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Why invest in miami properties
Miami is a major city in the southeast corner of Florida, in the United States. Miami and the surrounding metropolitan area are situated on northern Biscayne Bay between the Everglades and the Atlantic Ocean. By population, Miami is the second-largest city in Florida (after Jacksonville), and the county seat and largest city of Miami Dade County. It is also the largest city in the South Florida metropolitan area, which comprises Miami Dade County, Broward County, and Palm Beach County, making up the largest metropolitan area in the Southeastern United States and the sixth largest in the country as a whole.

Living in Miami is a lot of fun. Men looking for a city with the male-to-female ratio tipped in their favor will find a treat in both North Miami and South Miami where women make up nearly 52% of the population of Miami Florida. Fear not, though, as about 27 percent of the population lives alone in North Miami. That number jumps to 30 percent in South Miami -- leaving a good portion of Miami´s population without a live-in partner. That´s good news for both sexes.



Miami was officially incorporated as a city on July 28, 1896, with a voting population of just over 300. In 1940, 172,172 people lived in the city. According to the 2000 census, the city proper had a population of 362,470, while the larger metropolitan area had a population over 5,000,000. The U.S. Census Bureau estimate of the population of Miami in 2004 was 379,724[1].

Miami's explosive population growth in recent years has been driven by internal migration from other parts of the country as well as by immigration. Greater Miami is regarded as a cultural melting pot, heavily influenced both by its very large population of ethnic Latin Americans and Caribbean islanders (many of them Spanish- or Haitian Creole-speaking).

Miami's importance as an international financial and cultural center has elevated Miami to the status of world city; because of its cultural and linguistic ties to North, South, Central America, and the Caribbean it is sometimes called "The Gateway of the Americas." Miami ranks along with Atlanta, Birmingham, Charlotte, and New Orleans, as one of the most important business centers in the Southeastern United States.

Downtown Miami has the biggest library in the Southeast region, the Miami Art Museum, and the Historical Museum of Southern Florida.

The downtown area has seen dramatic growth in the past decade, and now hosts many new hotels and high-rise condominium developments. Other improvements include a wide array of new boutiques, galleries, and restaurants.

Miami's Economy

The Federal Detention Center in Downtown MiamiBecause of its proximity to Latin America, Miami serves as the headquarters of Latin American operations for many multinational corporations, including American Airlines, Cisco, Disney, Exxon, FedEx, Microsoft, Oracle, SBC Communications and Sony. Several large companies are headquartered in or around Miami, including Alienware, Autonation Burger King, Citrix Systems, DHL, Norwegian Cruise Line, and Ryder System. 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. Miami was also the host city of the 2003 Free Trade Area of the Americas negotiations, and is one of the leading candidates to become the trading bloc's headquarters.

Tourism is also an important industry: the beaches of Greater Miami draw visitors from across the country and around the world, and the Art Deco nightclub district in South Beach (located in Miami Beach) is widely regarded as one of the most glamourous in the world. However, it is important to note that Miami Beach is not a part of the city of Miami. Even major TV networks sometimes forget this, as when Good Morning America visited Miami Beach and Charles Gibson thanked the mayor of Miami (but he was standing next to the mayor of Miami Beach).

In addition to these roles, Miami is also an industrial center, especially for stone quarrying and warehousing.

Miami has also served as host venue for legendary legal proceedings, most notably the astounding $145 Billion verdict leveled against the nation's 5 largest cigarette manufacturers. This case was a class action on behalf of all afflicted Florida smokers and their families, represented by a prominent and successful Miami-raised husband and wife legal team, Stanley and Susan Rosenblatt.

According to the U.S. Census Bureau 2002 American Community Survey, Miami was the poorest city in the United States, with 31% of the residents having incomes below the federal poverty line. In 2004, Miami moved to third in the rankings ahead of Detroit, Michigan and El Paso, Texas.

Miami is also one of the least affordable places to live, with 69% of its residents spending at least 30% of their household income on home ownership. Miami ranks first among least affordable cities for home ownership.

As of 2005, the Miami area is witnessing its largest real estate boom since the 1920s.

Miami Transportation

Miami Dade County Transit Buses in Miami Beach, Florida.Miami's main international hub is Miami International Airport, which is one of the busiest international airports in the world, serving over 35 million passengers every year. Identified as MIA or KMIA by various world aviation authorities, it is a major hub and the single largest international gateway for American Airlines, the world's largest passenger air carrier; and is also served by many foreign airlines. MIA is the USA's third largest international port of entry for foreign air passengers (behind New York's JFK and Los Angeles' LAX), and the seventh largest such gateway in the world (bested only by those two airports; combined with London's Heathrow, Paris' Charles de Gaulle, Amsterdam's Schiphol, and Hong Kong's Chek Lap Kok international airports). Fort Lauderdale-Hollywood International Airport also serves the metropolitan area, and actually handles more total passengers who are originating or ending their trip in south Florida than does MIA.

The main seaport, The Port of Miami, is the largest cruise ship port in the world, serving over 18 million passengers per year. Additionally, the port is one of the nation's busiest cargo ports, importing nearly ten million tons of cargo annually. Among North American ports, it ranks second only to the Port of South Louisiana in terms of cargo tonnage imported/exported from Latin America.

Miami is connected to Amtrak's Atlantic Coast services.

Local public transportation includes Metrobus and Metrorail, a metro rapid transit system (both operated by Miami Dade Transit). Furthermore, Tri-Rail, a commuter 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 surcharge throughout Miami Dade County.
















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