Friday, August 31, 2012

Apartment Living in Doral

Apartment living is a great option for many reasons. The lack of maintenance involved in homeownership is one of the biggest benefits of renting an apartment. Winter residents who don’t want to commit to full-time homeownership also enjoy the convenience of short term leases offered by many apartment complexes in the Doral area. This is also a good option for visitors who plan on spending a few months during the summer enjoying the Florida sun. Many apartment complexes offer residents the option of rentals in Doral from four months or less. Four of the most popular apartment complexes in Doral include Camden Doral, Doral West, Doral Terrace, and Valencia at Doral. 

camden doral pool

Camden Doral is located at NW 107th Avenue just minutes away from the Turnpike and Highways 826 and 836. Camden Doral offers one, two, and three bedroom apartments with rents ranging from $1,322 to $2,004. All apartments feature stone tile in the bath, foyer, and kitchen as well as a full size washer and dryer. The master bath includes a Roman-style bathtub. All units include outside storage, ceiling fans, and intrusion alarms. Residents of Camden Doral can enjoy the many amenities including swimming pools, hiking and jogging trails, a fitness center, business center, picnic area, and racquetball court. Camden Doral also offers corporate housing for businesses. 

camdem doral kitchen

Doral West is located at NW 114th Avenue, also near the Turnpike and major highways in the area. Doral West offers seven floor plans for their one, two, and three bedroom apartments and townhouses. Rents range from $1,500 to $2,010. All apartments feature an eat-in kitchen, dishwasher, garbage disposal, vaulted ceilings, full size washer and dryer, and walk-in closets. Doral West is located in an A-rated school district and has a tot-lot playground for the kids. Residents can enjoy the Florida weather from their own porches and balconies offered on many of the floor plans. Amenities available to residents include a full private clubhouse with a business center, fitness center, racquetball court, resort-style swimming pool, and Jacuzzi. 

doral terrace

Doral Terrace is located at NW 50th street just West of the Turnpike. This makes Doral Terrace an easy commute to and from Miami. The one, two, and three bedroom garden style apartments range from 658 to 1,230 square feet. Rents range from $1,160 to $1,560 with the first month’s deposit. Doral Terrace has Affordable Housing which means residents must meet income regulations to qualify for this program. All units include air conditioning, full size washer and dryers, dishwasher, and microwave. Residents have full use of the clubhouse, pools, fitness center, billiard room, BBQ area, business center, tot-lot playground, and sand volleyball court. 

valencia at doral pool

Valencia at Doral is located at NW 45th Street and is just minutes away from the Turnpike. Renters have their choice of one, two, and three bedroom apartments and townhouses with rents ranging from $1,355 to $1,760. All apartments feature a dishwasher, are cable ready, include a full size washer and dryer, and have their own private balcony. Amenities at Valencia at Doral include a clubhouse, business center, 24 hour emergency maintenance, hot tub, fitness center, pet friendly areas, a playground, and tennis court. 

Apartment living in Doral is one of the best in Florida. Situated near the Miami/Dade metro area, Doral offers residents and visitors the convenience of being near all the excitement of the big city while enjoying the laid back lifestyle of Doral. Whether a full-time resident or a seasonal visitor, apartments in Doral offer something for every budget and taste. 

Friday, August 24, 2012

The Reserve at Doral - Affordable Luxury Living

When you think of the Miami area your first thoughts may be of an exciting nightlife, art deco historic buildings and outstanding Cuban cuisine. All of this is true, but tucked away in the nearby city of Doral is one of the most affordable gated communities in the area. The Reserve at Doral is a gated community which offers residents all of the amenities and safety of a gated community along with luxury living at an affordable price. Home buyers have their choice four townhouse layouts. The Cypress has 3 bedrooms, 2.5 baths and is 2,046 square feet. The Banyan is a 3 bedroom 3 bath 1,975 square foot condo. The Magnolia offers 2,283 square feet and 4 bedrooms and 3.5 baths. The largest unit is the Poinciana with 4 bedrooms, 3.5 bath, and 2,307 square feet. Homes list for an average of $473,500 with prices ranging from $380,000 to $495.000.

