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is it homestead a good place to invest in real state? Is the area nice and safe?

  • October 07 2013 - Homestead
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Answers (2)

Best Answer

Homestead was one of the areas where investors in 2004-2006 were targeting.  Values crashed and things are slowly getting better.  There are some new developments being built which is a good sign that builders feel the time has arrived.

It would not be my #1 pick for investment due to location.  It's pretty isolated and not much industry or tourism.

Definitely consider Palm Beach County.  Many people are moving from Miami to Broward and Broward people moving to Palm Beach.  Natural migration.

Palm Beach County offers a more central location for access to many aread of the state and is home to Scripps Research, Max Plank, Florida Atlantic University, and Palm Beach Atlantic.  It's also corporate home to several global companies and Palm Beach Interational Airport.

Palm Beach Island is home to some of the nations wealthiest citizens and also provides access to Global Investment Banks and Private Banking.

Values in Palm Beach County range on the low end home in rough area at $50,000 to Luxury Mansion at $75 Million and everything in between.

Central Palm Beach County is only 2 hours to Orlando, 45 minutes to Ft. Lauderdale, 1.5 hours to Miami, and 3 hours to Tampa.

Not to mention some of the best beaches on the east coast.

Definitely consider Palm Beach County.  You definitely get more bang for the buck.
  • October 07 2013
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Click on the "Local Info" tab above and review the data provided to find if this is a fit for your investment. 
  • October 07 2013
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