What is Real Estate in Sunny isles Beach Florida

Since it`s founding in 1920, Sunny isles has been a paradise for contractors  that come from all over the country to invest in The American Riviera named that way by private investor  Harvey Baker Graves, who bought the land to develop as a tourist Resort.

Sunny Isles Beach had  it`s  major redevelopment in the beginning of  2000’s  with mostly luxury high-rise condominiums and some hotels under construction along the beach side of Collins Avenue.

As we get close to the end of the year, we need to talk about what a great year  was  for real estate  and  more precisely the  booming sensation  of this industry in the beautiful  sunny isles beach in south Florida, where the developers have invested  heavily  in  the  construction of resorts  and condominiums, taking advantage of the blessed location of the city.

An example of this is the inauguration in 2017  of the Porsche Design Tower which cost about $560 million to build is an exclusive condo with 60 floors and it`s  one of the Tallest of Sunny isles beach. With  284 parking spaces for 132 units allowing unit owners to park two or four cars right outside their unit, each range from $4 million to $32 million while  four more are   in the making.

The city has seen an incredible grow in it`s population thanks to the real estate business.

This year the investments  in real estate exceed the billion dollars,  and with  new resorts and condominiums  under construction to be opened next year and with  many developers licensing the Donald Trump name  for their buildings for promotional reasons , we can say without a doubt that 2018 will be an even more exciting year for real estate.

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