All about Miami

Before deciding to invest in Miami, it's always good to know a little more about the city and the possibilities it offers. The Barnes team has put together a summary for you to know everything about Miami.

Let's start at the beginning: Miami is a US coastal city located in the state of Florida at the Miami River Estuary. It is a world-class financial and cultural center. With an agglomeration of more than 5,500,000 inhabitants, it is the 8th largest city in the United States.

Miami, a little history

It was the Tequesta Indians who first populated the shores of the Miami River, an Indian word meaning "fresh water". In 1513, Spanish conquistador Juan Ponce de León discovered Biscayne Bay, but it was not until the early 1800s that many European settlers settled in the area. Following the Second Seminole War (1835-1842), the civilian population was evacuated and it was not until the end of the conflict that William English founded the Village of Miami on the south bank of the river. A few years later, the village becomes the chief town of the county.

Julia Tuttle, a wealthy businesswoman, squeezes the potential of the region and decides to plant a large plantation of lemons. She will devote her life to the development of the city of Miami, supported by William Brickell. In 1896, they persuaded Henry Morrison Flagler to connect Miami to his railway line, the Florida East Coast Railway. It's also Flagler opening the first luxury hotel in Miami. The city then undergoes an important development, which is not only turned towards agriculture but also towards tourism.

In the 1920s, the city of Miami decided not to implement Prohibition, which earned it an impressive demographic boom, increasing its population from 30,000 to 200,000 people.

Miami, symbol of multiculturality

Miami is a very cosmopolitan city with residents from around the world, including from Latin America, to the point where the city adds Spanish and Creole to official languages, in addition to English. Miami is synonymous with diversity and it is also reflected in cultural life, for example the offer of restaurants where all the cuisines of the world are represented.

Miami, a way of life

As everyone knows, Miami is a city where life is good. The tropical climate has made Miami a city where the sun shines all year round. With hot, humid summers and mild, dry winters, Miami has seen lush tropical vegetation grow in every street and park in the city.

But the afternoons on the beaches of South Beach are not the only activities to do in Miami. The cultural life is dynamic and varied and a multitude of activities are available to you.

A dynamic economy

Miami first experienced a development based on agriculture, including citrus. The city then turned to tourism, thanks to its geographical position and its advantageous climate. It has become one of the favorite seaside resorts of the international jet-set.

The city has also opened up to international trade, particularly with Europe and Latin America, so much so that Miami is nicknamed the "Gateway of the Americas". The pharmaceutical, technological, chemical and fisheries sectors have developed, as has the financial sector. The port of Miami, which gives access to more than one hundred sea lanes, ranks in particular 1st worldwide for passenger cruises.

Miami or "the Magic City" is magical in that it offers an undeniable quality of life, while enjoying exceptional economic development. This is the perfect place to invest!

10 Predictions for 2018

As every year, BARNES 'goal is to anticipate the market to help its clients seize the best opportunities. So today we offer you our 10 predictions for 2018 regarding the real estate market in Miami. 

1 & #8211; Buyers from the Northeast of the United States will dominate the market

In the Miami real estate market, foreign investors are becoming increasingly rare. But this is offset by a new influx of buyers from the North East of the United States. Indeed, we receive many requests from New Yorkers looking for a second home under the sun of Miami, or even people seeking to relocate.

2 & #8211; The return of the Europeans

With a record value of the euro reaching $ 1.20 for the first time since 2014, Europeans are acquiring a very strong purchasing power in the United States. And the best way to secure a dollar investment is real estate!

3 & #8211; Bitcoin transactions

While the Bitcoin craze is still on its way, investors who have successfully bet on cryptocurrency are looking for ways to diversify their portfolios. Foreign investors sitting on mountains of volatile capital that they would like to "solidify in stone" could well turn the Miami real estate market into a paradise for their crypto-currencies. Indeed, the first real estate transaction in Bitcoin has been carried out in Miami and opportunities to buy Bitcoin are increasing.

4 & #8211; The housing market will remain stable, while the high-end will slow down

The Miami home market works in a totally different way than condos. In recent years, we have seen a steady rise in transactions in the home market. However, the market for high-end homes is declining as supply increases. This implies that buyers are no longer paying a high price for properties that are not perfect and that do not justify such a high square feet price. L & #8217; location and size no longer does it all!

5 & #8211; Neighborhoods continue to see their attractiveness grow

Neighborhoods such as Edgewater, North Beach or Downtown will continue to grow in value thanks to major commercial projects and new infrastructure that continues to grow.

6 & #8211; New neighborhoods to watch

Buyers will turn to new geographic areas that are still affordable and therefore offer attractive real estate opportunities. We think in particular of South Miami, the Roads or some areas of the Upper East Side.

