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10th May 2023

Where to Buy Property in Florida?

Purchase of real estate in Florida is possible for people with different earnings. As of 2023, the max. price of cottages here is $170,000,000, and the minimum is $310,000. You can buy house in Cape Coral, a flat on Palm Coast, or an apartment in Palm Bay.

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Where to Buy Property in Florida?

Purchase of real estate in Florida is possible for people with different earnings. As of 2023, the max. price of cottages here is $170,000,000, and the minimum is $310,000. You can buy house in Cape Coral, a flat on Palm Coast, or an apartment in Palm Bay. The price difference between them is not that big.

Interesting Places to Buy a Home in Florida

Citizens of different countries of the world choose Florida not only for recreation but also as a permanent place of living. There are many areas in the state for buying real estate.

Cape Coral

Cape Coral is a city in Lee County, Florida. The biggest metropolis in general is from Tampa to Miami. It is known as the Waterfront Wonderland. Cape Coral is discovered in the western part of the county on the shores of Charlotte Bay, which itself is part of the Gulf of Mexico.

The area in which Cape Coral is discovered is characterized by tropical weather with dry winters and rainy summers. 355 days a year the sun shines, at least part of the daylight hours, and 145 days a year there is precipitation: on average, there is 1423 mm per year.

According to experts, it is better to choose objects in the following areas of Palm Bay:

You can become the owner of a local residential property for $175,000-$350,000. The area is suburban.

The cost of accommodation here starts at $250,000 and ends at around $350,000.

Magnolia Park features $275,000-$350,000 villas.

Palm Bay

It is discovered in the central part of the state, on its east shore. From the city, there is an exit to Interstate 95. The airport in the neighbouring city of Melbourne can be reached by car in just a few min.

Palm Bay has a population of 123,000. The city has Castaway Point Square, Turkey Creek Nature Reserve, and Fred Poppe Park. In addition, there are hiking paths and numerous beaches.

The educational system in the city is at an average level. It has a campus of Florida State College of the East, as well as 25 public and 45 private schools.

There are many clinics in the city. There is a provincial medical hub, which is 8 minutes away by car. The price of living in Palm Bay is 11% lower than the average in the USA.

The median price of the accommodation stock is $155,000. The median annual family revenue is $51,400.

74.5% of citizens have their apartments and villas in the city.

Palm Coast

The city is found on the east coast of the state. Daytona Airport is 45 minutes away by car. It is home to 90,000 people. It has created many parks, eco-trails, and beaches. Among other things, Palm Coast has several golf clubs.

The level of the local education system is above average. Many colleges are open here, there are 10 public and 25 private schools.

The cost of living in this locality is 4% below the US average, but 3% higher than, for example, in Jacksonville.

The median value of a residential property is $209,000. 

74.3% of residents own their living space in the city.

Experts believe that it is better to buy houses and flats in the following areas:

Palm Harbour. Here you can buy housing for $150,000 -$450,000. In 2023, the area is the most popular among migrants.

Cypress Knoll is the center of the city, which is why the lower limit of real estate prices here is relatively high – $ 525,000. The maximum cost of houses is $700,000.

Lehigh Woods. Sellers of the local apartments and houses are asking $225,000–$475,000.

Summary

People of all ages and nationalities are moving to Florida. Representatives of various fields of activity find work here. The state has many opportunities for secondary, secondary, and higher education. Most areas of Florida cities are developed or actively developing, so you can always get medical help if necessary.

Florida has many theme parks, beaches, nature reserves, training and golf courses, scholarly organizations of diverse classes, clinics, shopping and recreation complexes, cafes, eateries, and much more. All this makes the state popular and local housing in demand among buyers from different countries.

See objects right now

You can see what real estate in Miami is for sale in 2023. Choose an object, depending on your preferences. Specialists can help you find housing with a small or large number of bedrooms, a considerable space or compact, close to the city center or in the suburbs. Read more on the official website Florida.Realestate.


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