Sunny Isles Beach is the perfect combination of tranquility and fun. Just walk a little through its two miles of pure white sand to realize where you stand. In addition, being located northeast of Miami, right next to the Atlantic Ocean and the intercoastal waterway, this city is an ideal place for trade and development. Its temperature does not vary much from the rest of the cities of Florida.
Despite the hot days, it decreases thanks to the ocean winds in this part of the world. According to AccuWeather, the average maximum temperature on a normal day is 25 degrees. The minimum is 15 degrees. So, today we will go into detail to analyze Sunny Isles Beach and discover its investment and entertainment potential.
Sunny Isles Beach: Unique City for Tourists and Investors
Sunny Isles Beach is known as the Florida Riviera because, without exaggeration, the view is priceless. Upon arrival you will find the imposing Atlantic Ocean on the right, and on your left an avant-garde architecture that has nothing to envy to the great cities of the world. But what makes it so unique for both tourists and investors? Here we tell you.
Tourists love events and public places
In the case of tourists, open-air events , public and free, are the ones that take the top prize. In Sunny Isles Beach you can enjoy concerts, yoga sessions, meditation and all kinds of themes that keep visitors entertained.
You can also visit its cultural destinations and relax in its parks and beaches. In addition to luxury activities, such as going to restaurants, nightclubs, theaters and spas. And take boat rides and scuba diving.
Investors love profitability
For investors, it’s no different. According to AirDNA, in February 2020, just before the pandemic, the occupancy rate was nearly 75%. This data shows that when tourism returns to normal, an early investment could leave attractive returns.
Let’s also remember that mortgage rates are at historic lows. For this reason, Sunny Isles Beach could be a great option to invest in luxury properties.
So, is Sunny Isle Beach worth investing in?
On Travel Advisors, Sunny Isles Beach was voted a top destination. This information shows that, of the cities in Florida, this can be in the top 3 to invest and travel. Deerfield Beach can also be found in the ranking.
However, according to the Miami Real Estate Trend, Sunny Isles Beach gets the lion’s share of the pie in terms of tourism. Therefore, an investment here could leave interesting returns thanks to tourism and occupation in general.
Without a doubt, Sunny Isles Beach is a destination with potential for both investors and tourists. The quality/price ratio of homes for sale in Florida has made many investors keep an eye on it. Especially since the cultural diversity that Sunny Isles Beach brings is difficult to replicate elsewhere.
According to the Sunny Isles Beach data center, in 2000, English was not the dominant language of this city. It was Spanish, followed by 13 other languages including English. If there is a place where you can do business and live with people from all over the world, this is it. At PFS Realty Group we have been in the market for years and we know from start to finish how real estate investments work in Miami. We recommend you get in touch so as not to embark alone on this journey. We hope this guide to Sunny Isles Beach solves your doubts and encourages you to invest in Florida.
References
AccuWeather. (2020). Sunny Isles Fl. Temperature History. Retrieved from: https://www.accuweather.com/en/us/sunny-isles-beach/33160/current-weather/2245325
AirDNA. (2020). Marketminder Miami Beach Overview. Retrieved from: https://www.airdna.co/vacation-rental-data/app/us/florida/miami-beach/overview
Miami Real Estate Trends. (2020). Condos in Sunny Isles Beach. Retrieved from: https://www.miamirealestatetrends.com/condos-in-sunny-isles-beach/
Modern Language Association. MLA’s Data Center Results of Sunny Isles Beach, FL. Retrieved from: https://apps.mla.org/map_data_results&state_id=12&county_id=&mode=place&zip=&place_id=69550&cty_id=&ll=&a=&ea=&order=r
TripAdvisor. (2020). Explore Sunny Isles Beach. Retrieved from: https://www.tripadvisor.com/Tourism-g552080-Sunny_Isles_Beach_Florida-Vacations.html