Own the Sunshine State

“Pacaso gives people such a great access point to home ownership,” said Marnie. Watch the video to learn about Pacaso’s co-ownership model, get an inside look at a luxury home, and hear from an owner what it’s like to own a Pacaso — and why it’s different from a timeshare.

With year-round access to white sand beaches, world-class golf courses and rich culture opportunities, it’s hard to imagine a better place for a second home than Miami and South Florida. But limited inventory and high prices can make it tough for buyers and challenging for real estate agents. That is why Pacaso co-ownership works so well here.  “Miami and South Florida is the perfect market for Pacaso,” says Josh Dotoli of Compass in Fort Lauderdale. “When I think of Pacaso, I think of the luxury consumer who really values time, lifestyle and experiences.”  Pacaso delivers all that for second home shoppers who might otherwise have been priced out of this hot market. And for many buyers, co-ownership gives them the opportunity to own a more luxurious home.  “This gives homeowners a chance to buy into something that’s greater than they ever would have looked at before,” says Miltiadis Kastanis of Douglas Elliman Real Estate in Miami. “Co-ownership is actually getting them a better home than they could ever imagine." Big rewards for agents With Pacaso, agents across the country can easily help their clients find dream second homes in South Florida — and do it while earning 3% buyers agent commission and 500 RSUs for each closed buy-side sale.  “As much as we love doing what we’re doing, all agents love commission,” says Miltiadis. All buyers agents are eligible for Pacaso’s And because the same Pacaso can be sold to as many as eight buyers, commission and stock are earned on each closed sale, no matter where the buyer or home is located.  Expanded referral network Pacaso gives agents the chance to grow their client network and buyer pool.  “One of the biggest things in our industry is the referral,” says Miltiadis. “In the case of Pacaso, you can have up to eight different people you’re working with, with eight different networks, which is so great.”  Co-ownership also creates a bigger pool of buyers. Some Miami and South Florida shoppers have been priced out of the market and inventory is tight. “Pacaso gives them the opportunity to buy a second home that’s affordable,'' says Josh, “… and be able to use it on their time.” Partnering with the best Just as agents develop lasting relationships with their clients, Pacaso wants to “Pacaso isn’t going into this looking for one transaction with us,” says Josh. The company is geared to team with agents across the country to simplify the sale of second homes. The Pacaso team works to streamline the process and close the deals, giving agents more time to do more business. “Who doesn’t want to close more deals?” asks Miltiadis. Browse

In a hot, pricey market like “The stats prove that most second homes sat vacant, and we’re solving that problem,” said Erica. “You can take a tailored approach to how much ownership you have in a second home.” Watch the interview to hear more about Pacaso’s co-ownership model, including the difference between Pacaso and a timeshare, how agents can partner with Pacaso and earn a 3% referral commission, financing options, and the ease of scheduling time with our SmartStay technology.

The Pacific Northwest is known for its natural beauty and mild climate — and rain. The latter prompted Stuart and his wife to seek winter respite in the California desert. The dry, warm weather of Palm Springs appealed to the Portland, Oregon, couple who bought a second home there in 1996, when their youngest son was a baby. They had considered buying in the Central Oregon resort town of Sunriver: “We could do three hours in a car with a one-year-old, or we could do two hours in a plane and have guaranteed sunshine when we get there, so Palm Springs won out.” For many years, the family spent a lot of time in Palm Springs, but as the kids got older and more involved in sports, they found they weren’t using their second home as much. “That became a problem because we had it vacant for so many weeks out of the year,” said Stuart. “The last year we had that house as a vacation home, we went for spring break and Thanksgiving and I thought, this is stupid — the house is vacant for 50 weeks out of the year and we only used it for two weeks.” Soon after, they decided to turn it into a rental.  Twice as nice, a fraction of the cost Stuart and his wife hoped to have a place of their own in Palm Springs again someday, and after several years, with their kids now adults, they began exploring their options. “We started looking for second homes down there again, but the prices have gone up so much that what you get for the money just wasn't going to do it for us.”  And then they had a stroke of luck: They saw a listing for a co-owned Pacaso second home. “It was twice as nice as anything we'd looked at, and obviously just a fraction of the cost,” said Stuart. “And then it also took care of the vacancy worries because other people are using it, plus there’s somebody else managing it and taking care of the cleaning. It's perfect for what I need because I'm not down here three or six months at a time.” Ownership without the hassles Pacaso’s In contrast, their Pacaso home manager makes sure their Palm Springs home is always in great shape. “With Pacaso, we have somebody who checks in and will supervise any repairs. One time when I was down there one of the showers wasn’t draining right, and they got somebody over that day and fixed it. I didn't have to wait around — I went and played golf, and when I came back, the house manager had let the plumber in, and they’d fixed it and left.” Consistency creates comfort and ease Along with reliability and peace of mind, Pacaso ownership offers consistency that’s important to Stuart. “I'm a person who likes predictability, and so to know that I'm going to go back to the same place, it makes it a lot easier and it feels like it's yours versus a vacation home that you rent somewhere new every time... I know some people like the adventure of going somewhere new every time and pulling up Yelp and reading reviews, but for me, that’s exhausting. I go to relax.”  A first-class experience Of course, predictability is only a good thing when your experience is positive — and Pacaso has not disappointed. Stuart has been very pleased with Pacaso’s service and Find your desert retreat Need some vitamin D? As the co-owner of a desert Pacaso, you enjoy sunshine and hassle-free ownership of a beautifully appointed second home. Check out our

