Florida Beach Towns To Buy Property in the Next 5 Years
Maria Elena Plasencia, sales director at Fortune International Group, calls Florida’s Hollywood a hidden gem that is expecting substantial growth over the next five years.
“From a real estate investment perspective, Hollywood is highly attractive due to its strategic location, ongoing infrastructure improvements and relative affordability,” Plasencia said. “The city is undergoing a transformation, and putting lots of money into upgrades and improvements.”
Buyers interested in purchasing property in Hollywood are being drawn there for more than just the strong rental and resale prospects. Additional perks include the city’s access to marinas, parks and other year-round outdoor activities, walkability to the beach, proximity to two international airports and overall laidback vibes.
Hollywood might not stay under the radar for much longer, however. Because the city offers the coastal lifestyle buyers crave at a much more affordable price than larger cities, Plasencia said there is significant interest from domestic and international buyers viewing the city as a long-term investment.
