The Miami Beach neighborhood is made up from a large island and mini islands that are situated off the Miami mainland. This neighborhood stretches North to South from 1st street up to approximately 87th street and east to west from the Atlantic Ocean to Biscayne Bay. The real estate that makes up the Miami Beach condos for sale area is vast.
In Miami Beach, there are high rise condominiums, low rise condominiums, high rise glass mansions and more.
When the media and other real estate statistics group all of Miami real estate into one big lump, unfortunately the numbers don’t really tell the entire truth. Miami Beach Real Estate and Miami Real Estate are two different markets.
The Miami Beach real estate market consists of neighborhoods like South Beach, Mid Beach, Millionaires row and South of Fifth. Miami Beach Real Estate has many different “niche” areas and within each of these “niche” areas are buildings. These individual buildings have their own culture, philosophy and way of running. It’s important to buy into a building where you agree with their business style.
What’s most important to understand is that although Miami Beach is a local residence for many, it is also a second and third home for many wealthy locals and International business people. Due to its location, culture and style, it is a very desirable place for people to buy second homes as well as invest their money. Our real estate market although local, is not always driven by “locals”, many of our buyers are from wealthy countries and they have no problem paying cash for a multimillion dollar properties on the ocean.
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