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Updated over 1 year ago,
South Florida with Breakeven/Positive cashflow + appreciation
Hey,
So wanted to hear from non-brokers pushing products about opinions of which products in South Florida can hold future appreciation and also break even or have positive cash flow.
I have ruled out new construction condos in Miami as there is no way to not be heavily negative there with the insane prices and high HOA.
I'm looking for newer projects in good areas. Not looking to get MAX ROI on rental, but at least break even.
Looking for 500K-2M properties
Considering new townhouses in Doral or FL area.
Very confused about the market, seems like everything is listing all over SF for 50% more then it was 2 years ago, now I understand the surge Covid caused into Florida, but are these numbers really maintainable for more growth?
Would love to hear your thought