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The "Magic City" of Miami is located on the Miami River from the shores of Biscayne Bay to the edge of the Everglades in Miami-Dade County. The area, once inhabited by Tequesta Indians many many years ago, has evolved into a thriving economic hub and a cultural melting pot with an influx of people from all over the country and the world, especially from Latin America and the Caribbean.
Today, the city is headquarters for the Latin American operations of many multinational corporations including American Airlines, Exxon, FedEx, Sony, Microsoft and Disney. The Port of Miami, one of the busiest ports in the nation, is the main port of entry for cargo from South America and the Caribbean. The financial district along Brickell Avenue in downtown has the largest concentration of international banks in the county. It's no wonder that the real estate market is booming here and the city has become a world class destination.
Among the skyscrapers in downtown Miami, many new residential condominium developments with panoramic views of the city and Biscayne Bay are rising to the heights of the Bank of America Tower and beyond transforming the area into a live-work-play environment close to the beaches, Miami International Airport and Bayfront Park. One Miami, The Loft Downtown, Met I and III are some of the new developments. Icon Brickell, The Plaza at Brickell, Jade and a host of other projects are rising from the ground along Brickell Avenue and Brickell Key.
Along Biscayne Blvd near to the American Airlines Arena and the historic Freedom Tower where many Cuban refugees were processed in the 1960's and 1970's, the city is rapidly changing. Everglades on the Bay, 900 Biscayne, Marina Blue, Ten Museum Park and Paramount Bay are being privately developed while the city begins its sweeping changes to the boulevard with new palm tree lined center islands extending north of the downtown area past the new Miami Performing Arts Center.
The Design District has also seen many changes in recent years with many new lofts being built and in the Wynwood section of town near to Allapattah, Overtown and the mix of historic and architecturally inspiring homes in Little Haiti and Buena Vista is the planned 1.2 Billion commercial and residential development of Midtown Miami. What will this do to the home prices in this area?
Miami's residential neighborhoods contain many historical landmarks, parks, ethnic shops and restaurants lining streets like Calle Ocho in Little Havana and a very diverse population. The professionals at Ocean Crest Realty Group would be glad to help you explore these neighborhoods to find the perfect home, condominium or other real estate investment for you.
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