Treasure Coast News & Insights

This Treasure Coast real estate blog originated out of a need to provide valuable Treasure Coast real estate market information to our clients and website visitors. The tips, trends, news articles, market updates, and informational pieces you find on this site are our original content, and we take a lot of pride in being about to offer you expert information about the Treasure Coast real estate market. If you have any thoughts, ideas, or questions about anything we post here, we'd love to talk with you!

Aug. 19, 2023

Cities and Counties of South Florida - Best Places to Live & Visit

What Is Considered South Florida?

South Florida, often referred to as the southernmost region of the Sunshine State, includes a diverse mix of counties, cities, and coastal towns. From vibrant urban hubs like Miami and Fort Lauderdale to quiet coastal retreats like Stuart and Jensen Beach, South Florida is known for its warm climate, multicultural communities, and tropical lifestyle.

If you've ever asked:

"Is Florida the South?"

"What cities are in South Florida?"

"Is Stuart FL considered South Florida?"

"What areas are part of Southeast Florida?"

—this guide will help you understand what’s truly considered South Florida, including its cities, counties, and neighborhoods, and why it’s one of the best places in Florida to live, work, or visit.

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Posted in Tips & Advice
Aug. 18, 2023

Spanish Lakes Port St. Lucie HOA Fees & Lot Rent - Everything You Need to Know

When it comes to finding the perfect home, Spanish Lakes Port St. Lucie HOA fees and lot rent are often under the spotlight. It's important to understand what these costs mean, and how they balance with the amenities offered, sense of community, overall lifestyle.

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Posted in Tips & Advice
Aug. 16, 2023

Jason Aldean's New House in Stuart, Florida - $10.2 Million Oceanfront Mansion

Country music sensation Jason Aldean's new house in Stuart, Florida, is a true masterpiece. The oceanfront mansion is in the Galleon Bay neighborhood and was purchased by Aldean in February 2022 for $10.2 million.

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Posted in News
Aug. 14, 2023

Gated Communities in Florida: Comprehensive Guide

Gated communities in Florida have become synonymous with luxury, security, and resort-style living. Whether you're looking for the best master-planned communities, affordable gated neighborhoods, or exclusive enclaves along the coast, Florida offers more gated options than any other U.S. state. In this guide, you'll discover why Florida has so many gated communities, what defines a beautiful gated community, and where to find the top gated neighborhoods in every budget and lifestyle category—from golf-centric communities to 55+ active adult neighborhoods.

Known for its beautiful beaches, warm weather, and a relaxed lifestyle, there are a large number of gated communities in Florida to cater to the growing population.

There are many reasons behind the popularity of Florida's gated communities, and we want to guide you the different alternatives.These planned residential areas offer privacy, 24/7 security, exclusive recreational amenities, and often include everything from golf courses to lakeside marinas. Whether you're searching for luxury gated communities, gated retirement communities, or gated communities in South Florida near the beach, there's a perfect fit for every lifestyle and budget.

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Posted in Tips & Advice
Aug. 13, 2023

Is Florida a Community Property State?

If you're pondering divorce in Florida or simply planning your financial future, you're probably asking yourself, "Is Florida a community property state?" Short answer—nope! Unlike states like California or Texas that split everything right down the middle (community property), Florida takes a different approach. So, what does that actually mean for you? 🤔 Let's dive in and clear up the confusion.

What Does Community Property Mean?

