What Are the Benefits of Buying Miami Beach Real Estate?

Miami Beach real estate has always been known for its glamour and the famous tropical climate that attracts people in hordes. Residents of other states often choose to establish their second homes here, because of the climate and its splendid seashore and resorts.

Benefits of Purchasing Miami Beach Real Estate

Miami Beach real estate offers several advantages, which people can cash in by setting up a business or simply purchasing a home here. Here are the advantages:

* The strategic location of the city, which works as a gateway to Central America, Caribbean Islands and South America.
* Provides good connectivity through quality airports and seaports.
* Serves as a major international business hub in the American subcontinent.
* Many foreign buyers and business owners are buying prime properties, making this area one of the best property markets of the region.
* Property appreciation rates range between 3 and 5% annually, depending on the location of the property.
* About 96 % of the economic growth in Miami is from the housing and property market.
* Growing tourism market boosts the property market.

Miami Beach Real Estate: Booming Neighborhoods

These neighborhoods have a booming market with a variety of choices:

* South Beach: One of the most exclusive neighborhoods with premier clubs and restaurants. Established developers have developed superior projects here, all set against the natural beauty of the Atlantic. Apart from the interesting club scene and night life, it also offers necessary seclusion.
* Mid Beach: One of the most luxurious, high end neighborhoods also known for its ultra-luxurious condos. One can enjoy solitude in these luxurious high rise condos or mingle with the multi-cultural residents and visitors.
* North Beach: A huge revitalization of the market is taking place in this neighborhood, with over $1 billion being invested by developers. It is currently a hotbed of realty development.

If you are convinced about the benefits of investing in realty, look no further than Serge Kay. The agent offers a diverse range of waterside homes, condos and luxury villas for sophisticated clients. Serge Kay holds the distinction of being named among the top10 realtors nationwide, by the realty franchise organization Keller Williams in 2009.

Looking for more information related to miami beach real estate visit http://www.sergekay.com/ to find luxurious home in Aventura, Surfside, Fisher Island, Hallandale, Indian Creek and Sunny Isles.

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Property Buyers Drawn To Miami Beach Real Estate Market For Al Capone's Former Home

Miami Beach real estate properties have been known to attract an extensive range of people from all over the world due to the fact that they are located in one of the most beautiful regions in the United States today. One of the most famous individuals that has been known to prefer options within the region is the gangster named Al Capone who was responsible for the Prohibition-era crime syndicate.

Al Capone's Miami Beach real estate property of choice is located along 93 Palm AV within the exclusive island community of Palm Island where an illustrious selection of multi-million dollar homes can be found which easily cater to the upscale needs of the many different types of people who choose to live within such fabulous settings.

Needless to say, the gangster definitely had one of the finest homes on the island as the 30,000-square-foot, seven-bedroom, five-bathroom property he once lived in has many distinctive features which essentially gave the home so much character which remains clear up until this very day as it has been completely restored to maintain its original brilliance.

One of the highlights of the property is a 30 by 60-foot swimming pool which was a focal point for many of the private parties that Al Capone used to host at his stunning island home. Although the pool used to contain salt water that was connected to the Biscayne Bay -- with its water levels rising and falling much like that of the bay -- it has now been replaced with fresh water.

Today, Capone's former home is owned by an investment banker who has placed the property for sale on the market for a value of $9.95 million. Interestingly, people had initially expected a lot of celebrities to be inclined to purchase such as Miami Beach real estate property; however, most of the interest that the home has been receiving has been coming in from history fanatics who appreciate the value of being able to own the home of such an incredibly powerful icon.

While the property remains to be on the market, it is worth noting that Al Capone has had such a major influence when it comes to the Miami Beach real estate market as a whole since a lot of people are instantly drawn to an area that has been chosen by one of the most influential men in history.

Miami Beach is a coastal resort city located in Miami-Dade County, Florida. It is a city that is comprised of a combination of natural and artificial islands which includes Palm Island, the island community where Al Capone's former home is located.

If you would like to learn more about the different options that are currently available to you on today's Miami Beach real estate market, you may contact a professional agent for more information regarding your options.

Yaz Morgan
Miami Beach Real Estate

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Miami Beach Real Estate

Miami Beach real estate is a location where some of the most exclusive properties can be found. The climate, entertainment venues, and atmosphere are most alluring to visitors from around the world. Properties on or near the ocean include lofts, single-family homes, townhomes, condominiums and villas that represent a unique and opulent lifestyle.

