Invest in the World's most sought after Miami Real Estate

Invest in the World's most sought after Miami Real Estate

A tropical paradise with a energy that is unrivaled, Miami is all about sun drenched skies, a heady cultural cocktail and a climate to die for'. A cost of living, which is less than most cosmopolitan cities and no personal income tax, Miami is the third richest city in the US and was ranked "America's Cleanest City" by Forbes Magazine.

The largest cruise ship port in the world, multiple international airports in the vicinity, and an unrivaled building boom put Miami into a wave of urban renewal that signals a fine investment forecast for the future. More than a million tourists a year, steady growth fueled by young families who want to be near the ocean, Miami's city tax ratable is projected to grow to 5 billion in the next three years.

In the present scenario, the Miami investment property market is varied and diverse with healthy choice options that fulfill various lifestyles and price points.

You will find a selection of single family domiciles, luxurious condo resales with oceanfront views, preconstruction condominiums, waterfront mansions, town homes and many more.

The choice of where to buy would largely depend on why you are looking for a Miami investment property. If you are looking to invest in rental condos or a vacation home, a community with high tourist traffic like Miami Beach might be ideal for you. If you are seeking a quiet family home you might prefer the seclusion of Miami Shores or North Beach.

Some of the best Miami investment properties are in Miami Beach with its pristine beach, restaurants and Lincoln Road mall. Its waterfront condos are also ideal for boaters who can use its marina services. Another choice location for investment property in Miami is Coral Gables with its historic shopping district, art galleries and nearby Deering Bay Yacht Country Club.

At the heart of Miami are its miles and miles of waterfront, which translates into some of the most exciting and sought after real estate in the world. Waterfront communities like Miami Beach and Key Biscayne, where you can combine some of the most extensive and exciting sports and water activities with sizzling nightlife and some of the best shopping in the world, are highly sought after. Miami Beach Real Estate has been marked as one of richest real estate markets by property experts.

Miami Beach also has a limited amount of buildable beach land and even though city officials are keen to build perfect affluent community comprising of high rises these too are finite in number. The best way to maximize profit from a Miami investment property would be to get into these new luxurious ocean front condominiums in the preconstruction phase and guarantee future prosperity.

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