Miami Market Sept 2021 Question

[Alex Coelho]

Hello all!

I'm heading down to Miami this week to scout the real estate market and wanted to get a sense of the market from folks on the ground. I've read that the area is a bit overpriced at the moment so this may not be a good time to buy. 

I'm also interested in anyone's opinion on Little Havana and the surrounding neighborhoods. There seems to be quite few single family homes for sale that potentially could offer as a good longterm investment. Do you see future growth potential in this area?

Lastly, my goal is to either to buy a condo that allows me to STR or single family home that I can house hack occasionally when I'm in the country. I know not all places will allow STR and still doing my research on the Florida & county regulations. My max on purchase price would probably be 450k but would like for it to be under 400k. Also, not looking for studios. Any guidance would be much appreciated.

Best,

Alex