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An Office in Miami is not just an office

900-Biscayne-Blvd-Miami-FL-large-002-DSC-5480-1500x1000-72dpi

900 Biscayne Blvd Miami FL-large-002-DSC 5480-1500x1000-72dpi

An office in Miami is not just an office

An office in Miami is becoming the goal of many US and international companies and the market is responding with luxury and state of the art options to fill the gap. Different factors make Miami a desirable destination for both a main headquarter or a branch office for both large and small companies. Miami, which has traditionally been the “retirement dream” for CEOs and professionals is now the “work and play” new dream. Tax advantages, eternal summers and a lifestyle that includes week-ends at the beach, culture, fancy restaurants and an exhuberant display of wealth are changing the way companies look at the idea of an office in Miami. The expansion of both Miami and Fort Lauderdale airports and the increase in flights make it easier to connect domestically and internationally, and of course, if your company does business with Latin America there is no question about it, an office in Miami is a must.

The office market is reacting to the ultra luxury residential trend and its new exclusive type of residents and we are seeing a need for state of the art, new and enhanced “A” offices. Prices are still extremely competitive with what you see in other important cities. Take for example this full floor (12,000 ft)  of offices available for sale or rent at 900 Biscayne . Located right across from the famous Perez Museum and the Miami Arena, very close to Brickell and Downtown (without getting into the crazy traffic and over crowded core) and the Design and Art District, right around ramp to exit in seconds to I-95 and of course on Biscayne/US1 which allows for multiple connectivity options, a huge advantage considering Miami traffic issues. This luxury building has valet parking and plenty of street parking for those who prefer fast in and outs. Once you enter this full floor be prepared to hold your jaw from dropping in an ecstatic “Ahhhhhhhhhh….and Wowwwwwwww”. The finishes and decor are truly exquisite. One side in elegant dark wood perfect for corporate and professional use and the other side edgy and trendy contemporary white, perfect for design and fashion. An abundance of private halls and wait areas, several conference rooms, and the addition of an event hall with separate entrance that can accommodate more than 100 people for your company’s presentations, client events or just your birthday party make this a great example of the new breed of high caliber corporate environment seeking an office in Miami. If you are a Fortune 500 company or want to work like one, contact us for a private showing of this one of a kind office in Miami. Call 786-251-9513 or 305-788-2878 and feel free to share this video tour

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Rent in Miami is not for skimpy pockets

Brickell Condos for Sale

Brickell Condos for Sale

Rent in Miami:

Miami is among the fifth least affordable markets in the whole country when it comes to renting, according to a Miami New Times’ article. The good news is we are up there together with markets like New York and Philadelphia, even higher than San Francisco! How is this good news? It is a good thermometer of the demand. In a market where investors from all over the world are buying properties to park their money with the expectation of covering their expenses and making some money by renting them, it is reassuring to know that rent in Miami is up. As you know, the strength of any market is a function of demand and supply.  This is also an indication that there is a rationale behind the thousands of condos under construction. Even when you see a crane in every block and you think “who is going to occupy all these units once they are finished?”, reality is we are still underserved when it comes to availability for rent in Miami. 65% of Miami residents are renting, even when the cost of buying and paying a loan is lower.

When you look at the purchase price per square foot in New York, Philadelphia and San Francisco compared to Miami, Miami is still on the cheap side. This means that you are buying at a much lower price range than these cities while rent values are pretty high. No wonder Latin American buyers are flying to multifamily properties, apartment buildings and other rental properties like bees in a flower field. According to MDDA (Miami Downtown Development Authority) Miami’s population doubled since 2000 and some areas like Brickell have increased 159% in less than 5 years while the Arts and Entertainment District increased its population by 167% during that period. With a steady population increase like this it is easy to understand how developers keep paying higher and higher prices for land even when the cost of construction is increasing by 1% every month. Data shows we still have some road to cover before we can meet the demand for housing.

If you are looking to purchase properties for rent in Miami, contact us right away. We’ll be happy to share with you market intel and good data to support your decision. After 20 years in the real estate market in Miami, we can help you.