Ever heard people throwing around the term "community property" and wondered what they're on about? 🧐 Well, here's the lowdown. Community property essentially means anything you and your spouse accumulate during your marriage—like cars, houses, salaries, even debts—is considered equally owned by both of you. Think of it as one big financial melting pot. 🍲

 

States like California and Texas are classic examples. Florida, however, isn't part of that "community property states list." Instead, Florida property division laws follow what's known as equitable distribution, which aims for fairness rather than pure equality. Curious how that's different? We'll dig into it soon.

common property state florida

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Understanding Equitable Distribution in Florida

Florida doesn't play by the usual 50/50 rule. Instead, the Sunshine State follows equitable distribution, which basically means assets get divided fairly, but not necessarily equally. Think of it like slicing a pizza—sometimes you get a bigger piece because you bought the pie, while your friend gets less because they only chipped in for a soda. 🍕

  • Courts consider fairness, not strict equality.
  • Each spouse’s contributions, financial and otherwise, matter.
  • Judicial discretion in Florida divorces means judges have wiggle room to decide.

Check out Florida Statute 61.075 for the official scoop.

How Property Division Works in Florida

To simplify it, property in Florida gets categorized into two buckets: marital and non-marital.

Marital Property Florida 🏡

  • Homes or vehicles bought during marriage.
  • Joint bank accounts or savings.
  • Retirement funds accrued during marriage.

Non-marital Property Florida 🛡

  • Property you owned before marriage.
  • Gifts or inheritances given specifically to one spouse.
  • Anything clearly protected by prenuptial agreements.

 

property in florida state

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Factors Affecting Property Division

Florida courts weigh several factors when slicing the marital pie:

  • Length of marriage—longer unions usually see more equal splits.
  • Financial contributions of both spouses.
  • Homemaking and childcare contributions—these count big time! 🙌
  • Each spouse's economic circumstances and earning abilities.

For instance, if Mike supported Jenna through law school, judges often recognize that sacrifice by awarding Mike a bigger slice of marital assets.

Common Misconceptions About Florida Property Laws

There's a lot of confusion out there. Let's bust some myths:

  • Myth: Everything's split exactly 50/50.
    • Truth: Nope—it's all about fairness, not mathematical equality.
  • Myth: Separate property always stays separate.
    • Truth: Marital money spent on separate assets can muddy the waters. (Again, commingling!)

How Debt is Divided in Florida Divorces

It's not just assets—debts get split too! Credit card bills, mortgages, car loans, they all count.

  • Joint debts: Usually shared, but judges can adjust based on fairness.
  • Individual debts: Often stay with whoever originally racked them up.

For example Lisa buying a boat without Tom's knowledge. In the divorce settlement, the judge might say, "Lisa, you bought it, you sail it—debt and all!" 

The Role of Prenuptial Agreements

A good prenup can be your best friend if things go south. Prenuptial agreements clearly outline what stays yours and what becomes joint property. Think of a prenup as your "financial bodyguard," protecting your assets and keeping things neat if a split happens.

Quick reasons to consider a prenup in Florida:

  • Protecting family inheritances.
  • Shielding business interests.
  • Clarifying financial expectations before tying the knot.

Learn more from the Florida Bar’s guide on prenups.

What Happens to Property Acquired Before Marriage?

Generally, assets you owned before walking down the aisle remain yours. But if you’re not careful, they can become marital property. Here’s how:

  • Mixing pre-marriage assets with marital funds (yep, commingling again!).
  • Using marital money to pay mortgages or upgrades.

For example, Jim bought a cabin in the Everglades before marrying Amy. If they both contribute significantly to renovations, a court might rule that Amy deserves a cut.

Real Estate and Divorce in Florida

The family home is usually the trickiest asset. Do you sell it and split profits, or does one spouse keep it?

  • Selling often simplifies the split.
  • One spouse keeping it usually means buying out the other's equity.

Retirement Accounts and Pension Division

Your 401(k), IRA, or pensions accrued during marriage generally count as marital property.

Here's how retirement splits often go down:

Retirement Type

Common Division Method

401(k)

Qualified Domestic Relations Order (QDRO)

Pension

Often split based on marriage duration and contributions

IRA

Usually split or offset with other marital assets

So if Maria’s retirement fund grew during marriage, her ex-spouse Alex could claim part of it. But don't worry, Maria—Alex doesn't touch what you earned before marriage.

