Miami is known for its art deco buildings especially along Ocean Drive and Collins Avenue in the South Beach section of the city. The now trendy and fashionable South Beach district was once a run-down, seedy, and crime-filled area. South Beach ultimately saw a resurgence that has made it one of the most expensive commercial areas of Miami. The diversity of tourists and residents from Latin America, Europe, the Caribbean, and other parts of the world has made this area the linchpin of luxury real estate. Numerous exclusive condominiums, hotels, shops, and restaurants line the main thoroughfares of Miami Beach.

Miami Beach luxury real estate continues to draw the well-heeled to the exciting and trendy areas of Miami Beach. Those drawn to the area come because of the luxurious real estate offerings, privacy, and for the superior offerings that can’t be found elsewhere in the area.

One of the most exclusive sections of the area is actually a separate island from the main island on which Miami Beach is located. Fisher Island began as the result of dredging that created the island in 1905. The first construction occurred in 1919 and up until the 1980′s was the home to a few select wealthy individuals.

Another desirable neighborhood that is also a separate island is Star Island. Also home to many celebrities such as Shaquille O’Neal, Madonna, Will Smith, and Gloria Estefan. Star Island has cachet because of the many celebrity owners and multi-million dollar luxury homes. Access to the island is only via the guard house entrance. Another secured Miami Beach enclave is Palm Island. Like Palm Island, it has a secured entrance and offers luxury homes for the upper middle class and rich.

One of the newest areas of Miami luxury real estate is the area known as Millionaires Row along Collins Avenue in Miami Beach. Many new high rise luxury condominiums and resort hotels are found along Collins Avenue. These residences are desirable because of their view of the ocean as well as the Miami skyline across Biscayne Bay. They also offer access to the prime shopping, nightclubs, and restaurants that are found along Collins Avenue and Ocean Drive.

When it comes to Miami luxury real estate, the combination of safe neighborhoods, upscale luxury residences, white sand beaches, world-class shopping, and celebrity-studded nightlife, Miami Beach is like no other place.

Miami is one of the best cities when it comes to real estate and particularly the Miami luxury real estate.It has flourishing real estate industry. Sales statistic shows that the prices of the condo units increase in value and this indicates that if you are interested to buy a luxury property in Miami, you will not find any bargain prices.

Does that mean that Miami luxury real estate is out of most consumer budgets? Absolutely not! There are many neighborhoods and regions in the Miami area where a second home or rental property can be found for a very attractive and reasonable price.
Many buyers ask where and what to look for in Miami luxury real estate and the answer is quite simple – almost every neighborhood has luxury homes available and each is going to provide a surprising number of options and amenities.

Let’s look at a few neighborhoods to understand. The Downtown Miami neighborhood is, of course, full of retail and business offerings but just north and south of this district are two “booming” neighborhoods. Brickell to the south and the Design District to the north are both areas that provide the ideal answer to anyone looking for a home or investment property.

Brickell is often called the “Manhattan of the South” because of its financial, legal and governmental buildings and institutions as well as its many shopping, dining and retail areas. The region is home to single professionals, families and retirees and is one of the most dynamic neighborhoods in the city. Of course the Design District is something else as well. This is home to some of the most well-known design houses in the city, as well as the world. With more than one hundred professional shops and all of the accompanying stores, restaurants and businesses this neighborhood is also one where many people are snatching up condominium properties also.

Clearly it is a good idea to know your neighborhoods, or just to know what you want from your neighborhood when investigating Miami luxury real estate. For example, will you want direct access to a private marina? Do you want to be close to all of the shopping or night life? Is proximity to an airport necessary? All of these issues can help you identify the right neighborhood.

Additionally, there are some “basics” that all luxury properties must offer and these include views, comprehensive services, high-quality materials and construction, excellent facilities such as pools, spas and fitness centers and numerous floor plans to choose from. Having all of these in the neighborhood, you will surely enjoy staying in the city and makes your investment worth. So if you are going to search for the right property is sure to make some advance listing of your preferences.