Historically Miami has played second fiddle to other major cities in the US such as New York and Los Angeles. However, a decade of reinvention and rejuvenation has bought the dynamic sunshine city into the top tier as a major global player and in-demand destination. Yet the city still offers incredible value. Prime properties average just under $600 per sq ft.

At the heart of this transformation has been a large influx of investment into projects such as the Design District in Midtown, Brickell City Centre and funding for incredible residential buildings by renowned architects including Hani Rashid, Zaha Hadid and AS+GG (Adrian Smith ad Gordon Gill).

Perhaps unsurprisingly, in this new capital by the sea, property on the water has been the attraction for most developers. This has meant that areas such as Edgewater and Brickell, with their easy access to stylish South Beach and amenities of Midtown, have flourished.

As these areas have gained in popularity developers have wasted no time in making sure that the lifestyle properties being built take advantage of the stunning views over Biscayne Bay and reflect the desire of buyers for beautiful, stress-free properties offering the highest standard of amenities.

This is reflected in the two current projects by Oko Group – Missoni Baia in Edgewater and Una Residences in Brickell. Missoni Baia is the first branded residence in the world from the Italian fashion and design house and Una Residences is located on the last available waterfront plot in the dynamic financial district which continues to go from strength to strength.

As Miami continues to innovate and compete at a global level we have no doubt that the residential market will evolve with it. Now a leading city with an incredible residential offering and strong return of investment we look forward to seeing what happens next.

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