If you’re looking to purchase an investment property, there are many different factors to consider. On top of real estate prices, you also have to look at tourism and how frequently you’re likely to be able to occupy your unit yourself. Today, SecureSpace Self Storage sheds light on a few of the best cities in the sunshine state to run a rental.
- Tampa
On an average year, you can expect 15 million or more visitors to the Tampa area. Your potential customers are brought in by everything from theme parks to outdoors to the thriving LGBTQ community. You can expect to pay somewhere between $325,000 and $330,000 for a condo rental unit, which is likely to stay full year round. If you choose to live here as a snowbird, you can utilize self storage to keep your personal property safe when you’re away.
- Miami
Homes in Miami come in around $100,000 less than those in Tampa. And a look at the nightlife scene in The Big Guava will give you little doubt to believe that Miami is one of the best cities to invest in a rental. Visitors to Tampa enjoy art, music, and sunshine year-round.
- Fort Lauderdale
Of the best things to do in Fort Lauderdale, simply sitting on the beach tops the list. But between day cruises, pirate adventures, and world-class shopping, the 10 million tourists gracing Fort Lauderdale’s shores never run out of reasons to visit this beautiful South Florida city. Get your hands on the $10 million plus vacationers spend each year by rounding out your repertoire of rentals with a condo or beach house. And just like when living in Tampa, you can use self storage to keep your personal belongings safe and sound while you’re away.
- Orlando
Orlando is one of the least expensive major cities in Florida, and the average home price here is just around $172,000. Don’t let this low-price tag make you think there’s not much to draw visitors around, and on top of Universal Orlando, people can expect Legoland, the Wizarding World of Harry Potter, and more. Plus, Orlando is one of the top LGBTQ-friendly cities in the US.
- Palm Harbor
Palm Harbor is a suburb just west of Tampa, and there’s plenty to do in this beachfront paradise, including a visit to Copperhead Golf Course, Wall Springs Park, and Lake Tarpon.
- Titusville
Like Palm Harbor, Titusville is a fairly small community. On the opposite side of the coast, Titusville is found east of Orlando and home to the Valiant Air Command Incorporated Warbird Museum and just across the bay from the Kennedy Space Center Visitors’ Complex. Self storage options are easily found here, and you have plenty of places to keep your personal effects handy while earning an income on a bayfront rental.
SecureSpace Self Storage proudly serves the Tampa Clearwater area with daily access hours and a well-stocked store full of packing supplies to help with your self storage needs.