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Buying a Summer Home in Winter


January 13, 2016

Have you noticed a greater number of snowbirds around Miami Beach lately exploring the various Miami Beach condos for sale or the single family homes?  The weather has been a tad chilly here in South Florida lately by our standards, but in the colder parts of the country, it’s a great time to consider a waterfront home purchase to use during the summer.

Now you may be thinking, “Isn’t it a little early to be thinking about a beachfront home?”  Not necessarily.  Buyers looking for a beachfront condo or home for the summer have much more leeway if they begin their search during the off season when it comes to price negotiation.  Even if there is a low inventory, the fewer amount of buyers on the market means that current buyers are in a significantly better position when dealing with sellers and agreeing on a mutually acceptable price.

Should you purchase something like a Miami Beach home that requires a bit of work, the off-season is the perfect time to hire a local contractor to take care of whatever upgrades or repairs may be necessary.  This may be particularly important if your plans include leasing a property out when you aren’t using it yourself as a summer or vacation residence.

This update is presented by Miami Beach Realtor Tim Allen of Blackstone International Realty, specializing in the Portofino Tower.  If you are interested in Miami Beach condos such as the Portofino Tower South Beach condos for sale, call Continuum expert Tim at 305-588-2451 for information on sales and rentals.