Miami Beach Luxury Real Estate Investing

Miami Beach is known for its glittering night life, sun soaked days, shopping, cuisine, entertainment and culture, gorgeous beaches, recreational opportunities and dozens of other great reasons. It is one of the most visited areas in the state, and because of this many people choose to invest in Miami Beach luxury real estate, either as a primary residence, second home or rental property.

Even in today’s wavering markets, Miami Beach real estate is thriving. Many of the area’s old, outdated and unpopular hotels are being replaced with large and luxurious condominiums. Some of the more popular ones are W South Beach, Continuum South Beach, Continuum II North Tower, Setai South Beach, etc

Many of these buildings provide resort-style living year round to their inhabitants, and the amenities generally include gourmet restaurants, professionally staffed spas, high-tech gyms and fitness rooms, concierge and housekeeping services and valet parking, among others.

One of the most exclusive sections of the area is actually a separate island from the main island on which Miami Beach is located. Fisher Island began as the result of dredging that created the island in 1905. The first construction occurred in 1919 and up until the 1980′s was the home to a few select wealthy individuals.

The city itself pours millions of tax dollars back into improving living conditions and services throughout the entire Miami Beach area, which only adds to the all ready high value of Miami Beach luxury real estate.

Another desirable neighborhood that is also a separate island is Star Island. Also home to many celebrities such as Shaquille O’Neal, Madonna, Will Smith, and Gloria Estefan. Star Island has cachet because of the many celebrity owners and multi-million dollar luxury homes. Access to the island is only via the guard house entrance. Another secured Miami Beach enclave is Palm Island. Like Palm Island, it has a secured entrance and offers luxury homes for the upper middle class and rich.

When you are talking about Miami luxury real estate, the combination of safe neighborhoods, high-end luxury residences, white sand beaches, world-class shopping and celebrity filled clubs, Miami South Beach is like no other place.

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