Miami Beach Real Estate

The latest waves of change taking place along the coast of Florida are the Skyrocketing real estate values. From Miami Beach real estate to Clearwater Beach developers are gobbling up prime locations with an appetite reminiscent of the 70's and 80's. According to locals it seems the main targets are aging or rundown beachfront motels and apartments that sit on Miami real estate that has become too valuable to support the low rates that are offered by the current hotels and motels. If things continue the way they are, higher priced Miami condos and condo hotels will replace these locals. According to officials these changes are revitalizing the barrier islands and enriching tax bases. These benefits have gained the support of the city and town officials who say small-business operators fear the long-term viability of the county's tourist-based economy.