Special Report

This Is the Best Place in America to Own a Beach House

Source: SeanPavonePhoto / iStock via Getty Images

5. Daytona Beach, Fla.
> Cap rate: 6.5%
> Median sales price: $247,960

Source: Chris Graythen / Getty Images

4. Navarre Beach, Fla.
> Cap rate: 6.6%
> Median sales price: $382,392

3. New Buffalo, Mich.
> Cap rate: 6.6%
> Median sales price: $569,873

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2. Corolla, N.C.
> Cap rate: 9.5%
> Median sales price: $608,953

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1. Gulf Shores, Ala.
> Cap rate: 10.2%
> Median sales price: $402,905

Sponsored: Tips for Investing

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