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The Miami Condo Market


The Miami Condo market - A booming city located in southeast Florida and flanked by Biscayne, the Atlantic Ocean, Miami River and the Everglades, is Florida's most populated metropolitan area.

Founded on July 28, 1896 Miami has become a major international hub with a population of over two million living in a combination of luxury Miami Condominiums, single family homes and rental properties.

The area is made up of 36 municipalities: Aventura, Bal Harbour, Coral Gables, Fairlawn, Flagami, Hialeah, Homestead, Islandia, Kendall , Key Biscayne, Medley, Miami Beach, Miami Lakes, Miami Shores, Miami Springs, North Bay Village, North Miami, North Miami Beach, Opa-Locka, Pinecrest, Sunny Isles, Sweetwater and West Miami.

Immigration from other countries and from other U.S. states has fueled the population growth of Miami and the subsequent Miami condo boom. Foreign Investment has for decades been an important factor in Miami real estate and the South Florida economy. A melting pot, Miami is highly influenced by its Hispanic immigrants and foreign business.

Referred to as the "Capital Of the Americas," the city is a international financial and cultural center. Located centrally between the Western U.S., New York, South and Central America, and Europe, the city is linked not only linguistically and culturally to major western cities, it is also geographically positioned as the hub of the western hemisphere.

The city has been honored by three naval vessels that have bared its name, including a Los Angeles class, nuclear attack submarine.

Before the current Miami condo and real estate explosion, and the founding of the city, the area had been inhabited for about 10,000 years. The most prevalent inhabitants were the Native American tribe called the Tequesta (the name for which three Miami condos are name on Brickell Key). Their empire stretched over most of southeast Florida. The Tequesta have all but vanished.

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