In recent years, Midtown Miami has become one of the most popular areas of the city to visit and to invest in new projects. It emerged as a new area in the middle of the most important neighborhoods of downtown Miami, between Wynwood and Design District.
The must-see landmark for any tourist is The Shops at Midtown, an open-air shopping complex with international brand stores and an extensive central garden. The elegant houses and skyscrapers of the residential neighborhood of Edgewater, the graffiti of Wynwood and the fashion district complete the proposal. In addition, it has first-class restaurants and bars, promenades and numerous entertainment options. Thus, this neighborhood is an excellent place to live and even make an investment in real estate.
Four reasons to invest in Midtown Miami
The degree of tourism and commercial development of this area has positioned it among the main real estate investment destinations. Why is it convenient to acquire a property in the area?
Competitive prices
If you wonder how much an apt costs in Miami, keep in mind that, being an area with relatively recent development, in Midtown Miami the price per square meter is more competitive than in other neighborhoods.
Although it is a central area, it includes a wide variety of emerging real estate projects. Thus, you can take advantage of unique opportunities in top-tier real estate.
High demand in Midtown Miami
In recent years, residential demand has increased from foreign investors, especially Latin Americans. More and more people decide to buy homes to rent or sell, to benefit from constant returns and excellent capital gain.
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Also, keep in mind that real estate in the state of Florida offers a wide variety of options for profitability. For example, vacation rentals throughout the year or in high season, room rental, purchase of units in gray work, and turnkey resale.
Strategic location
This area is just 50 kilometers from Coral Springs and 35 from Pembroke Pines. This is a strategic point to start to know the best locations in Florida. In addition, Miami Beach can be reached in just 15 minutes. There you can enjoy the beaches, restaurants and the most exclusive shops.
Its four emblematic neighborhoods are home to prestigious restaurants serving international cuisine and luxury brands. It is an attractive destination for tourists and permanent residents. In this sense, it is perfect for vacationing or to live with an exclusive standard of living.
New real estate developments
The area is experiencing a real estate boom of new ventures with all the essential amenities for your lifestyle. Quick access, excellent views, security and comfort are combined in projects designed for different needs.
You can find one-bedroom lofts, family apartments, exclusive penthouses, mansions and houses. Even new condominiums are being developed with incredible views, sustainable design and first class services.
Midtown Miami is positioning itself as one of the best areas for real estate investment by locals and foreigners. Are you thinking of buying a property as a vacation destination or to invest in this or other areas of Florida? Contact our experts at PFS Realty for personalized advice on apartments for sale in Downtown Miami.
- References
Compass. (2023). Welcome to Midtown Miami.
Hotels. (2023). Midtown Miami. A Small and Creative Miami Neighborhood.