- Safety: The safety of a place should be your top priority when looking for a potential market. No resident would want to live in a place that is dangerous, so it’s best to check the location yourself to determine how safe it is. Also, check the criminal records in the local area so you’ll have an idea how safe or unsafe a particular neighborhood is.
- Proximity to essential services: No matter what your target market is, you’ll want to ensure that the place is near essential services, such as schools, medical facilities, supermarkets, and other businesses.
- Amenities: Check out the amenities offered in the area to ensure that your tenants will not be inconvenienced for lack of necessary amenities. A good neighborhood should be well-equipped with important amenities, such as clean water supply, electricity, public transportation, mobile networks, and recreational facilities.
To help you get started with your search for the best places to invest in Broward County, we have listed the top Broward County cities and neighborhoods below.
1. Coral Springs
Do you want an investment property that’s close to Miami? Then buying a rental home in Coral Springs is a great option. Since Coral Springs is in close proximity to the great Florida Everglades, residents get to enjoy a natural wetland with beautiful views. This area is home to several excellent schools and plenty of recreational parks. The neighborhoods in Coral Springs are also generally safe. Plus, it has a thriving business community, which allows your tenants to enjoy the essential services near them.2. Pompano Beach
Known as the “heart of the gold coast”, Pompano Beach is also an excellent place to reside. It is home to high-rated primary and high schools, over 50 local parks, picnic areas, playgrounds, and other entertainment amenities. Pompano Beach is a great place for outdoor enthusiasts who love to enjoy the warm weather almost all year long. It offers various recreational activities, such as boating and fishing. Also, it boasts an offshore coral reef and 1,000-foot-long fishing pier.3. Hollywood
This beachfront community is located between Miami and Fort Lauderdale. This city is best for residents who want a small-town vibe with several beautiful beaches and plenty of recreational activities. The Hollywood Beach Boardwalk is famous among joggers, bikers, and rollerbladers.
On top of outdoor activities, residents also get to enjoy various entertainment options, such as concerts, shows, music festivals, and art exhibits. Moreover, Downtown Hollywood is bustling with shops, dining options, and art districts that will leave the residents and visitors in awe.
4. Coconut Creek
Known as the “butterfly capital of the world”, Coconut Creek is another area in Broward County that you should consider investing in. Though it is a much smaller city, it is relatively well-planned. It is, in fact, one of the safest cities in Florida that is considered one of the best places to live in. It boasts plenty of luxury housing, unique boutiques, beautifully landscaped parks, and fine dining. One of the many flourishing businesses in this small city is the Seminole Casino Coconut Creek. The city has plenty of thriving businesses and new developments, making it a great location for those looking for a fresh start.5. Weston
Another great area is the suburban community of Weston. This master-planned city is also one of the safest in Florida.
What’s more, Weston also boasts a low employment rate and high median income, making it an excellent location for those looking to build a career. It also offers several activities—residents can enjoy visiting the museums, historical sites, and one of the many nature reserves in the city.
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