Miami Beach is a coastal resort city in Miami-Dade County, Florida, United States. It was incorporated on March 26, 1915. The municipality is located on a series of natural and man-made barrier islands between the Atlantic Ocean and Biscayne Bay. The neighborhood of South Beach, comprising the southernmost 2.5 square miles (6.5 km2) of Miami Beach, along with Downtown Miami and the port, collectively form the commercial center of South Florida. As of the 2010 census, Miami Beach had a total population of 87,779. It has been one of America’s pre-eminent beach resorts since the early 20th century. Not Anymore…
Millionaires from all over the world come to Miami and decide to stay a little bit longer. They fly into town in their private jets, using one of four South Florida private jet-landing airports, then book a suite at whatever happens to be the hotel of the moment, and perhaps rent a Lamborghini to drive around South Beach. Reported by Ocean Drive Magazine.
While in town, they realize that not only is the weather fabulous, the beach great, and the club scene exciting, but also that their favorite restaurants are now to be found in Miami, just as they are in New York or London. They can find the same stores that they do in Paris or Hong Kong as well as perhaps even some special items they can’t source elsewhere.
The ranks of the world’s ultra wealthy have decided to admit Miami to the list of their favorite cities. According to Forbes magazine, Miami is raking number 6 on the list. So, why not buy a condo—or two or three? And art and furniture? And a car that’s always gassed up and ready for you.
You can have it all at one place by selecting one of the most luxury condos ever seen, just steps away from the beach and the finest nightclubs and restaurants. Shopping in the Design District or Bal Harbour,whose stores generate more in sales per square foot than any other mall in the world. It also makes sense economically. Florida is the ultimate in tax-friendly states: no personal state income tax to pay.
For these reasons and more you want to call this place home.
ISG Magazine made an special research on the state of the South Florida market. Based on the speed at which the South Florida Market is evolving is breathtaking.
Examined new and pre-construction developments sub market by sub market, studied MLS trends, and have included (for the first time) an analysis of the rental market, which is playing such a big part in our economic growth.