What Should You Know about Real Estate in South Beach ?
South Beach, Miami, is known for pristine white beaches, rich culture and beautiful weather. It’s a playground, offering incredible nightlife, more dining options than you can shake a stick at and a casual, relaxed atmosphere. People from around the world flock to South Beach to enjoy the entertainment, warm sand and plentiful sunshine. While many come only to play, many choose to stay permanently. If you’re thinking about investing in real estate in South Beach, there are a few things you should know.
First, the vast majority of real estate in the area comes in the form of condos. You’ll find posh, ultra high-end condos, as well as older, more mature properties. If condo living appeals to you, you’ll certainly find a plethora of options available. Of course, not all properties are created equal.
When considering condo real estate in South Beach, you’ll want to think about the location of the property and its proximity to the beach, as well as South Beach’s entertainment and dining options. Consider the age of the property and the amenities on offer, as well. Finally, consider the condo itself – how do you access it? Does the property offer private or semi-private entrances or elevators? Does the unit offer views of both the ocean and the Intracoastal Waterway?
You will also find that real estate in South Beach comes in the form of single-family homes. While these types of properties are not as widely available as condo units, there are many options available. As with condo properties, you’ll need to consider several factors prior to choosing a place to call home. The age of the home will definitely be an important consideration, as will any upgrades done to the property. What type of flooring does the home feature? What architectural style does it offer? Older homes will be slightly more affordable than newer options, but any home in South Beach is going to come with a relatively high price tag, simply due to the demand for real estate in South Beach.
You will also want to consider the home’s proximity to the beach – does it have direct beach access, or is it set back from the water? Is it located on the eastern or western side of island? If it’s on the Intracoastal Waterway, does it have water access? Does it have a private dock?
As you can see, there are numerous considerations to be made prior to investing in real estate in South Beach, but you can find an amazing place to call home in this stunning area if you take your time and shop around.
If you have any questions regarding real estate in south beach, please don’t hesitate to contact me at any time.
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