Miami Beach is an extremely popular and desired “second-home” destination, especially when it comes to luxury. Its prime location continues to attract millions of tourists and home buyers, along with the city’s stunning beaches, fantastic weather, wide assortment of restaurants, eclectic blend of beautiful people, exciting nightlife and laid back living.
Most luxury vacation-home buyers are looking for exclusivity and privacy. These buyers seek properties near the water – a place to live, play and enjoy their time during any season.
Luxury Communities for the Sophisticated Buyer
There are diverse options and areas where the elite second-home buyers can choose from:
o If the preference is living in a condo, there are a variety of high-end condos in Miami Beach (90% of all residences are condos). Luxury condos are usually situated on the beach, near the beach or facing the Biscayne Bay.
The most famous condo areas are: South of Fifth area (SoFi) located on the southern most tip of the island, considered the most exclusive and expensive condo area in Miami Beach; Collins and West Ave. are also filled with plenty of beautiful condos, and last but not least is Fisher Island.
o If the preference is a home, there is also a generous selection of upscale neighborhoods. The Miami Beach waterfront consists mainly of Miami Beach islands: Allison Island, La Gorce Island, Star Island, Fisher Island, Sunset Islands, Indian Creek Village, Venetian Islands, Palm & Hibiscus Island. These islands offer sophisticated Luxury gated communities occupied with beautiful waterfront mansions and estates where many celebrity and personalities own a property.
The other 2 communities that are also very exclusive are North Bay Road with spectacular waterfront properties and Pine Tree Drive with a wide range of luxurious homes.
Thinking about Relocating to Florida?
Florida is an ideal place to relocate. For people thinking relocating, Florida offers a great advantage above more than 40 of the other states here in the U.S. In Florida there is no State Tax, which means No State Income Tax for individuals and corporations. This is the reason why many Hollywood stars and sport celebrities move to this state. For instance, Miami Heat star LeBron James is saving millions of dollars now that he relocated to Florida.
Prime Locations are Selling Well
Today’s Real Estate market conditions show that the luxury segment is picking up; brokers and real estate agents are reporting more inquiries everyday. In general, properties situated in the top locations, on the water or near a ski slope, are selling very well. This makes Miami Beach an excellent opportunity for buyers from all over the world, especially in the countries with growing economies or where their money exchange is stronger than the US dollar.
Working with a Real Estate Agent
It is always recommended to work with a Real Estate agent in order for you to be guided from beginning to end in the process of buying your dream home.
Please contact Miami Beach Apartments.com for assistance.
By Natalia Gallego
T: 305-431-6489 Email: info@MiamiBeachApartments.com