The Miami Condo Market

The name "Miami" comes from a Native American word for "sweet water" for the Miami River's funneling effect of water from the Everglades into the Atlantic Ocean. During the 1500s Ponce de Leon attempted to settle the area, but could not defeat the natives.

During the 1800's Miami was largely uninhabited. In 1857 the last Seminole war ended. The Seminole wars were the bloodiest of all conflicts between the U.S. and the Native Americans. The Seminoles are the only tribe to never officially surrender to, or sign a treaty with the U.S. Government.

Later in the same century (1870), Ohio natives William and Mary Brickell opened a small trading post and post office along the banks of the Miami River. This area later became know as "Millionaires Row" where large mansions were built. Later they gave way to the luxury Miami condos and towering office buildings which are the financial center of the Americas today, majestically overlooking Biscayne Bay and the Port of Miami.

In 1891, Julia Tuttle helped to spark the growth of Miami into a residence of the wealthy by convincing Henry Flagler, who made his fortune with Rockefeller in Oil, to expand his Florida East Coast Railroad to Miami. Henry seeking diversification, at the behest of Tuttle, realized that the climate in Miami allowed it to escape freezes and frosts that devastated crops in northern Florida, and allowed for crop growth in the dead of winter. He came to Miami and in one day decided to build his Railroad south to Miami.

During the twenties legalized gambling, and lax enforcement of prohibition caused a flood of immigrants from the northeast. A construction boom soon followed, not unlike the Miami codo phenomenon of today.

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