Every winter, Boca Raton becomes the epicenter for seasonal residents from the northeast ready to enjoy the fabulous weather, great golf and company of friends. In fact, a new report from Realtor.com identifies South Florida as the third-fastest-growing rental market in the country. Now, with Southwest Florida visitors displaced due to the impact of Hurricane Ian, the availability of quality properties for seasonal rental has been depleted.
After considering the alternative of staying up north this year, many Boca Raton seasonal residents have made the decision to secure a property of their own instead of being locked out of the fun. While lower home inventories have also impacted the for-sale market, Boca West’s 55 villages provide an excellent resource to meet this growing challenge.
Recognized as the Nation’s #1 Private Residential Country Club Lifestyle, Boca West has become one of the most popular addresses in all of Florida. The community’s on-site real estate experts, Boca West Realty, have seen the market surge as buyers discover and appreciate the award-winning lifestyle and premier location of this private club community. See why snowbirds are no longer looking to rent after discovering Boca West.
Financial Benefits Abound
As the demand for seasonal rentals continues to skyrocket, so has their monthly rate. A new study from researchers at FAU and FGCU showed that South Florida rentals are priced 22% above market, making it one of the most overvalued rental markets in the U.S. With the ability to purchase a fully renovated at Boca West from under $400,000 (including club membership), many residents are investing in their seasonal lifestyle, securing a long-term solution. Additionally, for those thinking long term, Florida is one of just seven states in the nation that doesn’t collect state income tax and does not impose any estate or inheritance taxes. Moving to Florida from states like New York, New Jersey or Massachusetts can result in saving thousands of dollars every year in taxes alone.
A Boca Raton Address
When purchasing a second home, savvy consumers understand the true value of Boca Raton’s real estate market. A Boca West home not only provides resort-style living and endless activity, but its residents enjoy the peace of mind of living in a gated, private club community with on-site security and emergency, a thriving club lifestyle and robust community services. Located in the heart of one of the world’s most desirable cities, endless cultural events, entertainment and sporting activities are available. For buyers who maintain their northern residence, the Boca West lock-and-leave lifestyle is especially appealing.
72 Holes of Championship Golf and Resort-Style Amenities
With not just one but four championship golf courses, Boca West brings golf to a whole other level. Designed by golf legends Arnold Palmer, Jim Fazio and Pete Dye, the Boca West golf courses provide a variety of landscapes for different playing styles. Beyond the greens, Members have access to 29 tennis courts, 14 pickleball courts, 400,000 sf of Club amenities, and over 600 annual events, ensuring there is something for every member of the family to enjoy. A $45 million Club expansion at the new Lifestyle & Racquet Center is scheduled for completion in the Spring and will soon provide an expanded state-of-the-art fitness center, a spectacular spa, multiple rooftop terraces, a game room, new on-site dining venues, an expanded aquatics center, and more.
Boca West’s popular Stay & Play Program is already booked for the 2023 season, with limited availability for Spring visitors. This innovative program allows future homebuyers to enjoy a taste of the Boca West lifestyle before making a purchase decision. The three-day/ two-night package offers accommodations for two in a beautifully appointed condominium. Guests will enjoy many of the benefits of being a Boca West Country Club Member, including breakfast, lunch, and dinner daily in the seven, private on-site dining venues. Guests will also have a choice between a round on one of four championship golf courses, or court time on the tennis and pickleball courts.
A Wide Variety of Homes Available
Situated on 1,400 acres of lush tropical landscaping, waterways, and wooded preserves, Boca West Members live in a natural paradise. 55 unique neighborhoods provide a renowned lock-and-leave lifestyle with a high priority on safety and convenience. From single-family homes and maintenance-free villas to the new, contemporary-designed Akoya luxury condominium, 3,500 homes provide a style to match every taste, size, and price point. Newly renovated residences with designer finishes and features are also available through Boca West Realty’s Renovator Program.
The on-site experts at Boca West Realty are ready to assist in the search for seasonal rentals or home ownership at Boca West. To be among the first to learn about new listings, register your interest at BocaWest.com. Boca West Realty’s new Welcome Sales Center is open daily, located just outside the community’s Glades Road Gates entrance. Contact Boca West Realty at 561.665.5855 to schedule a private Club tour or stop by for a real estate preview today.