Known as ‘The Greater Miami’, is the fastest-growing area in South Florida and the second fastest-growing metropolitan area in all of America.
The magic city is known for its vibrant multicultural climate, majestic beaches, world-class restaurants, and nightlife to enjoy. Hosting a population of over 90,000 inhabitants according to the census conducted in the city in 2014, the Miami Beach area has a constant growth rate that, today, should be around 100,000 inhabitants. What’s interesting about this area of Miami is that 69.01% of the population are Hispanic or Latino, with Cubans being one of the most present groups, along with Venezuelans, Colombians, Brazilians, and Argentinians. This demonstrates its multiculturalism and the mix of Latin American races found in this vibrant community of South Florida.
On the other hand, you don’t have to worry about not speaking English, as most of the city’s residents and tourists speak Spanish, leaving a minimal percentage of people who only speak English without managing an additional language.”
The Stellar Economy of Miami Beach
The strong economic drivers of the city of Miami Beach are based on its commercial activity, which includes: Tourism, Gastronomy, Leisure and Entertainment sector, Education, Corporations, among many others… making it an important tourist destination for foreign visitors.
FDI Intelligence ranks Miami at #9 among the top future American cities and #3 in foreign direct investment strategy.
Furthermore, there are several factors in the city of Miami Beach that attract thousands of international real estate buyers to invest in the Magic City, such as:
The most famous beaches
They are the most well-known on the East Coast of the country and stretch from the north of Miami Beach to the end of South Beach, providing local and international visitors with many kilometers of beaches and tourism.
Along these kilometers of beaches, the TOP 3 best are:
- South Beach: The most famous beaches, such as Lummus Park and South Pointe Park.
- Bill Baggs, in the south of Key Biscayne. Perfect for a warm family plan, offering spaces for water sports.
- Haulover Beach, located between Sunny Isles Beach and Bal Harbour. It is known for being the only beach in Miami Beach where nudism is legal.
Lifestyle & Entertainment
The spectacular Miami Beach not only encompasses kilometers of white sand but also boasts an excellent collection of museums to visit and an interesting array of parks and events to enjoy.
Miami Beach Museums: TOP 5
- Wolfsonian: With a collection of over 7,000 objects from the eccentric Mitchell Wolfson.
- Britto Central Fine Art Gallery: Immerse yourself in the world and life of Romero Britto.
- Jewish Museum of Florida: Highlights the Jewish community that forms a large part of Miami.
- The Bass: Famous for its collection of contemporary art and painting!
- Art Déco Historic District: An outdoor museum in Miami Beach!
Miami Beach Parks: TOP 5
- South Pointe Park: puede realizar diferentes planes como: picnics, barbacoas, patinaje y mucho más
- Miami Beach Botanical Garden: Plan ideal para escapar de las playas y realizar actividades en medio de la naturaleza.
- Flamingo Park: Es el lugar perfecto para los amantes del deporte o familias que quieren un lugar para aprovechar las energías y salir de la rutina.
- Soundscape Park: Maravillosamente diseñado con lugares verdes y bancas para disfrutar días llenos de tranquilidad en familia o con su pareja.
- Wynwood Walls: Uno de los barrios más famosos preferidos por los turistas para capturar momentos al lado de los graffitis y murales.¡Un museo outdoor en Miami Beach!
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Top 10 Important Events in Miami Beach
- Miami Beach Polo World Cup: The largest polo tournament in the world.
- Art Déco Weekend Festival: An art exhibition event.
- South Beach Wine and Food Fest: A gastronomic and culinary event.
- Ultra Music Festival: Electronic music festival.
- Miami Beach Pride: LGBTQ Pride festival.
- Miami International Auto Show: One of the most important automotive events in the United States.
- eMERGE Americas: Leading technological event in the Americas.
- Art Basel Miami: The largest contemporary art fair in the world.
- Miami International Boat Show: One of the largest nautical events globally.
Fabulous Nightlife & Leisure of Miami Beach
‘The Greater Miami’ is highly known for its incredible nightlife in South Beach and the best restaurants, clubs, and bars in the Miami area. I invite you to discover the top places to enjoy the best of Miami Beach, one of the most famous neighborhoods preferred by tourists to capture moments next to graffiti and murals. An outdoor museum in Miami Beach!
Avenues and Areas: TOP 3
- Ocean Drive: one of the most beautiful and fun avenues in the city of Miami Beach. With various plans to enjoy day and night, accompanied by the best restaurants, bars, and terraces.
- Lincoln Road: in the heart of South Beach, is a spectacular pedestrian street filled with palm trees and busy terraces of different restaurants always full of people.
- Little Havana: for lovers of Cuban food along Calle Ocho, you will find hundreds of exquisite restaurants at affordable prices. One of the best areas to eat near the zone.
Educational Accessibility
The city of Miami Beach hosts top-tier A-rated schools, along with prestigious universities for studying in this pleasant area. Among the most sought-after are:
- Elementary: South Pointe Elementary School – Biscayne Beach Elementary School – North Beach Elementary School.
- Secondary: Rabbi Alexander Gross High School – Miami Beach Senior High – North Miami Senior High School.
- Universities: Miami-Dade College – Florida International University – The Wolfsonian-Florida International University. One of the most famous neighborhoods preferred by tourists for capturing moments next to graffiti and murals. An outdoor museum in Miami Beach!
Employability & Corporations
Thanks to its strengthened economic sector and strong tourism, the level of employment generated in Miami Beach is quite high. The coastal city can boast more than 45% of the job offers in the area, achieving with this figure more than 50,000 jobs generated over the last two years. Additionally, the average income per family is $33,440.
Miami Beach, in addition to hosting a very strengthened stellar economy, is the main home of many American and foreign companies that develop their commercial activity in Greater Miami. Among the most important are:
- University of Miami.
- Florida International University.
- SBA Communications.
- Microsoft.
- Royal Caribbean Group.
- The Breakers.
- Apple.
- Celebrity Cruises.
- American Express.
- Bank of America.
To conclude, Miami has become over the years the promised land for investments, both in real estate and other economic sectors. For this reason, numerous companies, executives, and foreign investors come to the city to establish themselves and grow their income portfolio with the world’s strongest currency, the dollar.
