Miami Beach real estate is a place where you can find some of the most exclusive properties. The weather, entertainment venues and atmosphere are the most attractive for visitors from all over the world. Properties on or near the ocean include lofts, single-family homes, townhomes, condominiums, and villas that represent a unique and opulent lifestyle.
The locals who inhabit this region of Florida know of several indulgent options. The convenience of restaurants, shops and nightlife make this area suitable for lovers of the tropical nature of this community. From fine dining to more casual eateries, the sheer variety allows for a number of delicious options. High-end boutiques and stores line the streets of downtown Miami, especially in the Bal Harbor area, which is known for its high-end shopping venues. Many of South Beach’s clubs offer hours upon hours of live entertainment for viewers to dance, listen to, and generally enjoy.
In Miami Beach real estate, a five-star lifestyle resort with oceanfront views and white-sand beaches can be achieved. Northeast Miami-Dade County allows for the perfect location of the Atlantic Ocean to the east and the Intracoastal Waterway to the west. The Miami and Fort Lauderdale airports provide convenient travel for the millions of visitors that frequent this area annually. You can enjoy plenty of activities including water sports like boating, fishing, and jet skiing. This type of recreation is sought after year-round under the warm, sunny skies of Florida.
This city is also popular for its rich cultural mix. The diversity of the neighborhoods enhances the setting, making it a great place to raise a family. Local events cater to each culture with music, art, and a wide variety of food selections.
In Miami Beach, luxury properties have become so popular that they are replacing many of the hotels and motels that used to line the main thoroughfare along the Atlantic shores. These imposing constructions can be seen from several of the extravagantly designed units overlooking the cityscape. A great deal of redevelopment is sweeping through this prestigious community and totally changing the skyline. Masses of young families are migrating here to settle on or near the water. Seniors choose this area of Florida as a retirement location because of the tranquility and tranquility that luxury living on the water offers.
More and more developers see the valuable potential of Miami Beach real estate. Unlike other luxury communities, Miami Beach offers high-rise zoning. This feature is extremely attractive to the savvy investor and developer to negotiate large returns. From the beginning, Miami city officials had it in their vision to implement plans to build quality high-rise housing with high-end modern appeal. Tax revenue generated by the obvious influx of people and new construction skyrockets. However, all of these funds are reinvested in the city.
Even with its popularity, Miami Beach has limited beachfront land on which to build. That’s why making a pre-construction purchase generally guarantees a lower price than an existing property. The closer to completion, the more expensive the price of the property becomes. Therefore, time is a key factor in the decision-making process.
Without a doubt, properties found in Miami Beach have become favorites for vacationers, honeymooners, and those who simply like to call it home. For the investor, these properties are the most profitable with profit margins that have sometimes skyrocketed above the market.
