[temdbej]

I just went to Miami for the first time. I loved Miami Beach. Also surprised by how relatively inexpensive real estate was.

[itomato]

It's the hurricane and flood insurance that are insane

[fencepost]

Also surprised by how relatively inexpensive real estate was.

It's not just the price, it's whether you can get financing for it. As noted elsewhere, there are areas where a 30 year mortgage is simply not an option.

[vonmoltke]

> Also surprised by how relatively inexpensive real estate was.

Compared to what? South Florida real estate is pretty expensive, compared to the rest of the US.

[opportune]

Most of Miami outside of the immediate vicinity of downtown Miami and Miami beach is pretty affordable as far as coastal cities go, especially compared to ones with Miami-caliber weather.

Not sure what the climate change situations are, but there are condos in an amazing location (Brickell Key) which go for like $300-400k for a 2bed.

[bilbo0s]

Maybe this guy is from San Fran or Manhattan. In which case, yeah, 2 or 3 thousand square feet on South Beach seem "cheap".

But compared to most of the US, South Beach is pretty expensive.