Surfside Real Estate Investment Overview

Neighborhood Snapshot:

Surfside, a charming coastal enclave nestled between Miami Beach and Bal Harbour, offers a serene and luxurious lifestyle characterized by its pristine beaches, upscale residences, and a close-knit community vibe. This tranquil neighborhood is a haven for those seeking a quieter, more residential atmosphere without sacrificing the amenities and luxuries associated with Miami's more bustling areas.

Historical Evolution:

Surfside has a rich history dating back to the 1930s when it was incorporated as a town. Over the years, it has maintained its charm as a peaceful seaside community, attracting residents who appreciate its quieter streets, beautiful beaches, and family-friendly atmosphere. Today, it stands as a sought-after residential area, offering a blend of historic homes and modern luxury developments.

Real Estate Dynamics:

The real estate market in Surfside is characterized by a mixture of luxury condominiums, single-family homes, and townhouses. This upscale neighborhood offers a range of investment opportunities, with properties that cater to those seeking a blend of luxury and tranquility.

Key Investor Draws:

• Beachfront Living: Many properties offer direct access to beautiful sandy beaches and stunning ocean views.
• Prime Location: Its strategic location offers easy access to the vibrant areas of Miami Beach and Bal Harbour.
• Community Atmosphere: A close-knit community vibe with family-friendly amenities and events.
• Recreational Opportunities: A hub for recreational activities, with beautiful parks and community centers.

What Do Residents Love About It?

Residents adore the peaceful and community-oriented lifestyle that Surfside offers. The neighborhood is home to a variety of dining options, boutique shops, and cultural venues. Its beautiful beaches, parks, and recreational areas provide a serene backdrop to a vibrant community life, offering a perfect blend of relaxation and entertainment.

What Do Investors Love About It?

Investors are attracted to Surfside's stable growth prospects and its reputation as a peaceful and upscale residential area. The neighborhood promises high rental yields, driven by a consistent demand from families and individuals seeking a luxurious yet tranquil coastal lifestyle. Its blend of modern luxury and community atmosphere holds a unique appeal for prospective tenants and property buyers.

Upcoming Top New Developments:

• Surf Row Residences

Our Top  Restaurants in Surfside:

1. The Surf Club Restaurant
2. Lido 3

A Fun Fact About The Neighborhood:

Surfside is home to the world-renowned Bal Harbour Shops, an upscale open-air shopping mall that is just a stone's throw away. This luxury shopping destination attracts visitors from around the world and features a curated collection of designer boutiques and gourmet dining options, offering a touch of elegance and luxury to the neighborhood.

Transportation and Proximity to Airports:

Airport:

• Miami International Airport (MIA): Approximately 30-35 minutes
• Fort Lauderdale-Hollywood International Airport (FLL): Approximately 25-30 minutes

Executive Airports:

• Opa Locka Executive Airport (KOPF, OPF): Approximately 25-30 minutes
• Miami Executive Airport (KTMB, TMB): Approximately 40-45 minutes

Parks, Marinas, and Proximity to Beaches:

• Parks: Surfside Park, Veterans Park
• Marinas: Haulover Marine Center, Indian Creek Country Club Marina
• Closest Beach: Surfside Beach (walking distance)

Schools:

• Early Childhood and Elementary:
• Ruth K. Broad Bay Harbor K-8 Center (Public)
• High School:
• Miami Beach Senior High School (Public)
• Private Institutions:
• Lehrman Community Day School

In-depth Financial Analysis:

• Decadal Price Evolution: Over the past decade, Surfside has experienced a steady growth in property values, with an annual increase averaging between 4-6%.
• Rental ROI: Given its prime location and tranquil appeal, investors can expect a healthy annual rental return of 4-6%.
• Future Projections: Analysts anticipate a sustained upward trajectory in property values, projecting a 5-7% appreciation rate over the next decade, buoyed by ongoing developments and infrastructural improvements.

Disclaimer: All data provided is based on past market trends. For comprehensive financial advice, consulting with a seasoned Miami real estate advisor is recommended.

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