With 1,350 miles of beautiful coastline and sunny weather most of the year, it should come as no surprise that Florida's real estate market is among the top-performing in the country. And since many people still work remotely due to the Covid-19 pandemic, the Sunshine State is proving to be a particularly attractive place to own a vacation home.
According to a market report for Florida's East Coast by One Sotheby's International Realty, median single-family home prices in the region have reached a record high, with almost a third of all sales (houses and condos) currently selling above listing price.
Most buyers looking for a vacation home in Florida are in the market for properties in luxury buildings with lots of high-end amenities, in proximity to restaurants and sporting events. "And views of the ocean", "You can never get tired of looking at those."
If you're thinking about investing in a vacation home in Florida, here are the best Florida towns, cities, and destinations to target.