reserve at doral

Many of the homes have lake front views, and all homes come with a one or two car garage. A spacious upper level veranda and covered backyard terrace are included in all of the home plans. Tile flooring is used in the kitchen, entry, and bathrooms with the remainder of the home furnished in stain resistant carpeting. Designer grade hardware and an attention to detail make the homes in The Reserve feel and look truly luxurious. The master suit features a Roman tub, walk in dual closets and dual vanities. Granite countertops and stainless steel appliances make the kitchens in the units a chef’s dream. 

reserve at doral townhomes

All townhomes at The Reserve at Doral are pre-wired for satellite television in the family room and bedrooms. Each home has a covered entrance brick paver walkways and driveways, as well as a large backyard (something seldom seen in a condo community). Energy efficient windows, standing seam metal roofs, and hurricane protection at all of the openings make the homes at The Reserve not only attractive but safe during Florida’s hurricane season.

The Reserve at Doral offers residents all of the amenities of luxury condo living. At the lakeside clubhouse residents can enjoy a fitness center, community room with a Billiard table, a library and reading room, large swimming pool with deck, spa treatment rooms, and a kitchenette with bar for entertaining. Parks are located throughout the community so that residents can relax in the Florida sun or take their children and pets out to play. Since The Reserve is a gated community with a 24 hour attendant, residents can be assured they can enjoy find Florida living safely and quietly. Located within the city limits of Doral and just minutes away from the Miami/Dade area, The Reserve is one of the premier gated communities of the area, and has everything residents would want for affordable luxury living. 

Wednesday, August 22, 2012

Doral Offers Residents and Visitors an International Shopping Experience

Doral is part of the vibrant Miami area and not only has some of the best real estate in Florida, but it also offers residents and visitors alike a shopping experience on par with any large metro area. The Miami International Mall and Dolphin Mall are both located in and around Doral and have shops, restaurants, and events to suit almost any taste. If you want it, chances are you’ll find it at one or both of these popular shopping destinations. Doral is a unique community situated within minutes of Miami. It is rated as one of the top cities to live in for the state and the nation. A high employment rate, affordable real estate, and healthy economy all combine to make Doral the fastest growing community in the Miami/Dade area, and Doral real estate one of the strongest markets in the country. 

Miami International Mall
The Miami International Mall gets its name from its close proximity to the Miami International Airport. The five anchor stores are JC Penney, Sears, Dillards, Kohls, and Macy’s. It was opened in 1982 and at that time included live trees, penny fountains, a children’s train, and a large center court fountain. The mall went through a downturn in the 1990’s, but it has been renovated and celebrated its re-grand opening in 2001. The Miami International Mall is now a hallmark of modern design and shopping convenience. Over 140 stores call the mall home and include stores such as The Gap, Payless Shoesource, The Limited, Victoria’s Secret, and Bath and Body Works. The Simon Property Group owns and manages the mall. Visitors to the mall will find a modern shopping facility tailored to the 21st Century. Shoppers can register at the mall’s website and receive advance notice of deals and events.

miami international mall

Dolphin Mall
The Dolphin Mall is a popular outlet mall situated between Doral and Miami in Sweetwater. One of the largest outlet malls in Florida, the Dolphin Mall has over 240 shops for shoppers to choose from. These include Banana Republic, Bloomingdales, Coach, The Gap Factory Store, Nike Factory Store and many more large names offering great deals on factory outlet buys. The Dolphin Mall also offers shoppers special events and sales throughout the year. The mall has free live entertainment each weekend and a cinema which shows the latest releases. If shoppers get hungry they can make the choice of several fares including popular favorites like Burger King, Dave and Busters, or TGI Fridays. Starbucks and Haagen-Dazs offer shoppers a quick pick me up and treats to keep them energized. The Dolphin Mall is also owned by the Simon Property Group and is known for its upscale outlet shopping experience. 

dolphin mall doral

Doral not only offers residents and visitors a stable and vibrant economy, growing real estate market, and close proximity to all that Florida offers but a shopping experience you’d expect to find in a much larger metro area. As one of the fastest growing areas in the state, Doral has something for everyone. 

