The Real Deal New York

A look at Miami’s seven hottest neighborhoods for development

TRD South Florida examines North Beach, Little Havana, Overtown, Coral Gables and others

November 10, 2015 12:00PM
By Francisco Alvarado

A rendering of Miami Worldcenter

A rendering of Miami Worldcenter

From the South Florida Market Report: Overtown, North Beach in Miami Beach, the Arts & Entertainment District and Coconut Grove are among several areas that have emerged as the hottest real estate submarkets in greater Miami as the fourth quarter gets under way, according to recent interviews with real estate analysts and developers.

“These emerging areas are seeing a renaissance of activity,” said Alex Zylberglait, a senior vice president for brokerage firm Marcus & Milichap. “Pricing is going up as land is becoming [scarcer].” [more]