Downtown Miami

Downtown Miami is the city's glittering urban center, shaped by a fantastic skyline best viewed from Biscayne Bay's waters and a diverse population that has come together in the city's financial powerhouse. People used to go to Downtown Miami only to work, but now it also provides plenty of opportunities for entertainment and recreation, schools above average, restaurants, coffee shops, and many leisure activities. The Downtown Miami real estate market benefited from the influx of new residents as well.

New skyscrapers glistened in the Florida sun, housing a diverse range of modern dwellings. These range in price from modest studios to luxury penthouses with floor-to-ceiling windows and breathtaking views of the Atlantic.

A movement is also underway to renovate Downtown Miami's existing apartment buildings, which will add more stock to the housing market. To date, the average sale price in Downtown Miami is around $575,000 per unit.