Miami Beach is part of Miami and is composed of a long stretch of island located in the Atlantic Ocean. While it is more known as an entertainment and tourist destination, it is actually a very nice place to live and take root. But before you pack your belongings and decide to live here, you have to first be familiar with the different neighborhoods that make up with beautiful place.
For this purpose, we sought the help of long-time South Florida businessman Lee Rosen, chairman and CEO of Healthy Bees LLC, for his valuable insights. Now, let’s have a look at how it is to live in the different parts of Miami Beach.
Fondly called by the locals as SoBe, this trendy part of Miami beach is the partygoer and shopper’s paradise. This walkable beachfront space is lined with fancy restaurants, retail shops, and nightclubs. SoBe is made for the party crowd and many establishments are open 24/7.
“Needless to say, the real estate here comes at quite price. Renting a condo unit, for one, might cost $2000 per month,” notes Lee Rosen. “But if you want to be where all the action is, it’s an awesome place to live in.”
So be is not really recommended for families with small children because there are limited entertainment options for the little ones. Parking spaces are also scarce and some condo units charge at least $100 monthly to park at their premises, in addition to the rent. You’ll rarely have use for a car here, though, so most locals opt to store their vehicles in nearby beach storage units for the time being.
South of Fifth
SoFi is located at the southernmost tip of Miami Beach and is one of the most expensive neighborhoods in the area. It is home to some of the wealthiest people and Hollywood celebrities.
“Rents at SoFi cost around $3000 a month, but this high price comes with the best in luxury,” adds Lee Rosen. “Most if not all condos here have pools, tennis courts, 24-hour security… the works!”
Small families might find a nice place to at Mid Beach, which is Miami Beach’s more kid-friendly and laid-back area. It is still home to plenty of shopping centers and beachfront hotels, but the landscape is wider (meaning parking is less of a hassle). Housing still comes with a hefty price tag, with condo units going for $200,000 and single houses priced at around $1 million. Rents are friendlier than SoBe and SoFi, though, costing between $1200 to $3500 montly depending on the site and the size of the space.
If you want to get away from the MTV Spring Break atmosphere, you can choose to live in Bal Harbour, which is located at the northern tip. The residential community is still luxurious, but it is a lot quieter and calmer. That said, all the relaxation and calm come with a premium. Rents at this area cost between $2,500 to $4,000 monthly.
“There are so many places to consider before deciding to live in Miami Beach,” notes Lee Rosen. “Don’t forget Sunset Islands, the North Beach, and Surfside, each of which offers unique price points and traits that will make them a suitable place to take root.”
But, regardless of the price, what makes Miami Beach really attractive is its sprawling beaches. Imagine waking up to the view of sea every day — that alone is priceless.