One of the most popular places to live in the USA - Florida - offers many housing options for any budget and lifestyle. This is a popular destination for those who love the sun, known for its beaches, theme parks and warm weather. Real estate experts recommend taking into account the features of the most sought-after areas of the state when buying a property.
Locals note that there is much more to Florida than famous attractions: from bustling Miami and Tampa to the quaint coastal towns of the Panhandle and the serene natural beauty of the Everglades and Keys. It combines a fast-paced urban lifestyle and a relaxed life by the sea. Now the average real estate price is $400,000, which is comparable to 2022. Florida's population growth is an important driver of rising prices as people move from other states, especially from the northeast, in search of warmer weather and lower cost of living.
One of the most popular locations in Florida is Miami. The average house price is $565,000. The city boasts a vibrant and diverse culture influenced by Latin American and Caribbean roots. With year-round sunshine, beautiful beaches and a thriving entertainment scene, Miami is a popular destination for both tourists and locals. However, it should be borne in mind that in comparison with Tampa, the cost of living in Miami is 21% higher.
Tampa, with an average property price of $410,000, is known as the “sunny city". There are more than 246 sunny days a year, which makes the city an ideal place for those who like active recreation. There is a diverse community with a rich history and vibrant cultural life. Ybor City with constant night activity, Bayshore Boulevard with a peaceful atmosphere - many places in Tampa are worthy of attention.
The average house price in Jacksonville is $297,000. It is the largest city in the state by area. Life here is a constant stay surrounded by objects of art and culture, museums, theaters and art galleries, the opportunity to go hiking, fishing, surfing. However, in Jacksonville, high humidity in the summer months can be a problem, which is worth considering.
The average house price in Orlando is $360,000. The city is known for its warm climate, lush vegetation and busy life. The world-famous theme parks are located here. In addition, there are several universities and colleges in Orlando, which makes it a great place for those who want to get a higher education.
The average house price in Fort Lauderdale is $515,000. The city is located on the east coast of Florida and boasts more than 11 km of beautiful beaches. Fort Lauderdale is a popular destination among tourists and locals, known for luxury yachts, vibrant nightlife, a variety of restaurants and shops.
When buying real estate in Florida, it is worth considering the potential rental income, the growing population and the strong economy of the state. All these parameters make the state an optimal place for long-term real estate investments.