If you’ve ever dreamed of owning property in Magic City, now might be the perfect time to turn your aspirations into reality! The Miami real estate market currently offers fantastic conditions for virtually anyone willing to invest in a new place to call home and offers quite a few bargains for those looking for reasonably-priced properties.
According to the most recent reports, the median sale price for single-family homes in Miami was set at around $360,000 in May. For this value, you can get large, multi-bedroom homes with ample space for entertaining in the outskirts of the city, or humbler properties with less space, albeit with a more central location. Check out a few examples of what $360K buys you in Miami:
#1 421 NW 119th Street, Miami, Florida, 3 bedrooms, 2 bathrooms, $359,000
Kickstarting our list is this stunning, newly-remodeled, 1,772-square-foot home, situated in the sought-after Miami Shores real estate market. Conveniently located close to the I-95 Express Road and other important amenities such as restaurants, schools, universities, churches, parks and grocery stores, this property has a lot going for it.
The welcoming house lies on a fully fenced, 0.13-acre lot, boasting a driveway that’s lined by tropical plants and palm trees. Recent renovations include a new roof, plumbing, windows, and a brand new air-conditioning system. Inside you’ll find 3 generous bedrooms, 2 bathrooms, spacious open concept living and dining areas, and a gorgeous kitchen with dark wooden cabinetry, stainless steel appliances, and granite countertops.
#2 8249 SW 163rd Pl, Miami, Miami-Dade County, FL 33193, 3 bedrooms, 2 bathrooms, $360,000
Runner-up on our list is this beautiful property in Lago Mar-Sunset Lake Estates. Located on a 0.11-acre lot and featuring 3 bedrooms and 2 bathrooms, this single-family home is bound to impress. The dwelling boasts not only lovely marble floors but also modern finishes throughout. The kitchen has been fully renovated and is part of a generous open-concept floor plan.
Buyers looking to expand can take advantage of the home’s converted garage and use it as a fourth bedroom. And to top it all off, the backyard patio is perfect for those relaxing get-togethers with friends and family.
#3 5879 Coral Way, Miami, Florida, 2 bedrooms, 1 bathroom, $359,900
Concluding our list is a fully-remodeled 2-bedroom, 1-bathroom home, conveniently located in the popular Coral Terrace real estate market. This gorgeous property is close to the city center and offers excellent earning potential to those looking to invest in Miami real estate.
The entire home has been recently remodeled, boasting hardwood floors, brand new appliances, and other amazing upgrades. With over 1,100 square feet of living space, the house features an oversized living area which is ideal for entertaining guests and a stunning galley kitchen equipped with top quality appliances and modern cabinetry. The generous backyard and patio are additional highlights of this charming property.
Please remember that if you’re interested in viewing additional median-priced properties currently up for sale, there are a myriad of options in our online directory. You can always check out the available homes for sale near you if you would like to move to a different place, but you’re in love with your current neighborhood.