The Real Deal Miami

South Florida by the numbers: Miami and the Movies edition

February 28, 2014 12:45PM
By Master Brokers Forum

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bynumbers228“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. (ACTION!) With the Academy Awards scheduled for this Sunday, and our own Miami International Film Festival opening a few days later, this is a perfect time to celebrate Miami’s unique history on the big screen and its diverse connections to local business and real estate. From “Miami” (a 1924 black and white silent film starring Hedda Hopper) to “Miami Vice” (the 2006 motion picture version of the classic TV show) and beyond, the Magic City continues to provide filmmakers with a rich canvas to illustrate their visions. So, buy your tickets at the box office, get your popcorn and enjoy this edition of South Florida by the numbers! (CUT!)

$1.6-to-$5.9 billion

Tourism dollars the film industry could attract in Florida, according to a new report prepared for the state’s Department of Economic Opportunity and paid for by the Motion Picture Association of America. The study reviewed how much tourism money the film industry could attract over the next three years, assuming either 5 percent or 19.5 percent of Florida visitors come here because of something they saw in a movie or TV show. [Miami Herald]

Over $1 Billion

Estimated economic impact of the film and entertainment industry on Miami, according to FilMiami; representing the Miami-Dade Office of Film & Entertainment and the Miami Beach Office of Film and Event Production Management. [FilMiami]

$658 million

Wages paid to 100,000 film professionals in Florida over the past three years, according to Gus Corbella, chairman of the Florida Film and Entertainment Advisory Council. [South Florida Business Journal]

70,000

Estimated square footage of the to-be-developed Miami Entertainment Complex; a city-owned production facility created by Miami’s Omni Community Redevelopment Agency (CRA). It will feature two film sound stages of 10,000-to-12,000 square feet, 50-foot ceilings, a motion capture studio designed for digital imaging, 3D animation and gaming editing suites, screening rooms and 12,000 square feet of office and accessory rooms. [Multi-Housing News]

6

Number of Academy Awards won by “The Godfather: Part II” (including Best Picture), which features a number of key scenes shot in and around Miami and the Beaches — the only Best Picture winner to do so. [Movie Locations]

$18,999,000

Current price of Academy Award winner Matt Damon’s Mediterranean Revival house on North Bay Road (listed by Master Brokers Jill Eber and Jill Hertzberg.) Damon won the 1998 Best Screenplay Oscar for “Good Will Hunting.” [Curbed]

This column is produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals where membership is by invitation only and based on outstanding production, as well as ethical and professional behavior.

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