Note: Please do not post ads in the timeshare forums. If you want to add a timeshare posting, go here.

Original Message:

Incorrect info re: Florida timeshare values (by KC):

warrenf17 has inaccurately stated: >> Fl timeshares are in an abundance and have lost all of their value...<< ================================================

A blatantly false and overly broad generalization, with just one noteworthy exception actually being even remotely correct. The Orlando / Kissimmee area is indeed overbuilt with timeshare facilities and, accordingly, values are low there and are likely to go even further downward in a weak (and worsening) economy. Values also seem to be a bit weak in the Daytona Beach area as well, with its preponderance of very old infrastructure, except for some high demand weeks (e.g., weeks 7 and 9, Race Week and Bike Week, as well as the October Bike Week); those weeks tend to hold their value quite well since demand consistently exceeds supply for those particular weeks.

On the SW FL coast (more specifically, Sarasota area, Fort Myers Beach, Bonita Beach, Bonita Springs, Naples, Marco Island, and the entirety of the Keys) timeshare values are strong, solid and increasing in most instances. These areas are essentially "built out" already and the facility weeks are mostly completely sold out, except for some assorted "float" weeks or other "off-season" weeks of lesser value. Accordingly, values in that entire geographic area will likely continue to hold steady and strong --- and even increase further. As Will Rogers once said of land, "they just aren't making any more of it". Sorry Warren, but you're simply dead wrong in your broad (and clearly uninformed) quoted statement.

Maintenance fees are admittedly higher than average in the Keys, where property values (and hence, property taxes) are higher than average, even for Florida, where property taxes are high anyhow. Insurance costs have also spiralled upward in Florida ever since Hurricane Andrew, after which many insurers decided not to even "write" poicies any longer at all in Florida. All that aside however, only certain specific, isolated areas of Florida have really seen any decline at all in timeshare values, just an upward tic in maintenance fees.