Miami, Florida is considered one of the most important and famous cities in the world of investments and known for the pleasures that its destination beaches leave us.
Meet the best areas to live and invest in Miami Florida that Reemag Magazine has compiled of this paradisiacal city.
Sunny Isles Beach
The splendid city of Sunny Isles Beach, located in the northwest of Miami-Dade County between the exclusive Golden Beach and Haulover Beach, is also known as the city of sun and sea thanks to the natural beauty of being bordered by the Atlantic Ocean. It is currently undergoing a restructuring in its image, thanks to the great construction activity that is taking place, which is strengthening as one of the luxury destinations, also contrasts the classic small hotels of the 50s with the new and luxurious residential developments of the hand of world-renowned architects and designers. Sunny Isles Beach is located near the equally important cities of Fort Lauderdale, Bal Harbour, Aventura and Miami Beach.
No wonder it was the location chosen by some of the world-renowned brands to build their high-end buildings in partnership with local developers. This is the case of Porsche Design Tower, Armani Residences and Ritz Carlton Sunny Isles. The exclusivity of the neighborhood raises the average price of real estate. However, it is still possible to find affordable options compared to other luxury areas in Miami, such as Fisher Island and Miami Beach.
Sunny Isles is a predominantly residential and peaceful community, ranked as one of the safest cities in Florida. Despite the many new condominiums it received in recent years, it was able to preserve its elegance and reserved atmosphere. Its beaches are among the most beautiful in Florida, a characteristic that gave the island the title of "Florida Riviera". Sunny Isles also offers one of the best public schools in Miami. Bordering Aventura and Bal Harbour, it offers the convenience of being close to two of Miami's best shopping centers: Aventura Mall and Bal Harbour Shops.
Bal Harbour
South of Sunny Isles, following Collins Avenue, is the Bal Harbour neighborhood. Home to luxury resorts and white sandy beaches, Bal Harbour is a quiet and luxurious enclave.
Bal Harbour Miami is the ideal place for those seeking exclusivity and quality of life. Like other exclusive neighborhoods in Miami, Bal Harbour also attracts the attention of celebrities and millionaires from all over the world who are looking for homes and apartments to buy in Miami. The great advantage of this community is that, in addition to being reserved and exclusive, the prices of the units in its luxury condominiums are more attractive than other more contested areas, such as Miami Beach and Fisher Island.
Bal Harbour and Bay Harbour Island together offer a combination of real estate options. Despite the exclusivity of the region, it is possible to find properties in Bal Harbour starting at $300,000. Of course, the condos closer to the beach are more expensive, but even cheaper than other luxury locations in Miami. On Bay Harbor Island, in addition to buildings, you can also find several options in single-family homes.
While maintaining the exclusive and elegant features found in Sunny Isles, such as a residential setting and beautiful beaches, Bal Harbour brings a difference: it is at the north end of Miami Beach. A few minutes' drive and you cross the barrier between tranquil ambiance and excitement. Bal Harbour is also known for housing one of the most luxurious shopping centers in the world, Bal Harbour Shops. With so many designer stores and people from all over the world shopping there, the mall was once considered the most productive mall in the world in terms of revenue per square foot.
Adjacent to Bal Harbour is Bay Harbour Island. Together, the two communities offer a mix of real estate options, from single-family homes to luxury condominiums.
Brickell
Brickell is the city's financial center, where gleaming business towers and luxury condominiums tower over Biscayne Bay. Rooftop bars and surf 'n' turf grills cater to the banking and business crowd, while art galleries and trendy boutiques in downtown Brickell attract stylish locals. The Brickell Avenue Bridge spans the Miami River and overlooks the Miami Circle waterfront park and archaeological site.
However, in recent years Brickell has undergone a true urban revolution, attracting young people and families to live in the region and enjoy all the urban and trendy atmosphere Miami has to offer. The number of stores, restaurants, bars and cafes that have sprung up in the community over the last 10 years has made Brickell one of the most sought after places to invest or live in Miami.
Brickell's central location puts it in the heart of Miami, close to everything the city has to offer.
Brickell is a neighborhood for those who enjoy urban living and offers excellent apartment options at affordable prices.
Edgewater
Edgewater is an up-and-coming neighborhood in Miami, Florida, ideally situated on the bayfront between downtown Miami and the coveted Design District. Although Edgewater is commonly grouped with the Arts District, Wynwood, Midtown and the Design District, Edgewater is a distinct neighborhood in Miami that is roughly bounded by NE 17th Terrace to the south, I-195 (Julia Tuttle Causeway) to the north, NE 2nd Avenue to the west and Biscayne Bay to the east.
