Miami Beach - South Beach Real Estate
Real estate Miami Beach
Miami Beach is arguably one of the most sought-after destinations to live in across the whole of Florida. Miami is well-known thanks to its prominence in popular culture, but also for its fantastic weather, mixed cultural background, and high quality of life index. The costs of living in Miami Beach are also very reasonable, being ranked at #22 in the country.
One of the biggest draws to Miami Beach is the very high climate index. There is favorable weather throughout the year with a high score of 85.69 as provided by Numbeo. Miami Beach is also known for its strong healthcare system with a health care system index of 62.91. In terms of real estate, people have limited options with regards to single family homes, as Miami Beach is mostly condos.
With an estimated population of around 88,000 according to the latest U.S. census, Miami Beach isn’t the largest city in Florida but it’s often known as one of the most lively. Thanks to the high population and status of the city, the real estate market in Miami Beach is constantly growing and there are countless opportunities for homeowners to purchase property with help from a trusted mortgage broker.
Basic information about Miami Beach
Miami Beach is located on man-made barrier islands that separate the Atlantic Ocean and Biscayne Bay. It is home to several Orthodox Jewish communities with a network of synagogues and yeshivas. In addition, Miami Beach has been regarded as a hotspot for the LGBT community. For decades, it has been ranked as one of the most LGBT-friendly cities in the United States with five service and resource organizations dedicated to the LGBT community. In terms of education, there are plenty of public and private schools such as North Beach Elementary and Treasure Island Elementary. The Florida International University School of Architecture also has a sister campus on Lincoln Road in South Beach.
Public transportation in Miami Beach is operated by Miami-Dade Transit (MDT). Public transit is a vital part of city life in Miami Beach and while it has no Metrorail stations, there are numerous Metrobus lines that connect to Downtown Miami and Metrorail. The South Beach Local (SBL) line is one of the busiest lines in Miami and connects major points of South Beach to other bus lines within the city. In general, Metrobus ridership is very high in Miami Beach and residents are heavily reliant on it. Alternatively, residents may rely more on cycling to get around. Due to Miami Beach’s dense urban nature and pedestrian-friendly streets, cycling has grown in popularity and there are also bicycle sharing systems available around Miami Beach. For residents that prefer not to own a car, Miami Beach is a perfectly accessible city thanks to all of the public transport options available.
Miami Beach is known for its many iconic shopping districts. This includes Lincoln Road Mall, the Miami Design District, and the boutique stores in Wynwood. These districts offer unique shopping experiences with well-known brand name stores, local boutiques, and a mix of fine dining restaurants and fast-food chains. There are also many amenities such as gyms, healthcare centers, and banks located close to the major shopping districts. Some of the most popular neighborhoods in South Beach include Belle Isle, City Center, Di Lido Island, Star Island, Palm Island, and Rivo Alto Island. In Mid-Beach, there are three neighborhoods; Oceanfront, Bayshore, and Nautilus. In North Beach, there are four neighborhoods; Biscayne Point, Isle of Normandy, La Gorce, and North Shore.
Purchasing real estate in Miami Beach
Whether you’re a first-time buyer or are looking to relocate your family, Miami Beach could be a great location for your next home. Homes in Miami Beach can be expensive, but if you are looking to purchase, we will try to help you secure a mortgage on your dream home.
So if you’re curious about purchasing a home in Miami Beach, don’t hesitate to get in touch with Mortgage Quote today for more information. As mortgage broker specialists, we can help you find the best interest rates to help you buy your dream home in Miami Beach. We’d be more than happy to give you the advice to make it happen. Simply get in touch with us today to get a mortgage quote and we’ll take it from there.