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Can a Condotel Be Homesteaded?

HOMESTEADING A CONDOTEL

The question as to whether a condotel may be homesteaded came up in reference to a listing I have. I went to Charlie Lyons of Volusia COunty for the answer and thought I would share this information. Here is his reply:

“The definitive answer to your question is that the Property Appraiser’s Office accepts applications on all condo/hotel units although some condo declarations specifically do not allow permanent residence. Some city ordinances may also prohibit permanent residence in the smaller units due to their size. This issue was decided based on a court decision to allow a homestead in a Volusia County condo/hotel whose declaration said only transient, residential use was allowed. The court ruled that homestead was allowed, and this is case law that we are obligated to follow.

I hope this clarifies the situation for you. Please don’t hesitate to contact me if I can be of further assistance.”

Sincerely,

Charlie Lyons, C.F.E.
District Appraisal Director
Condominium/Timeshare Division
Volusia County Property Appraisers Office

Phil Hanner
Experienced Short Sales Agent
Accredited REO Agent™
http://www.findahomeinportorange.com
Keller Williams Realty Florida Partners
3510 S. Nova Road, Suite 112
Port Orange, FL 32129
Licensed Realtor
Cell: 386-214-7745
Fax: 386-944-2808
email: PHILHANNER@GMAIL.COM

“Wait long. Strike fast.”
Member South Daytona/Port Orange Chamber of Commerce
Member Central Florida Realty Investors

October 27, 2011 Posted by | Uncategorized | , | Leave a comment

Over 3 acres and a newer home (built in 2001)

Beautiful home in between Port Orange and New Smyrna Beach.  Looking for a home with acreage?  This is it. Quiet cul-de-sac but close to civilization. Sellers family has been on this land for many years and says it is high and dry.  Close to Pioneer Trail and Turnbull Bay Roads.

Sand Woods

October 4, 2011 Posted by | Uncategorized | Leave a comment

3, 4, 5 Bedrooms in Port Orange, Fl

Sometimes people get a number stuck in their head and they just can’t get past it. Take a listing Lucy and I have as an example. This home would be great as a 3 bedroom home with an extra media room and a sewing room. Or two media rooms. Or a junk room and a whatever you want it to be room.  Point is it doesn’t cost that much more to have some extra rooms. Florida homes rarely have basements and the extra rooms would be great for storage. Don’t get stuck on “3” –  be creative if you don’t need that many bedrooms.

If you have a large family, everyone can get their own bedroom. Features an updated kitchen and updated baths.

This home would be great for someone from the northeast USA or Canada to buy and hold as a rental until they can retire and move in. Prices are low and money is cheap to borrow right now.

If you are looking for a nice home, on a lot big enough to park your RV, your trailer, and your boat in – this is it.

839 Chickadee Flyer

October 4, 2011 Posted by | real estate | , , , , , , , , , | Leave a comment