Most of the homes in Rotonda are in the AE Flood Zone - Areas of 100-year flood; base flood elevations and flood hazard factors determined.
You can search http://www.floodsmart.gov for any home to see the flood zone rating and it will give you a range of insurance rates as well as insurance companies to contact.
During the time that Florida was experiencing building material shortages, some homes were built or renovated using defective drywall. Defective drywall reportedly emits levels of sulfur, methane or organic compounds that cause corrosion to A/C, refrigerator, copper plumbing, electrical wiring, computer wiring, and other houshold items. It may pose health risks. You can have your home inspector look for signs of defective drywall.
In Florida, you can have a Defective Drywall Addendum as part of the contract, but you are also covered under the inspection period as written on your purchase contract. You have the right to have the home inspected and back out of the contract during that inspection period. It could be anywhere from 7 to 15 days, depending on how it is written up.
If I can help with anything or answer any other questions, please contact me.
Tammy Hayes, Realtor
Green Lion Realty, Port Charlotte, FL
Insurance is a factor no matter where you live in FL, for many reasons. Coastal areas like Rotonda have a greater risk of wind damage and storm surge from a hurricane. However, the building codes, especially with newer homes as are typically found in Rotonda are among the highest in the country.
Defective drywall is part of the home inspection/due diligence with any house built or modified in the 2000's. Be sure to hire a home inspector who will check for tell-tale symptoms. Probably one in a hundred homes built here in that time frame actually have it, just make sure it isn't the one you decide to buy.
If I can be of further assistance, please let me know. Ron Coulter Broker-Owner Advantus Real Estate 941-926-5940