Luxury Real Estate in South Florida Today

Homebuyers may be down, but they're not out. Despite the weakened economy and volatile real estate market, many still consider real estate to still be among the most stable investments available. In South Florida, where a sub-tropical climate stays constant throughout the year and lush surroundings abound, there is even more interest in purchasing homes, especially in the luxury real estate market. Buyers are discovering these properties have a strong potential as primary investments, second and vacation properties, as well as places to retire.

In the city of Marco Island for example, there is a wealth of luxury real estate that is garnering the attention of many prospective homebuyers. This South Florida City was named along with Naples as the 10th best place to live and retire by the AARP in 2008. Its beaches, access to water activities on the Gulf and availability of resort-style amenities are excellent benefits of owning a home here. According to leading real estate firm Marco Island Luxury Estates, there are about 1500 home sites still available for building along with a selection of existing properties that range from waterfront and beachfront homes to estate properties.

Interestingly, luxury markets like Marco Island are seeing increases in home sales, despite being down nearly 20% from last year just a few months ago. With the growing number of foreclosures, short sales, price reductions and low mortgage rates, buying luxury real estate in South Florida today is more attractive than ever before. Buyers who previously would not have considered higher priced luxury homes especially have a unique opportunity to invest as prices continue to decline.

Before investing in real estate, make sure to do your research and consider partnering with a professional. Contact your local Marco Realtors® for more information.

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Buying Marco Island Real Estate Today | Luxury Real Estate in South Florida Today | Understanding Real Estate in Marco Island | Condo Buying Considerations for Marco Island | The Condo Market in Marco Island Today