Located in the southeastern part of the US, South Florida real estate has become an attractive destination for real estate investors. This is due to Florida’s warm climate, extensive employment opportunities, and cultural diversity that make it a popular destination for many. South Florida real estate is definitely an asset, offering yearly appreciation in property rates and ensuring the financial security of homeowners. The real estate market has also experienced tremendous growth in recent years, with the real estate market being fairly consistent compared to the stock and equity markets.
South Florida Real Estate: Popular Investment Options
South Florida real estate has been largely designed by well-known architects. The houses are luxurious, cozy and spacious, surrounded by greenery, private pools and large garages. Options in residential properties include condominiums, villas, bungalows, condos, townhomes, studios, and apartments. Here are some lucrative options for real estate investors in the region:
Aventura Condos: The suburban city of Aventura, located in northeast Miami-Dade County, is often referred to as Florida’s ‘Beverly Hills’. The city has an almost perfect climate. Aventura is conveniently located near airports, interstates, and offers easy access to residents. The city offers the best educational facilities, cultural venues, entertainment activities, marinas, water sports, leisure activities, lively nightlife, business opportunities, and shopping avenues. A famous shopping destination here is Aventura Mall, with its multi-level shopping facilities spread over an area of 2.4 million square feet.
The city offers a wide range of luxury condominiums. Being only a mile or two from the ocean, they are ideal for beach lovers. They are ideal for families, singles and retirees. Their prices are also considerably low compared to residential property prices in big cities, such as New York and Los Angeles.
South Beach Condos: Popularly known as SoBe, South Beach is located in the city of Miami Beach. It is a popular vacation destination with the best resorts, hotels, restaurants, trendy cafes, beachfront homes, spas, gyms, and luxury condominiums. Residents can enjoy elegant and privileged lifestyles, given their accessibility to special services, a vibrant nightlife and a vibrant culture.