A property is one of the most significant investments you can make, and an asset that is noticeably growing in value from year to year. Experts have identified the cities of Florida, where the most expensive real estate is currently represented.
The cost of real estate, as in any other state, including Florida, depends on its location, area, year of construction and condition. The current list of cities with high real estate prices in Florida now looks like this:
- Miami;
- Fort Lauderdale;
- Pompano Beach;
- Key West;
- Cape Coral;
- Fort Myers;
- North Port;
- Sarasota;
- Bradenton;
- Port Saint Lucie;
- Orlando;
- Kissimmee;
- Sanford;
- Sebastian;
- Vero Beach.
It is worth noting that real estate prices in 2023 reached their historical maximum, and therefore buyers should pay attention to its purchase in installments. Along with the growth of mortgage rates, the number of monthly payments also increases, which is important to take into account. At the moment, the fixed mortgage rate for 30 years is 6.69%.