@PropertyGuide Thu 23 Jul, 2020
Owning a waterfront property in Miami
The south shore of Miami is a more popular place to own a waterfront home than the north shore. This is because the south shore is closer to downtown and the airport. It also has quick access to much more shopping. Communities on the south shore.
There are some very exclusive gated communities on the south shore of Miami.
In 2000 there were 91 waterfront homes sold in the Miami South area. This is basically the south shore of Miami.
A could may have snuck in there that are actually on a pond or creek, but most were Miami waterfront. The average sold price per square foot was just over 1. That gives the reader a good idea of the value of a waterfront home on Miami.
Waterfront lots on the south shore of Miami have become scarce and expensive. Current Miami waterfront lot listings are priced from around 0,000 to over million.
Because south side properties have become a bit scarce and more expensive, the north shore has started to become more attractive. The north shore has not developed like the south shore has in terms of nicer subdivisions and shopping, but that is changing. Much of the north side of Miami will be from 20 minutes to an hour farther from downtown than the south shore. So anyone buying there needs to keep this in mind
There are a lot of places in the U.S. in which to own great lake property. Miami is truly one of the best.
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