Friday, August 17, 2012

Doral Estates – Luxury Real Estate in Doral

Life in Florida is good, the weather, the attractions, and the many choices in luxury property all combine to make Florida a luxury destination. While visitors look upon Florida as a vacation spot, residents know that living in Florida is like being on vacation all year. The high standard of living in Doral along with its close proximity to Miami make Doral one of the fastest growing communities in the Miami/Dade area. Home buyers can find luxury real estate listings located in the many gated communities and golf resorts in the area.

One of the first gated golf communities is Doral Estates, and was founded in the 1980’s. Since that time it has become one of the premier golf communities in Doral. This gated community protects the resident’s privacy making it a safe and comfortable place to live. Doral Estates is located at the Doral Country Club and is located North of I-395, and between the Palmetto Expressway and the Turnpike.

doral estates homes

Doral Estates is divided into two sections, Doral Colony and Doral Fairways. Doral Colony is a collection of luxury townhomes. The first phase was completed in 1983 with your choice of one and two story, 2 and 3 bedroom homes which all feature a view of the lake and golf features. All units in phase one include double garages, tasteful interior atriums, and fireplaces. The second phase of Doral Colony was completed in 1988. The homes in the second phase come in four models ranging from one and two story 2 or 3 bedroom homes with a light and airy feeling. All of the models in the second phase include a double garage and central vacuum systems.

The latest edition to Doral Estates is the Doral Fairways section and was completed in 1992. These luxury fairway homes are two story, 3 bedroom models with loft ceilings and many of the homes in this section come with pools. Homeowners are able to customize their homes and the resale value of these homes has steadily risen. Homes in the Fairway section all have fabulous views of the golf course and many include spectacular views of the lakes. Prices in Doral Estates range from the mid $800,000’s to $1.6 million.

doral estates real estate

The central location of Doral Estates and the prestige of living in Doral’s first gated golf community make this location a sought after address. Residents have access to the country club, the golf courses, and one of the most beautifully planned communities in the Doral area. It is close to the excitement of Miami and easily accessible by three major roadways. Residents can enjoy the stable economy and high standard of living Doral is known for, and have the good life in Doral’s first luxury community at Doral Estates

Thursday, August 16, 2012

Attractions In and Around Doral Keep Property Values High

The hospitality industry is big business in Florida. In South Florida Miami and the surrounding area dominate the tourist and attraction scene. Close to this is Doral, a thriving and growing community in the Miami/Dade area. Doral has a stable economy with many major employers. Property values are on the rise and with the growing tourist industry and local attractions, real estate in Doral is projected to continue to rise. In an article in the South Florida Business Journal, Ashley D. Torres reports the South Florida hospitality industry experienced significant growth in 2011.

Hotel occupancy rose 3.7% from 2010 to 2011 in the Miami/Dade area. It is estimated that for every 85 tourists, one job in hospitality is created. The area experienced a 6.9 percent increase in the first six months of 2011. This translates into more jobs for the area. Hospitality employment for 2011 rose 3.3 percent in the Miami/Dade County, and neighboring Broward and Palm Beach counties had an increase of 6 percent and 4.3 percent. In 2011 the hospitality industry accounted for over 100,000 jobs in the area keeping the unemployment level below state and national levels.

Some of the attractions in and within a few miles of Doral include the following:
·       The Doral Country Club
·       Costa Del Sol Golf and Country Club
·       Museum of the Americas
·       Sabor Havana Cigars
·       Vizcaya Museum in Coconut Grove
·       Hialeah Race Track in Miami
·       Foxwood Casino in Coral Gables
·       The many beaches of the Miami/Dade area

Other attractions include the Miami Museum of Science and Space Transit Planetarium, the Florida Grand Opera, and Little Havana. There are many more attractions in and around Doral, but they are too numerous to list.

Another contributing factor to the steady job market and strong real estate market of Doral is the cruise ship industry. Ships depart and arrive at Port Everglades, Port of Palm Beach, and the Port of Miami. Over 4 million passengers passed through the Port of Miami in 2011 booked on Celebration Cruise Lines. Carnival Cruise Lines is a major employer in Doral and hosts thousands of passengers each year departing from the ports near the city.