Located north of Downtown Miami, next to Omni, Wynwood and Midtown, it is composed of a group of no more than 20 streets with an estimated population of approximately 20,000 inhabitants, it is practically twin brother of its neighbor Wynwood with the interesting feature of the skyscrapers, and in recent years its image has undergone major changes thanks to the modern buildings that are being developed here, All this hand in hand with the reactivation of the area due to the strong artistic movement that is felt there by the proximity to Midtown Miami and Miami Design District, not to mention that being on the edge of the bay makes it even more charming, making Edgewater an area of great interest to domestic and foreign investors who project in this neighborhood next to Wynwood to be an extension of the financial district.
Edgewater is now home to many new construction condominium developments offering luxury residences, resort-style amenities and sweeping views of Biscayne Bay. Some of the new condo projects include Elysee, Biscayne Beach, Missoni Baia, Paraiso Bay and Aria on the Bay.
The new condos in Edgewater are concentrated, close to the bay, taking advantage of the beautiful water views. In the central part, to the east, historic homes are preserved and contrast with the modern skyline of the new condos, giving Edgewater a picturesque feel, where modern and classic coexist.
Edgwater is also known as a pedestrian friendly neighborhood, with good pedestrian accessibility. There is no shortage of parks and green spaces to enhance the quality of life for its residents.
Key Biscayne
Key Biscayne is considered one of the best places to live in Florida, according to and also the third safest city in Florida. The low unemployment rate, low crime and high average income of its residents are some of the factors that place the island at the top of the ranking. The environment is so calm and safe that locals use golf carts to get around. Residents don't have to leave the island for anything. There you will find restaurants, supermarkets, health clinics, good schools, beautiful beaches, parks, golf courses and tourist attractions. And, if you want to have a little fun, Miami Beach is right next door, practically a bridge away.
Of course, the average price of real estate is also quite exclusive.
Key Biscayne, with a population of less than 20,000 inhabitants is an island with the soul of a village, it is one of those perfect places to live as a family and raise children in a quiet environment, which is why when you cross the first bridge, leaving behind the noise and traffic of the city, you will be in the safest area of Miami.
The economy of the area is based on tourism and an exclusive real estate market. From mangroves, tropical reefs, lush beaches, ocean access, fine dining, shopping, spas and resorts; Key Biscayne hosts the best of life's pleasures in one place.
The island's public services are top-notch starting with the public library, community center, emergency departments, schools, health centers and recreational parks.
A myriad of activities make Key Biscayne the center of attraction several times a year, the 4th most important tennis tournament in the world, the Miami Open, the boat show, art fairs and the annual Miami Marathon also passes through the island; Key Biscayne is witness of luxury games at the Crandon Golf Course, the beach is one of the best in the state of Florida and is where you can practice all kinds of water sports and the cycling circuit between Virginia Key and Key Biscayne is recognized as one of the best nationally for the practice of this sport.
Location
In addition to the tours in Key Biscayne, the visitor can have fun at any time in modern Miami, since the island is only 15 minutes away from downtown.
Its connection with Miami is through the Rickenbacker Causeway Bridge, which is 6 kilometers long. The bridge that crosses to Key Biscayne can be considered an additional attraction, as it is a beautiful sight. During the trip, the traveler has the opportunity to travel by car over the sea and still enjoy the extraordinary view of the region.
Aventura
Aventura is located north of downtown, near the upscale and elegant neighborhoods of Sunny Isles Beach and Bal Harbour, which offer beautiful beaches. The neighborhood is also close to the city's two main airports: 1 - Fort Lauderdale International Airport (20 minutes) and 2 - Miami International Airport (30 minutes). And for those who want to enjoy the hustle and bustle of Downtown and other more central neighborhoods, such as Brickell, for example, it is only a 35-minute drive away. Living in Aventura or having a vacation home in the neighborhood means being able to enjoy all that Miami has to offer in a super nice and quiet environment.
Being further north, the region is close to Fort Lauderdale and the famous Sawgrass Mills outlet, the largest outlet in the world.
Aventura is surrounded by lush nature, with beaches and parks, and at the same time has an excellent urban infrastructure. The neighborhood is extremely complete in terms of leisure options, shopping, restaurants, public parks, waterways, supermarkets, as well as being close to beautiful beaches.
The region is served by canals that guarantee fun boat rides and water sports, in addition to golf courses, shopping malls, such as the famous Aventura Shopping, considered the largest mall in Florida and the second largest in the United States, with more than 300 stores.
The city has a series of characteristics that make it one of the best neighborhoods to buy homes in Miami.
Aventura is a predominantly residential community, ideal for families. The city borders Sunny Isles Beach, allowing residents to enjoy the island's beautiful beaches.