Why Florida?


South Florida?

From its pristine beaches and idyllic weather to its energetic nightlife, budding tourism scene and abundant family-friendly activities, it is no wonder residents are flocking to South Florida. The region is one of the most sought-after markets for the latest and greatest in luxury real estate. More in demand than ever before, South Florida is a premier market for investors. The region’s residential and commercial markets continue to boom with no signs of slowing down thanks to the strong desire to live and work in this heavily populated region.

Why Build in South Florida?

  • South Florida is home to residents of the tri-county area, which includes Miami-Dade, Broward and Palm Beach counties, and has a population of over 6.1 million people
  • South Florida’s population continues to grow, with nearly 1,000 people moving to the region each day.
  • South Florida has been experiencing higher numbers of visitors than ever before. In 2021, 24.2 million visitors traveled to the region.
  • Visitor spending is also increasing. In 2021, visitors spent an estimated $19.2 billion, which was an 8 percent increase over 2019.
  • South Florida is often referred to as the South’s next big tech hub and Wall Street South thanks to major companies expanding their firms from the Northeast and West Coast.
  • South Florida is ranked as one of the world’s top markets for luxury homes.
  • There is a need for more residential developments in South Florida as real estate inventory continues to dwindle amid a red-hot market. As of 2022, there are now 31 potential renters competing for every vacant apartment in Miami-Dade, and in Broward County, there are 19 renters competing for each vacant unit. The national average is 14 renters per vacant unit.

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