Increasing numbers of people are interested in buying a home in Bayonet Point, Florida, which is one of the quietest, most desirable places to live in Florida. The white sand beaches and hospitable environment make this community a perfect place to raise a family or retire. So, let’s explore the real estate market in this region of Florida, while discussing how to get a mortgage in Bayonet Point, Florida.
Bayonet Point Real Estate
Bayonet Point is a census-designated place in Pasco County between Hudson, Florida and Port Richie. Though Zillow doesn’t track home values for Bayonet Point, the median home value in Hudson is 150,200, and the Port Richie median home value is $94,100. These values are considerably less than the Florida median home value of $207,500, and the national median home value of $199,200.
Homes in Bayonet Point sell at a discount compared to other communities in Florida, while also offering a quality of life that is highly desirable for people who seek a laid-back life in an unspoiled environment.
Bayonet Point Popularity
Bayonet Point has a growing population due to its low cost of living and quality of life. Because people want to live in this small community, it has experienced population growth of almost 12% over the last few decades.
As a quieter part of Florida, Bayonet Point has benefited from the industrialization and business growth of nearby Tampa. It is close to fantastic beaches, great restaurants, and amazing shopping, giving residents the best of both worlds – the quietness of a small town, but the perks of living near a metropolitan center.
Of course, the moderate climate and warmer winters make this a premier destination for retirees. Still, the community has a fantastic school system for families. Whether you are young or old, Bayonet Point is a fantastic place to set down roots.
Getting a Mortgage in Bayonet Point, Florida
As Bayonet Point continues to grow, more people will buy homes, so they will also need a mortgage. Thankfully, getting a mortgage in Bayonet Point is possible with the help of an experienced mortgage broker.
First, you need to pre-qualified for a mortgage. This takes as little as a few minutes and can be accomplished over the phone. Then, you can start to work with a Realtor as a pre-qualified buyer, while working with your broker to become pre-approved for a mortgage.
The final step is to fulfill the final requests of the lender, with help from your mortgage broker, and then close on your new home.
Marimark Mortgage is a Bayonet Point mortgage broker, based in nearby Tampa, Florida.
We specialize in conventional home mortgages, FHA, VA and USDA mortgage options, refinance loans, and reverse mortgages. We’ve worked extensively with cash-out refinancing, and help clients with HARP refinancing to lower their monthly mortgage payments.