There is a new construction homes for sale boom in South Florida that has set record high sales prices, and drained available inventory down to almost nothing. 2021 was fueled by people moving to the sunshine state to escape the Covid restrictions in other states, and to retire. Florida provides attractive tax structures, for those who want to retire in style and keep their money.
Not to mention that Florida weather is amazing during the wintertime, somewhat hot during the summers, but always sunny, and warm.
Plus, there is plenty of things to do that will keep you busy, from 5-star restaurants, high end shopping malls, pristine beaches, crystal clear waterways, and endless fun-in-the-sun…
Considered a destination hot spot, Orlando, FL is located around the corner from world-famous Disney World Resorts, which brings millions of families to the area each year. In 2019, new construction homes began being built in popular Orlando areas. Since then, the real estate market has been on fire, with inventory under 1% availability.
However, there are brand new communities planned for 2021, from well known new home builders, that you can buy preconstruction. You can expect that new homes will start around $200k, and go up from there, depending on the location, upgrades, options, market conditions, and size.
Port Saint Lucie, FL
One of the most popular places to purchase new homes is Port Saint Lucie, FL. This family-friendly city offers a plethora of housing options, from brand new single-family homes, condos, townhomes, and custom builds.
You can find affordable home prices within PSL, or you can buy expensive, estate styled homes, with lots of luxurious finishes, and upgrades galore.
Most of the new home communities provide resident only amenities such as fitness centers, swimming pools, club houses, walking trails, even golf courses, with full-service pro shops.
Again, you can find lots of fun things to do like, shopping in Downtown Stuart, where you can find quaint shops, mom and pops restaurants, and cobblestone streets dripping in charm.
West Palm Beach, FL
If you haven’t heard of West Palm Beach, FL this is for you. Considered classier than other places. You will find the finest restaurants, upscale shopping, at several malls, and lavish homes with lots of upgrades, and creature comforts.
The housing options are vast because you will see areas dedicated to condos like Lake Worth along A-1A. Or townhome clusters within larger single family home communities. Not to mention, luxurious estate homes, set directly on the Intracoastal waterways, with deep water dockage, with room for a yacht. The housing market saw large gains in 2021, and the median home price is up to $300k in 2022.
South Beach Miami
The most popular place that everyone has heard about is Miami, specifically South Beach. Comprised of huge, luxury, condo buildings, with over-the-top apartments/condos that leave nothing to the imagination.
There are condos on South Beach that cost several million dollars, and provide breathtaking, panoramic views of the Intracoastal, and Atlantic Ocean waters.
Set on pristine beaches with miles of white sand beaches, South Beach boasts high line hotels like The Sand Comber, and The W Hotels.
The world-famous and electric nightlife Miami is known for is only steps away from most of the homes in South Beach. There, you can enjoy the best DJ’s the word has to offer, while enjoying the company of beautiful people all night long, till the break of dawn.
There aren’t any cheap homes available, and you can expect to spend a minimum of $500k for a fixer upper unit. But if you are lucky enough to afford it, living on South Beach allows you to take advantage of the full Miami experience.
Now you can see the best places for new construction properties in South Florida this coming year. There aren’t to many homes that are listed for sale at any given time because there isn’t much inventory available to sell. But if you take your time and get ahead of the game you can find new builds being sold preconstruction.
It is always recommended that you consult a licensed real estate agent to ensure that you are doing everything you can to find all the housing options out there. They will know who the best builders are, and the neighborhoods, and new construction projects, they are building.