7 & #8211; The Tax Reform will increase the number of transactions

After the Tax Reform reducing the income tax from 35% to 21%, many individuals will have new funds to invest. And many of them will choose real estate!

8 & #8211; Commercial real estate will peak

Commercial real estate and the so-called "Triple Net" or "NNN" opportunities will see their demand increase, while their interest rates stagnate. There are now many investment opportunities with leases ranging from 10 to 25 years whose net profitability (ranging from 5 to 10%) are guaranteed by the tenant's parent company.

9 & #8211; The boutique buildings continue their seduction business

Real estate developers will focus on buildings of smaller sizes than before. No more 60-storey buildings and 300 apartments, instead of more private and exclusive residences, often thought by the best architects in the world. These buildings are called "Boutique Buildings" with a small number of apartments.

10 & #8211; The big internet companies will bet on real estate

Ebay, Google or Facebook will all bet on the real estate market, through acquisitions and investments. The real estate market offers opportunities that are not denied.

BONUS: The economy and the real estate market will work well

The creation of employment peaks, the unemployment rate is at its lowest for 17 years, wages take off and companies invest at full speed, while corporate taxes fall dramatically. The political uncertainty will not slow down the global economy, which is starting again at full speed, leading to the real estate market.

Fasten your belts, 2018 promises to be a prosperous year!

+ 1 (305) 361 2233
[email protected]

Barnes Miami 
1150 SW 22nd Street
33129, Miami, Florida.

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Miami Beach sea view apartment for sale

Living in Miami Beach

Miami Beach is a 15-mile island in South Florida that sits between the bustling city of Miami to the west and the wide blue expanse of the Atlantic Ocean to the east. It's a friendly, laid-back city that also has a vibrant arts scene. Miami Beach welcomes tourists, snowbirds and permanent residents. Connected to the mainland by a series of bridges, it's a cosmopolitan paradise, with pristine beaches, year-round warm weather and the world's largest collection of art deco architecture – over 800 protected buildings, to be exact!

The urban, self-contained city of 90,000 is made up of a plethora of travelers from around the world, creating a cultural island that is home to more than 150 ethnicities – and an equally diverse housing market. There is a range of residential offerings of all sizes and prices, from luxurious mansions to beachfront condominium apartments.

A city demographically unique, the biggest consideration buyers face when buying property in Miami Beach is choosing the right location – because a difference of a few blocks can determine whether you're right in the middle of bustling nightlife or in a quieter, residential area.

Beachfront apartments in Miami Beach

If you want own a beachfront apartment in Miami Beach, we recommend that you explore the luxury condominiums in Miami Beach. Here are some tips for buying a Miami Beach oceanfront condo.

  1. Would you like to be located in a quiet area or live in a lively area where entertainment will be your priority?
  2. What are your favorite hobbies and activities? If you like boating, a condominium residence equipped with a landing stage and a quay would be adapted to your needs.
  3. Would you like to live in this property all year round, or will it be a holiday home? Some condominiums have been designed for vacationing owners in Miami.
  4. Would you like to have direct access to the beach?

The Miami real estate market has a lot to offer. However, there are many things to consider before making your final decision on buying an oceanfront apartment in Miami Beach.

Contact your BARNES real estate expert in Miami for a list of available properties in Miami Beach that meet your specific needs. Our real estate agents who are experts in the real estate market in Miami will carefully select the properties most appropriate to your needs and your budget.

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For sale | 2001 Meridian Ave #PH5 | A trendy loft just steps from South Beach

A modern and comfortable penthouse

The BARNES Miami team presents you today one of its new exclusive proposed listings Mehdi Mejjati, real estate consultant.

The place to be

Located at 2001 Meridian Ave, this apartment enjoys a perfect position: at the southernmost end of Bayshore and a stone's throw from South Beach, the neighborhood concentrating all possible activities to do in Miami. So, you'll enjoy the peace and security of a luxurious residential neighborhood while staying within steps of South Beach's bustling nightlife and world-famous nightlife.
The building is just across the street from a well-known 51-hectare golf course, the Miami Beach Golf Club, offering a lush green setting to admire from the balconies.

Meridian Condos, an ultra-modern luxury condominium

The building, Meridian Condos, offers quality services to its residents, including a doorman, a reserved parking space and a private pool. 

 

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A tastefully furnished loft

Discover this beautiful apartment with high ceilings and large bay windows opening onto balconies and panoramic views of the Miami skyline and the Miami Beach golf course. The natural light, which Miami does not miss, floods rooms to live spacious and decorated with taste.
The apartment has 2 bedrooms and 2 bathrooms, and a nice living room with a kitchen open to a lounge area and a dining-room. The total surface is 134 m². The apartment has been totally renovated and is offered furnished, for a price of $999,990.

