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Updated almost 8 years ago on . Most recent reply

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Nancy Rich
  • Boynton Beach, FL
1
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Newbie in South Florida wondering about emerging areas

Nancy Rich
  • Boynton Beach, FL
Posted

Hi,  I'm a newbie from South Florida.  I'm wondering about less desirable areas now but that area 1.3 miles from the beach. The houses there are tiny and not updated at all but are going for 175,000.  Does that sound like a place to invest?

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250
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Share Ross
  • Real Estate Agent
  • Boynton Beach, FL
135
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250
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Share Ross
  • Real Estate Agent
  • Boynton Beach, FL
Replied

Hi @Nancy Rich


What city are you talking about? It depends on the city and if the neighborhoods are improving. I would take a look at comparables to see what the highest priced property has sold for along with the lowest. 

And of course, don't rule out house hacking for yourself and .... investing out of state, too! Welcome to BP! 

  • Share Ross

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