There are two major economic centers that we recommend buying real estate in Florida: 1 – Miami and the surrounding area and 2 – Orlando and the surrounding area. Both offer a variety of real estate options, whatever your purpose of purchase: housing, having a second home in Florida or investing. Depending on the goal, there are neighborhoods and communities that are better suited and others that are not, both in Orlando and Miami. The decision must also take into account the personal and subjective side of each buyer. There are those who prefer the Orlando region, because of the theme parks. Others prefer Miami’s glamor and beaches. In this article we will give an overview of the Miami and Orlando regions, commenting quickly on the main neighborhoods and communities.
Few know, but when we refer to the Orlando regions, we are almost always talking about communities or cities located in the so-called Greater Orlando (Greater Orlando), that is, outside Orlando. Even the Disney parks are in another city, called Lake Buena Vista.
An interesting example is the city of Kissimmee, better known by Brazilians as an Orlando neighborhood, when, in reality, it is a neighboring city, belonging to Osceola County. Kissimmee is known for its vacation rental condos, where tourists from all over the world rent houses by the season near the parks. For this reason, the region is one of the most recommended for those looking to invest and earn income from seasonal rentals, as it has a specific zoning for this type of practice and is located close to the main theme parks. There are several launches of houses in the region with extremely attractive prices.
If the objective is to acquire a residential property, either to live or maintain as a second home (without renting during vacant periods), the neighborhoods of Dr. Phillips and Hunters Creek in Orlando are interesting options. There are also small towns around Orlando (approximately 30 minutes by car) with options of very high standard houses in gated communities and with attractive prices, such as the communities of Windermere, Winter Garden and Lake Nona.
The cities surrounding Orlando have been gaining prominence in central Florida, due to the quality of life they offer and proximity to the main attractions of Orlando. Some of these cities are even close to the Florida coast, with their beautiful beaches.
In the article Best neighborhoods in Orlando: Where is it better to invest? we comment in more detail about the main neighborhoods of the city.
Miami and surroundings
When commenting on the Miami’s best neighborhoods , the trendy regions soon come to mind Miami Beach and South Beach. Traditionally these are the neighborhoods where “everything happens”, with great restaurants, clubs, beaches and everything that Miami has to offer. It turns out that, in recent years, other central neighborhoods around Downtown have begun to attract buyers’ attention.
The Brickell neighborhood, for example, has emerged as one of the main destinations in which investors prefer. In addition to offering attractive prices per square meter, it is more centralized. Several high-end condominiums have been launched in the region. Brickell, which was once seen as an office district and known as the city’s financial district, now offers shops, restaurants, bars and one of the city’s main shopping malls: The Brickell City Center. It is a great region for those who want to enjoy the glamor and central Miami style.
The Edgewater neighborhood, next to Brickell, is another region that emerges in Miami. While also centrally located, Edgewater preserves a “community” atmosphere, with a more residential environment, compared to Brickell. It’s a great neighborhood for anyone who wants to be close to everything Miami has to offer, but not so close to all the hustle and bustle of Downtown and Brickell.
For those looking for even more residential regions, but with full infrastructure and close to the beaches, the region of Aventura, to the north, remains one of the best options. The region, which is a city belonging to Miami-Dade County, is very popular with Brazilians and is home to one of the largest malls in the USA: Aventura Mall. It is also close to the beautiful beaches of Sunny Isles Beach. Property prices are also considerably attractive and there are several building condominiums.
If you are looking for more exclusive and reserved communities, the Sunny Isles Beach, Bal Harbor and Bay Harbor Islands regions are the most recommended. The two regions, despite offering higher prices compared to the others mentioned above, still remain more attractive than other more exclusive Miami communities like Key Biscayne and Miami Beach.
Downtown has undergone a transformation in recent years receiving several developments that revolutionized the region. The following projects should be highlighted: Natiivo and Legacy. Both allow the practice of short-term rentals and are successful in sales, with few units still available.
Miami, unlike Orlando, is a city that offers few real estate options that allow short-term rental. The city has traditionally always imposed heavy restrictions on this type of practice. The arrival of Natiivo and Legacy places Downtown as one of the main neighborhoods in Miami to invest and earn income in dollars with short-term rental. Before the two launches, the hotel banner Yotel launched the YotelPad Miami, also with the same proposal. YotelPad was the pioneer in Downtown to offer units aimed at short-term rental. The success was so great that, in less than a year after the start of construction (groundbreaking) the project was 100% sold (sold-out).
Suburb and vicinity of Miami
Two cities deserve prominence in the Miami suburb: Weston and Doral. Both offer excellent quality of life, with great schools and very interesting options for houses within residential condominiums.
Moving north, the city of Fort Lauderdale is also an excellent option for those looking to live, invest or have a second home in Florida. Recently the region has received several condominiums facing the sea or close to the beach with interesting prices per square meter. The international airport in Fort Lauderdale, which has been receiving several direct flights from Brazil, is also a great differential for the region.
About AMG International Realty
AMG International Realty is a global real estate company specializing in Florida. If you are interested in knowing more about the Orlando and Miami regions where we recommend investing, contact us now and chat with me on WhatsApp: +1 308 318 6968 (Heloisa Arazi).