Doral already has a strong economy and with the increase in hospitality trade, the economy continues to be healthy. This also translates into higher than average property values for Doral. The Doral real estate market has experience d growth over and above the state and national levels. As the area grows in popularity, experts predict the real estate market to steadily increase and remain strong. Since its incorporation in 1993 Doral has become the fastest growing community in the Miami/Dade area. Local real estate values continue to rise and the ever increasing hospitality industry and plentiful attractions will only help to fuel future growth in Doral. 

Tuesday, August 14, 2012

Low Unemployment and Plentiful Jobs Help Keep the Doral Real Estate Market Healthy

The Doral area is known for being a stable and growing city. It is close to Miami and within driving distance to most popular Florida attractions. The low unemployment rate and plentiful job market help to keep the Doral real estate market healthy. Unemployment in the Doral area is below state and national averages making Doral a stable and thriving community. The area has several major employers which employ approximately 150,000 workers. Univision, CBS 4, Telefutura, Pepsi, Carnival Cruise lines and over 500 banks and hotels make Doral their home.

According to the latest statistics, Doral rates above both Florida and the United States for employment and per capita income. Per capita income in Doral is approximately $8,000 higher than the national average, and $7,000 higher than the state overall average. The poverty level in Doral is also lower than the national and state at 11.7%.  The following table from shows a breakdown of the local, state and national averages.

Income per capita
Median household income
Median household income owner occupied
Median household income renter occupied
Median earnings male
Median earnings female
Poverty level

These numbers help to make the Doral real estate market stable. More people are moving into Doral than any other city in the Miami/Dade area. Full time workers comprise 85% of the work force. Wholesale and retail services are the largest employers with financial and insurance coming in second. Third place for employment in Doral is transportation, warehouse , and utilities.  The majority of households earn between $60,000 and $100,000. The median age of Doral residents is 35 making Doral a young and vibrant community.

While the real estate market in Doral has experienced a drop in home values (like the rest of the country) it is showing signs of improvement. Home values have risen 5% from June of 2011 to June of 2012. In June of 2011 the median home value in Doral was $220,000. In June of 2012 the median home values rose to just over $230,000. While home value is a good indication of the health of an area’s real estate market, list prices are what home buyers and sellers have to contend with. In June of 2011 the average home list price was $275,000. A year later the average list price was $312,900.

These numbers show that the real estate market in Doral is alive and well. While the area has a temperate climate, is close to the Miami area, and offers residents a quality of life that is rated above state averages; the stable economy and growing job market combine with all of these factors to make Doral one of the most attractive places to live in Florida.

Monday, August 13, 2012

Doral Golf Resorts and Courses Keep Property Values Up

Located just minutes away from Miami and on Florida’s East coast, Doral is the fastest growing city in Miami/Dade County for good reason. Not only is Doral growing, but real estate values are holding above state and national levels. The economy is stable and the area has several things to offer residents such as plentiful jobs, highly rated schools, and a safe environment to raise a family or enjoy retirement.

One of the reasons Doral real estate has held its own for so long is not only a stable economy, but the world class golf resorts and courses located within the area. Perhaps the most famous is the Doral Golf Resort and Spa recently purchased and renovated by Donald Trump. This course is known as the Blue Monster and is host to the World Golf Championship – Cadillac Championship  (a series of championship games) each year. PGA top players rate this course as one of the most challenging and best in the PGA tour. Its 18th hole is famous for being particularly challenging, as well as the entire 7.266 yards of play.

doral gold resort spa

Under the Trump umbrella is also the Great White Golf Course. Completely renovated and redesigned in 2005, the course now has improved bunkers,  new 6th and 15th holes, and many newly planted native grasses and natural drainage. The 7,171 yard course is par 72 and uses crushed coquina shells and plenty of palm trees on every hole. The design also includes water features at 14 of the 18 holes. This course is enjoyed by golfers with high handicaps and professionals alike. In 2000 the National Golf Foundation named the Great White Golf Course as the best new course.

