Miami Luxury Real Estate has long captivated homebuyers and investors from across the world, going all the way back over a century. But since the turn of the 21st century, and through the recession, this coveted market remains enduring and alluring.
In fact, it has never been a better time for the luxury property market. Across the country, and especially in global lifestyle hubs like South Florida, the threshold for lavish and luxurious accommodations continues to grow, as more and more properties push the limits of comfort and design brilliance like never before.
As The Associated Press recently reported, a strengthening U.S. dollar is precipitating this growing demand for luxury real estate, with the world’s rich and famous increasingly putting down as much as nine figures to acquire the best in residential living.
Last year saw five homes around the world selling for over $100 million, with a record 18 being listed at that level. The world also added 200 new billionaires, raising the number to over 1,600 (most of whom live in the U.S., China, and Russia).
Miami is well poised to appeal to this expanding demand for luxury homes. It hosts many of the country’s wealthiest communities, such as Indian Creek and Fisher Island, and has long been a haven of choice for celebrities, executives, and other high net worth individuals, owing to the vibrant lifestyle, gorgeous climate, and endless selection of lavish residences.
From palatial penthouses to exquisite waterfront estates, it is pretty clear that South Florida offers incredible opportunities for those who seek the biggest and greatest offerings in luxury real estate. As our name makes clear, SFL Luxury Realty is the leading specialist in all things South Florida luxury real estate.
Whether you are a buyer, seller, renter, or investor, we can help you find the best Miami Florida Real Estate Listings on the market. Contact 305.741.0407 or email admin@sflluxuryrealty.com.
Blog written by Ceiliah Epner
