GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Vacation home rentals on stilts along the St Lucie river coastline near Jensen Beach in Martin County, Florida stock photo

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.

Around South Florida, prices have changed dramatically over the past four years, he said.

facebook sharing button

In addition to home prices rising, other costs have gone up as well.

Here are three areas that Lichtenstein recommends forbudget-conscious retirees.

Port Saint Lucie, Florida

Port Saint Lucie has seen giant growth, Lichtenstein said.

twitter sharing button

Fifty thousand homes are projected over the next decade, with lots catering to the 55+ community.

And homes are relatively affordable compared to other places in Florida.

There is more available in the $350,000 to $600,000 price range, said Lichtenstein.

linkedin sharing button

[you’re free to find] great values and communities that cater to the 55+ Florida retiree.

The weather is great it will be 15 degrees warmer in the winter months compared to the Panhandle.

More From GOBankingRates

Share This Article:

The Latest inInvesting

email sharing button