Millionaire’s Row is an exquisite place in Miami Beach with 21 lovely blocks of condominiums, beachfront homes, shops and restaurants. Luxury is what the place is all about, and it’s no wonder many millionaires and well-to-do investors have made this place their home.
The shopping venues within the area are upscale and the promise of fine dining and a championship golf course helps the residents of Millionaire’s Row feel its elite appeal. Politicians, movie stars and business moguls are some of the people holding addresses in the Miami Beach area.
Retirees and Young Families
With spacious vacation rentals and homes that are very chic and modern, retirees, holidaymakers and young families have not been left out in this ever-promising real estate of the Miami Beach condos market. The place is exclusive with sand, sun and being known for its opulence.
The Southeast Florida real estate market has been receiving many interested buyers from U.S. and Latin American real estate investors. Miami Beach waterfront properties are rented and sold, with a good number being baby boomers in their retirement. The condominium market has seen solid growth buoyed by tourism.
The Miami Beach area has seen many condos and homes developed over the years, which accommodates those who are seeking property at lower prices. The good thing is that the prices currently running on are still lower than the previous construction boom period. This knowledge has led to many who are privy to it to acquire homes in Southeast Florida.
You could take the route of buying or renting homes located within gated communities that offer privacy and security. Water lovers who also have passions for sailing or surfing can acquire homes on island estates that have docks, and hence won’t have to pay slip fees at the marina.
Miami Beach real estate has continued to enchant buyers with its amazing entertainment scene, party scene, and celebrity scene. The homes in the area allow for residents to get around to the beaches, restaurants and shopping locations easily and hassle free.
There are many people who are living in the state of Florida part time and they prefer the condos. An advantage of condominiums is the freedom to travel because outdoor maintenance is already taken care of. The space is always ready to be occupied when the owner needs it. Condominium sizes are broad ranging. Couples and those vacationing alone prefer smaller spaces. Others are expansive with large living spaces fit for families and groups. Miami Beach and Millionaire’s Row are definitely the place to buy a new home.