In 2022, the Florida real estate market has become one of the most profitable in the US. In 2023, it continues to stimulate the state's economy. Buying investment real estate in Florida means taking care of the future. Consider the three new profitable developments in Florida that will be of particular interest to investors.
Content:
- Real estate in Reach Brickell City Center
- Apartments in Aston Martin Residences
- Land plots in Punta Gorda
- Florida for investment
- How to become a Florida property owner?
Real estate in Reach Brickell City Center
Reach Brickell City Center is one of the largest developments in Miami. It is a building housing 390 one- to four-bedroom apartments.
The apartments’ feature is panoramic floor-to-ceiling windows with a magnificent view of the city and private terraces. Housing is commissioned ready to move in, with premium furniture and appliances. The residential community in Florida provides:
- Gardens and recreation areas;
- A barbecue area;
- Sports and children's playgrounds;
- Swimming pools, including temperature-controlled ones;
- A fitness studio;
- A business center and a library;
- A spa with a hammam, swimming pools, showers, and a steam bath.
Features of the Brickell area
Buying a property in a 43-storey condominium is an investment to protect and increase your income in the long run. Many experts recommend investing in real estate in South Florida. At the same time, one of the most attractive places for buyers is the Brickell area, often referred to as “South Manhattan Miami”. Here the following places of interest are concentrated:
- Financial hubs
- Overhead metro lines
- Popular cafes
- Clubs
Brickell is also a reputable business center with all the advantages inherent in Miami: a gentle sun and resort setting.
Reach Brickell City Center is located 5 minutes away from the American Airlines Arena, 10 minutes from Wynwood Miami, and 15 minutes from South Beach and Miami International Airport.
Real estate prices
Apartment prices in this residential community start at $680,000 and can be as high as $3,600,000.
Apartments in Aston Martin Residences
The luxury development in 300 Biscayne Boulevard Way in Miami-Dade will be the highest point south of New York City. The tower will be about 244 meters high. A number of 391 outstanding apartments in a luxury residential complex with the Aston Martin-inspired design is a worthwhile investment in both the long- and short-term.
Here are some of the community’s features:
- Marble floors in all living spaces;
- High ceilings, panoramic windows, and sliding glass doors;
- Panoramic views of Biscayne Bay, the Atlantic Ocean and Miami;
- 5-star service throughout the residential complex;
- Membership in The Aston Martin Club;
- A rooftop helipad;
- 24/7 butler and valet services;
- An infinity-edge pool;
- A fitness studio and a spa;
- An art gallery.
Real estate prices
The cost of apartments in the first coastline residential community ranges between $600,000 and $50,000,000.
Land plots in Punta Gorda
Today, foreign investors have the opportunity to buy both real estate and land plots for subsequent construction of profitable facilities. In Punta Gorda, southwest Florida, there are three interesting plots of land on offer, ideal for real estate investment in Florida.
Land plots features
The territories have direct access to the sea and are just a short boat ride from Charlotte Harbor, Boca Grande, and the stunning barrier island of Cayo Costa, an incredible place with huge tourism potential.
Advantages of Punta Gorda
The city of Punta Gorda is a very popular place among yachtsmen. The picturesque town also offers leisurely walks along the promenade, the restored historical center, relaxation and tranquility surrounded with untouched nature.
Some of the interesting places in Punta Gorda:
- The AC Freeman House Museum in Punta Gorda, a restored late Victorian house.
- A fisherman's village with souvenir and clothing shops, restaurants, military heritage museum, and marina. Here you can relax on the beach, go boating, go fishing, and play golf.
- Natural and protected parks: Charlotte Harbor State Park, Babcock Ranch Preserve, Ponce de Leon Park.
There is also a secondary school, Charlotte High School, where children in grades 9-12 study.
Land plot prices
The cost of each plot is about $450,000. It is possible to buy both several plots or each plot separately for constructing a private multi-apartment house in Florida or for developing other real estate.
Florida for investment
The state is quite flourishing in trade and economics, and the influx of tourists is only growing. Florida is home to the largest theme parks, the most famous of which are Universal Studios and Walt Disney World. Florida's job market is expanding. In 2022, 440,000 new jobs appeared here. The lowest unemployment rate was recorded in Miami cities of Dade and Monroe being at 1.4%.
Florida stands out from other US states not only with low taxes, no income tax, and more affordable housing prices. Florida is an opportunity to live exactly the life that almost everyone dreams of - surrounded with palm trees, in a mild climate with year-round sunshine, and resort-style setting of fun and romance.
How to become a Florida property owner?
If you are interested in buying profitable real estate in Florida, please contact Florida.Realestate representatives. The professionals will tell you about available investment options by phone or online chat. See you!