Luxury Homes Worth Investing in South Florida, USA
Mandarin Oriental Residences and Paramount Miami World Centre are some key luxury residences to check out in South Florida.
The post Luxury Homes Worth Investing in South Florida, USA appeared first on LUXUO.
Over the past decade, South Florida?s city skylines have soared to incredible heights. From Miami to Boca Raton, high-rise living is now some of the most sought-after in the area. We look at homes that provide their residents with the best views possible, the penthouses.
Paramount Miami offers luxury residential units. Image: Paramount Miami.
When you think of high-rise living in the United States, three areas come to mind: New York City, Chicago, and South Florida, but the area getting the most attention these days out of the three is the latter. As tech and finance companies relocate to the low-tax and highly tropical South Florida, real estate developers are building some showstopping homes to attract buyers. With limited waterfront houses, many of these new homes can be found in the glitzy condominium buildings along Biscayne Bay and the Atlantic Ocean. After all, why move to Miami if you?re not going to have a view" Home prices in South Florida have continued to surge since the start of the pandemic. For example, the median sales price for a condominium in Miami is USD 390,000. Although relatively low compared to major cities such as New York City, the median price a year ago was USD 325,000. That?s a significant 20 percent increase.
The price per square foot...
The post Luxury Homes Worth Investing in South Florida, USA appeared first on LUXUO.
Over the past decade, South Florida?s city skylines have soared to incredible heights. From Miami to Boca Raton, high-rise living is now some of the most sought-after in the area. We look at homes that provide their residents with the best views possible, the penthouses.
Paramount Miami offers luxury residential units. Image: Paramount Miami.
When you think of high-rise living in the United States, three areas come to mind: New York City, Chicago, and South Florida, but the area getting the most attention these days out of the three is the latter. As tech and finance companies relocate to the low-tax and highly tropical South Florida, real estate developers are building some showstopping homes to attract buyers. With limited waterfront houses, many of these new homes can be found in the glitzy condominium buildings along Biscayne Bay and the Atlantic Ocean. After all, why move to Miami if you?re not going to have a view" Home prices in South Florida have continued to surge since the start of the pandemic. For example, the median sales price for a condominium in Miami is USD 390,000. Although relatively low compared to major cities such as New York City, the median price a year ago was USD 325,000. That?s a significant 20 percent increase.
The price per square foot...
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