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Miami Beach Business Analysis

437 Words2 Pages

Real estate in Miami Beach, Florida.
Miami Beach is a coastal resort city and a barrier island in Miami-Dade County with radiant beaches and surrounded by parks, world-class dining, golf courses, arts and culture, and shopping. It has 7 square miles of dazzling sand and sun-dappled Atlantic, which marks one side of the city.
Samuel Strauch an avid investor in real estate businesses, consequently, he is deeply involved in this booming business of once, run down the south beach. Mr. Strauch did his undergraduate degree in business at Hofstra University - New York. He also completed studies from Harvard University - Cambridge, Massachusetts and Erasmus University - Rotterdam. This educational background has enabled him to have a solid base in business acumen, development, and management skills. He is the founder of the Metric real estate firm started in 2002 and president of Affinity international Realty firm. Through these firms, he has brilliantly put his business expertise and skills to great …show more content…

The Real estate survey (2016), indicated that international buyers bought more homes and residential properties in South Florida than the previous year. Moreover, diverse groups continue buying homes in south Florida. Over half of international home sales (52%) happen in Miami Fort Lauderdale West Palm Beach (NAR, 2016).
According to Miami and NAR reports (2016), 80 percent of all South Florida home sales took place in Dade County. Foreign buyers purchased residential properties worth $6.2 billion dollars in 2016 compared with 2015 whose sales totaled $6.1 billion dollars, thus international sales units increased from 22% to 24%. The biggest investors in South Florida' real estate are from Latin America, including Venezuela 15% Argentina 11%, Brazil and Colombia 10% each, Canada 6% and Mexico and France & Peru 4%, which accounts for 64 percent of total

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