Florida is a popular place for people who want to live in a sunny and vibrant environment. It has beautiful beaches, a warm climate, and a diverse culture. However, living in some parts of the Sunshine State is becoming more expensive, even though it is considered paradise.
If you are thinking about moving to Florida and have a lot of money to spend, these are the most expensive places to live in the state.
Florida Most Expensive Places to Live
Fisher Island
Average Home Price: $3,483,300
Average Rent: $12,000
Fisher Island, which is situated near Miami, has been recognized as the most expensive zip code in Florida for many years. This exclusive enclave can only be reached by ferry. It is known for its luxurious waterfront homes and top-notch amenities. People who live here can enjoy their own beach, a golf course that hosts championship games, and a spa. Fisher Island is an extremely luxurious place with a median home price in the millions.
Palm Beach
Average Home Price: $1,807,100
Average Rent: $10,281
Palm Beach is a wealthy island town in Florida known for its fancy shops and big houses. It is the most expensive place to live in the state. This exclusive destination attracts celebrities, business leaders, and social elites with its beautiful beaches and luxurious lifestyle. Palm Beach is a place where rich people like to live and play. The median price of a home there is close to two million dollars.
Miami Beach
Average Home Price: $482,600
Average Rent: $10,000
Miami Beach is famous for its beautiful art deco buildings and exciting nightlife. It has always been a popular place for wealthy and famous people to visit. The city has a variety of luxurious condos and waterfront properties that are very expensive. Living in the heart of South Beach or on Star Island can be a dream come true for those who can afford it.
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Naples
Average Home Price: $1,045,900
Average Rent: $6,500
Naples is a city in Florida that is known for its fancy stores, nice restaurants, and beautiful houses by the water. Naples is a highly desirable place to live in Florida because the median home price is over a million dollars.
Coral Gables
Average Home Price: $1,176,400
Average Rent: $5,490
Coral Gables is a beautiful and historic city in the Miami area. It is known for being affluent. The area is known for its charming Mediterranean-style mansions and streets lined with trees. The city has stunning architecture and a luxurious lifestyle, but it is quite expensive.
Bal Harbour
Average Home Price: $1,558,300
Average Rent: $16,805
Bal Harbour is a small village by the sea, located north of Miami Beach. It is well-known for its luxurious shopping and beautiful oceanfront homes. The Bal Harbour Shops are a place where you can find very expensive and exclusive brands. The real estate in the area is also very luxurious.
Aventura
Average Home Price: $472,500
Average Rent: $2,498
Aventura is a city in Miami-Dade County known for its combination of luxury living and diverse cultural experiences. This lively area has waterfront condos, beautiful golf courses, and high-end shopping centers that make it attractive.
