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5 Reasons Why Volusia County is the Ideal Location for Your Second Home

06/11/2024

People buy second homes in the Volusia County real estate market for many reasons, from owning an investment property to having the vacation oasis of their dreams.

Nestled in the heart of Central Florida, communities like DeLand, Daytona Beach, and New Smyrna Beach offer an irresistible blend of natural beauty, vibrant culture, and year-round sunshine. This makes the region a prime destination for second-home seekers seeking relaxation, adventure, or a little of both. Its strategic location provides easy access to major cities and attractions while maintaining a peaceful, community-focused atmosphere.

As the area’s premier brokerage, we could give you dozens of reasons for buying a Volusia County home—the Bee Realty Corp team is unmatched in highlighting the benefits of calling the region home. But we’ll keep it brief and share our top five reasons for making Central Florida your second home destination.

Is Now the Time to Invest in a Second Home?

Buying a second home can be a smart financial move, especially if you plan to use it several times a year. As you weigh the reasons for investing in a second home, consider not only current real estate trends but also the long-term benefits that such a property could offer.

Here are a few reasons this might be the perfect time to take the leap.

Potential Investment Opportunity

Real estate markets in desirable locations are known for their steady growth and property value appreciation. They offer excellent opportunities for investors, as they typically lead to substantial rental demand, which, in turn, provides the potential for higher returns year over year.

Personal Vacation Retreat

Owning a second home gives you the luxury of a personal paradise in your favorite locale. Whether near sun-kissed beaches or vibrant cultural hotspots, your Central Florida hideaway makes it easy to enjoy spontaneous getaways without the hassle of booking accommodations. It also makes each visit more satisfying, as you have everything you need right at hand, including personal belongings that make it “home.”

Student Housing

Investing in a property near a university is a strategic move that can serve dual purposes:

  • Providing a stable living environment for your attending family members.
  • Functioning as a shrewd long-term investment that can be passed down or repurposed.

For instance, the consistent demand for student housing near DeLand’s Stetson University can ensure steady rental income and maintain the property’s value over time.

Possible Tax Benefits

Purchasing a second home can also offer various tax advantages, including mortgage interest and property tax deductions. If you rent the property out, you might be eligible for additional deductions related to rental expenses. These financial incentives can make the investment financially appealing, but it’s advisable to consult with a tax expert to fully leverage these opportunities.

What to Consider When Buying a Second Home

If you’ve been dreaming of owning a second home in Central Florida, it’s never too early to start making that dream a reality. Ask yourself these questions before making any major decisions:

  1. Why are you buying a second home? Are you searching for a family vacation spot or a place to retire? Do you plan to rent it out for supplemental income? Each situation, including how often you intend to use the property, comes with unique requirements and considerations, including location, tax implications, and amenities.
  2. What are your location must-haves? While “escaping frigid winter temperatures” is as good a reason as any to buy a second home in Florida, it’s also important to think about the conveniences and amenities you, your family, and your potential guests will need.
  3. How much maintenance do you want to do? Properties in planned communities or associations often involve HOA fees and maintenance costs, but they can be worth it if you prefer not to spend as much time on upkeep as you do at your primary residence.
  4. What are your financing options? Obtaining a mortgage for a second home differs from financing a primary residence. Exploring your options before making an offer is crucial to ensure you have a feasible plan in place.

The REALTORS® at Bee Realty Corp are here to provide you with the facts and figures you need to make the right choice for your second home’s location. They can tell you which neighborhoods are best for investors, keep you up-to-date on local market trends, and educate you on local regulations. For example, did you know that Volusia County’s real estate market saw an incredible 47% year-over-year increase in average second home value and a nearly 20% surge in second home transactions in 2023?

We also provide personalized tours of potential properties, helping you visualize life and understand the vibe in different communities. Our local expertise ensures you’re fully informed and confident in your decision!

Location, Location, Location: 5 Reasons to Buy a Second Home in Volusia County’s Real Estate Market

Volusia County isn’t just a place; it’s a lifestyle. Offering a unique blend of natural beauty, diverse local culture, and a strong sense of community, it stands out as an ideal location for those considering a second home.

Here are five reasons why this area deserves your attention:

  1. Rewarding investments. Volusia County’s real estate market historically shows consistent growth, making it a wise investment for those looking to expand their portfolios. The region’s popularity with tourists and seasonal residents drives demand for rental properties, offering potentially high returns on investment. Property values are poised to climb as the area continues to develop, presenting an opportune moment for capital appreciation.
  2. The perfect escape. Imagine owning a property in a location where the sun almost always shines and the beach is just a stone’s throw away. Volusia County offers that and more. From unwinding on Daytona Beach’s sandy shores, exploring New Smyrna’s quaint shops and eateries, or strolling DeLand’s MainStreet, owning a second home here means your ideal vacation is always ready and waiting, often right outside your front door!
  3. Rich cultural scene. The area is home to numerous arts and music festivals, theaters offering live performances, and galleries showcasing local and international art. This cultural richness enhances the quality of life and provides endless entertainment options for residents and visitors alike.
  4. Year-round outdoor activities. With its warm climate and extensive natural landscapes, Volusia County is a haven—or heaven—for outdoor enthusiasts. Whether it’s fishing in the St. Johns River, biking on scenic trails, or golfing at premier courses, there’s no shortage of activities to engage in all year long.
  5. Safe communities. The region is known for its friendly communities and emphasis on safety, making it a top choice for families, singles, young professionals, and retirees. The sense of community here is palpable, with neighbors often coming together to celebrate local events and support each other, creating a welcoming and secure environment for everyone.

Explore Volusia County Real Estate With Bee Realty

Strong investment returns, a laid-back lifestyle, and a deep sense of community are just a few reasons to consider making Volusia County your second home.

At Bee Realty Corp, we understand the ins and outs of Volusia County’s diverse and exciting real estate market. We’re committed to helping you find a second home that perfectly matches your desires and investment goals. Our knowledgeable REALTORS® provide personalized guidance every step of the way, from initial search to final purchase. With our expertise, you’ll discover why Volusia County is not just a place to live, but also a place to thrive.

Contact us online or call 386-279-7522 to learn more or schedule a consultation.

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Whether you’re buying your dream home, selling an older home, or investing in your future, now is the time to make a move.

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