Sunny Isles Beach location makes real estate investment in beach front homes especially attractive. And for a reason. Apartments and condos, lofts and town homes offer their future residents a life with a luxuriant view. Ideally situated in northeast Miami-Dade County between the Atlantic Ocean on the east and the Intracoastal Waterway on the west and midway between Miami and Fort Lauderdale, Sunny Isles beach is a gateway to South Florida.
Residents and visitors can fly into either Miami International or Fort Lauderdale/Hollywood International airports, or cruise into Port of Miami and Port Everglades and drive to Sunny Isles Beach in 20 minutes.
Almost one million vacationers visit this city of sun and sea each year to enjoy a two-mile long fine-sand beach and outdoor activities such as water sports, boating, fishing, and tennis. Abundant shopping, dining and entertainment options are also available. The landmark Newport Fishing Pier is a local favorite, while the gorgeous Samson Oceanfront Park provides children's play area and space to relax, meet friends and witness the unforgettable sunrise on the ocean.
The city of Sunny Isles Beach was incorporated in 1997 and has its own mayor, police, and local government departments. Projected growth will send will send the city tax ratable soaring from $1.7 billion in 2001 to $3.6 billion within three years. All tax revenues are reinvested within the city.
The two-mile long beach was recently re-nourished and extended to a 170-feet wide expanse of fine white sand, bounded by the Atlantic Ocean. The new buildings and beautification projects are impacting real estate values positively as investors from around the world are attracted to Sunny Isles Beach. There is a growing market for first and second home buyers.
The city is experiencing a redevelopment renaissance on the east side of Collins Avenue, the main thoroughfare. Zoning laws ensure that view corridors and beach access pathways will always offer residents "a life with a view".
To the west of Collins Avenue, the City is building parks, improving the infrastructure and laying the groundwork for future redevelopment.
The emphasis of most of the redevelopment is on residential condominium construction. Luxury oceanfront apartments are steadily replacing outdated motels. Much of this residential construction is not intended for year-round occupancy. However, statistics shows a steady growth in young families who want to be near the ocean.
The land in Sunny Isles Beach is more valuable to developers because they can build high-rises. City officials are planning to implement their vision of creating a modern affluent community dominated by tall, high-end residential towers.
Investment in Sunny Isles Beach front construction guarantees future prosperity. People who buy early are saving because prices on beach front properties are going up. As buyers see the value of the new developments rising, they want to get in on the increases. It creates more demand and indeed may increase the cost of the pre construction residential units.
One of the benefits of buying in the preconstruction phase is that prices are generally lower than offered on existing property by real estate agencies. This is a key factor in making a decision if a pre-construction property is right for you.
There is a limited supply of buildable beachfront land. While golf courses and parks are not a problem, it is pretty difficult to create new residential developments on the ocean front. Over the next eight years the baby boomers are expected to flood the area. If you want to fine-time your opportunity, buy new penthouses. There are certainly few of them and buyers will pay a premium to "be on top".
Several upscale tower residences including Ocean I and Ocean II, Millennium, Pinnacle, Sands Pointe, and Oceania IV have been built in the last ten years and a number of residential and four star resort projects are scheduled for construction within the next five years. These new developments will represent approximately $ 3 billion in real estate values and generate millions of dollars for the marketing and promotion of the City of Sunny Isles Beach.
VIP Miami Realty can show you the very best of new developments in Sunny Isles Beach.
Fantasy on the Ocean will be one of the most prominent condominium-hotel buildings to be constructed in Sunny Isles with its 153 condo units, all with ocean view.
Timely investment in its pre construction will generate even more revenues in the future. Jade on the Beach will consist of Phase I followed by Phase II. Luxury beach front living is for those who crave a luxurious lifestyle on the ocean, only on 300 feet of prestigious oceanfront.
King David is a new complex of breathtaking apartments with views of the Atlantic Ocean, Intracoastal Waterway, Downtown Miami and Biscayne Bay.
La Perla Ocean Residence is more than a home - it offers the residents an incomparable lifestyle complete with 24-hour valet service and front desk attendant, an ocean view fitness center and more;
M Resort Residents is a beautiful 25 story building at Sunny Isles Beach of unique design. The owners of this property will be able to enjoy the charm of ocean and intracoastal view.
Ocean III - with the inception of Ocean I and Ocean II condos, Ocean III condominium has vastly been modified to form a Y configuration and has majestically risen from the sands along the sea shores of the Atlantic Ocean to the top of Miami Beach.
Ocean IV - is an ultimate in elegance and luxury tower. Apartments and penthouses with extraordinary view are offered at great prices.
Future construction at Sunny Isles Beach will focus on Saint Tropez on the Bay, which will be located on Sunny Beach Boulevard, the entry way to the city as well as Saint Tropez Marina. Both the buildings will be 19 stories which is the max-height restriction on Sunny Isles Beach Boulevard.
Pre construction is the best phase to invest in real estate, where you have an option to choose the location, size and plans of payment with immense facilities.
It is being in the right place at the right time.
Nowadays, it is one of the most profitable business, with extremely interesting margins of utility in many occasions above market expectations.