Miami Beach’s status as a highly acclaimed waterfront resort doesn’t really come as too much a surprise for many. After all it’s maintained this status for practically a century, earning such lofty names as America’s Riviera for example.
To the outsider Miami Beach is largely comprised of the actual city of Miami Beach and the ultra popular neighborhood of South Beach. Together these two places have consistently made Miami Beach real estate a top choice among the well to do, particularly its appeal as a second home.
Miami Beach is much more than just South Beach however. Although collectively it’s made up almost entirely of Miami Beach condos, there is also the neighborhood of South of Fifth. Commonly referred to as SoFi, this area is now one of the priciest places to call home in Miami Beach, surpassing South Beach. Just head over to the southernmost tip of the barrier island to see what are considered some of the newest and most impressive Miami Beach condos like Apogee or the soaring Portofino Tower for example.
The great appeal of these three neighborhoods is their flexibility. If you want to live as affluently as possible, choose South of Fifth or South Beach real estate. At the same time, you can still live in Miami Beach for a smaller price just by exploring more towards the northern areas of the city where prices are a little more reasonable.