Miami Beach Luxury Homes For Sale

Images of beautiful beaches come straight to one’s mind when he thinks of Miami. This resort city is located on the barrier islands between the Atlantic Ocean and Biscayne Bay. It is a top tourist destination and offers a very high quality of life to its residents. For the retirees and all those who love to live a cool and relaxed life on the beaches, Miami Beach with its excellent weather conditions is like a paradise on earth.

Even though the median home value in Miami Beach is only $398600, prices can go up to many millions if you are looking for something spacious and with ocean view. You can choose from many Miami Beach luxury homes for sale if you can afford multimillion-dollar price tags. Median monthly rent in Miami Beach is $1198, much higher than the average national monthly rent of $949. Even if you were to rent out your luxury Miami Beach real estate, you can earn attractive return on your investment.

Miami Beach has everything you want from your lifestyle. You can enjoy wonderful weather conditions all around the year. You can practically live just next to a beach. You get all modern amenities to form world-class shopping and dining facilities to parks, hospitals, and high-quality public schools. Life is a little slow paced and very relaxed in Miami Beach. You can have as much enjoyment you want from having fun on the beach to absorbing the art and culture in the neighborhood of South Beach. With so many advantages of living in Miami Beach, it is no wonder that its population is increasing with each passing year and now stands at more than 91000.

Despite being a bit on the higher side, real estate in Miami Beach still offers great value for your money. You can still buy more than 800 sq ft of real estate with $1 million in Miami Beach. In comparison, this much money buys only 183 sq ft living space in Monaco and only 290 sq ft space in New York. Even in Los Angeles, $1 million can buy you about 700 sq ft living space. As such, Miami Beach condos and homes not only offer the best quality lifestyle but also an opportunity to get high returns on your investment.