Finding the perfect retirement location is critical and many considerations go into choosing the right place.

Well, here in Sebastian we want to help with that decision and have provided information on key elements as another way that demonstrates how “easy” retirement is in Sebastian. Sebastian offers an ideal retirement location in Florida.

Here in Sebastian, you won’t find traffic jams, congestion and over development like other parts of Florida. You’ll find a high quality of life for a reasonable cost of living that can truly make your retirement easy. In your Sebastian retirement, you will find many activities available, especially for those who enjoy entertainment, fishing, golf, tennis, sports, flying and a lifestyle that is unmatchable. Come visit Sebastian. We are sure you’ll want to experience paradise.

WHY RETIRE IN FLORIDA AND BECOME A SEBASTIAN RESIDENT?

FLASH NEWS: Sebastian is ranked 34th in a new book entitled "Top 100 Cheapest Places to Retire" by Thomas Corley from the Rich Habits Institute, Rahway, NJ. Corley is quoted as saying "...the town's fishing village qualities and exceptional natural beauty attract retirees to Sebastian." The book was published in October 2011.

FLASH NEWS-MAY 2012: The American Lung Association "State of the Air" report listed the Vero Beach Metropolitan Statistical Area, which includes Sebastian, among the top five areas with the cleanest air. To see the entire report, click here. This is just another reason to locate in Sebastian.

STATE OF FLORIDA FACTS:

The State 2010 household population was 18,800,000, the 4th most populous state in the nation. The median age is 40.7, somewhat higher than the national average. Some 21% of the Florida population is over 62.

Part of Florida's geographic diversity is derived from its unusal physical shape. The State is both long and wide. It takes a day to drive from Pensacola to Key West. Florida is the 22nd largest state and has the longest coastline in the contiguous states. It also has a coastline on the Atlantic Ocean and the Gulf of Mexico

According to Zillow, a nationally recognized real estate statistics firm, Florida's 2013 "Zillow Home Value Index" was $133,700, up 8.6% from 2012. Click here to see more Zillow real estate statistics.

Florida has an extremely low state/local tax burden. Florida has no state income tax or inheritance tax.

Florida has “Homestead Protection. What’s that? Florida residents are protected by the Florida Constitution from losing their home to a creditor or any type of lien except a mortgage. In other words, it is very difficult for any creditor to take your residence.

Florida has a homestead exemption for a residents primary home. This exemption is on the first $50,000 of assessed value of the residence for all taxing districts except a school district, which is $25,000.

SEBASTIAN FACTS:

Sebastian, Florida has a low property tax rate. The City finances are in excellent condition.

Many cities and towns across the nation are in deep financial trouble. Sebastian is fortunate to have a low debt load, a higher than required cash reserve and low taxes.

The City has an A+ credit rating from Standard and Poors. Sebastian has a cash reserve of just over $5 million which is almost twice what the State requires. The City debt as of the last audit was $11.2 million. The debt consists of revenue bonds or short term borrowing that is paid by tax revenue from gas and sales tax as well as stormwater tax revenue. No debt payment comes from the City property taxes.

For the last four years, Sebastian has been able to maintain the same property tax rate in the face of a severely declining property valuation.

For complete information about City of Sebastian finances, click here to view the last complete audit report from September 30, 2012

With all these positive financial indicators, consider Sebastian, Florida as your ideal place to retire.

 
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