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There’s a certain magic to Miami’s skyline — the way glass towers catch the light, the ocean stretching endlessly beyond, and the feeling that life is elevated both literally and figuratively at the very top.
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Byline: Wyles Daniel
The real estate market in Miami has become a popular space for investment in 2025, as steady demand from domestic and international buyers remains in place. For those seeking additional rental income, capital appreciation, or prime condo real estate, an investment in Miami real estate may be an avenue for success. Miami has a wide variety of real estate and many opportunities.
Of course, one of the most attractive elements of Miami's real estate market is the city itself and its location. There are many appealing locations across the United States and worldwide; for investors, there's just something more to Miami.
Unsurprisingly, investors are drawn to the long-term value that the city promises. Miami has no state income tax as a city in Florida, and it also features impressive tech and finance sectors.
Whether it's a tower on the waterfront or an urban high-rise, condos for sale in Miami have become a highly sought-after real estate asset. These properties tend to evoke a sense of prestige, security, and flexibility, which appeal to investors and vacationers alike. While the Miami real estate environment appears to point toward a seller's market more generally, condos are an entirely different story.
"Four to six months of housing inventory is considered a balanced market," Liisa Rajala and Liz Brumer-Smith wrote for US News, "and single-family inventory remains in that range while there are over 10 months supply of condos, [Eddie Blanco, chairman of the Miami Association of Realtors wrote in an email]… Within Miami Dade County, single-family homes remain a seller's market. Meanwhile, condos have moved into a buyer's market."
One prominent financial commentator suggested that an influx of South American investment could impact Miami's real estate market, potentially contributing to a price rise. While other Miami condo experts may interpret the market differently, it is ultimately up to the individual investor to determine whether the current condo market is worth investing in.
For Canadian investors, Miami real estate stands out for its warm climate, rental potential, and opportunities for cross-border property ownership. The city is understandably popular for rentals that double as vacation homes, enabling Canadian investors to enjoy the property during off-seasons and profit at other times. For this reason, the area is attracting Canadian real estate buyers.
Pink Miami is a partner in Miami real estate, helping investors to cut through the noise and secure impactful properties. The firm has built significant connections with developers and maintains an active understanding of local laws, ensuring that any investor can get started in the real estate investment space. To date, the firm has helped numerous investors to achieve high annual occupancy rates for long-term success, and it aims to help many more.
Q: Why invest in a Miami condo in 2025?
A: Miami condos promise high return on investment (ROI) from short-term rentals, and often expect strong appreciation in luxury spaces.
Q: Are there special visa or ownership rules for Canadians?
A: While Canadians are not required to have special visas to purchase property in Miami, investors must remain aware of US tax reporting regulations.
Q: Which Miami neighborhoods are popular for condo investment?
A: Brickell, Edgewater, South Beach, and Downtown have been consistent for investors as these areas continue to grow.
Q: Can condos be used for short-term rentals such as Airbnb?
A: Yes, but it is essential to consider that buildings and zoning laws may restrict this. One must research and consult with experts before purchasing a property as a short-term rental.
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Miami just dropped the clutch on luxury living — the $37M Bentley-branded penthouse is here, and yes, it comes with a car elevator to your private sky garage.
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Ellis Bachman Photo Credit: Brown Harris Stevens
Ellis Bachman, a powerhouse in luxury real estate with more than $500 million in sales, has joined Brown Harris Stevens, further cementing his influence in both the Miami and New York markets. With an extensive track record in resales and new development, Bachman has consistently delivered record-breaking results, making him a natural fit for the premier brokerage. Previously with Douglas Elliman, where he earned the title of 2023 Rising Star, Bachman has led the sales of high-profile developments, including 64 University Place and 250 East 21st Street, both of which achieved full asking price despite challenging market conditions.
Brown Harris Stevens, renowned for holding the highest average sales price per agent in the country, welcomed Bachman as a key addition to its elite team. CEO Bess Freedman praised his expertise, creativity, and deep market knowledge, noting that his dual licensure in New York and Florida makes him an invaluable asset. With a career built on strategic marketing, innovative sales techniques, and an ability to navigate competitive landscapes, Bachman’s transition to Brown Harris Stevens represents an exciting new chapter for both him and the firm’s luxury clientele.
Reflecting on his move, Bachman emphasized his commitment to providing exceptional service while working with a brokerage known for its legacy of excellence. Splitting his time between New York’s Greenwich Village and Fire Island Pines and his new home in Miami Beach, he brings a unique perspective to both markets, understanding the needs of buyers and sellers across two of the country’s most sought-after locations. As he embarks on this next stage, his presence at Brown Harris Stevens is poised to further elevate the firm’s stronghold in the world of high-end real estate.
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Bentley Residences redefines luxury living with next-level amenities, including an exclusive pet spa, a whisky bar, and oceanfront beauty services.
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As Miami continues to solidify its position as a global hub for business, leisure, and culture, a new real estate trend is emerging: the rise of the pied-à-terre. Literally translating to “foot on the ground,” these smaller but exceptionally designed, functional living spaces are becoming highly sought after. Catering to hybrid workers, frequent travelers, and those drawn to Miami’s vibrant lifestyle part-time, the pied-à-terre trend reflects shifting consumer priorities in a dynamic real estate market.