With year-round sunshine, beautiful beaches, and endless attractions for every traveler’s interest, there’s a lot to love about Florida. And while Florida has plenty of full-time residents, it leads the country in second homes. According to the This guide covers the top destinations, what to expect in terms of costs and financing, and how to make the buying process as smooth as possible, whether you're 1. 30A Also called the Emerald Coast, The area is popular among second home owners in search of beautiful white-sand beaches, impossibly blue-green waters and a slower pace of life. Its Florida Panhandle location makes this area a convenient vacation home location for homeowners throughout the South. 2. Delray Beach Located between West Palm Beach and Boca Raton, Delray Beach has an eclectic restaurant scene, a walkable downtown and an incredible range of live music venues. Atlantic Avenue, known by locals as “The Ave,” is bursting with local boutiques, galleries, spas, breweries and more. 3. Fort Lauderdale Fort Lauderdale is the perfect second home destination for those who believe that the best days are those with plenty of fun in the sun. Located 30 minutes north of Miami, 4. Marco Island Spend your vacation days surrounded by the beauty of the Florida Everglades. A barrier island located off the southwest coast of Florida near Naples, During sun-soaked days, explore the Ten Thousand Islands Wildlife Refuge by kayak, take a sportfishing excursion in the Gulf of Mexico, go bird watching at 5. Miami Cosmopolitan, multicultural and action-packed, Miami is a one-of-a-kind vacation destination. Second home owners in South Florida’s biggest city have a world of opportunities at their fingertips.  6. The Florida Keys Nowhere in the world is quite like Because the archipelago spans 125 miles, there’s an island town to fit every buyer. Key Largo is prized for its convenience, as it’s just an hour from Miami. Watersports enthusiasts and anglers may choose the Middle Keys for its incredible sportfishing and colorful offshore reefs. For a truly remote getaway, consider buying in Key West, the southernmost point in the United States.  7. West Palm Beach Like many parts of Florida, Golf at more than 20 courses within the city limits and some 75 more within 20 miles. Sink your toes into the sand at local beaches, including Lake Worth, Juno Beach and Ocean Reef Park. And on that rare rainy day, find shelter at the Buying a vacation home in Florida also comes with its own share of pros and cons. Before you take the next step towards owning your dream home, here are some pros and cons to consider. Pros of owning a vacation home in Florida Florida's combination of year-round sunshine, no state income tax, strong rental demand and long-term appreciation potential makes it one of the most compelling states for second home ownership. Cons of owning a vacation home in Florida Florida's high insurance costs, hurricane risk and ongoing ownership expenses are important factors to weigh before committing to a purchase. How do I buy a vacation home in Florida?  Buying a vacation home in Florida follows many of the same steps as purchasing a primary residence, but with a few key differences. Here's what the process typically looks like. Keep in mind that lenders typically require a 10–25% down payment for second homes, compared to as little as 3% for a primary residence. With Pacaso's professionally managed Own a vacation home in Florida with Pacaso Florida's combination of year-round sunshine, world-class beaches and strong second home demand makes it one of the most sought-after destinations for vacation home ownership. But between navigating financing, managing insurance costs and handling ongoing maintenance, buying and owning a second home on your own is no small undertaking. Pacaso simplifies the entire process. With professionally managed LLC co-ownership, you own a real share of a luxury second home without the hassle of managing it yourself. Each Pacaso home comes fully furnished and professionally decorated, with a dedicated local home manager handling the day-to-day so you can simply arrive and enjoy. Pacaso has luxury vacation homes available across Florida's most desirable destinations, including

Curious about co-ownership? We sat down with a Pacaso owner during a webinar to chat about her experience of buying and owning a beautiful Pacaso in Florida. Our leadership team also answers guest questions about Pacaso co-ownership, covering everything from financials to design. "I thought it was too good to be true," shared Cheryl. "But I remember first walking into the home and being overwhelmed that the home was so beautiful. After our property manager left that day, I just started crying and said to my husband, ‘I can’t believe we have a second home Pacaso makes second home ownership enjoyable and possible for families looking to spend more quality time together.