name: Port Charlotte
Flood Zone: X Flood Zone Date: 05/05/2003 Flood Zone Panel: 12015C0227F
Total # of Floors: 1
Lot Dimensions: 100×125 Lot Size Acres: 0.28 Lot Size SqFt: 12,365

Interior Information
A/C: Central Air
Heat/Fuel: Central, Electric
Utilities: Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected
Sewer: Public Sewer
Water: Public
Fireplace: No
Heated Area Source: Public Records
Appliances Incl: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Flooring Covering: Carpet, Ceramic Tile
Interior Feat: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Downstairs, Open Floorplan, Split Bedroom, Walk-In Closet, Window Treatments
Room Type Level Dimen Flooring Features
Master Bedroom First 13×12 Carpet Ceiling Fan, Shower – No Tub
Bathroom 2 First 13×12 Carpet
Bathroom 3 First 13×10 Ceramic Tile
Living Room First 22×12 Ceramic Tile Ceiling Fan
Dining Room First 13×10 Ceramic Tile
Kitchen First 13×10 Ceramic Tile Ceiling Fan
Family Room First 13×11 Carpet
Florida Room First 24×13 Carpet
Breezeway First 17×13 Concrete

Exterior Information
Ext Construction: Block
Roof: Shingle
Garage Dim: 19×24
Property Description: Corner Unit
Architectural Style:Florida
Ext Features: Fenced, Rain Gutters
Patio And Porch Features: Covered, Enclosed, Rear Porch, Screened
Foundation: Slab
Garage/Parking Features: Driveway, Garage Door Opener

Community Information
Max Pet Wt: None Pet Restrictions: Domestic pets
Lease Restrictions: No
Years of Ownership Prior to Leasing Required: No
Number of Ownership Years Prior to Lease: 0

Realtor Information
List Agent: James Mulligan
List Agent E-mail: sales@avalonsuncoast.com
List Agent Cell: 941-456-3034
List Agent 2: Debra Hanson
List Agent 2 Phone: 941-681-6402
List Agent 2 Email: dhanson@suncoasteam.com

List Office: SUNCOASTEAM REALTY LLC
List Office Phone: 941-235-7474
Financing Avail: Cash, Conventional
Association/Manager Phone:

Showing Instructions: Appointment Only, Call Listing Agent
Driving Directions: Home at corner of Olean and Beacon.

For more information regarding this Port Charlotte Remodeled Home or to schedule a private viewing, please call Your Suncoasteam at 941-456-3034 or email: sales@avalonsuncoast.com. Click this link to view other Port Charlotte Homes For Sale.

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Waterfront Penthouse on Lemon Bay
County: Charlotte
Subdiv: HARBOURVIEW CONDO
List Price: $999,000
Beds: 3 Year Built: 2007
Baths: 2 and 1/2
Pool: Community
Style: Condo
Location: End Unit, Waterfront on Lemon Bay
Pets: Yes
Minimum Lease Period: 1 Month
Garage/Carport: 4 Car Garage, Door Opener, Guest Parking, Oversized, Secured Parking
SqFt Heated: 3,174

Land, Site, and Tax Information
SE/TP/RG: 12-41-19
Tax ID: 411912627003 Zoning Comp: Yes Front Exposure: South
Taxes: $13,035.00 Tax Year: 2016
Legal Desc: HRV 000 1410 0302 HARBOURVIEW CONDOMINIUM BLDG 1410 UN 302 3227/666&GU302&SU302 3652/1558&GU302&SU302 CD3658/1782
Ownership: Condominium
Book/Page: 17-20A Floor #: 3 Flood Zone: AE
Water Frontage: Lemon Bay Waterfront Ft: 1,186
Water Access: Bay/Gulf, Intracoastal Waterway, Marina Water Name: LEMON BAY
Water View: Bay/Harbor – Full Water Extras: Bridges – No Fixed Bridges, Dock – Slip Deeded On-Site, Sailboat Water

