Miami waterfront homes
Miami is the ideal location for boat lovers and has often been referred to as a modern
Venice. Most of the city and its areas are in the immediate proximity of either the ocean or the intercostals waters. The most expensive and luxurious
Miami homes have water views and logically are considered premium waterfront properties.
Rule 1: The nicer the views the more expensive the homes.Rule 2: The closer to South Beach the more expensive the home.
Ocean front homes, because of their scarcity, are very expensive and mainly located in Coral Gables, Coconut Grove, Key Biscayne and Golden Beach.
Most of Miami’s marinas have disappeared and are being replaced by waterfront condominiums and boaters are finding it more difficult and much more expensive to dock their vessels. Boat lovers traditionally prefer Miami waterfront homes that offer more shelter such as a home on the intercostals waterway giving them either a wide bay view or a home with a canal view. Owning a Miami waterfront home solves this issue.
The western side of
Miami Beach
is on the water with all its islands from South to North,
Sunset
Islands
, La Gorce Island, Biscayne Point,
Stillwater Drive
, Surfside, Indian Creek,
Bal
Harbour
Village
,
Eastern
Shores
and
Golden
Beach
.
Between Miami and the Miami Beaches lay a cluster of several islands. Star Island, Palm Island, Hibiscus Island and the Venetian Islands are all located just minutes from South Beach, downtown Miami and Bayside.
There are several communities from the Miami side that also have water access. South to North Baypoint, Morningside, Belle Meade, Miami Shores, San Souci and Keystone Point are a few of the most popular communities.
Generally speaking all waterfront communities and their homes are considered upscale therefore commanding a much higher price than that of a dry lot single family home.
Waterfront single family homes are not immune to a market downturn but prove to be much less affected by it.
