Florida’s Gold Coast Miami

So you’ve decided to relocate to Florida. You’re not alone. The State of Florida continues to be one of America’s most desirable places to live and do business. It’s consequently become one of the country’s most sought moving destinations. Does that mean the state’s becoming too crowded to welcome new residents? Quite the contrary. In fact, Florida’s steadily increasing popularity has compelled officials to pretty much eliminate any barriers that could possibly stand between you and a beautiful new life.

In other words, the Sunshine State has put out the welcome mat. And more and more Americans are crossing the threshold. So many more in fact that in 2014 the state bypassed New York to become the nation’s third most populous. Most of that robust growth is concentrated along Florida’s coasts, which stretch for more miles than any of the other 48 contiguous states and comprise some of the most scenic beaches in the world.

One of those most growing and appealing areas is known as The Gold Coast. The Tri-County region anchoring the state’s Southeast is called the Gold Coast for one very simple reason — because everything you touch in the area turns to gold! The area consists of the counties of Miami-Dade, Broward and Palm Beach, which are respectively dominated by the cities of Miami, Fort Lauderdale and West Palm Beach. And while the three counties are generally ranked, rated and classified as a whole, each city and its satellite towns have their own distinctive character. And distinctive is indeed the appropriate designation, with all three counties vying to top each other in both worth and uniqueness.

Here Big Win Moving takes a good look at Miami, the city that lies at the southernmost tip of the state’s Gold Coast and lives by its singular mantra: Here The Good Life isn’t simply a given — it’s downright mandatory!

Downtown Miami

In Miami, that Good Life begins Downtown, which is as well known for its breathtaking and world-renowned skyline as it is for the two massive master-planned skyrise projects that bracket its core.

The first of those world class projects is Brickell City Centre, just south of the Miami River, which cores the same-named neighborhood. The five-block, $1 billion-plus mix of retail, hospitality, residential and commercial space boasts every top-shelf amenity a discerning patron could ask for, and as such has become a favorite for the nearby residents in the gleaming new towers of Echo Brickell, Brickell Flatiron and Panorama Tower, as well as guests of the SLS and SLS Lux.

The second mega-project is Miami Worldcenter, which is one of the country’s largest urban developments. Dominated by the sky-piercing Paramount Miami Residences, the 10-block MWC is, like BCC, a stunning mix of retail, hospitality, residential and commercial spaces.

Also like BCC, MWC was granted Special Area Plan zoning, and its seamless integration with the city’s infrastructure not only brought high-speed train service to Downtown, but it’s produced architectural wonders such as Virgin MiamiCentral Station. Both urban projects also happen to be the kind of highly-designed mixed-use milestones that attract a discerning clientele from all over the world, not to mention alter the landscape of a city in wondrous ways.

And lest you think the Downtown Miami bubble may soon burst, the Chicago-based Akara Partners just paid $18.85 million for a single acre of Miami Worldcenter land in order to construct the 38 story Kenect Miami. And get this: 25% of that land can’t even be used because it’s beneath a Metromover Station.

The sale is as much a testament to the shrewdness of MWC principals Arthur Falcone and Nitin Motwani, as it is to their vision. The developers’ $4 billion-plus marvel will soon also feature a 749-foot tall Signature Tower, which will join nearby instant landmarks such as the late starchitect Zaha Hadid’s inimitable One Thousand Museum. Add Herzog & de Meuron’s Perez Art Museum and Grimshaw Architects’ Frost Museum of Science in Maurice A. Ferré Park, Arquitectonica’s Biscayne Bayfront American Airlines Arena, and Royal Caribbean Cruises curvy new 350,000 square-foot PortMiami headquarters and you’ve a city center that rivals any in the world.

Miami’s  Islands & Beaches

Any talk of Miami must include the exclusive islands which bracket Miami Beach, which continue to attract some of the world’s most beyond affluent residents. Indeed, Star, Palm and Hibiscus Island home sales average $70K more than affluent Miami neighborhoods such as North Coconut Grove’s $100K median, while Fisher Island, which, says Bloomberg, continues to boast the nation’s wealthiest zip code, averages even higher.

Palm Island, like the islands of Star and Hibiscus, lies off the MacArthur Causeway, the southernmost thoroughfare linking Miami Beach to the Mainland. The gated island community is perhaps best known for being the winter home of Al Capone. And while celebrities continue to dwell on the island, they and their less than 400 neighbors prefer to keep a low profile. So too the similarly-sized Hibiscus Island, as well as the less than 100 residents who call Star Island home.

Fisher Island, which was once a single-family home of the Vanderbilts and counts U.S. Steel heir Edward Moore and former President Nixon on previous owner rolls, values its privacy even more. The island’s mansions, hotel, apartment buildings, observatory, and private marina are accessible only by boat, helicopter or ferry. That keeps its 467 residents, whose annual income averages a reported $2.5 million, completely free of pesky visitors.

Privacy and property values also keep pace farther up Miami Beach on La Gorce Island, where a quick Zillow read reveals eight figure price tags on the few available estates. Prices average likewise on neighboring Allison Island, which also includes the multi-million dollar summer condo community of Aqua.

Big Win in Miami 

Of course residences aren’t the only properties breaking records in Miami and its signature Beach. In addition to Downtown’s bustling skyscraper community, the islands’ lavish array of standalone homes and  the area’s surrounding master-planned communities, which says Forbes, “tend to hold their values relatively well regardless of the economy,” the area’s commercial real estate market continues to thrive. And that above-mentioned $18.85 million single acre sale price at Miami World Center is merely the tip of the proverbial ice berg!

That’s undoubtedly why Big Win has found ourselves helping more and more scores of executives and their families relocate to this southernmost stretch of the Gold Coast. It’s also undoubtedly why we’ve found more scores of companies seeking to expand to the area.

Indeed, reports Florida Trend, just under a thousand people are joining Florida’s 18+ million residents each and every day. And a significant portion of the newly-converted are choosing Miami. Why? Because Miami and its surrounding county has a significant and growing presence in many cutting-edge economy sectors, including Clean Energy, Life Sciences, Information Technology, Aviation and Aerospace and Homeland Security and Defense. In short, it has “the right talent, right facilities and right attitude keep the state’s innovation economy surging ahead.” And Big Win is right there ensuring our clients are part of that economic surge!

TOP MOVING COMPANY IN MIAMI

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Photo by Michael Louie on Unsplash