Why are houses in South Florida so cheap?

You are probably looking at older houses, not new construction or luxury segment. * Lingering effect of foreclosed home inventory. In the mid and lower end market, prices have still not recovered. read more

Jobs in Florida generally pay very little. Cost of living (in many areas of FL) is low. Cost of homes used to be “low” and now many homes are “practically free” due to the amount of foreclosures. read more

In other words 10 miles from the beach might sound good but WHERE 10 miles from the beach. Don't know about what you are looking at and/or where in Florida but the location in Florida is important and the neighborhood in Florida is also important. read more