Miami Beach Real Estate
The boom of Miami Beach started back in September of 1924 with Carl
Fisher. He constructed a seven-story office building and christened it
as the Van Dyke. He would use this building as a show room so that his
prospective buyers could have the opportunity to witness for themselves
the potential of the beautiful land. He would take his guests to the
terrace of the top floor to scope out the surrounding areas.
Eventually, the prospects became his investors, and development in
Miami Beach blossomed. Buyers started to line up for a piece of the
action.
After 20 years, Miami Beach,
Bal Harbour, and Aventura reaped the benefits of Fisher’s image. In
fact, in 2005, Miami Beach real estate saw a record breaking year with
the appreciation of new construction and resale lands appreciating at
six percent. With the rich and famous continuing to build their homes
there, the appeal of the area has only continued to rise. Mortgage
rates are now down adding more fuel to the fire for the attraction of
properties in the area. Interest rates are more favorable than ever.
The entertainment, diverse culture, high-end shopping, fine dining,
world-class boating, the finest greens for golf, and the opportunity to
rub elbows with its elite citizens are icing on the cake. And the
year-round tropical climate is the cherry on top.
Whether you are looking for an apartment building, a condominium, or a
single-family home, you can find a real estate property that will suit
your taste in Miami Beach. The properties range from tens of thousands
to tens of millions, depending on your budget.
If you are looking for a commercial investment property instead, those
are also available. You can also find storefronts and shopping centers
for sale.