Miami Shores, Florida, the quaint, suburban village neighboring downtown Miami, offers a complete package for vacation home buyers. Only a 15-minute drive from the heart of Miami, Miami Shores boasts many magnetic features of its own. Shoreline homes perched on Biscayne Bay and a prestigious, local country club are only the crest of the wave when it comes to reasons for choosing Miami Shores real estate.
Miami Shores Real Estate
It’s clear that vacation homes in Miami Shores are only increasing in demand. Data show that the current median list price for vacation homes is $395,000, a 6.8% increase since last year. What’s more, the median sale price is $366,300, a 33.3% increase since last year. The number of home sales increased by 7.9% since last year, seeing 75 sales from April 24th to May 15th, 2013. Another telltale sign that Florida real estate is en vogue is that the number of days that vacation homes are on the market is consistently decreasing. Last year, real estate typically stayed on the market for 108 days, while this year homes are off the market after 62 days. That’s almost twice as fast.
Whether you’re looking to buy a home with two bedrooms or four, the price per square foot is on the rise with the current going rate at $175, a 21.5% increase since last year. This upward swing has been gaining momentum over the past few years and is likely to continue. Many of Miami Shores’ homes were designed in the exquisite Mediterranean and Spanish Colonial Revival style, with numerous properties on the United States National Register of Historic Places. With an average list price of $555,500, you won’t want to wait to buy.
In a town like Miami Shores, it’s easy to feel dazzled by all there is to experience. Whether you’re interested in the main attractions or want to venture off the beaten path, Southeastern Florida flaunts a wealth of opportunity. The city itself offers relaxing oases in the greenery of lush public parks. The ample, pristine coastline provides the perfect setting for basking in the sun or enjoying a variety of water activities in Biscayne Bay. The city also features a picturesque country club, a vast public library, and a thriving community center. With such enchanting recreation nearby, it’s no wonder “for sale” signs don’t stay on Miami Shores’ homes for long!
In addition to the village charms, a short drive out of the city presents those looking to buy a home with a myriad of possibilities. Enjoy the creations of diverse artists on display at the Miami Art Museum or the Norton Museum of Art. Awaken your senses with a Broadway performance at the Broward Center for the Performing Arts or experience the wonders of the world at various botanical gardens and science museums.
While vacation homes are a hot commodity with over 70 sold in April of this year alone, there are still plenty to go around. Buying a home in Florida is a unique and certain way to invest since you gain personal experience with the property before purchasing. With satisfaction guaranteed, what better way is there to settle into your dream destination home?