Hollywood is wedged between Ft. Lauderdale and Miami, Offering the most affordable homes in South Florida. Easy access to nearby beaches, marinas, Hard Rock Casino, and great restaurants surrounding Hollywood Blvd. Hollywood truly offers a great lifestyle range in tourist experience, and price. Fully updated 4-bedroom, 3-bathroom homes range between $500k – $700k depending on the area. Cap rate between 20% – 25%.
Miami Shores is the price jewel of North Miami! With well-established neighborhoods, up and coming must see destinations and great golf courses. A quick drive across the bridge will get you onto world famous South Beach. Miami Shores lush landscape presents itself to be a great area for world travelers and even better property finds. Be sure to check out Proper Sausage while in town, an upscale meat market that whips up delicious sandwiches. The refined area boasts sizable estates and a vast. Tasteful updated homes from a 4-bedroom, 3-bathroom homes range $700k – $900k. Cap rate between 15% – 20%.
Aventura is one of South Florida’s most high-end and premier communities. Nestled under Hallandale Beach and above Sunny Isles, this choice neighborhood has created itself to be a pristine area for short term rental. Aventura is a haven for wealthy snowbirds, this area is home to world famous Aventura Mall, all its surrounding beaches and quick access to redeveloped cities nearby. Beautifully designed homes that are 4-bedrooms, 3 bathrooms will range between $700k – $900k. Cap rate between 15% – 20%.
Just to the South of Deerfield Beach, Pompano Beach is a staple in the short-term rental market. Known for its calm, beachy lifestyle, and brand-new reimagined Pompano Beach Pier. With Casual and upscale dining, spectacular water views and Iconic architecture. Pompano Beach is making is making a push for top South Florida destinations. With this said, Pompano has nestled itself a top short-term rental market. Sparkling clean 3-bedroom, 3-bathroom will range between $600k – $800k and a market cap rate between 10% – 15%.