Considering Moving to Miami, Florida?
Miami is a major city in southeastern Florida, and is situated on northern Biscayne Bay between the Everglades and the Atlantic Ocean. The main portion of the city lies on the shores of Biscayne Bay. It contains several hundred barrier islands, the largest of which contains the city of Miami Beach and its famous South Beach real estate district. Miami is the largest city in Miami-Dade County. Because of its city limits, Miami is the second-largest city in Florida, and the 45th largest city in the United States. However, the urban area, which includes, Miami-Dade County, Broward County, and Palm Beach County, makes up the largest metropolitan area in the Southeastern United States, and it is the fifth largest in the United States.
In 1896, the city officially incorporated its real estate and it had a voting population of just over 300. The U.S. Census Bureau estimation of the population of Miami in 2006 was 391,355. You can see that many people are moving to and making Miami the site of their next relocation.
However, if you are thinking about buying real estate in Miami and moving as part of relocation, it’s probably important to know that Miami is also one of the least affordable places to live, with 69 percent of its residents spending at least 42.8 percent of their income on home ownership. The city ranks first among least affordable cities for home ownership. But even with high real estate demands, many are still moving here in relocation. As of 2005, Miami is seeing its largest real estate growth since the 20’s.
However, some of the western edges of the city go into the Everglades real estate, which is a subtropical marshland located in the southern portion of the state. This causes occasional problems with wildlife, such as crocodiles and alligators that sneak into suburban communities.
Still, in recent years, many people have been moving to Miami and finding the real estate a great relocation from other parts of the country. Miami has seen international immigration increase to the area as well. The Greater Miami’s large population is made up of many ethnicities including Latin Americans and Caribbean islanders. Because of this,the city is sometimes called “The Gateway of the Americas.” Today, there are sizable numbersof permanent residents and undocumented populations of the following: Argentineans, Bahamians, Brazilians, Canadians, Colombians, Cubans, Dominicans, French, Haitians, Hondurans, Jamaicans, Indians, Israelis, Italians, Mexicans, Nicaraguans, Russians, Trinidadians, Tobagonians, Turks, South Africans, and Venezuelans, as well as a sizeable Puerto Rican population throughout the metropolitan area. Clearly, people from around the world are moving here and buying real estate for relocation.
Florida’s large Spanish-speaking population and economic ties to Latin America makes the region an important center of the Latino world. While commonly thought of as mainly a city of Hispanic and Caribbean immigrants, the Miami area is also home to one of the largest Israeli and Russian communities in America.
Miami is one of the country’s most significant financial centers. It is the major center of regional commerce, and has a strong international business community. Because of its closeness to Latin America, it serves as the headquarters of several Latin American operations for over, 400 multinational corporations. They include some of the following: Cisco, Disney, FedEx, Microsoft, Oracle, Exxon, SBC Communications, American Airlines and Sony.
Several huge companies are headquartered in or around Miami, such as Bacardi, Burger King, Carnival Cruise Lines, DHL, Norwegian Cruise Lines, Royal Caribbean Cruise Lines, Ryder Systems, and Spirit Airlines. In addition, downtown Miami has the largest concentration of international banks in the country. Clearly businesses from around the world are moving here and buying real estate for relocation.
Because of its beautiful beaches, tourism is an important industry to Miami. Also, the Art Deco nightclub district in South Beach is regarded as one of the most sensational in the world and brings in many tourist dollars. So, if you are thinking about the relocation of your hotel business or night club this might be the real estate worth moving to and investing in.
Climate The Gulf Stream, a warm ocean current, runs northward just 15 miles from the coast. This allows the city’s climate to stay warm and mild all year. Another good reason to buy real estate in this area and consider moving here is that Miami is a tropical paradise. Miami has a true tropical climate with humid summers and dry winters. Sometimes the city does experience cold fronts. But the average monthly temperature for any month has never been recorded as being less than 64.4° F. Great weather is the reason many people are moving here and buying real estate for relocation.
In addition, the city gets most of its rain in the summer and it is mainly dry in winter. The hurricane season largely coincides with the wet season. Hurricane season officially runs from June 1 through November 30, although hurricanes can develop beyond those dates. The most likely time for Miami to be hit is during the peak of the Cape Verde season, which is mid-August through the end of September.
Due to its location between two major bodies of water known for tropical activity, Miami is also statistically the most likely major city in the world to be struck by a hurricane. Despite this, the city has been fortunate in not having a direct hit by a hurricane since 1964 with Hurricane Cleo. Don’t let the threat of hurricanes keep you from buying real estate here and moving to it as your relocation.
Two major English-language newspapers serve Miami. The Miami Herald is Miami’s primary newspaper with over a million readers. There is also the South Florida Sun-Sentine. The city has El Nuevo Herald, Diario Las Americas; these are two Spanish newspapers for Miami area readers. Miami has the 12th largest radio market and the 17th largest television market. Education Miami is served by Miami-Dade County Public Schools, which is the largest school district in Florida, and the fourth largest in the United States. The district is the largest minority public school system in the country. Miami also has several private Catholic and Jewish high schools throughout the area.
Colleges and universities in the city proper include Florida International University and Miami-Dade College. And colleges and universities in the county include the following institutes: University of Miami, Barry University, Florida Memorial University, a historically black college, St. Thomas University and Johnson and Wales University. This area has great educational institutions so if you are moving your family here in a relocation, it’s a smart choice.
Miami International Airport, one of the busiest international airports in the world, serves more than 35 million passengers a year. Miami is also home to the Port of Miami, the largest cruise ship port in the world. In 2005, the port catered to 3,605,201 passengers. In addition, the Port of Miami is one of the nation’s busiest ports, especially for cargo from South America and the Caribbean.
Local public transportation includes Metrobus, Metromover, and Metrorail, an elevated rapid transit system, each operated by Miami-Dade Transit. Furthermore, Tri-Rail, a suburban rail system, connects the major cities and airports of the South Florida metropolitan area.
Several transit expansion projects are being funded by a transit development sales tax throughout Miami-Dade County. The Metrobus system is also an option for moving to destinations not served by the main transit lines. Also, a new light rail system is proposed and will be called BayLink. It will connect Downtown Miami with the South Beach district of Miami Beach. Accessible transportation is a great reason to be moving and buying real estate in the area.
Lights, Camera Action
There are many television shows that have been based in Miami. The controversial Emmy-winning drama Nip/Tuck and CBS ‘s CSI: Miami both take place in Miami. And, The Jackie Gleason Show was taped in Miami Beach from 1964 to 1970. In addition, Miami has acted as the backdrop for several movies, including There’s Something About Mary, Wild Things, Ace Ventura: Pet Detective, 2, Fast 2 Furious, Bad Boys and Bad Boys II, Transporter 2, The Birdcage, True Lies, Miami Vice, Cocaine Cowboys, the classic Scarface, and the James Bond films: Goldfinger, Thunderball, and Casino Royale. So, if you want to be discovered, it might be a good career choice to find yourself moving to this real estate as a relocation.
Moving and Relocation Guide
If you are moving your family or business to Miami the following might help with your moving, and keep in mind you could call the Greater Miami Area Chamber of Commerce for more information. Its phone number is 305-350-7700.
The Beacon Council helps with the relocation of your business. It is an organization whose mission is to provide and coordinate available assistance. It is a private/public partnership.