There is a lot of optimism around the commercial real estate market in Florida. Even though the COVID-19 pandemic wreaked havoc throughout the industry during 2020, the introduction of vaccines, paired with the companies that are returning to work, is creating a demand for more commercial properties.
Florida commercial real estate offers investors a steady extra income and a great return on investment for a number of reasons.
With picturesque beaches and an ideal climate, it’s no wonder that people flock to the Sunshine State to live and retire. There is a growing demand for multi-family housing because condos are such a popular way to live among Florida residents.
Between the high inventory of available real estate and comparatively low prices, the opportunities for real estate investors are aplenty in Florida. This combination — not to mention historically low mortgage rates — allows for both the buyer and the investor to benefit and makes Florida an ideal place to do real estate transactions.
The economy in Florida continues to flourish even during a recession. Not only do people flock to Florida to live and retire, but it is also a hub for tourists. From the sandy beaches of the Keys, all the way up to the Panhandle, people love to visit. And with steady incoming tourists comes a demand for rental properties and retail space.
These are just a few of the factors that make Florida an ideal place for real estate investors to invest their money. The value and return on investment make it attractive and appealing to investors all over the world.
For more information on how to invest in Florida, call the experts at BSD Capital. We will walk you through our two investment routes, as well as the properties that we currently have under management. We have over 15 years of experience investing in Florida real estate and we’re ready to help you with your next investment.