Interior Information, Waterfront Penthouse on Lemon Bay
A/C: Central Floor Covering: Carpet, Ceramic Tile
Heat/Fuel: Central, Fuel – Electric
SqFt Source: Public Records
Utilities Data: Cable Connected, County Water, Public Sewer
Interior Layout: Formal Dining Room Separate, Great Room, Open Floor Plan, Split Bedroom, Volume Ceilings
Interior Feat: Cathedral/Vaulted Ceiling, Ceiling Fan(S), Crown Molding, Elevator, Fire Sprinkler, Smoke Alarm(S), Solid Surface Counters, Solid Wood Cabinets, Tray Ceiling, Wet Bar, Window Treatment
Master Bath: Bidet, Dual Sinks, Tub with Separate Shower Stall
Appliances Incl: Built In Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Hot Water Electric, Microwave, Microwave Hood, Oven, Range, Refrigerator, Washer, Wine/Bar Refrigerator
Kitchen Feat: Breakfast Bar, Island
Additional Rooms: Inside Utility

Balcony/Porch/Lanai 8×23 Concrete
Kitchen 16×16 Ceramic Tile

Master Bedroom 13×24 Carpet
2nd Bedroom 12×13

3rd Bedroom 10×12 Carpet
Dining Room 13×22

Living Room 23×24

Exterior Information
Ext Construction: Block, On Piling, Stucco Description: End Unit, Penthouse, Three Story
Roof: Built Up Garage Dim: 40×24
Ext Features: Patio/Porch/Deck Open, Sliding Doors, Storage
Pool: Heated Pool, In Ground

Community Information
Community Features: Boat Slip, Buyer Approval Required, Dock, Elevators, Gated Community, No Truck/RV/Motorcycle Parking, Security, Storage, Tenants No Pets, Waterfront Complex
Maintenance Includes: Building Exterior, Escrow Reserves Fund, Flood Insurance, Ground Maintenance, Insurance Building, Maintenance/Repairs, Manager, Roof, Water/Sewer
HOA / Comm Assn: Required HOA Fee: $3,154.00 HOA Pmt Sched: Quarterly
Pet Size: Large, # of Pets: 2
Pet Restrictions: The rules do not mention a maximum pet size.
Can Property be Leased: Yes
Association Approval Required: Yes
Lease Restrictions: Yes
Building has Elevator: Yes, Private to Penthouse.
Years of Ownership Prior to Leasing Required: No
Approval Process: One month minimum rental. Owner to provide Manager with completed Renter/Guest Registration form with names, dates, vehicle information, and contact information prior to check-in date. Owner to provide Renters with the Harbourview Rules & Regulations.
Additional Lease Restrictions: Tenants cannot have Pets

Realtor Information
List Agent: James Mulligan List Agent Direct: 941-235-7474
List Agent E-mail: sales@avalonsuncoast.com List Agent Cell: 941-456-3034
Office: SUNCOASTEAM REALTY LLC Office ID: 274500575
Original Price: $999,000
Financing Avail: Cash, Conventional

Driving Directions: From the intersection of 776 and Beach Road go west on Beach Road over the Tom Adams Bridge and the condos (multi-colored) are on your right. Gate code required.
Buyer can choose one of two boat slips at Sandpiper Key Yacht Club #43 a 50’ and #21 a 24’. Number 21 is included with a full price offer. #43 will be an additional $35,000. Separate maintenance fee apply for dock. $600/yr for 43, $400/yr 21.