More details at Florida Retirement System

Business Ownership During Divorce

Let's say you've built your dream smoothie shop, "Tropical Blast," in downtown Tampa. It’s booming, customers are loving your mango-coconut special, and then—boom—you’re facing divorce papers. So, how does your beloved smoothie empire factor into Florida divorce property split?

In Florida, your business might be categorized as marital property Florida, especially if it was started or substantially grew during your marriage. But hold up, don't panic yet! There are several factors at play here:

  • Who contributed to the business? (Financially or with sweat equity)
  • Did your spouse sacrifice their own career ambitions for your biz?
  • What’s the current market value of the business?

A court might order a property appraisal divorce Florida style, using experts to value the business fairly. Sometimes, the best solution is buying out your spouse’s share or offsetting it with other marital assets.

Here’s a quick visual:

Scenario

Possible Outcomes

Jointly owned business

Split ownership or buyout

Individually owned, but spouse contributed

Partial buyout or asset offset

Individually owned before marriage (clearly documented)

Likely remains separate property Florida

Your best bet? Seek professional advice early (and maybe grab yourself a mango-coconut smoothie to ease the stress)! 🍹Florida Courts can offer more clarity on handling business assets

How Courts Handle Property Division

Florida judges aren't robots—they have real flexibility to decide what's fair. The fancy term for this is judicial discretion Florida divorce style. Basically, it means courts look at your situation from all angles, considering everything from your marriage length to your individual contributions and earning power.

Imagine two scenarios:

  • Scenario 1: Sara was a stay-at-home mom for 15 years while Mike worked as an attorney in Jacksonville. Even though Sara didn’t earn a paycheck, she significantly contributed to Mike’s career and household stability. A judge might award her more of the marital property to acknowledge her non-financial contributions.
  • Scenario 2: Tina and Alex both worked full-time, had similar incomes, and their marriage lasted only two years. In this case, assets are more likely divided closer to a 50/50 split.

Here are some common things courts consider:

  • Length of marriage 📅
  • Each spouse's economic situation 💰
  • Contributions to the marriage (financial, childcare, home management) 🏡
  • Debts and liabilities
  • Any existing prenuptial agreements Florida style 📜

Steps to Protect Your Property

Alright, let’s talk practical now. You’re wondering, “How can I keep my stuff safe if things head south?” Great question! Protecting your assets doesn't have to be rocket science; here are simple steps to safeguard what's yours:

📂 Keep Clear Records

Seriously, documentation is your new best friend. If you bought a fishing boat or condo before marriage, keep those receipts locked down. This helps prove it's non-marital property Florida style, preventing it from becoming marital property by mistake (that sneaky commingling of assets!).

️ Prenups Aren't Just for Celebrities

Think of prenuptial agreements Florida style as a fire extinguisher. You hope you’ll never need it, but if a fire breaks out, you'll be glad it's there. Prenups clearly define what's yours and what's shared, drastically reducing conflict later.

💡 Avoid Commingling Assets

Remember when we mentioned that fishing boat? Don’t pay for its repairs with a joint checking account. Keep separate funds separate, and you’re golden.

👩💼 Seek Professional Advice Early

 

This is huge! Consulting an experienced Florida divorce attorney ensures you fully understand your property rights in Florida divorce. They'll guide you through complex issues like alimony and property division Florida style, qualified domestic relations order (QDRO) Florida rules, or even pension division divorce Florida specifics.

FAQs About Florida Divorce

Is everything split 50/50 in a Florida divorce?

Not necessarily. Florida uses equitable distribution, meaning fair but not strictly equal.

Does property owned before marriage become marital property in Florida?

Usually not, unless commingled or improved using marital funds.

How does Florida handle debt during divorce?

Debt is divided equitably, factoring in contributions and financial conditions of each spouse.

Can a prenuptial agreement fully protect assets in Florida?

A well-drafted prenup significantly protects your assets, provided it meets legal standards.