Moreover, the influx of new developments allowing short-term rentals—a product type often feared in other U.S. cities—has further propelled this demand. Buyers are now able to capitalize on their investment while enjoying a home away from home in one of the world’s most desirable vacation destinations.
Why Now?
Several factors are fueling the rise of pied-à-terre living in Miami, including travel trends, workplace shifts, and the city’s luxury appeal.
Travel Trends
Recent data underscores Miami’s increasing allure as a destination for both domestic and international travelers. In the first quarter of 2024, Miami International Airport recorded an 11.6% increase in passenger traffic compared to the same period in 2023, with international travelers accounting for a 12% uptick. The rebound in global tourism and record-high domestic travel makes Miami a prime location for those seeking a convenient base for frequent visits.
Short-Term Rentals
The short-term rental market in Miami is booming, offering buyers the opportunity to own a second home that also functions as an income-generating asset. Unlike many other U.S. cities, Miami embraces this product type, allowing investors to maximize their property’s potential while enjoying its perks for personal use.
Workplace Shifts
The normalization of hybrid and remote work models has created a demand for flexible housing solutions. Many professionals now require a comfortable base for extended work trips, and pied-à-terre properties offer a more personal, cost-effective, and convenient alternative to long-term hotel stays.
Luxury Appeal
Miami’s expanding dining, cultural, and nightlife scenes continue to attract affluent buyers. For those who seek to immerse themselves in the city’s vibrant lifestyle without committing to a primary residence, a pied-à-terre provides the perfect solution.
Developments Shaping the Trend
A handful of standout Miami developments are leading the way in catering to pied-à-terre buyers, offering unique advantages that blend convenience, luxury, and investment potential.
Nexo Residences: Located in North Miami Beach, this project by Fortune International Group and Blue Road Group combines flexible short-term rental options with upscale amenities. Units are fully furnished and designed for turnkey living, making them ideal for frequent travelers and investors alike.
ELLE Residences Miami: Inspired by the elegance of the French Riviera, this development by Vertical Developments and UNCG is situated in Edgewater. ELLE offers a boutique living experience with pre-furnished condos that cater to those seeking luxury and convenience in the heart of Miami.
Surf Row Residences: Developed by LD&D, this boutique collection of ultra-luxury condos is located in Miami Beach’s Surfside neighborhood. Offering expansive floor plans and proximity to the ocean, Surf Row combines the privacy of single-family living with the convenience of a pied-à-terre, making it an ideal choice for discerning buyers seeking a second home in an exclusive coastal setting.
A Lasting Trend?
The rise of the pied-à-terre is more than just a passing trend. It reflects broader lifestyle shifts, with Miami’s evolving appeal as a global destination playing a central role. For buyers seeking flexibility, investment potential, and a slice of the city’s dynamic energy, these compact yet luxurious properties represent the future of modern living. As the city continues to grow, the pied-à-terre may become an essential component of Miami’s ever-diverse real estate landscape.
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Ready for a front-row seat to Miami’s most jaw-dropping ocean vistas? Step into Bal Harbour’s new multimillion-dollar penthouse haven at Rivage.
Read MoreAs Art Basel Miami Beach 2024 unfolds from December 6th to December 8th, the city once again becomes the epicenter of the global art world. But this year, Miami’s allure isn’t limited to its galleries and exhibitions. A new wave of luxury condominiums is turning heads, transforming the city’s skyline into a gallery of architectural masterpieces. With design-forward concepts that rival the works on display at Art Basel itself, these properties combine cutting-edge architecture with interiors that feel as curated as the finest art collections.
Here are three of Miami’s most artistic new residential developments, where real estate meets the ethos of Art Basel:
A living testament to the phrase “design as art,” ELLE Residences Miami brings the iconic style of ELLE Decor to life. Created by The One Atelier, these 25-story luxury residences blend Parisian elegance with contemporary vibrancy. Think chevron-patterned flooring, bold geometric designs, and walls adorned with textured wallpaper that add dimension and intrigue. Curated in collaboration with ELLE Decor editors, the interiors feature standout pieces from top European designers and brands.
Located in the heart of Miami, ELLE Residences transforms everyday living into a gallery-like experience, blurring the boundaries between fine art and modern design. Developed by Vertical Developments and Urban Network Capital Group, the 180 turnkey units are a must-see for lovers of high design.
Located in exclusive Surfside, Surf Row Residences offers a serene, design-driven oasis that pays homage to Miami’s coastal beauty and cultural heritage. Its architecture by Alfonso Jurado Architecture and Boris Pena Architects mimics natural forms, from wind-sculpted sand to waves. White facades nod to the city’s Art Deco traditions, while materials like coral stone and boardwalk-inspired tiles evoke the textures of the beach.