The locals that inhabit this region of Florida are privy to several indulgent options. The convenience of restaurants, shopping and nightlife makes this area ripe for those who love the tropicality of this community. From fine dining to more casual eateries, an abundance of variety allows for a number of delectable options. Upscale boutiques and shops line the streets of Downtown Miami, especially in the Bal Harbour area which is known for its high-end shopping venues. Many of the clubs of South Beach offer hours upon hours of live entertainment for dancing, listening and overall enjoyment for spectators.

On Miami Beach real estate, a five-star resort life-style can be attained with oceanfront views and white powder sand beaches. Northeast Miami-Dade County allows for the perfect placement of the Atlantic Ocean to the east and the Intracoastal Waterway to the west. The Miami and Fort Lauderdale airports make for a convenient commute for the millions of visitors that frequent this area annually. Loads of activities can be enjoyed that include water sports like boating, fishing and water skiing. This kind of recreation is sought after year round under warm sunny Florida skies.

This city is also popular for its rich cultural mix. The diversity of the neighborhoods enhance the surroundings resulting in a great place in which to raise a family. The local events cater to each culture with music, art and a wide variety of food selections.

In Miami Beach, luxury properties have become so popular that they are replacing many of the hotels and motels that use to line the main thoroughfare along the Atlantic shores. These towering constructions can be seen from several of the extravagantly designed units with views of the cityscape. A vast amount of redevelopment is sweeping through this prestigious community and totally changing the skyline. Masses of young families are migrating here to settle on or near water. Seniors choose this area of Florida as a retirement spot because of the quiet and tranquility that upscale living on the water has to offer.

More and more developers are seeing the valuable potential in Miami Beach real estate. Unlike other upscale communities, Miami Beach offers zoning for high-rises. This feature is extremely attractive to the savvy investor and developer to bargain for great returns. From the onset, Miami city officials had in their vision to implement plans for building towers of quality housing with modern high-end appeal. The tax revenues generated from the evident influx of people and new constructions, are soaring. However, these funds are all reinvested into the city.

Even with its popularity, Miami Beach has limited beachfront land on which to build. This is why making a purchase at pre-construction usually guarantees a lower price than an existing property. The closer to completion, the price of the property gets more expensive. Therefore, timing is a key factor in the decision-making process.

Without a doubt, the properties found in Miami Beach have become favorites for vacationers, honeymooners and those who just like to call it home. For the investor these properties are most profitable with margins of utility that on occasion have soared above market.

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Investors Are Now More Attracted To Miami Beach Properties That Cater To The Hospitality Industry

Miami Beach properties have always been considered to be a prime option for many different types of people, including tourists, vacation home buyers, and others who seek the high quality of living that is commonly associated with the world-class city. However, the popularity of these real estate options seems to be growing dramatically among investors who are looking for the best opportunities within South Florida.

The city of Miami Beach is quite used to seeing a diverse range of investment activity going on within its borders. After all, being a city that receives such impressive levels of tourist activity each year, it is only natural to be able to find a sensational selection of restaurants, bars, cafeterias, clubs, hotels and other establishments that cater to the millions of people that visit the city annually.

But the hospitality industry seems to be picking up on clues that indicate a very high potential for profit within the city as an international range of investors are now being seen searching actively for Miami Beach properties such as hotels for sale which are guaranteed to provide them with access to profitable gains.

Being a world-class beach resort destination definitely has its perks. One of the clear perks being seen within the city involves its consistently high number of visitors and the influx of money which essentially creates an increase in hotel occupancy rates.

As of September 2012, the average hotel occupancy rate went up to as much as 75.9 percent within the city which marks a twelve-year high for the city of Miami Beach.

Such a high demand for hotel rooms and other accommodation options is also being made apparent by the fact that there are a lot of development projects going on in a variety of areas wherein people can expect to find Miami Beach properties taking on upgrades and makeovers which will essentially enable investors to charge more for the options that they will be making available to the public.

Even old establishments are being purchased and altered since there really are no new real estate options available to property buyers. One perfect example would be the old Royal Palm located at 1545 Collins Avenue which has undergone renovations and is set to reopen as the James Royal Palm Hotel which will be operated by the Denihan Hospitality Group of New York.

While it is true that the recession from a few years ago had created a negative effect on the tourism and hospitality industry of the region, the fact that there is now a huge need for Miami Beach properties is something that investors are going to want to cash in on, especially since further value appreciation is expected in the very near future.

If you would like to find out more information regarding the availability of real estate investment opportunities on today's property market, you may contact a professional real estate agent for more details.

Yaz Morgan
Miami Beach Properties

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