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An age-restricted community is a residential community, often gated, that legally discriminates on the basis of age to limit residency to a majority fraction of older individuals—typically 80% over a set age. The minimum age is frequently set at 55 years old, but it can vary.
Furthermore, most communities stipulate that if anyone under the age of 55 resides in their community, they must live in a household where at least one occupant is 55 or older. Nearly all age-restricted and active adult communities allow people under the age minimum, such as grandchildren, to visit and stay on a limited basis.
Del Webb opened Sun City, Arizona, with the active adult concept, in 1960. [9] In 2011, The Villages, Florida became the largest of these communities. [10] While new retirement communities have developed in various areas of the United States, they are largely marketed to older adults who are financially secure.
The most infamous 55-plus community, Central Florida’s The Villages, ... Even if you can afford to live in a 55-plus community, additional fees will have a way of eating into your retirement budget.
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“Pulte Homes is building several 55-plus communities all over Florida, and the trend does not appear to be abating,” reports Avila. “The Villages in central Florida, a ridiculously large ...
The Florida Department of Elder Affairs (DOEA) is the Florida government agency focused on senior citizens. As described in the Older Americans Act , it is the state's unit on aging. It oversees the Office of Public and Professional Guardians (OPPG [ 1 ] ).
Is the sun setting on Florida? ... 2,660 condos on the market in Pinellas County — 869 of which are in 55-plus communities. "I currently have five listings in the 55 and older communities, the ...
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