Did you know that the first suntan lotion was invented by a Miami Beach pharmacist all the way back in 1944? Along with being the 42nd largest city proper in the United States, Miami is a top tourist destination and has one of the hottest real estate markets in the country. With that said, for new investors real estate in Miami represents a unique, and top-quality opportunity.
South Beach as a whole is a major entertainment destination with hundreds of nightclubs, restaurants, boutiques, and hotels. As such, there are throngs of tourists flocking to Miami on a regular basis. These tourists sometimes prefer to stay in beach homes or rental properties, and often they look through beach real estate listings as well.
Downtown Miami and South Florida are home to the largest concentration of international banks in America as well as many large national and international companies. For real estate investors, the business opportunities in the city of Miami are attractive, not only because of the possibility to live and work in the area, but to rent the properties out to others who might work or vacation in the area.
Overall, Miami Beach represents one of the opportunities to make the best real estate investments. Especially for new investors real estate in Miami is one of the best places to start. There is almost always demand for lodging, both temporary and permanent, in Miami, and being able to supply shelter is a commodity that is rather valuable. More.