Cresswind at Lake Harris
Tavares, Florida
Miami, Florida
What It Is Like to Retire in Miami
Miami is the largest city in Florida, located in its southeast corner. It is both a popular destination for tourism and retirement,in addition to being a major international center of commerce. Miami has beautiful beaches and bays, plus many interesting neighborhoods including the art-deco area of South Beach. Miami has a very large Cuban-American contingent that gives international spice to the mix. The overall population is over 413,000. Cost of living and crime rate are both very high - but both are very dependent upon neighborhood. .
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Where to Retire in Miami and Home Prices
There are many, many active adult communities in the area. In addition, many areas like Coral Gables offer very pleasant mixed generation housing options.
Housing prices have had a melt down beginning in 2006 that lasted for several years - the median home price in 2011 was $189,000. But the median home price in Miami/Ft. Lauderdale/West Palm Beach area recovered strongly and was at $485,000 in the second quarter of 2021, according to the National Association of Realtors. Part of the reason for the strength of the market is interest among foreign buyers looking for a safe place to invest.
What Is Special about Miami
Miami is one of the leading cities of the world, celebrated in the movies, books, and TV. It has the art deco neighborhoods of South Beach, the fancy downtown along the beach, Biscayne Bay, and many lovely old neighborhoods like Coral Gables. Not to mention the warmest winter climate of any major U.S. city. It is an international city with a large Cuban-American and South American population. Miami is considered a very walkable community.
What Is Not Special about Miami
There is a lot of crime and the negatives of an urban center. Plus it is hot and humid in the summer. Weather.com ranks Miami highly for "most overdue" to be hit by a hurricane. The arrival of the Zika Virus in 2016 in certain Miami neighborhoods has been a very scary event.
Who Will Like Retirement in Miami
Reitrees who want to be in a large vibrant city with a warm climate would like it here.
Local Economy Is Driven by
Miami's economy is diverse. It is the international headquarters of many huge corporations. It is also the economic gateway to South America.
Climate and Physical Environment
Miami is the southernmost big city on Florida's Atlantic Coast. So it is very warm in winter - the average Jan low is 63 and the July high is 87. June is the wettest month with almost 7".
Restaurants & Cultural Scene
Miami has every conceivable kind of cultural outlet - from ballet to professional sports teams to the University of Miami and other colleges. Art Basel is one of the most important annual art exhibitions in the world. Road Scholars offers trips to Miami to explore its amazing culture. There are restaurants for every taste and palate, although many people are eager to sample the authentic Cuban-American cuisine that is popular in many neighborhoods. Our personal favorite is Versailles. Yes, it does look a little bit like a French palace in its decor, and there will be long lines. But the wait is generally not too bad and the food is great.
Crime
Crime in Miami is over double the national average.
Medical facilities
There is a huge number of hospitals in Miami and many, many medical prationers in every medical speciality.
Transportation
Miami International is one of America's busiest airports with non-stop service to the capitals of the world. Fort Lauderdale Airport is also nearby. Mass transit in Miami is blessed with both commuter rail (Tri-Rail) and heavy rail (The Metro). Virgin Trains USA operates the Brightline train with service to Fort Lauderdale and West Palm Beach - Orlando will be connected in 2021. The MiamiCentral station connects to Metro Rail and the Tri Rail. Miami is a busy seaport and the popular base of many cruise ships.
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