The Price of Luxury, Waterfront Living in Miami is Exposed
Miamism.com showcases an amazing array of Luxury Homes that just happan to have waterfront addresses.
The formula to understanding the Miami Beach waterfront home market is knowing that no matter what the comps are, most buyers are cash buyers and price is determined mostly by desirability of the property, not so much by how much other comparable homes have sold for. This is a total anomaly and difficult for a lot of buyers to understand, especially if you are looking to upgrade from a non-waterfront home, or are ready to make the switch to this very desirable lifestyle.
For today’s complete article visit Miamism.com. Another great piece from @Ines.