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Best Place to Live in Florida

Cheapest Place in Florida

By Rocky Published 3 years ago 3 min read
Best Place to Live in Florida

Florida is one of the USA real estate markets with the quickest growth. Find a list of the best places to live in Florida, based on three major criteria: typical home value, home value appreciation, and effective property tax rate, whether you're looking for a rental property or want to buy a home in Florida. Florida's real estate market is among the best-performing in the country, which should not be surprising given that the state has 1,350 miles of stunning coastline and sunny weather for the most of the year. Owning a vacation property in the Sunshine State is proven to be particularly appealing.

There are several reasons you might want to purchase a home in Florida, including proximity to family, investment in a beach town, holiday home, proximity to a job, proximity to Disney World, and lower-than-average property taxes. Here is the list of best places to live in Florida if you're considering buying a property there.

1. Daytona Beach

The ideal weather, thriving job market, and unrivaled coastlines make this place one of the best places to live in the United States. Its well-known seaside lifestyle attracts tourists from all over the world, making it one of the most well-liked tourist attractions on the east coast.

Daytona Beach, a community on the Atlantic coast, has the lowest average property value of $209,971, 33.4% less than the state average. Property values have increased by 61.7% in the last five years. The rental vacancy rate is 6.2%, which is below average.

2. Pine Hills

Built around two golf courses, Pine Hill is a town with a very diversified population and wonderful individuals. Some of Orange County's top-rated warehouse properties are located in this area. Pine Hills is close to the commercial and tourist hubs of Orlando because of its strategic location.

Pine Hills is one of the best places to live in Florida, with a typical home value of $222,782, which is 29.3% less than the average of other cities. Residential real estate in the suburban city west of Orlando has increased by 97.2% over the past five years, outpacing the national average of 52.4%. At 4.1%, rental vacancy is below average.

3. Deerfield Beach

Deerfield Beach combines the quaintness of a tiny community with the warm welcome of the South. It offers a laid-back lifestyle with convenient access to restaurants and stores, as well as a beach culture that draws tourists. Even though Deerfield Beach is known for its fine sand and clear water, the International Fishing Pier is what draws most visitors. This is the most cherished treasure at the beach, extending 976 feet into the Atlantic.

The usual property value in Deerfield Beach, which is located in Broward County along with Fort Lauderdale on the Atlantic coast, is $230,722, which is 26.8% less than the national average. In the last five years, home values have increased by 52.9%. With a 4.5% rate, the rental vacancy rate is similarly below average.

4. Lakeland

Because there is always plenty things to do, people of Lakeland find its proximity to larger cities like Tampa and Orlando to be convenient. The city of Lakeland is recognized for its abundance of Florida wildlife, numerous canals, and also known as the "Swan City." The biggest single site collection of Frank Lloyd Wright buildings in the world is there, also the Florida Southern College, Circle B Bar Reserve, Detroit Tigers Spring Training, and Safari Wilderness.

Another best place to live in Florida, the home market that is quite competitive is Lakeland. Lakeland has a typical home value of $232,792, which is 26.2% less than the national average. At 65.5%, home value appreciation is above average. With a 9.2% rate, the rental vacancy rate is above average.

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About the Creator

Rocky

Addyourlife.com is pleased to provide reliable, comprehensive, thought-provoking information on important topics worldwide without regard to bias or personal agendas.

https://addyourlife.com/

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