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Miami, Florida Area DemographicsLocated on the Atlantic Ocean on Florida’s Gold Coast, Miami, Florida real estate sits on some of the most desirable land in the country. With a population of 379,724 (2004 U.S. Census estimate) inside the city limits, Miami is the second-largest city in Florida, after Jacksonville. Miami-Dade County, which covers 2,431 square miles and stretches west to the edge of the Florida Everglades, is home to nearly 2.4 million people, easily ranking it No. 1 in population among Florida’s 67 counties. The Miami metropolitan area, which includes Broward and Palm Beach counties to the north, has a combined population of more than 5.4 million people, making it the largest metro area in the Southeastern U.S.
Other large cities in Miami-Dade County include Miami Beach (population: 89,910), which includes the high-energy South Beach district, and Hialeah (population: 224,522), the fifth-largest city in Florida. Miami-Dade County contains another 32 cities, towns and villages, most concentrated in the northeastern quadrant of the county, and about 40 unincorporated communities.
Many people originally from the Caribbean islands and South America have migrated to Miami. In recent years, Miami has ranked as the No. 1 place to live in the U.S. for Hispanics, but the city also has a well-established Jewish presence. But people originally from other states in the U.S., especially the New York area, have made new homes in Miami.
Miami’s tropical climate produces 90-degree days during the summer months, while the average high in January is in the middle 70s and the average low in January is in the mid 60s. The highest official temperature ever recorded was 98 degrees (in 1956) and the all-time low was 31 degrees, on a day in January of 1977 that brought the only snow the city has recorded since it began keeping weather records in the 1830s. Miami receives abundant rainfall, an average of 58.6 inches per year. Hurricanes often threaten the Miami area. In 1992, Hurricane Andrew hit Florida just south of Miami, killing 65 people and causing $26 million in damage.
Miami, Florida History and CultureMiami, Florida real estate is prime, coveted land. The first residents of Miami were Native Americans who settled on the banks of the Miami River near what is now downtown more than 12,000 years ago. The Tequesta Indians inhabited the area when the first Europeans arrived in the early 1500s. Juan Ponce de Leon sailed into Biscayne Bay in 1513. Spanish soldiers built a Jesuit mission at Miami in 1567, but it was soon lost. The first permanent settlers arrived in the early 1800s, many in search of treasure from ships that sank off Miami’s treacherous coast. Most of those who stayed perished during the First and Second Seminole Wars, which ended in 1842. Miami became the county seat in 1844, although it was not officially founded as a city until 1896.
In the early 1890s, a series of freezes wiped out virtually all of the state’s citrus, except in the Miami area. Julia Tuttle, who owned a 640-acre grove, persuaded railroad baron Henry Flagler to expand his rail line to Miami and build a resort hotel. Less than four months after the first train arrived in 1896, the city of Miami was incorporated with 444 citizens. Miami exploded in population, reaching more than 110,000 by 1930. The Everglades, which until then extended eastward to within three miles of the bay, were pushed west to make way for the residents.
More than half a million servicemen and women trained in Miami during World War II and after the war, many returned, pushing the population to nearly a quarter of a million by 1950. The Cuban Revolution of 1959 prompted more than 400,000 Cubans to move to Miami-Dade County in the next decade. The Mariel Boatlift of 1980 brought another 150,000 Cubans to Miami. At the same time, people from other poor nations such as Haiti started to migrate to Miami.
Despite the common conception that Miami’s economy revolves around tourism, the fact is that Miami is one of the country’s most important financial centers. It is the major center of regional commerce and boasts a strong international business community, serving as the Latin American headquarters of many multinational corporations. Miami International Airport and the Port of Miami are among the nation’s busiest ports of entry, especially for cargo from South America and the Caribbean. Additionally, downtown Miami has the largest concentration of international banks in the country.
Economically, Miami is a study in extreme contrasts. Miami was ranked as America’s poorest city in 2002 by a government community survey, with 31 percent of residents loving below the poverty line, but by 2004 had moved to third-poorest. Yet Miami is also one of the least affordable places to live, with 69 percent of its residents spending at least 30 percent of their household income on home ownership; Miami ranks first among least affordable cities for home ownership.
Miami, Florida Attractions, Activities and AmenitiesMiami, Florida real estate possesses a multi-faceted appeal for almost anyone. Fun-in-the-sun partying occurs simultaneously with sophisticated cultural events in a city that never sleeps. Visitors and residents are drawn to Miami for its balmy weather, first-rate attractions, superb shopping, gourmet dining, a cutting-edge art scene, virtually non-stop nightlife and unrivaled on-the-water activities. When you consider natural wonders such as the wide, sandy beaches and the pristine beauty of the Everglades in addition to the bevy of golf courses, the Miami Metrozoo, exciting professional sports teams and festivals you won’t find anywhere else, you can understand why Miami is such a popular destination.
Tourism is an important industry. The beaches of Greater Miami draw visitors from across the country and around the world. The oceanfront Art Deco nightclub district in South Beach, located on a barrier island in the city of Miami Beach, is widely regarded as one of the most glamorous places to party in the world. Only seven square miles sandwiched between the Atlantic Ocean and Biscayne Bay, Miami Beach boasts trendy restaurants and nightclubs, chic boutiques and a carefully restored Art Deco district with pastel-painted hotels and condos. Colorful and energetic, Miami Beach offers fun in the sun and a never-ending nightlife.
The Atlantic forms Miami’s eastern border. Residents and visitors alike flock to the beach and its barrier islands, where they find some of the most beautiful beaches and barrier islands in the state.
The Port of Miami is known as the Cruise Capital of the World. With a state-of-the-art passenger terminal, five major cruise lines call the port their home. Cruise destinations include Europe, Mexico and the Far East. One of the more popular cruises sails to the Bahamas, just 50 miles off the coast of Miami-Dade County. Day trips are available and offer family fun in the clear Caribbean waters at an affordable price.
Everglades National Park, open year round, occupies the western border of the county and is the largest remaining subtropical wilderness in the United States. The park consists of more than 1.5 million acres and is a natural habitat for many threatened and endangered species of plants and animals. Camping, hiking, boat tours, canoeing and fishing are some of the popular pastimes residents of Miami can enjoy in this extraordinary park. Eight state parks, Biscayne National Park and Miami Metrozoo are all within about a half hour of central Miami.
For those interested in sports, Miami is the only city in Florida that offers all four major American team sports. More than 30 golf courses are located in the Miami area. The Miami City Ballet, one of the largest ballet companies in the country, offers summer programs and a school for students pursuing a professional career in ballet. Local performances are held at the Jackie Gleason Theatre on Miami Beach just blocks from South Beach.
Miami is home to several colleges and universities, including the University of Miami, Barry University, Florida International University, St. Thomas University, Florida Memorial College and Miami-Dade College.
Few places offer such differing amenities in one county. This unique blend offers the residents of Miami-Dade County the best of all worlds. Whether you seek a luxury home, a starter home, a condominium, a townhouse or an investment property, NewHomesRealEstate.net can help you find the Miami, Florida real estate you desire.
Miami is a great place to call home with its variety of home listings from which to choose from. A New Homes Realty, Inc. agent is standing by ready to help you locate the homes in Miami that best fits your needs. By combining the power of Newhomesrealestate.net and our own network of real estate professionals, New Homes Realty, Inc. is ready to assist you in every possible way. Whether you are looking for townhouses, condos, luxury homes, or investment properties, let New Homes Realty, Inc. find you a new home in Miami, Florida.