If you're considering purchasing a vacation home, there's no better place to do so than Perdido Key, Florida. With its stunning beaches, world-class amenities, and strong real estate market, Perdido Key offers a unique opportunity for both luxury and investment property ownership. Here are the top 5 reasons why you should consider buying a short term rental condo in Perdido Key this year.
Strong Real Estate Market
The Perdido Key real estate market has remained strong over the years, with steady growth in both home values and rental income. According to recent data, the median home value in Perdido Key has increased by 5.5% over the past year, and is projected to continue growing in the years to come. Additionally, short term rental condos in Perdido Key have consistently generated high rental income, making them an excellent investment opportunity.
Despite the strong real estate market, Perdido Key still offers attractive prices for vacation homes and investment properties. Compared to other beach destinations such as Miami and Destin, Perdido Key offers lower prices and a more relaxed atmosphere, making it an ideal location for those looking for a more affordable vacation home or investment property.
Stunning Beaches and Amenities
Perdido Key is home to some of the most beautiful beaches in the world, with crystal-clear waters and sugar-white sands. In addition, the area offers an array of world-class amenities, including golf courses, spas, shopping centers, and restaurants. Whether you're looking for relaxation or adventure, Perdido Key has something to offer for everyone.
Short Term Rental Opportunities
With its strong rental market and attractive prices, Perdido Key is an excellent location for short term rental property ownership. Vacation rentals in the area consistently generate high rental income, making it an excellent investment opportunity. Additionally, Perdido Key has a well-established tourism industry, providing ample rental opportunities throughout the year.
In today's uncertain economic climate, it's important to choose a location that offers financial stability and security. Perdido Key's real estate market has proven to be resilient in the face of economic challenges, and its smaller community offers a sense of stability and security. Additionally, Perdido Key's strong real estate market provides an excellent opportunity for long-term appreciation and financial growth.
In conclusion, Perdido Key is an excellent location for those looking to purchase a vacation home or investment property. With its stunning beaches, world-class amenities, and strong real estate market, Perdido Key offers a unique opportunity for luxury and investment property ownership. So if you're considering purchasing a short term rental condo, Perdido Key should definitely be on your list of potential locations.
Broker/Owner Perdido Key Resort Realty
GM Perdido Key Resort Management
JD is the Broker/Owner of Perdido Key Resort Realty which proudly serves all property owners in and around the Greater Perdido Key and SW Pensacola areas. JD is also the GM for Perdido Key Resort Management which as of this writing manages over 50mil in short-term rental real estate in the Perdido Key area. If that isn't enough... JD Hallam has also been the Board Member serving as the Perdido Key Lodging Representative for the Escambia County Tourism and Destination Marketing Organization, VisitPensacola, and was the organization's FY19 Marketing Committee Chairman after having been the Treasurer for FY17 and FY18 Marketing Committee Chairman.
If you have questions about buying, selling, or general questions about the market then you should speak with JD at your soonest convenience.