Tallahassee is the state capital of Florida located in the Leon County; the city is home to over 186,000 people while the population in the metro-area is over 400,000. The city is renowned for its concentration of colleges, which includes two public universities; the Florida State University and Florida Agricultural and Mechanical University a historically renowned black university. Others are the Tallahassee Community college and Barry University. The largest industries in Tallahassee FL include tourism, printing and publishing, food processing and the lumbering industry.
Tallahassee business leaders, residents, and realtor’s appreciate all the elegant amenities the city has to offer its inhabitants; irrespective of age, culture or demographics. The real estate landscape in Tallahassee Florida is affordable, coupled by opportunities ranging from recreational diversity to cultural offerings. The city offers numerous job opportunities, quality health-care, affordable cost of living and a pleasant weather. These factors have all added up to make Tallahassee Florida one of the best places to settle, in the United States.
Attractions in Tallahassee Florida
The southern Florida’s city attractions are numerous; they include rolling hills, plantation homes, research centers such as the Tall timbers research facility, museums and art galleries such as the Goodwood museum and gardens, and Mary Brogan museum of science and arts. The other attractions are parks, bars, oak canopied roads, natural habitat-zoo, Shell Point Beach and the magnificent state legislature. The new state capitol building rises above 22 stories, providing a splendid view of the city.
Some of the reasons that have made the Tallahassee Florida real estate industry vibrant and worth buying, living or investing in; include advantages such as fantastic weather, fast growing community, geographical location, healthy community, and vibrant real estate market. The climate in Tallahassee offers four seasons of excellent weather; temperatures of over 90 degrees are recorded in a period less than 90 days. While temperatures of less than 35 degrees, occur in a period that spans less than one month.
The community in Tallahassee, Florida is small, but ever developing. The community is exceptionally friendly and diverse. The city offers numerous healthy living amenities that enable the residence to keep fit; these include miles of walking trails, city swimming pools, Yoga facilities, numerous fitness centers, and spas and sports courts. The city’s leading hospitals are equipped with modern state of the art diagnostic equipment and experienced staff.
Tallahassee Florida is located 25 miles from the Gulf of Mexico. The city is in proximity to the Georgia State-line and the coast; it is also 103 miles by road from the Panama City International Airport. In terms of business, the city of Tallahassee FL is home to a number of acclaimed restaurants and chain stores, among other specialty shops, and family owned retail stores.
The Tallahassee real estate market is vibrant and affordable. Typically, the real estate investment generates cash flow through; capital appreciation, net operating income, tax shelter or offsets and by a way of equity build-up. The city has many homes available for rental and purchasing; these include single family homes, town homes and condominiums. Among the real estate incentives offered to real estate investors in Tallahassee Florida are lower property tax, and Free State Tax. These incentives are a great attraction to residents and those relocating to Tallahassee.
The Tallahassee real estate industry promises investors excellent returns on investment both in the short term and long term market niches. The interest rates charged on homes in the area is also comparatively low; the other advantage to real estate investors is that, because families grow and retire in Tallahassee, the rates of home buying and development is faster and sustainable than in most other cities. These developments have given rise to an increase in the median home prices; last registered as recent as the first quarter of 2013.
The state of Florida is exceptionally friendly to corporations, business-partnerships and individuals interested in investing the real estate industry. When planning to set up a real estate corporation; fundamental guidelines and procedures need to be followed. The Florida Department of State regulates all the essential business fillings; the process begins by obtaining all the appropriate forms, which include the form of incorporation. Despite the lucrative real estate ventures in Florida, the state advances some of the lowest fees of incorporation. The forms can be requested via phone or printed over the internet.
Some of the financing and mortgage loan options available for real estate investors in Florida include Condominium loans, commercial loans, refinance loans, long term loans, fixed rate loans, FHA loans, and the first time home buyer loan among other financing options. Additionally real estate can also be purchased or sold through the Federal government run agencies such as Freddie Mac and Fannie Mae. Other sources include public auctions, real estate agents, banks, and private sales.
According to a recent housing report by a prominent estate agent Trulia, the Tallahassee FL area average cost per square-foot of real estate was quoted at about $93 in the year 2013. While, the median sales-price range for homes in the area averaged $152,200 in the beginning of October 2013; this figure was an impressive 1.5% rise from 2012. The recorded average home listing price as at the end of January 2014 for the properties tagged for-sale in Tallahassee FL was quoted at $203,100. Statistically the most priced neighborhoods in Tallahassee FL include Summerbrook, Killearn Acres, and Betton Hills.
Tallahassee Florida is a superb location to live and invest since its stature as a retirement location and an exceptional real estate investment market is growing. The city is a major business and agricultural magnet in the Florida panhandle area. The city is served by the nearby Tallahassee Regional Airport, Tallahassee Commercial Airport and the Black Creek Pass Airport-FA-25. The place is also ideal for raising kids because Tallahassee has outstanding schools and attractive recreational outlets. The nature and nurturing environment include such offerings as the City of Tallahassee Parks and Recreational Facilities, lakes, among other educational resources.