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More than a Vacation Destination...

Miami is known for its tourism industry but it is also a main player in the international trade economy with the Caribbean and Latin America. Metro Miami’s diverse economy, global access, abundant talent, low costs of business and living, and vibrant quality of life are just a few of the reasons behind its stability. The market’s sheer size and diversity of housing stock offers tremendous opportunities to experienced and novice real estate investors.

 

The Miami market has experienced a huge surge in population and employment over the past several years, adding 75,231 new residents and 44,458 new jobs in 2015 alone. The construction, education, leisure and hospitality, health care, financial services, trade, transportation and utilities industries employ over a quarter of the current population of more than 6.0MM people.

  • 12TH Largest Economy
    Metro Miami is the 12th largest economy in the United States.
  • 8th Largest MSA
    Metro Miami is the 8th largest MSA in the United States.
  • 5 companies in the Fortune 500
    Metro Miami serves as the headquarters to 5 companies in the Fortune 500.

Market Data

All data provide by Bureau of Economic Analysis, Bureau of Labor Statistics, RentRange, and US Census Bureau. Market Data based on 3bd SFR

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