Investing in a second property near the beach doesn’t have to cost a fortune. But adding together low median home prices and crime, moderate climates and good air quality can take more time than most have — so RealtyTrac did it for you, with its list of bargain beach towns in 15 coastal states.
- Daren Blomquist of RealtyTrac says investment properties near the water can save on vacation expenses and generate rental income throughout unoccupied months.
- Mastic Beach on Long Island has mild summer temps (67 degrees) and a median home price of less than $100,000.
- South of San Antonio, Port Aransas was ranked the top affordable beach town in Texas with a median price of $304,570.
- In Fort Bragg, California, the median home price is $310,000 – 144 percent higher since 2006.