Miami continues to be an attractive real estate market, especially for the Cuban and Latin community. In September 2024, there is a wide range of properties in Miami for less than $300,000, offering exceptional opportunities for those interested in real estate investment in Miami. Below, we present some of the most notable options in various key areas, from Doral to Miami Beach.
Properties in Doral: elegance and comfort
With a high concentration of the Cuban community, Doral positions itself as an excellent option for families seeking quality of life. A standout opportunity is 5300 NW 87th Ave #813, a 2,070 square foot condominium with 3 bedrooms and 4 bathrooms, listed for $125,000. This competitive price, after a $50,000 reduction, makes this property an excellent investment in one of the most sought-after neighborhoods in Miami.
Miami Beach: coastal living at affordable prices
For those seeking the experience of living near the sea without the high cost of South Beach, 742 12th St APT 2, Miami Beach, FL 33139 is an attractive option. This one-bedroom, one-bath condominium, priced at $260,000, is located in a popular area and offers a chic lifestyle with easy access to the beach and the vibrant nightlife of Miami Beach.
North Miami Beach: growing investment opportunities
North Miami Beach is another area with a strong presence of the Latin community, and properties like 3660 NE 166th St APT 114 stand out for their cost-benefit ratio. This 2-bedroom, 2-bathroom condominium, priced at $264,800, has recently seen a reduction of $10,000, making it an excellent option for investors looking for long-term growth.
Hialeah: the heart of the Cuban community
Hialeah, known for its vibrant Cuban community, offers real estate options for both residents and investors. The property at 6520 W 27th Ct #2255 is a condominium with 3 bedrooms and 2 bathrooms, listed for $299,900. Its recent price reduction and its location in one of the most sought-after areas of Hialeah make it a solid choice for those looking for a home in the heart of the community.
Brickell: the intersection of luxury and urban life
For those seeking an urban lifestyle with all modern amenities, 825 Brickell Bay Dr APT 1249 is an ideal choice. This studio with one bathroom, listed for $292,000, offers a strategic location in the financial center of Miami, perfect for young professionals looking to be close to their workplace and the vibrant social scene of Brickell.
Many Cubans in Miami are considering moving to other cities in Florida due to the high cost of living and inflation. Cities like Cape Coral, Naples, and Jacksonville are gaining popularity among those looking for more affordable options. However, for those who prefer to stay in Miami, there are interesting opportunities in neighborhoods like Doral, Hialeah, and North Miami Beach, offering quality of life without exceeding a budget of $300,000.
The cultural connection and lifestyle in Miami continue to be a magnet for the Cuban and Latin community. Recently, a Cuban resident in New Jersey shared how her visit to Miami made her reconsider her happiness in her current state, highlighting the beaches and the vibrant Cuban community of the city.
This article has been created using data provided by Zillow, one of the leading platforms in the real estate market in the United States. For more details about the mentioned properties and other investment opportunities, visit Zillow.
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