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Investment Properties in Miami Beach : Real Estate Advice

  • All952
  • Local Info40
  • Home Buying243
  • Home Selling20
  • Market Conditions27

Activity 11
Thu Apr 27, 2017
Shanice sicard answered:
Good Afternoon Scott,
There are plenty of homes available to purchase and eventually rent out short term depending on how much you are looking to invest feel free to call or E-mail me anytime to discuss in further detail.

Shanice Sicard
London Foster Realty
... more
0 votes 1 answer Share Flag
Sat Jul 30, 2016
Peter Zhong asked:
Tue Mar 17, 2015
Tim Moore answered:
I sold about $7,000,000 worth of them last year and about $2,500,000 so far this year so the answer is a big fat YES.
0 votes 1 answer Share Flag
Tue Sep 3, 2013
answered:
Hi Hope your doing well! Take a look on my new website as it has up to date re sales as well as all the new developments in Miami. The site is www.exquisitemiamiproperties,com.

Let me know what I can do to help you.

Thank you,

William Henderson
... more
0 votes 3 answers Share Flag
Fri Aug 16, 2013
Christian Fortoul answered:
if you need a responsible and trustworthy agent back by a international real estate brokerage like ENGEL & VOLKER contact me for showing and information at https://www.facebook.com/Christian.Fortoul.RE ... more
0 votes 5 answers Share Flag
Wed Jun 12, 2013
Irina Karan answered:
The rental return in the short term rentals is from 8 to 11% (without the hotel program).
You can rent out privately yourself or through your property manager.
Or, you can go through the rental program.
These programs might have an initial investment, different types of splits (depending on how much time the owner uses the property), management fees etc. Plus taxes.
However, some motels (not in South Beach) include the taxes into their part of the split.
They are not as glamorous, but still give nice returns...

I'd say the prices you put in your question are for 1br, not 2br.
You'd also need to take in consideration the percent of occupancy/year, and seasonal fluctuations.
Our high season is Nov - Apr (sometimes it spills over into May too).
Summer season is a little slower, so the prices are more "competitive".

For the past 3 years our bookings in Miami were extremely high,
and Miami overall is becoming more and more popular in terms of tourism/business conferences etc.
This is because of many festivals, business/trade conferences, Art Basil, food networks, spring breaks, TV shows/film production, original cousine and outdoors fun activities in amazing weather...and our global city feel that attracts people from all over the world.

So, it's like NYC - the Southern version!

Personally, I'd go over each considered condotel and figure out which works best for you.

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
0 votes 4 answers Share Flag
Fri May 24, 2013
Omar El-Dada answered:
I am a commercial real estate Breoker, many factors to consider before buying an income property.
Need to decide what is more important for you, the income and % of Cap Rate.( Net Operating Income (NOI vs purchase price} the property is giving now. or location and long term value of the your investment.

Omar El-Dada, CHA., LCAM., PA.
EWM Realty Internationl
... more
1 vote 7 answers Share Flag
Mon Apr 8, 2013
Mohamed Elsayed answered:
Hello,

When it comes to buying a property in Miami, You should work with a professional Realtor who lives and work in Miami.

I will be glad to offer you many choices and to close the deal for you with absolutely no charge on you.

Check out my web page http://www.LivinFlorida.com
Or call me anytime 786-213-5025

Mohamed Elsayed
Realtor Associate
Global Luxury Realty, LLC.
Cell: 786.213.5025
Mohamed@LivinFlorida.com
http://www.LivinFlorida.com
... more
0 votes 10 answers Share Flag
Wed Mar 27, 2013
Michael DeFilippi answered:
Absolutely wasting your time. You might want to consider something in Orlando in that price range.
0 votes 4 answers Share Flag
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