New to FL, areas recommendations?

[Josh Shaughnessy]

Hey everyone, I am looking at expanding into the Florida market. I typically do house hacking or BRRRR. My initial read is that I'll want to stay out of the more major metropolitan cities due to generally higher prices. I think I'm currently leaning toward the Atlantic side of the state. The area from Melbourne down to Port St Lucie kind of caught my eye. Is there anything I should know about these areas that would be a benefit/detriment to investing in them? Are there any other places I'm overlooking? Any guidance or advice would be a great help. And if more info is required just let me know.

I look forward to building a new network in FL

Josh

[Derek Stalhut]

Hey Josh, Thanks for posting this thread : ) My wife and I were born and raised here on the treasure coast. We live here, we invest here and we are full time agents so we keep a close eye on what happening. From my point of view the treasure coast has a long way to grow... If your plan if for buy and hold 15+ years you cannot go wrong. There has been and continues to be a major demand for housing all along the treasure and space coast. Obviously, Melbourne has some of the leading economic drivers in the state with their aviation and aeronautic business which trickle down into the local economy. Port St. Lucie was the third largest growing city for a few months last year. My home town of Fort Pierce has great leadership bringing in new businesses. Fort Pierce now has the largest boat lift in the world for servicing mega-yachts. If you have been to south Florida (Palm Beach - Ft Lauderdale) this will be a good indicator of what you can expect along the treasure coast in the coming decades. Obviously, I live here and may be a bit bias but i love my town. I am very bullish on buying right now and in the coming years. If you have any questions at all feel free to message me. Also there are many local investing clubs I could recommend to you.  Best of Luck To You Josh ! Derek Stalhut