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If you want to know more about this opportunity, do not hesitate to contact us!

+ 1 (305) 361 2233
[email protected]

Barnes Miami
1150 SW 22nd Street
33129, Miami, Florida.

We really appreciate your feedback and comments. To comment on this article, please send an email to [email protected]

For more information about our offers, visit our website www.barnes-miami.com 

Discover Miami differently with Barnes, Sobarnes.com

For sale | 4350 Sabal Palm Rd | Large house in the heart of Bay Point

The BARNES Miami team Introducing you today at 4350 Sabal Palm Rd, a rare property located in one of Miami's most exclusive neighborhoods.

Bay Point, welcome to paradise!

Buying a house in Bay Point is like settling in an oasis in the heart of the city. Only a few blocks from the glamorous Design District, this private and supervised community offers its residents an exclusive and safe lifestyle, surrounded by lush greenery. A few minutes from the Midtown Mall, vibrant Wynwood, Downtown and beaches, but also from renowned private schools (The Cushman School, Miami Contry Day, The French American School of Miami & #8230;)

4350 Sabal Palm Rd

 

4350 Sabal Palm Rd, Miami FL 33137

This vast Florida house of almost 500 m² is located on a large corner lot of almost 1500 m². It has recently been totally renovated, with quality finishes in 5 bedrooms and 5 bathrooms. The house also has a large office and a room that can be used as a gym or second living space, as well as a floor reserved for guests with a separate entrance. The large kitchen opens onto a patio overlooking an outdoor kitchen. The property also includes a large pool, and an outdoor lounge. the lush vegetation really makes this property a nice place.

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If you want to discover all the opportunities to seize in Miami and its surroundings, do not hesitate to contact our team of experts !

+ 1 (305) 361 2233
[email protected]

Barnes Miami
1150 SW 22nd Street
33129, Miami, Florida.

We really appreciate your feedback and comments. To comment on this article, please send an email to [email protected]

For more information about our offers, visit our website www.barnes-miami.com 

Discover Miami differently with Barnes, Sobarnes.com

Shops in Miami: BARNES opportunities of the moment

Commercial real estate in Miami: our selection

If like many French people dream of settling in Miami, here is an article that could interest you. To move to Miami, you still need to get your visa, which is not always easy. A possible solution to acquire this precious sesame may be the buying a business in Miami. Also, the Barnes Miami team now offers a selection of shops in Miami currently available for purchase.

George's on Sunset, restaurant in Coral Gables

George's on Sunset is a real institution in Miami! Located in the heart of Sunset Drive, this iconic, well-known restaurant is a turnkey investment with great potential. The 18-year lease, which is particularly advantageous, includes a liquor license and all the equipment and permits needed to run the business. George's recovery is eligible for an E2 or EB5 visa and the buyer can be accompanied by George for the first few months.

Price: $1,100,000

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Coffee shop in Hollywood

Here is a great opportunity to purchase a coffee shop located in an office building in the heart of Hollywood. This business, with no competitors in this building, has a solid track record and a loyal clientele. It is only open during office hours, which allows the buyer a certain flexibility in his schedule.

Price: $250,000

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Mattress Firm Store in Fort Myers

An opportunity not to be missed ! NN opportunities (are rare then hurry!) This offer includes a lease at least until 2019 and renewable twice five years, and a capitalization rate of 6.3% .The current tenant is Mattress Firm, the company It is located in Fort Myers, the nerve center of the region.

Price: $1,325,000

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"Ice Palace" entertainment area in Downtown Miami

This is an opportunity to invest in an entertainment area of over 3716 sqm divisible. The Ice Palace is the new name of the old Karu & Y which still has two commercial kitchens, a fully equipped nightclub, a dance license until 5am, a license of alcohol. The lease is for five years, with renewal options.

Price: $18,000 / month

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Night club in Miami Beach

Formerly "Bamboo Club", the Paris Theater is a 2317 m² entertainment area located in one of Miami's best-known nightlife districts, just steps from Washington Avenue. It can accommodate up to 1200 people, following a renovation that cost $7000000. The liquor license and event.

Price: $23,000,000

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If you are interested in any of these business opportunities in Miami or if you would like to know more about other opportunities in Miami, do not hesitate to contact our team of experts:

+ 1 (305) 361 2233
[email protected]

Barnes Miami
1150 SW 22nd Street
33129, Miami, Florida.

We really appreciate your feedback and comments. To comment on this article, please send an email to [email protected]

For more information about our offers, visit our website www.barnes-miami.com 

Discover Miami differently with Barnes, Sobarnes.com

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