3 under-the-radar Florida cities real estate investors should target, according to a 28-year-old agent with over $600 million in sales

destin

Summary List Placement

Jonathan Spears is one of the top real estate agents in the country and is just 28 years old, with over $600 million in career sales.
He manages a team of seven and works primarily in the high-end market in Northwest Florida. His team has more than $121 million in sales this year to date. 
In an interview with Business Insider, he broke down the three Florida markets he thinks investors should target this year.

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At just 28 years old, Jonathan Spears has completed over $600 million in career sales and has been named one of 2020’s top 100 brokers in the country by Real Trends, ranked by volume.

Spears began his real estate career in 2010 at the age of 18. He the spent the next decade building his expertise in Northwest Florida.

Currently an agent for Sotheby’s International in Destin, Florida, Spears leads a team of seven and has had, despite the coronavirus pandemic, a promising 2020 with over $121 million in sales year to date.

“Northwest Florida presents unbelievable investment potential,” he said. “Typically, we have investors who flock here specifically to find homes they can rent because our season is so long.”

There’s been a discovery of Northwest Florida by East Coast buyers over recent years, Spears explained. 

“What makes the market so special from an investment standpoint is the naturalistic surroundings and a season that extends to the summer where in South Florida, it’s usually in the winter,” he added. As the pandemic rages on and people are forced to keep their travels within the US, he said these markets will become more and more popular.

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In an interview with Business Insider, he revealed the top three markets in Northwest Florida worth investing in right now.

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Destin

Destin, Florida, is a city in Northwest Florida known for its white sand beaches and emerald green waters. 

Homes for sale in Destin range from as low as $248,000 to as high as $4.9 million.

30A

The area called 30A is a 20-mile stretch of beach located between Destin and Panama City Beach. 

“It’s the most urban environment that we have here at the beach, but very boutique at the same time,” Spears explained.

The median home price in this area, according to Spears team, is $1.5 million.

 

Seaside

Seaside sits right off the Gulf of Mexico. There, homes range from roughly $750,000 to nearly $10 million.

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Source:: Businessinsider – Life

      

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