When The Palazzo on St. Johns luxury condo project was originally conceived, expectations were that it would attract buyers from places like Atlanta or Miami. Little did the planners know that many Palazzo buyers would turn out to be people living within a 10-mile radius of its San Jose Boulevard and Baymeadows Road location!
Like trends emerging all over the country, luxury condos offer the high-end amenities, floor plans, water views, and full-house feel that buyers are looking for. Clearly, with its St. Johns River access, private marina with boat slips, generous square footage and private elevators to each unit, The Palazzo condos fit the bill. Add to that granite countertops, large living and dining areas with water views, and multi-bedroom configurations, and it’s easy to see why The Palazzo meets the want lists for special segments of the population.
Both Baby Boomers who are right-sizing from a single family home and young professionals seeking carefree living are enthusiastic buyers.
Here are some of the advantages that attract both groups when they seek a condominium home, whether they live in Northeast Florida or the northeastern U.S.:
- Less work, more rewards. No more mowing the lawn, maintaining the pool, landscaping chores, cleaning the gutters and the garage!
- Economies of scale. Boomers can apply the money they gain from sale of a single family home for a condo that leaves them with cash to invest any way they want investment, travel, retirement, or spoiling the grandkids. Young professionals can find affordable but luxurious living in a location that puts them close to downtown and well-paying jobs
- Safety and security. Built-in security and surveillance, freedom from unwanted solicitors, and worry-free travel are just a few reasons why luxury condos owners enjoy peace of mind every hour of their day.