Also at the famous Doral Golf Resort and Spa is the Red Course. This is one of the favorite courses for golfers of all levels. The course was designed by Robert Von Hagge and Dick Wilson. It hosted the LPGA Office Depot Championship in 2001. One thing that sets the Red Course apart is the unique design. There are two island greens located at the 6th and 14th holes. It is praised for being one of the most attractively laid out courses at the Resort. Measuring 6,146 yards it is smaller than the other courses, but still presents a challenge.

doral golf real estate

The Doral real estate market benefits from the popularity of golf in the area. Condo prices on and near the Resort have an average list price of $315,000. Single family homes in the Doral area around these golf courses list from $245,000 to over $1 million. Many of the homes in the Doral real estate market are close to or on the water. If you are a golf enthusiast and want to live in a stable and growing community, look to the Doral real estate market. You will not only find world class golf courses, but homes at almost every price point close to or on the Resort. 

Saturday, August 4, 2012

Doral Isles - the Biggest Development in the City of Doral

One of the biggest developments in the City of Doral is Doral Isles. This is a gated community made up of 13 distinct neighborhoods, each on its very own isle. Each neighborhood has its own distinct personality and as part of the fastest growing area in Miami/Dade County, Doral Isles has something to offer almost everyone. Doral Isles is located in the heart of the City of Doral, but it has its own community feel to it and offers many amenities to residents. The community has five interconnected lakes, soccer fields, a clubhouse, parks, and many green areas for the residents to enjoy.

doral isles doral real estate

Doral Isles is located between NW 58th street and NW 74 street, and between 107 ave and 104 ave. It is close to the Florida Turnpike, the Plametto Expressway, and the Dolphin Expressway giving residents easy access to the Miami area and the rest of Florida. There are a total of 1,721 homes and condos in Doral Isles which are just minutes away from the major attractions of the Gold Coast. It is the peaceful neighborhoods, central location, and quality of life which make Doral Isles such a popular place to call home.

One of the most popular features of the community is The Island Club. The Island Club has two large heated waterfall swimming pools, fitness center with cardiovascular and strength training as well as free weights, and sauna. It also offers daily classes in kick boxing, yoga, step classes of all levels and other daily activities. In the Island Club there are men and women’s changing facilities, and a coffee bar. One of the pools has a shallow end especially for kids, making the Club the perfect place for families to enjoy time together in the sun. Many residents like to go to the Club, grab a refreshing beverage from the coffee bar, and relax and enjoy the Florida sunshine. 

The Doral Isles real estate market has single family homes, townhouses, and condos for lease or for purchase. Prices vary from neighborhood to neighborhood. In the Barbados neighborhood a 4 bedroom, 2.5 bathroom coach home lists for $335,000.In the St. Croix neighborhood, a 4 bedroom, 3 bathroom detached home lists for $799,000. There are also luxury homes in Doral Isles which list for over $1 million. One example is in the Catalina neighborhood where a 5 bedroom, 3 bathroom detached home lists for $1.19 million. All of these homes have access to the lakes, The Island Club, and all of the amenities of the Doral Isles community.

It is the central location, the safety of a gated community, and the beauty of the homes and neighborhoods which have made Doral Isles the biggest development of the City of Doral. With easy access to major highways and roads, Doral Isles is considered one of the most desirable addresses in the Miami/Dade area. Young families, single professionals, and retirees call Doral Isles home.

