The secret is out when it comes to Southwest Florida, in particular investing in Marco Island. The location just ranked near the top when it comes to the best places to invest in rental properties.
According to Vacasa, a vacation home rental management company, Florida easily dominates the list of top ranking vacation home communities. More than one-third of its highest-ranking communities are in Florida, with Marco Island coming in at number 12 on the list.
Vacasa came up with its list based on a rental market’s capitalization rate. That’s the rate of return on a property based off the income it’s expected to make. In other words, Vacasa ranks the top markets where it’s likely to get the largest return on your investment.
The sun has set on a controversial merger that would have joined the Marco Island Area Association of Realtors (MIAAOR)with the Naples Area Board of Realtors (NABOR) . MIAAOR board members recently received an email proclaiming a proposed merger between the two organizations is no longer in the works.
If the merger had gone through, members would have had access to a single MLS system, including more than 18,000 listings. As for future home sellers and homebuyers, it could also have meant increased exposure on the market.
Reportedly the MIAAOR’s current board of directors voted to terminate the merger, but left it open that future board members could always make a different decision down the road. The MIAAOR president previously backed the
Graphic: National Council For Home Safety & Security
A great place to live and to visit, it seems that Marco Island also holds the distinction of being one of the State of Florida’s safest places. According to a group of home security professionals from across the nation, Marco Island comes in at number one when it comes to safe communities across the Sunshine State.
Together these professionals form the National Council for Home Safety and Security, which just released a report designating the “Safest Cities in Florida for 2018”. The ranking took into account safety-related issues such as the number of property crimes, reported violent crimes and the number of motor vehicle thefts per population. The most serious crimes were weighted higher than…