Quote:
Originally Posted by futuresooner
Sunny Isles Beach has got to be one of the 20 cities with the highest concentration of wealth in the world. Most of these towers, especially the most recent post-recession proposals, have been stunning pieces of architecture, basically sky art.
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Its a great place to retire. Although most of the prices to buy condos along the beach start at around 700k or more on average. Although if you are willing to look, you can find some great deals below that price. It sure does beat New York real estate where you get a shack if you purchase a property and it could land you maybe a studio in Manhattan or a small 1-2 bedroom for 2-3x the price. But nevertheless, its just a matter of looking around. Although the next hotspot is going to be the Edgewater neighborhood. Even Miami beach is seeing a surge in property development. Coral Gables is also an area that is up and coming.
Florida is indeed a hotspot for wealth. Southern Florida that is. Tampa as well on the gulf coast of the state.