Investing in Florida
Posted on February 27, 2009
Filed Under florida real estate investment |
When you think about investment markets, one thing that will always come up is real estate in destination areas. There are a few of these areas in the U.S. One of the most active is Florida. For years now the Florida real estate market has been booming. Well, booming may not be quite the term, exploding is more like it. There is nowhere in the U.S. that has more in terms of amenities and attractions to offer a savvy investor. The proliferation of Florida real estate is closely tied to both the weather in Florida and the attractions such as Disney World, Universal Studios and others.
However, there is a lot more to Florida than just theme parks and sun. Florida offers an environment that is ideal for real estate investment. An abundance of available properties and a high demand for quality vacation and longer term rentals has created the ideal atmosphere for some serious ROI. Let’s have a look at the Jacksonville area. The “first coast” is an amazing area characterized by Florida’s famous white sand beaches that stretch for an eternity before dissolving into the crystal blue ocean. It’s hard to imagine a more beautiful place, when people think of Florida this is what they see in their minds.
Whether you are thinking of investing for the long-term or short-term there is a great selection of properties that will suit your every need. Of course with this area the vacation rentals is the market of choice. Vacation rentals make fantastic money all year-round as this area has more that 300 days of sun annually. Many families and individuals seek out vacation rentals as a cheaper and less commercialized alternative to major chain hotels and spas. Many smart investors have made their fortunes off vacation rentals. You can too!
Katie Lancelot
http://www.articlesbase.com/real-estate-articles/investing-in-florida-119561.html
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2 Responses to “Investing in Florida”
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Best real estate investing market in south florida?
I want to be a real estate investor and would like to know what city has the highest selling rate in either broward or palm beach county florida
Livng in Ft Lauderdale, I feel competent to answer this.
The market is horrible right now all over and you can get a great deal most anywhere.
The most stable of all areas is the one with the least For Sale signs, and that would be the area closest to the ocean.
However to get the best DEALS, drive the areas with the MOST signs and just call and ask if they will be willing to give you a steal to walk away…..many will.
The local paper has a search engine that will give you all the answers you want.
I have a friend who moved out of state and has a 3BR 2Ba condo not far from the water in Pompano Beach that you probably could pick up for $175,00 or less that compares with new ones selling for close to $400,000. If you call me at 954 788-9700 I can put the two of you in touch ( I'm NOT a Realtor !!)
References :
http.//www.sun-sentinel.com