2024's Top 12 Beach House Buying Spots

Imagine waking up in a beach house, breathing in salty air as you sip your morning coffee. There�s plenty of room for the whole family to stay together, and no need to worry about how to cook your meals, find beach access, or enjoy some much-needed privacy. Here are the 12 best beach towns to buy in for 2024. How We Chose the Best Places When choosing the perfect beach house, several key factors should be considered. The location is crucial, with places like Florida offering sunshine and coastal towns such as Panama City Beach, Santa Rosa, Ocean City, Long Key, and Cocoa Beach. The high demand for vacation rentals in Florida is evidenced by over 120 million visitors in 2018. Ontario, Canada, is another appealing location, welcoming 20 million visitors annually. Outdoor adventures like beach volleyball, skiing, and mountain biking add to the area's allure. When considering beach house investments, it's essential to evaluate the return on investment (ROI) and rental income potential. Researching local real estate trends and demand, as well as evaluating the area's growth prospects and lifestyle offerings, can help you make an informed decision. Ultimately, the best beach house is where the sun, sand, and sea meet your dreams. 1: Hampton, VA With a median listing price of $264,093, Hampton offers strong revenue potential for beach house owners. Top performers have made up to $55,000 annually, out-earning nearby Virginia Beach competitors. Look for homes with three to five bedrooms and beach amenities like chairs and umbrellas for guest convenience. 2: Port Saint Lucie, FL Port Saint Lucie offers a strong cap rate and median annual revenue of over $40,000 for beach house owners. Consider riverfront options and homes near golf courses. Check for additional permit requirements in this area. 3: Newport, OR Newport�s market median revenue has increased more than listing prices, making it a great time to invest. Look for homes with ocean views and luxurious outdoor amenities like hot tubs and fire pits. 4: Grand Haven, MI Set on the shores of Lake Michigan, Grand Haven offers a unique beach house buy. Look for vacation rentals on the shoreline within striking distance of downtown. Consider nearby Muskegon as a comparable rental performance option. 5: Gulf Shores, AL Gulf Shores offers warm waters, Southern-style seafood, and family-friendly attractions. Some Evolve owners more than double the median rental revenue in this area. Look for beachfront condos with ocean-view balconies and community perks like pool access. 6: Hilton Head, SC Hilton Head�s stunning landscapes and world-class golf courses make it a top beach destination. Look for condos in beachfront communities with oceanfront views and resort-style amenities. 7: Ocean Shores, WA Ocean Shores offers vacation rental options with high performance potential. Look for homes with amenities that are popular with guests, such as hot tubs, game rooms, and pet-friendliness. 8: Seabrook Island, SC Seabrook Island offers a secluded community with natural beauty and world-class amenities. Look for homes in luxury communities with resort-style amenities within walking distance to the beach. 9: Rockaway Beach, OR Rockaway Beach offers stunning mountain or bay views that can attract guests and offset costs. Look for homes with perks like hot tubs, game rooms, and pet-friendliness. 10: Bonita Springs, FL Bonita Springs offers white-sand beaches and mangrove-lined waterways. Look for shoreline condos with beach club access and beach gear to attract guests. 11: Galveston, TX Galveston offers a buzzing island city with no shortage of things to do. Look for vacation rentals in areas with steady bookings and consistent demand. 12: Dauphin Island, AL Dauphin Island offers a quiet retreat with astonishing biodiversity and mesmerizing views. Look for beachfront properties with private decks and amenities like outdoor showers or kayaks. Summary: Investing in a beach house can be a lucrative opportunity, especially in the 12 best places to buy listed above. Consider the location, rental performance metrics, and potential return on investment when making your decision. Whether you�re a seasoned player or a first-timer, now is the time to make a beach house investment. Investing in a beach house not only offers potential financial benefits but also contributes to mental and physical well-being, with the soothing sound of waves providing tranquillity and stress relief.