Friday, August 3, 2012

Doral Real Estate Market Update - July 2012

In the following table you can see all closings in the Doral area for the month of July 2012. There were a total of 47 closings. The main statistics are:

  • Average price per square foot: $159
  • Lowest price per square foot: $54 - Ibis (short sale) - this unit went pending the same day it was listed
  • Highest price per square foot: $355 - Doral Isles Venetia

Address Community Bed/Bath Living Area Days on Market List Price Sale Price Price per sq ft
7350 NW 114 AV # 104-4 Palm Gardens at Doral 2/2 870 303 $110,000 $110,000 $126
7290 NW 114 AV # 102-7 PALM GARDENS AT DORAL 2/2 969 1 $110,000 $110,000 $114
10066 NW 41 ST # 58-5 VILLAS OF AMBERWOOD 2/2.5 1392 111 $123,000 $126,000 $91
10065 NW 46 ST # 105 VALENCIA AT DORAL 1/1 602 182 $125,000 $123,000 $204
9735 NW 52 ST # 306 DORAL OAKS 2/2 1475 13 $129,900 $126,500 $86
4560 NW 107 AV # 101-12 ENCLAVE AT DORAL 1/1 743 261 $140,000 $122,000 $164
4744 NW 114 AV # 205 Villa Doral 3/2 1120 8 $151,900 $162,000 $145
5410 NW 107 AV # 510 COSTA LINDA 2/2 1328 1 $155,000 $142,000 $107
10850 NW 89 TE # 204-5 CORONADO AT DORAL 3/2.5 1256 41 $160,000 $160,000 $127
6142 NW 115 PL # 318 THE GATES 3/2 1210 12 $165,000 $169,000 $140
10764 NW 84 ST # 7-25 LEEWARD AT ISLAND 3/3 1462 163 $173,100 $190,000 $130
11450 NW 60 TE # 293 THE GATES AT DORAL 3/2.5 1460 242 $175,000 $175,000 $120
5580 NW 107 AV # 1201 Costa Linda 3/3 1462 11 $179,900 $195,000 $133
10010 NW 44 TE # 110 VALENCIA AT DORAL 3/3 1184 54 $190,000 $185,000 $156
10777 NW 84 LN # 3-42 LEEWARD AT ISLANDS 2/2.5 1282 33 $192,000 $180,000 $140
9755 NW 52 ST # 410 DORAL HOUSE 2/2 1130 77 $194,000 $182,000 $161
11116 NW 88 TE # 103 Ibis Villas 3/3 2206 166 $195,000 $195,000 $88
11552 NW 43 TE # 0 SANDCASTLE AT DORAL 3/2.5 1570 4 $195,000 $210,000 $134
11005 NW 43 LN # 0 EAGLE COVE 2/2.5 1350 37 $195,000 $195,000 $144
10921 NW 88 TE # 1303 IBIS VILLAS AT DORAL 3/3.5 2206 0 $196,000 $120,000 $54
10885 NW 89 TE # 226 CORONADO AT DORAL 2/2.5 1123 15 $200,000 $196,000 $175
4842 NW 116 AV # 0 Dimensions at Doral 2/2.5 1350 4 $220,000 $220,000 $163
10763 NW 83 ST # 1-20 LEEWARD 4/3 1507 11 $234,000 $220,000 $146
5743 NW 112 PL # A Sonoma 4/3.5 1800 769 $240,000 $240,000 $133
10720 NW 66 ST # 209 CAPTIVA CONDO 3/2 1710 8 $250,000 $200,000 $117
11201 NW 57 LN # 0 Doral NE Townhouse 3/2.5 1910 46 $257,000 $257,000 $135
11508 NW 77 LN # . Winward at Doral 3/2.5 1691 41 $265,000 $255,000 $151
5076 NW 114 PL # 0 DORAL LANDINGS 3/2.5 1450 149 $265,000 $250,000 $172
11255 NW 58 TE DORAL ISLES CAYMAN 3/2 1696 167 $320,000 $305,000 $180
10884 NW 85 TE ISLANDS AT DORAL 3/2 2155 270 $339,000 $327,000 $152
5152 NW 112 PL DORAL LANDINGS EAST 3/2 1688 19 $340,000 $315,000 $187
5485 NW 112 PA # 5485 LAS CASCADAS 3/2.5 2280 102 $355,000 $345,000 $151
10802 NW 84 LN ISLANDS AT DORAL 3/2.5 2014 14 $355,000 $340,000 $169
10995 NW 87 LN # 10995 MADEIRA II 4/2.5 2217 9 $379,900 $355,000 $160
6811 NW 107 CT DORAL ISLES ST CROIX 3/2.5 2114 319 $399,999 $383,750 $182
5195 NW 113 CT DORAL LANDINGS EAST 4/2.5 2317 69 $409,900 $388,000 $167
5383 NW 111 CT RESERVE AT DORAL 4/3 2935 83 $415,000 $415,000 $141
11235 NW 79 LN ISLANDS AT DORAL 4/4 3069 547 $450,000 $410,000 $134
9335 NW 48 TE # 0 DORAL COLONY 3/3 2350 28 $455,000 $425,000 $181
10965 NW 73 TE DORAL ISLES ST CROIX 5/3 3145 435 $599,000 $535,000 $170
4785 NW 103 CT DORAL DUNES 1ST ADDN 4/2.5 2930 113 $600,000 $590,000 $201
6366 NW 113 CT DORAL ISLES RIVIERA 4/3 3295 335 $710,000 $670,000 $203
4477 NW 93 CR DORAL ESTATES VILLAS 3/2.5 2696 8 $720,000 $700,000 $260
8325 NW 116 AV ISLANDS AT DORAL 5/4 3363 68 $750,000 $690,000 $205
10968 NW 73 ST DORAL ISLES ST CROIX 4/3 2577 8 $800,000 $670,000 $260
11073 NW 72 TE DORAL ISLES CATALINA 5/3 3197 221 $1,190,000 $900,000 $282
11100 NW 71 ST DORAL ISLES VENETIA 5/3.5 3944 28 $1,400,378 $1,400,000 $355

