Yoni, there are lots of good places to buy an investment property here. The question is which areas will get you the best return on investment and which have the most potential. You also need to examine your level of risk tolerance. Are you willing to rent to section 8? How much time are you willing to carry a unit for renovation? Give me a call and I'd be happy to share my thoughts on many different areas of Miami.

Hello ,
You may be able to find something around Dadeland, Kendal and Cutler Bay , these areas are easy to rent.

Lots of great areas are investment worthy. Actually, the highest returns are found in "changing" ~ "transitional" and/or "borderline" neighborhoods. I suggest investing on or near the Intracoastal Waterway or Atlantic Ocean.

Desirability depends on the perspective of the investor or tenant. Some prefer to be near the beach, others like to be "down-town" while some find remote isolation to be the most desirable.

Miami is a BIG City; from South Dade, Kendall, Overtown, Downtown, South Beach, Aventura, Bal Harbour-Surfside, Coral Gables, Coconut Grove, etc.

My website search tool- a work in progress- will show you ALL of South East Florida properties. The functions include price and range, property type and newly implemented map search.

IMHO, 100K will NOT buy a "desirable" property - not even a studio. Yes, there are many properties from $25,000+ But, is that what you want?

WATERWAY REALTY, REALTORS®
~≈~ Miami Beach Real Estate Guy
Search our site; http://www.WaterwayRealty.com ~≈~

Have you looked over on the west coast of FL? South West Florida is not only affordable, but is home to the 5 best area to retire to (Punta Gorda). The homes here are very well priced for investors and are on the water. Instead of wasting money on just one or two properties in Miami why not purchase three or four on the water (gulf access) or on one of the many desirable beaches we have like Siesta Keys (rated best beach in the US)?

I deal with investors all over the US and Canada and get a lot of my properties straight from banks so that you can have first shot at them before the properties hit the MLS. If you are interested please feel free to contact me so we can start making you money right away!

No this home was a 2 bed 2 bath home. The realtor has since taken down the property from the website. Not sure why, but it is no longer listed. If you are interested in any homes in beautiful South West Florida please feel free to visit Stas.PuntaGordaRealEstateSearch.com at any time for free and you will be able to view every property from Sarasota down to Naples!

Thanks,....

Stas Matias

Erin Catron & Company
941-209-1561

Downtown/Midtown Miami and around University of Miami.
Call me - 786-417-3533
Thanks,
David

Cutler bay is a great place to buy an investment to rent. I have one available for sale is a Townhome 3/3 that you could easily rent it for $1300 per month. The bank is selling it for 92k. Great deal!