Are you thinking about buying a new home in Port St Lucie? Maybe you are thinking about buying a builder spec home or maybe building and designing your own home.
Whether you are looking to buy in a gated community, or on a free-standing lot, Port St Lucie has it all!
Why live in Port St Lucie?
Port St Lucie is booming. Its a fact. It has a great quality of life, with beautiful weather year-round, plenty of restaurants, schools, hospitals, private and public golf courses, pristine beaches, natural park areas, and business opportunities.
To reach the closest airport from Port St Lucie, you are 1 hour away from Palm Beach International Airport, 2 hours from Fort Lauderdale International Airport, and 2.5 hours from Orlando International airport.
If you are in the market for a new construction home, Port St Lucie has several options to choose from.
New construction in Port St Lucie listed by price
Buying new is buying smart, and here are 6 reasons why;
1- Significantly lower insurance rates. New homes are built to current building codes.
2-Newer homes are energy-efficient,
3-You won’t have to replace the roof or the a/c anytime soon! If you have never lived in Florida, you will soon find out that the roof’s age is very important to consider when purchasing a new home. Typically, insurance companies require a roof be less than 20 years old to get coverage; (the older the roof, the higher the insurance premium.)
4- In Port St Lucie (in some cases), newer homes are less expensive than older homes. People aren’t aware that they can buy new construction for a very reasonable price.
These homes are not always listed on MLS, so you have to know how to find them. Having a competent realtor on your side is to your benefit.
5- New homes are eligible for FHA and VA financing.
6- New homes come with warranties, such as structural and appliance warranties.
New homes in Port St Lucie listed by price range:
Vacant lots for sale in Port St Lucie by price
Do you ever dream of building your own home? (Who doesn’t?)
The first thing you will need is to qualify for a construction loan.
But how does a construction loan work?
First, you would have to apply for what is called a construction-perm loan. This loan covers the financing during the building of your home and becomes a permanent loan once the house is complete.
Typically, you need to have a stronger than average credit score and would need to put down 20-25% upfront. There are several banks that offer these loans.
See the list of vacant lots for sale by price range and by acreage:
Port St Lucie new homes for sale by zip code
Things to watch out for when buying new construction in Port St Lucie
Buying new is the best deal going in Port St Lucie, but location is key.
Several builders advertise that they will pay your closing costs, but at what price? You should compare your interest rates with your own lender against the builder’s lender.
Did you know the sales people in the office work for the builder, and you have zero representation?
If you are building or purchasing a new home, do you want to use the builder’s inspector, or hire your own?
Did you know there are some areas in Port St Lucie, if you buy there you need to pay an extra infrastructure tax? These are called CDD’s or “Community Development Districts”