Learn more about Downtown
The true heart of the Magic City, Downtown Miami is the epitome of growth, culture and South Florida urban living. With construction growing at a rate of over 65% since 2010, Downtown Miami has surpassed even L.A. and San Francisco in terms of growth. While not all growth is residential, the options for premium living in the Downtown core are plentiful. And with gorgeous city and water views, the central location in Miami’s International Business hub and many of the area’s newest and hottest restaurants, bars and entertainment options, it is easy to see how Downtown Miami has become the choice for young professionals or anyone who wants the benefits of the city just a short ride from the beach.
Downtown Miami’s population has doubled over the last decade and shows no signs of stopping. With a good selection of property types here, whether you are searching for a single-family home in Miami’s famous art deco style or luxury condo, there is sure to be something to fit your taste and budget. The neighborhood’s easily walkable streets, convenient transportation options such as the Metrorail, proximity to the Miami Art Museum, American Airlines Arena, Bayside Marketplace and lots of parks and green spaces offer an abundance of modern conveniences. Renters rule the market here though there are plenty of options to buy as well making investing in Downtown Miami an attractive option.
Welcome to the gorgeous area of Downtown! As of the latest US census, around 435,760 call this area home and around 27% are homeowners. With an average age of 40, the residents of Downtown are well established, with many growing families of all ages. However, during weekends and holidays, you can see a lot more activity and excitement. Over the recent months roughly 3,279 homes have been sold with an average sold price of $571,419. That is a decrease of $2,713 from the previous period.
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