First and foremost I always recommend the beach. I think this area offers a lot of flexibility when it comes to owning and renting. There are always people looking for short term rentals as a 1 year lease is not always suitable. South Beach all the way up to North Beach offer the convenience of walking to restaurants, shops, and of course the beach which make this area extremely desirable. I would love to help you find exactly what you are looking for. I live in South Beach and have extensive knowledge of the area. Please feel free to contact me anytime.
I look forward to working with you,
You need to buy a condo with the following characteristics:
- No restrictions to rent
- Good location (beach) so you won't spend months to find tenants.
- Reasonable maintenance fees
- Modern building, as old buildings have special assesments (common repairs for the building paid by all owners in a condo) too often and that can turn a happy purchase into a nightmare !!
You see there are several important factors for a foreing national investor and do not forget you will need a Property Manager to take car of your property while you are out of the city.
We help foreign buyers like you to purchase properties and to manage them. Visit our site:
English, EspaÃ±ol, FranÃ§ais
Contact me with any questions.
There are some good foreclosure properties in the different zip codes at the $350 k range.
Most lenders will want at least a 20%-40% downpayment for an investment property
,but the HomePath Program has only a 10% downpayment and sellers contribution up to 6%... a great deal .
You could get a 25%-50% loan but if you wanted 2 or more properties this HomePath Program would be th eway to go
If interested in finding out more contact me.
Florida Real Estate Instructor
Generally speaking, the near beach or walking distance to the beach is more desirable.
Hope this helps and best of luck,
Beachfront Realty, Inc.
There are some condos in your price range that will allow to rent out short term.
Two of them are located in Sunny Isles Beach - the Floridian Riviera.
You can rent weekly, monthly, seasonally or the way you described.
Feel free to get in touch and I will provide the info for you.
Hope this helps,
Beachfront Realty, Inc.
My best regards to you
You can check the available units on miami beach on this link http://www.gomiamicondos.com/info/sresults/20130328001317036
This link updates daily as the MLS changes.
If you want to access Miami MLS direct visit:
Prudential Florida Realty
19056 N.E. 29th Avenue
Aventura, FL 33180
If you are looking to buy or sell property, go to my website at http://www.SoFlaBeachHomes.com
I've lived in several parts of Florida, and there's none better than here. Prices are a bit higher than average, but well worth it. With $350k you can get a decent condo and the rental market is strong to keep it full when you're not there.
Best of luck in finding the perfect place for your second home...Jim
Some of the market areas I would suggest are:
Sunny Isles Beach
D & I International Realty
And SOBE is only a quick 15-20 minute drive away. Rentals are in high demand-- in fact there is a shortage. Intimate resort-style buildings like "The Residences" in zip 33019 that have been remodeled about five years ago are just one example of what you can get in your price range.
We offer free "video walk throughs" (a video that shows the property to you so you can get a good sense of the living space without even going there) for those out-of-towners who already know what they want so let me know if you have something in mind or if we can guide you in the right direction.
We can help you find property anywhere on the water in Miami, Miami Beach or Hollywood/south Broward!
Hybrid Realty Group, LLC
Maria Natalia Ortiz Ladenheim
Real Estate Consultant
Direct line: (786)2632609
Miami Riviera LLC
It all depends on what you are looking for when you visit. Preferred areas if you are looking for condo close to the beach are Miami Beach, Aventura or Key Biscayne.
If you are looking for a more urban feel, Brickell/Downtown/Midtown or Coral Gables might be your choice. The rental market is strong in all of those areas.
I specialize in helping buyers - many of them being foreign nationals - to find the perfect property and to guide them through the process of buying.
I would be happy to help you, too! Feel free to contact me anytime with any question that you might have!
Coldwell Banker Residential RE
I would recommend Miami Beach and Brickell/Downtown both have very strong rental markets. Your realtor must know or check the rental policies of each building to make sure it fits your requirements.
Kenny Raymond PA
The Raymond International Group
Prudential Florida Realty
SEARCH THE MLS LIKE AN AGENT FOR FREE:
My recommendation for you would be to purchase a property in Miami Beach, and to be more specific - in South Beach. The rental market here is a very active and Landlords are asking top dollar. There is high demand and not enough supply.
Should you have other questions please do not hesitate to ask.
With sincere regards,