Thinking about buying Miami Condominiums

Posted on January 29, 2009 @ 2:19 am
by J. Kim

What is first thing that comes to your mind when you think about Miami, Florida? The first thing that comes to your mind is grey haired retirees enjoying there golden years on little beach home.

In fact, Miami is a very active, upbeat city and is perfect for the young, single adult that is always on the go. With a population of almost 400,000, it is a very diverse city and welcomes resident and guests from all nationalities.

Miami condominiums are an excellent choice when looking for home in Florida. The cost of living in Miami can be slight higher than rest of the country and Miami condominiums can be little pricey with average price of condo being $412,000 which is $334 per square feet. Prices of condos can range from $69,000 to $5,000,000 or more. But with recent downturn in real estate you can find a bargain.

If you prefer to rent, expect to pay $2,200 per month on average or almost $2.00 per square foot. However, you could get by with $500 per month or, if you enjoy all the lavishness of life and you can afford it, you may end up paying an unbelievable $50,000 per month for a luxury condo.

As you are aware, Miami is known for its beaches, but there is lot more to do in the South Florida city than just water. Visit Metrozoo to take a ride on Miami Skylift, but you can’t leave the Miami area unless you visit the Everglades, a huge national park that covers 1.5 million acres and hoe to 14 rare endangered species of animals.

But if you enjoy the night life, Miami has plenty of them. There is lot of night activities and entertainment that can satisfy the partier in you. From streets of South Beach to the comedy clubs, you can always find a party. Whatever you like, you can be glad that you make Miami condominiums your home.

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