55places.com recently named Daytona Beach as number five on our list of the 20 Best Places to Retire in 2018. There are a lot of reasons that this spot on Florida’s Atlantic Coast is so appealing to active adults. With Latitude Margaritaville, a Jimmy Buffett-inspired community, starting to sell single-family homes to 55+ buyers in the mid $200s to mid $300s range, housing options in Daytona Beach are interesting and affordable.
Whether you want to live the life of a Parrothead or not, Daytona Beach is a good spot to find a 55+ community. We've given you five good reasons why.
1. Low Cost of Living, High Quality of Life
With no state income tax in Florida, retirees get to keep a larger portion of their social security and other retirement income. There’s no estate or inheritance tax in Florida, either. Property taxes are reasonable, with the first $75,000 of your home’s value being exempt from taxation, as long as it’s your primary residence. The sales tax in Daytona Beach is 6.5 percent, which is lower than the national average. Gas prices, housing prices, and food prices are all lower in Daytona Beach than in other cities, especially those along the eastern seaboard.
This lower cost of living may contribute to the high quality of life in Daytona Beach. Other factors include the outstanding weather, the easy ability to travel, and access to excellent healthcare and medical facilities.
2. Miles and Miles of Beaches
The beach is one of the best ways for active adults to spend their time in Daytona Beach. It’s even possible to drive on the shore in some locations. With 229 sunny days per year and the ever-present sea breeze, a day or a night at the beach can be a lot of fun and very relaxing. Sit in the sand and read a book, swim some laps in the Atlantic, or do some fishing from the Daytona Beach Pier. There are designated dog beaches and all the beachside cafes, restaurants, bars, and shops that you’d expect in a coastal community.
3. Endless Outdoor Activities
Ranked by Golf Digest as one of the 15 best places to golf, there are plenty of courses in Daytona Beach. Try the public Daytona Beach Golf Club, which has 36 holes, or Indigo Lakes Golf Club, a par-72 course that includes a restaurant, bar, and live music.
Wildlife viewing and natural settings also provide outdoor recreation for residents and visitors to Daytona Beach. The Ormond Scenic Loop and Trail is just a few minutes away, providing hiking trails, historical buildings, and a gorgeous setting for outdoor fairs and festivals. Also worth exploring is Ponce Preserve, where there’s fishing, kayaking, trails, and an archaeological site that includes an ancient Native American midden.
Another major Daytona Beach draw is the Daytona International Speedway, where visitors can tour the World Center of Racing, learn about historic races, and take pictures of past winning cars. You won’t want to miss Daytona Bike Week, an annual motorcycle event. Outdoor shopping and dining can be enjoyed at Main Street Station.
4. Endless Indoor Activities
Museums, history, and culture can all be found in Daytona Beach. The Museum of Arts and Science hosts exhibits from The Smithsonian and has a planetarium. At Daytona State College, the Southeast Museum of Photography hosts cinematic talks and offers programs and courses. The Halifax Historical Museum has permanent and changing exhibits, and offers discounted memberships to local residents of retirement age.
5. Impressive Housing Options
Whether you want a low-maintenance condo or the space of a single-family home, you won’t have trouble finding a great community in and around Daytona Beach. If the Jimmy Buffett theme at Latitude Margaritaville doesn’t appeal, try the Ormond Renaissance, with two and three-bedroom condos and amenities like an outdoor resort-style pool, a fitness center, and a clubhouse for holiday parties and events. You might also like Huntington at Hunter's Ridge, where you’re close to the beach, the Tomoka River, and just five miles from the speedway.