SE coast of Florida for vacation rental

[Julius T.]

I'm starting to look at a vacation rental to purchase in the east coast of Florida beach front area starting at Las Olas down all the way to Miami Beach.  I've been to Miami beach for vacation and I love the area but the $$ is fairly high compared to what you can buy as you move up north.  I'm trying to keep it under 250k with a goal of short term rental and use for a vacation once a year. Probably keep it for at least 5-10 years or longer unless the beach front goes underwater (literally).  Can someone tell me what the differences or their preferences in the beach areas north of Miami?  Sunny Isles, Hollywood, Las Olas... etc.  Thanks!

[Aleksandr Bezgin]

Hey Julius,

I live in Sunny Isles for the last 10 years. It's a very nice and up-and-coming area. Very easy to find tenants. Has a nice beach, many restaurants, and close to Aventura mall. 

Hollywood is good too, though not as advanced. You would have to drive to stores if you live on the beachside.

Las Olas is more like south beach. Lots of people and restaurants. 

I have a few rentals here myself. The main thing is to buy in a building with easy rules for renting (the least restrictions as possible). 

Let me know what exactly are you looking for, I will help you find a great investment property. 

Alex