South Florida, always a desirable destination for snowbirds, has morphed into one of the most insatiable luxury markets in the world. With a favorable tax environment, balmy weather, and diverse cultural attractions, the real estate scene is in the midst of a meteoric evolution and housing prices are expected to rise 3.4% in 2023, according to a Realtor.com forecast released in December. Inventory remains tight and many of the new developments debuting in 2023 will be not completed for another two years.
For those who want a home with move-in ready new construction, a residence at the exceptional Turnberry Ocean Club, located at 18501 Collins Avenue in beloved Sunny Isles, recently came to market for $6.2 million. Not only do the home’s design and oceanfront views make it a standout property but it has complimentary coveted privileges that make life here magical.
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