Miami is one area of Florida that remains a hot spot when it comes to the real estate market. What's surprising is that the commercial real estate market continues to boom there despite the fact that Miami is at-risk for experiencing constant flooding later on in the 21st century. Companies, investors in real estate and residents alike continue to invest in South Florida long-term.
Miami, in particular, has been experiencing a surge that has never before been seen in the construction of real estate. For instance, a huge building featuring 80 stories is in the process of being built in the urban core of the city. Although an equities and real estate crash wiped out a lot of builders in the latter part of the 2000's first decade, the South Florida area experienced a quick recovery, thus making many investors feel that large risks are certainly worth taking.