Although Miami’s most famous neighborhoods still attract Real Estate investors, they have become saturated, and real estate prices have reached not such attractive levels, especially if compared to emerging regions in the suburban areas. At the same time, central neighborhoods such as Downtown, Brickell, and Midtown are on their way to becoming the new South Beach, attracting all the hustle and bustle of the city. Those who are looking for more residential and quiet areas, with good quality of life, green spaces, and above-average schools, are starting to look at regions outside these centers. Two cities close to Miami stand out in this regard, according to Heloisa Arazi, owner of AMG International Realty, a luxury real estate firm in Miami.
“Although South Beach and the central areas of Miami are still experimenting great demand for Real Estate, some beautiful areas in the suburbs of Miami offer great opportunities in Florida Real Estate Market,” says Heloisa Arazi.
Keep reading to find out more about these two cities on the rise to invest in Real Estate near Miami.
The city of Doral is considered one of the fastest-growing cities in South Florida. Initially, the region was taken over by golf resorts. Some great names in golf were discovered in Doral’s fields, such as Tiger Woods, Jack Nicklaus, and Phil Mickelson. Gradually the place started attracting tourists and investors as well, who saw opportunities in the Real Estate market. Its proximity to Miami International Airport has also attracted several companies, including some renowned American multinationals, which operate in the import and export segment. Doral Real Estate still offers excellent opportunities with attractive prices for those who want to invest.
Doral is also known for its big Latin American community, who chose the neighborhood to buy their homes near Miami.
Weston is a lovely and relatively new planned community built along the edge of the Everglades to the west, Fort Lauderdale in the east, and Miami in the southeast. The city is just 20 minutes from South Florida’s famous beaches and is considered one of the best places to live in the US and one of the safest in the country. The region is emerging in Florida and attracting the attention of investors interested in its luxury condos and its unique quality of life. Weston is known for its excellent schools and green area, with several parks and tree-lined streets.