Trends in Miami Beach home buying are based on averages, the medium between extremes. Price per SF, interior SF and land size are some of the most important factors that help home buyers choose a Miami Beach home. Today’s national real estate economy has spurred the need for downsizing and created a market for the so called “tiny home,” but for Miami Beach luxury homes, properties can range in size from normal sized single-family homes to estates, mansions and even residences that look like palaces. It wasn’t too long ago when every new home buyer was searching for the perfect Miami Beach waterfront “McMansion” and still today, many new home buyers still want a relatively average to medium sized home for their families, while affluent Miami Beach investors and buyers still consider the ample SF and size of a home to be a big factor in deciding to buy. If you have a large sized Miami Beach waterfront home for sale, you can command a great price from potential buyers in that niche market. If you are considering buying a Miami Beach home deciding the size /SF is a very personal choice and many considerations should be taken into account before your purchase.
Asking these questions can more easily direct you to options you may not have contemplated initially when searching for your new home. Take some time and consult with a Miami Beach real estate agent who knows the South Beach area so that when it is time to buy, you can focus on what matters most to you in your new Miami Beach home, other than location, of course. IF your interested in seeing the latest trend in “tiny homes,” visit the Tiny House Blog here.