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W

elcome to Miami: the Magic City!

Barely 100 years old, this once sleepy

seaside resort town has blossomed into

a booming metropolis, with visitors and

residents from all over the world.

With a population of 2.5 million in Miami

-Dade county and approximately 4

million in the South Florida region,

today’s residents and visitors enjoy

a multitude of cultural and rec-

reational opportunities, not just

seasonally, but year-round.

According to Knight Frank’s

annual Wealth Report (2015),

Miami is ranked 6th globally,

2nd in the U.S. and will remain

among the world’s top 10

most important cities to

Ultra High Net Worth In-

dividuals for the next

decade.

Navigating the real estate market in the

Magic

On The Rise

26

C Miami Magazine

City

Written by S. Todd Nordstrom, Realtor

President, Nordstrom Network