MIAMI'S LIFESTYLE DRIVEN REAL ESTATE BOOM
Brickell CityCentre and Sunset Harbour Shops
Today's buyers are far more interested in purchasing a lifestyle then getting caught up in the physical attributes of a home. Walk ability and close proximity to shopping, dining, art, culture, kid friendliness, pet ease, and water access are amongst the lifestyle "location" attributes ranking high amongst current buyers.
The burgeoning Downtown Miami's urban neighborhoods like Brickell, Midtown, and the evolving Edgewater are attracting residents at a remarkable pace. Easy access to a wide selection of hip eateries, shops, art, entertainment, parks, and international business attribute to the 270+% increase in population over the past 5 years according to census data.
One Thousand Museum, Park West, Art and Science Museum
Although Miami is beginning to look like Manhattan, the sophisticated Downtown Miami's New Developments like 1000 Museum, SLS LUX, and Echo are considerably less per SF then NYC 's notable residences further attributing to its growth.
Exclusive Single family home communities like the Sunset Islands 3 and 4 have also risen in demand and value due to walk ability and easy access to the new Sunset Harbour shopping and dining neighborhood and the popular Lincoln Road.