Oak Knoll in Bonita Bay. (Photograph: Submitted)
Harwick Houses has introduced a novel constructing alternative throughout the award-winning group of Bonita Bay situated at 27310 Oak Knoll Drive. Adhering to current modifications to the Florida constructing code, Harwick Houses has introduced the chance to rework a lakefront property in Bonita Bay that stands effectively above the flood elevation degree. Being above the flood elevation degree makes it extra economical and logical to rework this property, including to its worth whereas retaining the present construction.
With these modifications to the Florida constructing code mandating one foot of “freeboard” above the FEMA Flood Map elevation, many Bonita Bay properties fall beneath this base elevation, limiting the proprietor’s capacity to rework or restore the house because the 50 % rule takes maintain solely permitting for a rework price range of 50 % of the worth of the house (land not included). This residence, nevertheless, is without doubt one of the restricted properties in Bonita Bay standing effectively above base flood degree—which means your imaginative and prescient has no limits.
Harwick is advertising this property as a rework alternative with nice potential. “We’re thrilled to supply residence consumers the prospect to dwell in a basic Outdated Florida type residence up to date to at the moment’s requirements, at a really fascinating price range. Properties like this don’t come round fairly often, and our workforce is happy concerning the alternative to work on this residence that’s located in such an awesome location throughout the group,” says Harwick Houses President Mark Smith.
If correctly reworked, the entire price may very well be effectively beneath that of a brand new residence and much better than attempting to rework a house beneath the bottom flood elevation degree. This Oak Knoll lot possesses plenty of qualities that differentiate it from the overwhelming majority of properties in the neighborhood. The lakefront property is above base flood degree, not impacted by the brand new 50 % rule and is extraordinarily effectively constructed with the present concrete structural parts.
Every jurisdiction or metropolis has the precise to implement the FEMA flood elevation as they see match. The extra strictly the Metropolis of Bonita Springs enforces the FEMA rules, the higher the financial savings the complete space receives for flood insurance coverage. Bonita Springs does this course of in arrears, which means any work carried out previously 5 years counts towards the brand new purchaser’s complete. In shopping for a house that has been beforehand lived in, it’s crucial to do a allow search and perceive what the previous or present proprietor has accomplished to the property.
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When contemplating the potential of residing in Bonita Bay, this Oak Knoll lot is extremely distinctive as a result of it affords householders the chance to dwell in a newly renovated residence above the flood elevation at a price efficient fee, significantly in comparison with constructing a brand new residence or reworking a house beneath the flood elevation. All full with a particular Harwick contact – the place the distinction is within the particulars.
Harwick Houses focuses on constructing customized properties and reworking properties to satisfy consumer budgets, wants, and expectations.
Harwick Houses has been creating and reworking properties of distinction in southwest Florida for over 25 years, constructing new luxurious properties priced from $1 million to greater than $10 million in most of the area’s most unique neighborhoods and communities. The corporate additionally builds non-public residences on particular person residence websites alongside the Gulf of Mexico and affords full-service inside and exterior renovations, additions and space-planning providers.
Harwick Houses is situated at 3368 Woods Edge Circle, Unit 101 in Bonita Springs, FL. For extra data, name (239) 498-0801, e-mail data@HarwickHomes.com or go to on-line at www.HarwickHomes.com.
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