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Wednesday, January 28, 2009

Buying Miami Condominiums

By J. Kim

What is first thing that comes to your mind when you think about Miami, Florida? The first thing that comes to your mind is grey haired retirees enjoying there golden years on little beach home.

Contrary to this Miami is home to many young single working adults on the go, the city is very upbeat and perfect for the young as the old. Miami's population is about 400,000, the city is very diverse with residents and visitors from all over the world.

Miami condominiums are an excellent choice when looking for home in Florida. The cost of living in Miami can be slight higher than rest of the country and Miami condominiums can be little pricey with average price of condo being $412,000 which is $334 per square feet. Prices of condos can range from $69,000 to $5,000,000 or more. But with recent downturn in real estate you can find a bargain.

Another option is you can rent a condo, which can cost anywhere from $2,200 per month to much higher. However, you can get by with $500 per month if you forgo all the lavish lifestyle. On the high end luxury condos, you can expect to pay more than $50,000 per month, luxury has its prices.

Miami is well known for its beaches, but there is lot more to do in South Florida than just enjoying the waterfront. You can visit Metrozoo, or take a tour of Everglades, the huge national park that covers over 1.5 million acres. It is home to many animals and especially the 14 rare and endangered species.

But if you enjoy the night life, Miami has plenty of them. There is lot of night activities and entertainment that can satisfy the partier in you. From streets of South Beach to the comedy clubs, you can always find a party. Whatever you like, you can be glad that you make Miami condominiums your home.

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