Real estate agents across Florida are pointing to a select group of beach towns poised for growth over the next five years. As housing costs surge nationwide, these locations offer a blend of affordability, investment potential, and desirable coastal lifestyles. Experts suggest buyers act now, as rising demand is already tightening inventory in these previously under-the-radar markets.
Hollywood: The Affordable Coastal Gem
Maria Elena Plasencia, sales director at Fortune International Group, highlights Hollywood as a prime investment opportunity. The city’s strategic location, infrastructure upgrades, and relatively lower prices are attracting domestic and international buyers. Hollywood offers convenient access to marinas, parks, and two international airports, making it an appealing choice for those seeking a laid-back yet well-connected lifestyle.
New Smyrna Beach: Orlando’s Coastal Alternative
For buyers seeking proximity to Orlando without the heavy tourist crowds, Adriana Trigg of Legionary REI recommends New Smyrna Beach. This town has long been a hidden gem, but its strong short-term rental potential and artsy community vibe are now drawing increased attention.
Pompano Beach: Affordable Luxury on the Rise
If Miami, Fort Lauderdale, or Boca Raton are out of reach, Julio Ybanez suggests Pompano Beach as a viable alternative. Ongoing downtown developments, historic district renovations, and pre-construction beachfront condominiums make this city uniquely positioned for affordability. The lower home prices coupled with rising investment make Pompano Beach a strategic purchase.
Port St. Joe: Old Florida’s Emerging Market
On the Gulf Coast, Trigg points to Port St. Joe as a smart bet for the next five years. This town retains the charm of “Old Florida” while attracting growing interest from those seeking coastal beauty without the premium prices of hotspots like Naples. Inventory is shrinking, suggesting future price increases.
The Space Coast: Remote Workers’ Paradise
CJ Hobgood, a realtor on Florida’s Space Coast (Melbourne Beach, Indialantic, Indian Harbor Beach, and Satellite Beach), notes that these towns have become particularly popular with remote workers. The combination of work-from-home flexibility and a quiet coastal lifestyle is fueling real estate growth in the area. The Space Coast offers smart investment opportunities in a less crowded and expensive market.
Investing in Florida’s beach towns requires careful consideration, but these locations offer a compelling mix of affordability, growth potential, and lifestyle benefits. Buyers should act decisively, as increasing demand is likely to drive prices higher in the coming years.
