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Miami luxury condo-hotel and pre-construction condo investments are booming. According to the National Association of Realtors, the average appreciation for South Florida properties has been approximately 21.6% per year for the past few years. Many waterfront new condos have appreciated as much as 25% or more per year from 2002 to 2007.
As one of the fastest-growing destinations in the modern world, Miami continues to magnetize savvy real estate investors from around the globe who want to own part of this prototype international community of tomorrow. Our team works with many buyers and sellers who live outside of the Miami area. Our clients (buyers) are never charged a fee for our services.
Miami is a gateway to Latin American and European nations, a world-famous entertainment district, fine-dining and cultural empire, and an international fashion capital...drawing the elite of the business, glamour and film industries to its 340-plus days of sunshine every year.
South Florida Real Estate Statistics:
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Single-family home values have doubled over the past five to seven years.
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1500 families move into the city every day according to the Miami-Dade Census.
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Florida is the fourth most populous state and the third fastest growing state in the U.S.
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Miami Beach real estate has appreciated to more than $1500 per square foot in certain areas.
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37,000+ new condos are planned or under construction in the downtown area.
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5000+ new condos are planned or under construction in the North Beach-Millionaire's Row area.
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Baby boomers are rediscovering Sunny Florida and are re-settling here.
Spring 2008 News Update:
Prices are dropping rapidly in the Florida area. Miami is a BUY now!
With the Canadian $ at Par or better with the US$, it is time for Canadians to jump in and find their best deals.
The Euro at 1.50 to the US$ only means that Europeans can find their dream homes and condos in sunny South Florida.
Call Serge Kay now! Let me help you find a great deal on our beautiful beaches.
24/7 service for all my clients - cell: 786 512-5555 email: serge@sergekay.com
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