Are retirement accounts split evenly in Florida divorces?

They are divided equitably, based on various factors like marriage length and financial contributions.

 

Final Thoughts

Florida is not a community property state. Community property is a legal structure used by certain states to determine how ownership rights are held between spouses.

It refers to assets acquired during a marriage by either spouse, including property, income, and even debt. However, not all states recognize community property.

Under a community property state, property owned by one spouse before marriage, and gifts and inheritances received during marriage, are treated as that spouse's separate property in the event of divorce.

All other property acquired during the marriage is treated as community property and is subject to division between the spouses in the event of divorce. Community property includes debts and investments acquired during the marriage.

In some community property states, all community property is subject to creditors of either spouse. Therefore, assets of one spouse may be at risk if there is a judgement against their partner. 

If you're looking for legal guidance on the topic, it may be best to get professional guidance to find the right direction forward.

Posted in Tips & Advice
Aug. 10, 2023

Pineapple Festival Jensen Beach: A Celebration of Local History

Pineapple Festival Jensen Beach: History, Events & Future Schedules (2025 Update)

The Pineapple Festival in Jensen Beach, Florida was once one of the biggest community celebrations in South Florida, drawing tens of thousands of visitors each year. Known locally as “The Pineapple Festival” or “Pineapple Fest”, this three-day street festival highlighted the town’s pineapple heritage with live concerts, parades, arts and crafts, midway rides, and cultural showcases like the Bahamian Market.

Although the festival was officially discontinued after 2019, interest remains high, with locals and visitors still searching for updates on the Jensen Beach Pineapple Festival 2024 schedule, the Jensen Beach Pineapple Festival 2025 schedule, and other Jensen Beach events this weekend. In this article, we’ll explore the history, location, and legacy of the Pineapple Festival, while also pointing you toward other exciting Jensen Beach festivals and events like Jammin’ Jensen and the Jensen Beach Art Festival.

The Pineapple Festival in Jensen Beach was one of the largest and most popular festivals in South Florida, attracting thousands of visitors every year — it quickly became a must-attend Jensen Beach event for families and tourists alike.

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Posted in News
Aug. 8, 2023

Cole Hauser's Luxurious House in Sewall's Point, Florida

Cole Hauser, the renowned actor known for his role in the TV series "Yellowstone," owns a stunning house in Sewall's Point. The address of the property is 22 E High Point Road, Stuart, FL 34996.

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Posted in News
Aug. 7, 2023

Hutchinson Island Mansion: The Eustace Estate in Jensen Beach, Florida

If you drive up SR-A1A in Jensen Beach, Florida, you're bound to notice the stunning Hutchinson Island mansion along the way. Located at 4545 NE Ocean Boulevard, the Hutchinson Island mansion is a marvel that attracts tons of attention and visitors from all over the country.

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Posted in News
Aug. 3, 2023

St. Lucie County Real Estate Update: June 2023 vs. June 2022

The real estate market in St. Lucie County, Florida, experienced notable fluctuations between June 2023 and June 2022. This summary will analyze the key data points related to single-family homes in the area, shedding light on changes in closed sales, median sale price, original list price received, median days to contract, inventory, and months supply of inventory during this period.

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Posted in News
Aug. 2, 2023

Rio Marine Village: New Waterfront Development in Jensen Beach

Rio Marine Village: Waterfront Living Redefined in Jensen Beach, Florida

Looking for a rare blend of waterfront charm and modern Florida living? Welcome to Rio Marine Village, one of the most talked-about new developments along the St. Lucie River in Jensen Beach. With the potential to transform Rio, FL, this multi-phase project brings luxury townhomes, retail spaces, and marine facilities together in one thoughtfully planned community. Whether you're searching for Rio FL houses for sale, admiring villas of Marine Creek photos, or researching residences at Marina Village, this guide offers a full overview of everything you need to know about this highly anticipated destination.

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Posted in News