Moving To Miami? Where To Live, And the Pros and Cons to Consider
The Pros and Cons of Moving to Miami, Florida Miami, a colorful metropolis located at the southeastern tip of Florida,...
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Miami, Florida, has so much to offer current residents and those looking to move. There are countless fun things to do in Miami, with beautiful beaches for swimming or surfing. In addition, there’s shopping at the Bayside Marketplace, nightlife and restaurant adventures in Brickell and Miami Beach, and biking trails through the city’s many parks. The city has plenty of boating and fishing opportunities as well.
Are you in the market for a newly renovated home in Miami? If so, you’re in luck! There are plenty of homes that have been recently renovated and are now on the market.
Miami and its surrounding neighborhoods have many attractive locations with unique characteristics. These neighborhoods include Brickell, Miami Beach, Coconut Grove, Miami Shores, and Coral Gables. So whether you’re looking for a young urban crowd, nightlife, arts and theatre, waterfront living, or a laid-back community, Miami has the neighborhood just for you.
The Miami real estate market has grown steadily over the past decade, and property values have increased significantly year over year. In just the past year, the median home sale price in the Miami area rose nearly 13 percent, and homes for sale are averaging just 23 days on the market. The median sales price for single-family homes is approximately $620,000, while the median sales price for condos is just north of $416,000.
Neighborhood | Population | Median Home Price (Single Family) |
Brickell, FL | 14,000 | $625,000 |
Miami Beach, FL | 81,000 | $545,000 |
Coconut Grove, FL | 20,000 | $2,270,000 |
Miami Shores, FL | 11,500 | $1,075,000 |
Coral Gables, FL | 48,500 | $1,140,000 |
Bustling with nightlife, fine dining, shopping, and more, Brickell is right outside downtown Miami.
Located just north of Downtown, Miami Shores is a safe and desirable residential community filled with golf courses, hiking trails, restaurants, and outlet stores.
Coconut Grove is a beautiful neighborhood filled with sidewalk cafes, museums and shopping. In addition, the area has many upscale hotels and restaurants and dozens of residential and commercial high rises.
Located a few miles southwest of Downtown Miami, Coral Gables is filled with large, tree-lined streets and is home to the University of Miami. Planned in the 1920’s by George Merrick, Coral Gables unique architecture boasts plenty of parks, plazas, fountains, shops and cafes.
Whether you’re looking for a single-family home, multi-family home, or a condominium, Miami and the surrounding communities offer a wide range of opportunities. With so much to do and many areas to explore, you can’t go wrong buying a home in Miami, whether for personal or investment purposes.
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