Luxury Waterfront Condos in Southwest Florida

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Port Charlotte Tropical Paradise

1365 BLAISDELL ST, PORT CHARLOTTE, FL 33980 – $289,000

County: Charlotte
Subdiv: PORT CHARLOTTE SEC 012
Beds: 4 Year Built: 2007
Baths: 2/0
Pool: Private
Style: Single Family Home
Location: In County, Level, Lot – Oversized, Pool View, Street Paved, Wooded View
Total Acreage: 1/2 Acre to 1 Acre
Minimum Lease Period: No Minimum
Garage/Carport: 2 Car Garage, Attached, Covered Parking, Door Opener, Other
LP/SqFt: $129.54
SqFt Heated: 2,231
Total SqFt: 3,093

SE/TP/RG: 12-40-22 Zoning: RSF3.5 Section #: 12
Block/Parcel: 1619
Tax ID: 402212431005 Front Exposure: East
Taxes: $2,142.00 Tax Year: 2016
Homestead: Yes C
Add Parcel: Yes
Legal Desc: PCH 012 1619 0025 PORT CHARLOTTE SEC12 BLK1619 LT 25 217/455 486/880-82 DC1218/26 PR02-161 2003/1808 DC1997/489-RB PRD2120/779 2675/777 PCH 012 1619 0026 PORT CHARLOTTE SEC12 BLK1619 LT 26 217/455 486/880-82 DC1218/26 PR02-161 2003/1808 DC1997 Mill Rate:
Ownership: Fee Simple
Flood Zone: X
Existing Lease or Tenant: No
Lot Dimensions: Lot Size Acres: 0.53 Lot Size SqFt: 22,875

A/C: Central
Floor Covering: Carpet, Ceramic Tile
Heat/Fuel: Central, Fuel – Electric
Security Sys: Yes
SqFt Source: Public Records
Utilities Data: BB/HS Internet Avail, Electric, Septic, Street Lights, Well
Interior Layout: Breakfast Room Separate, Eating Space In Kitchen, Great Room, Living Room/Great Room, Master Bedroom Downstairs, Open Floor Plan, Split Bedroom, Volume Ceilings
Interior Feat: Attic, Blinds/Shades, Ceiling Fan(S), Inside Utility, Smoke Alarm(S), Unfurnished, Walk In Closet, Washer/Dryer Hookup, Window Treatment
Master Bath: Tub with Separate Shower Stall
Appliances Incl: Dishwasher, Disposal, Dryer, Hot Water Electric, Kitchen Reverse Osmosis Sys, Microwave Hood, Oven, Range, Refrigerator, Washer, Water Softener Owned
Kitchen Feat: Breakfast Bar, Closet Pantry, Desk Built In
Additional Rooms: Den/Library/Office, Foyer, Inside Utility

Living Room 20×20 Ceramic Tile
Dinette 10×10 Ceramic Tile

Kitchen 13×13 Ceramic Tile
Den/Library/Office 12×12 Ceramic Tile
Dining Room 13×11 Ceramic Tile
2nd Bedroom 11×10 Carpet
3rd Bedroom 12×11 Carpet
4th Bedroom 11×11 Carpet
Master Bedroom 16×14 Carpet
Balcony/Porch/Lanai 20×59
Balcony/Porch/Lanai 25×9

Ext Construction: Block, Stone
Description: One Story
Roof: Shingle Garage Dim:
Ext Features: Fruit Trees, Gutters / Downspouts, Hurricane Shutters, Irrigation System, Mature Landscaping, Oak Trees, Patio/Porch/Deck Covered, Patio/Porch/Deck Screened, Satellite Dish, Screen/Covered Enclosure, Sliding Doors, Utility Shed
Pool: Gunite/Concrete, Heated Pool, In Ground, Screen Enclosure
Pool Dim: 25×14

HOA / Comm Assn: None
Can Property be Leased: Yes
Association Approval Required: No
Lease Restrictions: No

List Agent: James Mulligan List Agent Direct: 941-235-7474
List Agent E-mail: sales@avalonsuncoast.com
Office: SUNCOASTEAM REALTY LLC
Office ID: 274500575

Financing Avail: Cash, Conventional
Driving Directions: Loveland from corner of Peachland, south to Altman, turn right. Left on Blaisdell. Home on left at corner of Elizabeth and Blaisdell.

Port Charlotte Homes For Sale

Port Charlotte Tropical Paradise

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