When I first visited the 30A area, I knew it was somewhere special. My family and I were in awe of the scenery and welcoming feeling in each place we passed through. Everyone we encountered was friendly and you could sense the pride they had in their community. We started thinking that 30A would be a great place to purchase a vacation home for our own use and to rent out.
I had always been interested in investing in real estate but wasn’t entirely sure where I wanted to start. Once I saw the 30A beaches, I was sold and knew that I wanted to see them again and again. The beauty of the turquoise waters and pristine white sand are the main reason why vacationers flock to 30A. The beaches are clean, safe, and less crowded than most Florida beaches.
The beach wasn’t the only reason though. One of the most unique things about the 30A area is that there are about 25,000 acres of protected forest, wetlands, and rare dune lakes to explore. There are not many places you can find beautiful beaches and so many opportunities to be engulfed in other natural environments too. The rare coastal dune lakes grabbed my attention because they are only found in a handful of places in the world. Dune lakes are a natural phenomenon where fresh water meets saltwater, separated only by a natural berm of sand. When it rains heavily, the waters mix and create a brackish ecosystem where both fresh and saltwater species can survive. All year long you can find nature lovers and families visiting the South Walton 30A corridor to see the rare dune lakes.
With all the 30A area had to offer I only had one more thing to really consider, the return on investment. Every real estate investor wants to find a home that builds equity while it brings in rental income. I started researching and found that the home values in the 30A corridor have good appreciation that is normally higher than national averages. I also took into consideration that approximately 40% of the 30A area is protected, which “tips” the scales when considering supply and demand. There is only so much land available to develop, and that supply is being reduced as the area continues to grow. The notion that 30A, even if every inch of developable land is developed, will not be another overdeveloped and overcrowded beach destination, made it even more attractive to me.
In addition, I looked at the data regarding visitors by season. The 30A area really sets itself apart when it comes to attracting vacationers, and not just during the Summer months. As with most beach destinations, Winter months are the slowest, but 30A hosts many events during these months that entice tourists to make a trip. The 30A Songwriters Festival is one of these events, and it draws visitors and artists from all over the country. So, while 30A has the same slower seasons, they have more to offer year-round than other beach destinations.
Who I would be renting to was also important to me. Renting out a home means opening yourself up to the possibility of damages to your property caused by renters. This isn’t something often encountered by those who rent to vacationers (more so applies to residential), but I wanted to know about anything that could even remotely affect my investment income. So, I looked at the data on visitor demographics for 30A. I found that 30A was mostly a family vacation destination, but also attracted young professionals and retirees. These were exactly the type of renters I wanted.
Current Spring 2019 tracking data from Downs & St, Germain Research, shows the same is still true. The typical vacationer is 51 years old. The top reason for visiting is family vacation. Even during Spring Break, while nearby Panama City Beach and Destin tend to attract the lively college crowd, 30A is mostly filled with families. For your first rental property, having responsible renters is priceless! This is true for residential and/or vacation rentals in my opinion.
I have been extremely happy with my 30A real estate investment (see my vacation home here!). So happy that my family and I are already looking at purchasing another. If you are interested in investing in a luxury beach property on 30A, having a Realtor who knows the local area is a must. I pride myself in providing knowledgeable service to those looking to buy or sell a home in the 30A area.
John LaForte , Realtor
Berkshire Hathaway HomeServices Beach Properties of Florida
Florida’s Scenic Highway 30A stretches 24 miles along the Emerald Coast. Many people are drawn to the area because of the white sand beaches and crystal blue waters. But that’s not all this area has to offer.
The 30A area is a great place to call home. Dotted with unique beach communities, brimming with small town charm and luxury amenities, many people decide to make this eutopia their permanent residence.
The 30A area is a hot market for home buyers. The 25,000 acres of protected state forests and dune lakes prevent over-development, and that means property here is in high demand.
So, how do you find your perfect 30A dream home? The first step is finding a Realtor who is familiar with the area and what each 30A community has to offer. A knowledgeable Realtor is a vital resource when home shopping. They can help you decide which community aligns with the lifestyle you are looking for, and then find a home that fits your needs.
After you select a Realtor, you can use these three tips as a guideline to find your perfect piece of real estate along 30A.
Finding your dream home in the 30A area doesn’t have to be difficult. With these tips, and a good Realtor, you can make your dream of living a luxurious beach life a reality!