Downtown Miami is the central business and financial district of South Florida, but recently it has started to make a comeback as a residential hub. As the heart of the city, Downtown includes the neighborhoods of Brickell, Virginia Key, Watson Island and the Port of Miami. This area is most well-known as the home of many major banks, financial headquarters, shopping and dining opportunities, and other cultural and tourist attractions.

Recently though, condominiums have been springing up all over the downtown area in an attempt to revitalize the area, especially on evenings and weekends, by keeping commuters Downtown instead of fleeing to the suburbs at the end of the workday. Downtown Miami has undergone a radical transformation, turning the area into more than just a place people have to work from nine to five.

Where once stood empty surface lots and crumbling buildings, new soaring residential structures have emerged. Although Downtown remains a key place for business in Miami, it has also become the solution for many people who would rather not waste time in the car commuting to work, giving them the ability to live and work in the same neighborhood.

As of 2009 there were approximately 60,000 year-round residents in the Downtown Miami area, including the neighborhood of Brickell. Along with Brickell, the Downtown area is considered the fastest growing neighborhood in Miami, with an estimated 550 new residents to move to the Downtown area every month as of February 2010. In fact, census projections indicate that the area’s residential base has increased from 40,000 to 60,000 since 2000, with more than 10,000 residents expected over the next six years.This is a significant change since 2000, where the population of Downtown Miami residents was between 11,243 and 13,932, with 6,397 households and 2,633 families residing in the city. Recently, the average listing price for homes for sale in Downtown Miami is $1,121,780.

Most people who choose to live in Downtown Miami do so because of the locations convenience to almost anything. Apartments in downtown Miami are located right in the heart of things, making this a good spot for those who like to be close to the action.

Miami Beach is a city located in Southeast Florida that sits on a 7.1 square mile island between Biscayne Bay and the Atlantic Ocean. The city is most well-known as one of the most popular tourist destinations in the U.S., with millions of people flocking to its white-sandy beaches each year. But in recent years the city has began to evolve into more than just a spot to lay out and soak up the sun. Many people have different reasons for moving to Miami Beach, whether it is for the almost-always sunny skies, the array of entertainment and nightlife, or the city’s diverse culture.

Because the city offers a truly diverse setting, where people from all walks of life congregate and choose to live, there is a wide range of available real estate properties to choose from. Miami Beach a little bit of something for everyone, from locations from the ocean to the bay, and structures from small apartments to seaside mansions.

More recently, Miami Beach has grown into a trend-setting, arts and entertainment capital, largely due to the refurbishment of the city’s Art Deco Historic District. This area of Miami Beach now offers tourists and locals alike a lively and diverse night-life, outdoor cafes and restaurants and shopping along Ocean Drive, Lincoln Road, and Washington Avenue.

Real estate properties in this South Beach district encompass 16 blocks of Miami Beach. The upgrades to the properties in the Art Deco Historic District have dramatically improved the property market in the city. These properties have changed from old conventional low-rise units to larger, more luxurious and stylish high-rise Miami Beach condos. These new condos have prices starting at $300,000 and ranging up to $5 million.

The properties in the Art Deco Historic District are surrounded by more than 800 buildings that include hotels, restaurants and apartment buildings, which have stimulated the revival of this historic neighborhood. This area of Miami Beach attracts residents that include celebrities and socialites, baby-boomers, trendy singles, and young families who enjoy the urban lifestyle and appreciate the convenient location that is just a short walk to local beaches, stores, clubs and restaurants.

In addition to the Art Deco Historic District, Miami Beach offers many other choices of real estate that caters to various budgets. The city offers sprawling bungalows with all the modern amenities, large condominiums, luxurious villas that feature amazing views of the ocean, beach-front houses that are able to accommodate families, and charming townhouses that still retain some of Miami Beach’s old world appeal. Overall, Miami Beach offers housing to suit every wallet. The median value of a house in Miami Beach ranges from $235, 300 to as much as $1,145,100.

If you are looking to move, Miami Beach could be the perfect place for you. For high-end buyers, the South Beach area of Miami Beach and the Millionaire’s Row in Mid-Beach are ideal real estate destinations. For more budget-conscious buyers, the Surfside area of Miami Beach offers great, affordable houses that have not seen an increase in property tax rates for more than a decade. There is also the Bal Harbor area that is stylish and offers a variety of charming low-rise apartments, luxurious high-rise condos, as well as various gated communities. An up-and-coming neighborhood in Miami Beach is the Sunny Isles Beach area where construction has been underway offering a variety of new apartments to choose from.

Miami Beach has always been the favored destination for vacationing in Florida. It is among one of the most cosmopolitan and pulsating locations to live in the United States. Famous resorts, hotels, trendy cafes, restaurants, beachfront homes and luxurious condos dot the area. A lot of famous personalities such as the Hollywood A- listers as well as fashion models can be found sunning on Miami’s beautiful palm fringed sandy beaches or simply enjoying themselves playing beach volleyball. It is little wonder that Miami Beach is highly rated by both the natives as well as the tourists.

If you’re thinking of spending your vacation in Miami Beach you might want to consider purchasing or renting a Miami Beach condo or a South Beach condo as an accommodation. Both the South Beach condos as well as the Miami Beach condos have gained popularity over the past few years.

The residents of the South Beach and Miami Beach condos are exposed to a vibrant mix of cultural activities and special amenities. The residents can sample the pulsating nightlife, gorge on the fabulous food offered by the world famous restaurants, or pamper themselves by indulging in some high quality retail therapy by visiting some of the best shopping establishments that the city has to offer.

When you go shopping for a condo in Miami Beach, you might like to take a look at the North side area, especially focusing on Bal Harbor or the Deco Drive. These are some of the busiest locations in the whole of Miami Beach today. Apart from the premium condos, the area is also famous for its trendy cafes, nightclubs and Art Deco styled hotels. The beach itself is the main highlight of the area.

A look into the South Beach real estate or the Miami Beach real estate will help you locate a condo that not only fits in your budget but also matches with your lifestyle preferences.