Thursday, August 2, 2012

Why Doral Real Estate Keeps Going Up

The Doral real estate market is one of the healthiest not only in the state, but in the entire country. Doral is ranked as the fastest growing community in Miami/Dade County. Since the 2000 census, the population has grown in Doral by over 45,000 permanent residents. What is it that attracts new residents to Doral and keeps the real estate market so healthy? The beautiful area, temperate climate, and healthy economy are just part of the equation. There are many reasons Doral is so popular.

One of the things which attract young families is the quality of the schools in the area. According to Great Schools (a website which takes information gathered from the community and rates schools) Doral has several public schools which are rated five out of five, or four out of five stars.

·       Doral Academy – PK to Grade 5
·       Doral Academy of Technology – PK to Grade 8
·       Doral Academy Middle School – Grades 6-8
·       Doral Performing Arts & Entertainment Academy – Grades 9-12
·       Renaissance Elementary Charter School – PK to Grade 5

Not only does Doral have excellent public schools, the community also has several highly rated private schools. The quality of the education Doral offers is one of the reasons real estate values keep rising. As more young families move to the area, median listings show signs of a continuing upward swing. Rental properties are also showing an increase in list price, making Doral a place real estate investors are becoming more interested in.

The quality of life in Doral is another big draw for residents. With six popular golf courses and resorts in the area, golf enthusiasts have their pick of top rated courses to choose from. The Blue Monster (The Doral Golf Resort) was recently purchased by Donald Trump with plans to renovate and update the course and resort. This has spurred renewed interest in the area’s real estate market. Other top rated courses in Doral include Greg Norman’s Great White, The Silver Course, The Gold Course, The Red Course, and Costa Greens Golf Club.   

It’s not just about recreation; the economy in Doral is growing and has been ranked as the Best City in Florida for Business Start-Ups by Business Week and US News. Forbes has named Doral number two for America’s Top 25 towns to live for its pro-business, educated workforce, and cultural amenities. CNN Money ranked the community 51st in the Top 100 Places to Live and Launch a Business in the US, and Doral was ranked the Third Best Place in the USA to Retire by US News and World Report. The unemployment rate was under the national and state average in 2009 at 5.9%.

All of these factors combine to make Doral a great place to live for young and old alike. The economy provides jobs for working age adults, top rated schools for young families, and a safe and relaxed environment for retirees. With all that it has going for it, it is no wonder why the real estate values in Doral keep going up. 
Copyright 2012 Doral Riches. All rights reserved. 8180 NW 36 Street Suite 321. Doral, FL. 33166. Tel (305) 799-7437. Fax (786) 888-1487