The 25 bespoke condominiums feature expansive layouts that seamlessly merge indoor and outdoor spaces with skylights, layered glass facades, and generous balconies. A unique collaboration with RH and customizable options through InteriorSelect allow residents to personalize their homes, capturing a balance between modern luxury and organic tranquility.
The Dolce&Gabbana Residences Miami redefines opulence with its bold architectural statement. Designed in collaboration with Studio Sofield, the tower is capped with a bronze sculptural crown that punctuates the Miami skyline. Its facade—crafted from ivory travertine, matte black steel, and accented with gold and bronze—evokes the sophistication of Milanese mid-century design with the vibrant edge of Miami’s aesthetic.
Interiors, curated by Milan-based M2Atelier, bring Dolce&Gabbana’s signature Italian flair into every corner. Handmade details and luxurious materials create spaces that are as much about craftsmanship as they are about living. With a focus on bold design and unparalleled luxury, this development is a fitting tribute to the intersection of fashion, art, and architecture.
Art Basel celebrates the power of creativity and design, and Miami’s luxury condos are proving that real estate can be an extension of that ethos. These developments are not merely places to live—they are immersive experiences that combine artistry, innovation, and the highest levels of craftsmanship.
Whether you’re attending Art Basel or simply exploring Miami’s growing skyline, these properties deserve a closer look. For those who appreciate the finer things, this fusion of real estate and art is the ultimate statement of luxury living.
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Thanksgiving is a time to show gratitude, embrace family time, and most importantly indulge in festive flavors. To honor these values and celebrate the holiday that brings people together, these South Florida hotels and resorts are showing thanks to locals and guests alike with exclusive holiday food and beverage offerings.
Located along the pristine Fort Lauderdale Beach, B Ocean Resort invites families and friends to indulge in an elegant Thanksgiving dinner buffet at the resort’s newly updated signature restaurant. Formerly known as Naked Crab, Florida Sports Bar + Grill treats traveling guests and local residents to an upscale dining experience complete with surrounded entertainment. Guests can enjoy a variety of stations, from an Autumn Harvest salad selection to a Pilgrims entrée and sides assortment. With fan-favorites, like roasted herb turkey, traditional stuffing and sweet potato casserole, as well as cultural twists, such as Southern-style mac & cheese or delicata squash with balsamic, there’s options for everyone to feast upon. Visitors can end the evening with a delicious choice of dessert, pumpkin pie, apple pie and other assorted sweet flavors. This exclusive menu with be available on Thursday, November 28, from 4 – 9 p.m. The price for the festive buffet is $75++ for adults and $35++ for children under 12 years old. Interested guests can secure elusive reservations via email at restaurant.reservations@boceanfortlauderdale.com.
South Florida families seeking a laid-back, beachfront ambiance this Thanksgiving can celebrate with a festive buffet at Embassy Suites by Hilton Deerfield Beach Resort & Spa’s reimagined signature dining destination, Beach Terrace Restaurant. Feast on holiday favorites, including a carving station with roast turkey, honey-glazed ham, and roast beef, delicious sides, a variety of salads, seafood, and desserts, while sipping on a complimentary glass of Berteletti wine. This exclusive menu will be available on Thursday, November 28, from 1:00 p.m. – 6:00 p.m. The price of this festive buffet is $65 per adult and $32 for children ages 10 and under, with discounted valet parking available at the resort for $7. Guests can make a reservation on OpenTable here.
Families and guests who find themselves in beautiful city-centric Fort Lauderdale this Thanksgiving can indulge in a three-course prix fixe menu at Embassy Suites by Hilton Fort Lauderdale 17th Street’s signature dining destination, The E Spot Restaurant & Bar. This exclusive menu boasts many holiday favorites, including seasonal greens with poached Anjou pears, candied walnuts, and raspberry vinaigrette, followed by slow-roasted turkey with organic carrots, Yukon mashed potatoes, focaccia stuffing and cranberry sauce. And of course, no Thanksgiving dinner is complete with a slice of decadent pumpkin pie, served with whipped cream and fruit coulis. This special menu will be available on Thursday, November 28, from 12:00 p.m. – 9:00 p.m., starting at $45 per person. Guests can make a reservation by calling or texting the restaurant at (954) 526-6677.
Miami locals and guests can anticipate to indulge in Thanksgiving favorites all weekend long at Hilton Cabana Miami Beach Resort’s signature dining destination, Allison Restaurant & Bar. From November 28 through December 1, guests and locals alike can savor a special all-day menu, featuring unique twists on seasonal favorites that capture the flavors of fall. Menu highlights include a cranberry turkey quesadilla with sweet cranberry sauce, roasted turkey breast, caramelized onions, and smoked gouda cheese and Hawaiian turkey sliders with Hawaiian rolls, roasted turkey, grilled pineapple, cranberry sauce, pepper jack cheese, and crispy onions. Those dining on Thanksgiving Day can enjoy an exclusive three-course dinner available for $40 per person. For reservations or questions, text (786) 350-3333.
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Explore exclusive hotel residences for rent in NYC and Miami, offering 5-star services, breathtaking views, and world-class amenities. Rent luxury from The Mark, Four Seasons, and Setai.
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