Flood Zones, FEMA & LOMR | What Every Florida Home Buyer Needs to Know

What is a LOMR — and why should homeowners in Marco Island and Naples care? Hi, I’m Devin Sweazy with Sotheby’s International Realty, and in today’s video I’m breaking down an important term that can directly affect your insurance rates, property value, and peace of mind when buying a home in coastal Florida: the Letter of Map Revision (LOMR). A LOMR is an official document issued by FEMA that updates the flood risk status of a property. In simple terms, it can officially move a property out of a flood zone or into a lower-risk flood zone. That can mean: ✅ No longer being required to carry expensive flood insurance ✅ Substantially reduced insurance premiums ✅ Increased affordability and lower carrying costs ✅ A boost in marketability and resale value In Southwest Florida, especially in new construction and HOA communities in Naples and Marco Island, builders often raise land elevation or improve drainage flow — triggering FEMA to re-evaluate the flood maps. Once approved, the new LOMR updates the official FEMA Flood Insurance Rate Map (FIRM Map). For buyers, sellers, and homeowners, understanding a property’s flood zone status and LOMR eligibility is critical. Whether you’re financing a new home, comparing insurance costs, or evaluating resale potential, this certificate could save you thousands — and give you peace of mind. 🌴 Welcome to Living the Marco Life with Devin Sweazy Group 🌴 Your go-to channel for all things Marco Island and Naples, Florida real estate — where every home has a story, and every lifestyle is elevated. I’m Devin Sweazy, a top Realtor® with Sotheby’s International Realty, helping buyers, sellers, and dreamers discover the beauty, charm, and luxury of island and Gulf Coast living. Here you’ll find: ✔️ Luxury home tours & hidden gems ✔️ Market updates & real estate insights ✔️ Moving tips & relocation guides ✔️ Community highlights & lifestyle inspiration Whether you’re looking to buy, sell, or simply fall in love with the Marco Island and Naples lifestyle, you’re in the right place. 📲 Subscribe now for weekly videos and never miss a chapter: [SUBSCRIBE BUTTON LINK] 📧 Contact me anytime: [email protected] 📞 Direct: (239) 919-7400 🏡 Sotheby’s International Realty 📍 760 North Collier Boulevard, Marco Island, FL 34145 ✨ This is more than a home — it’s a lifestyle. Let’s make it yours. ✨