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Unread 02-14-2021, 08:12 AM
Tradebuzzing Tradebuzzing is offline
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Beachfront homes and condos have high market values, but they?re also easy to rent out. Renting out your beach home can provide you with a significant profit. Tourists are happy to pay a higher price to stay in a beachfront home or condo. Many people use that as a trial to buying overseas property.

The average size home in Florida is 1,375 square feet, according to GOBankingRates. Nationwide, the median list price is $285,000 and the average cost per square foot is $152.51. According to GOBankingRates, Florida's median price per square foot has been rising, but that's true of all states.

For many good reasons, Florida has been one of the best places to invest in real estate in the US housing market for many years now. To begin with, Florida is the fourth most populous state in the US, and for real estate investors (and landlords) a lot of people translates into a lot of rental demand.

Roughly 950 people move to Florida every day and the state has seen an "unprecedented demand" in luxury home sales as people from the Northeast are abandoning big cities, the Daily Mail reported.

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