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Investments in Perdido Key Florida

Todays Date: December 15, 2018

If I was free to buy a condo someplace in this country it would be Perdido Key Florida. There are a few reasons. Number one is that there are awfully few hotels in the locale, so you can rent them out. The view on the beach is just gorgeous over the Gulf of Mexico. You are close to both Alabama and Florida and even Mississippi.

I previously traveled to this area for the Mullet Toss. It is a beach celebration where people throw a fish from Florida to the Alabama line. It was a fantastic beach party, with a lot of things to do. The thing I love about this area is that it is so laid-back. You can go all over the place in just a bathing suit, or a t shirt. You dont need to be all fancied up to go out to have a meal.

If you are looking to travel to this area you are going to rent a condo. There literally are no hotels in this city that I am conscious of. Everything there is vacation rentals. This is not a unpleasant thing, because you can actually get a nice place right on the beach with a balcony for less than you can get a hotel room.

There are many property managers that run the condos, so if you are looking for an asset this is a great place to invest. You can by a condo, and then take a vacation to it for a few weeks a few times a year. Then the other 48+ weeks you can lease it out like a hotel room by hiring one of these property management firms.

The only competition you have is other condo owners. This allows you to travel free, and you can actually depreciate the cost of the condo over time since it is an investment property.

There are some tips though if you can invest and you are just traveling to the area. Most of the hotel websites that rent hotels, also rent condos in the area just like hotel rooms. You can save a lot of cash by simply getting a condo this way.

Simply visit a discount hotel site and search for Perdido Key Florida and book yourself in one of those beach front condos. Keep in mind they are STILL rebuilding from the destruction of Hurricane Ivan. It is still just a beautiful place to stay.

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