CORAL GABLES
South Miami hosts a movie neighborhood, Coral Gables, also called “the City Beautiful,” a place where everything looks perfect: the houses are huge mansions surrounded by meticulous gardens and the streets have no trace of rubbish. Mediterranean style architecture predominates, although in some streets you can find colonial, French or Italian style buildings.
The acceleration of the economy, the flow of the labor market, business tourism as well as the typology
of people and / or young generation that currently represents the workforce of South Miami has had a huge impact on the real estate sector as it is increasingly recurrent rental housing income in the short and medium term.
This movement or redistribution of the population and the Real Estate business has boosted investment in areas such as Coral Gables as a potential investment focus.
The acceleration of the economy, the flow of the labor market, business tourism as well as the typology
of people and / or young generation that currently represents the workforce of South Miami has had a huge impact on the real estate sector as it is increasingly recurrent rental housing income in the short and medium term.
This movement or redistribution of the population and the Real Estate business has boosted investment in areas such as Coral Gables as a potential investment focus.
INTERNATIONAL TRADE & ENTERTAINMENT.
Miami is considered a world city for its importance in the areas of finance, business, international trade and entertainment.
In addition to being a tourist and business destination, Miami and cities around have a wide offer in the field of higher education, with emblematic universities, a wide portfolio of tourist activities or entertainment and shopping centers.
In addition to being a tourist and business destination, Miami and cities around have a wide offer in the field of higher education, with emblematic universities, a wide portfolio of tourist activities or entertainment and shopping centers.
SOUTH FLORIDA OFFER
Coral Gables and Miami are the destiny of world business. A thriving economy, strong business sectors, instant connectivity, broad social and cultural offerings and an active and vibrant residential community come together to create a cosmopolitan city.
Companies strategically choose Miami as part of the city’s core: A tropical paradise on the coast where worlds meet, entrepreneurs meet, and the Americas unite.
Companies strategically choose Miami as part of the city’s core: A tropical paradise on the coast where worlds meet, entrepreneurs meet, and the Americas unite.
One of the indicators that show Coral Gables’ active economy are the statistics of high-end real estate, since the city has the highest concentration of offices and a growing demand for retail business premises, which consolidates it as a world-wide purchase destination.
CORAL GABLES OUTLOOK
MAIN STATISTICS FLORIDA & U.S. MARKET
- South Florida Cap Rates remain steady and strong between 4.25 and 6%.
- Vacancy rates in Miami are below the national (4.5%).
- Vacancy Rates have fallen for five full years pushing up rents.
- Vacancy rates in Miami are below the national (4.5%).
- Vacancy Rates have fallen for five full years pushing up rents.
ECONOMIC FOCUS
South Florida is considered a world city due to its importance in the fields of finance, business, international trade and entertainment.
