Where to Buy Beach Homes Under 500k
Beach homes are one of the best investment properties out there, and there are so many towns in coastal parts of America that have incredible homes with stunning views. These homes are great for both long and short-term rentals, and they are always in demand. If you are thinking about investing in some beach homes, have a look at this list to see where to buy the best beach homes under 500k.
Daytona Beach, Florida
Daytona Beach has around 73,000 residents, and it’s one of the best tourist towns in Florida. This tourist town is full of fantastic homes that are being sold at rock-bottom prices. The sandy beaches make it one of the most desirable places in the area for a fun family trip, so consider investing in some of their single-family homes to open up some short term rentals.
The prices in Dayton Beach are in the mid-200k range for all of the homes, so you can find a house with gorgeous waterfront views for an excellent price. The town is much quieter in the off-season, and 20% of the residents are over the age of 65, so it’s popular with retirees. The city is relatively quiet in the colder months, and the economy is terrific all year round, so it’s a great place to invest in some property.
Ocean Springs, Mississippi
This incredible waterfront spot is located a 9-minute drive from nearby Biloxi, and the town features plenty of fantastic homes along the coast. Residents love the unique small-town feeling they get in the coastal area, along with the fantastic art culture that the town embraces. Homes are in the lower 200k range, and many of them have incredible views of the nearby Biloxi Bay.
This seaside town is ideal for people who want a quiet area with a close-knit community. The town also receives many yearly tourists that attend the festivals and events, along with people taking mini vacations to enjoy the beach. Residents in the town also love the excellent schools, which include the 3-D school Gulf Coast Campus, which is a school specifically for dyslexic children.
Myrtle Beach, South Carolina
Myrtle Beach is a fantastic area that is full of exciting things to do. If you are a golf lover, then you’ll enjoy a few rounds at one of the 86 golf courses within the city limits. The homes in the Myrtle Beach area are in the lower 300k range, which is an incredible price for some of the fantastic scenery that you’ll be seeing out your window all the time from these waterfront homes.
The town is very tourist-heavy, and it has 20 million visitors each year that come from all over to enjoy the fantastic features. The city is known for being one of the most popular convention destinations, so short-term rentals are an excellent investment idea if you purchase a home in an area that has been zoned for short-term rentals. Families also love to visit the city for its boardwalk, mini-golf courses, and great family-friendly entertainment.
Situated on the eastern coast of Virginia is this fantastic little town with about 130,000 residents and some of the most exciting homes you will ever see. There are hundreds of listings on the market, and homes usually sell in the mid-200k range. The town is in a fantastic location that is close to many local military bases, which makes it an ideal spot to move to for people who work in the area.
Homes in Hampton are selling for about 2% above the listing price, which is excellent considering the prices are already well below the national average. The homes in this area are typically single-family homes that are on the larger side, so it’s ideal for growing families. The waterfront homes available are amazing, and many of them come with a private dock so you can keep your watercrafts nice and secure.
Residents love living in Winthrop for its amazing location, waterfront homes, and its proximity to so many other great cities. Winthrop is one town on the list with quite a few more waterfront homes than others, as many are situated along the 7-mile-long beach that extends down the city. The city is located just an 18-minute drive away from nearby Boston, and many of the residents work there while living in Winthrop for its low prices and gorgeous homes.
Homes in Winthrop are gorgeous, and the residents love the tight-knit community that supports the arts. It’s got a great location that is nice and close to larger cities, and its homes are in the mid-400k range, so you can find something amazing for a great price. Residents of the town love the close community, and they enjoy being in such a secluded area while still remaining close to the metro city.
Florida has some of the best beaches in the country, so it’s no wonder they made it onto this list twice. Pensacola is a popular town with about 54,000 residents, and it’s located in NorthWest Florida near the Alabama border. Pensacola has hundreds of fantastic and inexpensive homes for sale, so you can live your beach life dream for a great price with homes selling in the 300k range.
Pensacola is known for being a hot tourist spot, and it has many festivals throughout the year that visitors love to come and enjoy. The beach is one of the most popular in the country, and the local naval aviation station, Naval Air Station Pensacola, is well known by military members as a premier place to get some of the best aviation training.
There are so many fantastic beach towns all over the country that have homes under 500k. These homes are great for a vacation home, a rental home, or even your primary residence if you want to enjoy your life by the beautiful waterside. Have a look at the homes in these cities today to see what each one has to offer and find the home of your dreams in a coastal wonderland.