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Josh Stein Realtor - Miami Beach Condos and Homes

Miami, Florida, is best known for its beaches, nightlife, and hot weather. But the city is also experiencing an unprecedented real estate boom, with prices rising faster than almost any other major city in the United States.

However, some experts say that climate change may soon put the brakes on Miami’s growth. A recent study found that rising sea levels in Miami could make parts of the city uninhabitable by the end of the century, in part to increased flooding and rising sea levels. In the next 30 years, the sea levels could go up by 15%, making it more difficult for people to live in the coastal areas.

Despite this, real estate developers continue to build new Miami luxury condos and pre-construction projects throughout Miami. Most buyers are not going to hold onto thier property for 50 years and are confident that they will be able to sell their properties before the effects of climate change take hold. And as long as prices continue to rise, there is no reason for them to stop buying.

Josh Stein of the Miami-based luxury real estate company, Josh Stein Realtor, was recently interviewed by BBC World News to discuss how real estate is still booming despite the effects of climate change in Florida and other coastal areas around the world.

“The real estate market right now is absolutely booming. It’s probably the craziest real estate market we’ve ever had in the history of Miami,” said Mr. Stein.

He also noted how Miami offers features and amenities that cannot be found in other major cities. While climate change may make parts of the city uninhabitable in years to come, people are still drawn to its beaches, culture, and nightlife. According to Mr. Stein, some homeowners do ask about the impact of climate change on their particular property before they buy it. Still, it has yet to have a significant effect on the market.

“People do talk about it. It comes up in conversations, especially for Miami waterfront homes and Miami Beach condos. Still, we’re talking long-term stuff down the road, and it’s not impacting people’s decisions to buy now.”

The real estate boom in Miami is not expected to end anytime soon. Despite the talks of climate change, prices of Miami real estate continue to rise.

Real estate properties have also adapted to the market climate. The rise in sea levels has created a new market for properties that are elevated and have features to combat flooding.

Mangroves, which are act as a natural buffer against storms and floods, are being replanted to protect new developments, especially near water.

Miami is also taking the necessary precautions to combat the effects of climate change, but it has yet to stop the real estate boom. As long as developers continue to build and prices rise, Miami’s growth is expected to continue.

  • NEIGHBORHOODS

    > MIAMI LUXURY CONDOS
    Pre-Construction Condos (*)

    > Aventura
    - Artech Residences
    - Bellamare
    - Bellini Williams Island
    - Echo Aventura
    - Hamptons South
    - Hidden Bay
    - The Peninsula
    - Porto Vita
    - Prive Island

    > Bal Harbour
    - Bellini Bal Harbour
    - Harbour House
    - Majestic Tower
    - Oceana Bal Harbour
    - One Bal Harbour
    - The Palace at Bal Harbour
    - St. Regis Bal Harbour
    - Tiffany of Bal Harbour

    > Bay Harbor Islands
    - Ambienta *
    - Bay Harbor One
    - Bijou Bay Harbor
    - Kai at Bay Harbor
    - La Baia Bay Harbor *
    - Le Nautique
    - Onda Residences *
    - Riva Bay Harbor
    - Sereno Residences

    > Belle Isle
    - Belle Plaza
    - Belle Tower
    - Costa Brava
    - Grand Venetian
    - Island Terrace
    - Nine Island
    - Terrace Towers
    - The Vistas

    > Brickell
    - Baccarat Residences Miami *
    - Brickell Flatiron
    - Bristol Tower
    - Cipriani Residences Miami *
    - The Club at Brickell Bay
    - Echo Brickell
    - Four Seasons Residences
    - Icon Brickell
    - Infinity at Brickell
    - Jade at Brickell Bay
    - Lofty Brickell *
    - Reach Brickell City Centre
    - Rise Brickell City Centre
    - Santa Maria
    - SLS Lux
    - Smart Brickell Tower *
    - St. Regis Residences Brickell *
    - Una Residences *
    - W Brickell

    > Brickell Key
    - Asia
    - Carbonell
    - Three Tequesta Point

    > Coconut Grove
    - Cloisters on the Bay
    - Grove at Grand Bay
    - Grovenor House
    - Grove Isle
    - Mr. C Residences *
    - Park Grove
    - Residences at Vizcaya
    - Vita Residences Grove Isle *

    > Coral Gables
    - Gables Club Tower I
    - Gables Club Tower II
    - Gables on the Green
    - Merrick Manor

    > Downtown Miami
    - 501 First Residences *
    - 900 Biscayne Bay
    - Aston Martin Residences *
    - Casa Bella by B&B Italia *
    - The Crosby at MWC *
    - The District *
    - E11even Hotel & Residences *
    - Epic Residences
    - Legacy Residences *
    - Marina Blue
    - Marquis Residences
    - Natiivo Miami *
    - Okan Tower *
    - One Thousand Museum
    - Paramount Worldcenter
    - Ten Museum Park
    - Waldorf Astoria Miami *

    > Edgewater
    - 729 Edge *
    - 1800 Club
    - Aria on the Bay
    - Aria Reserve Miami *
    - Biscayne Beach
    - Elysee
    - Gran Paraiso
    - Icon Bay
    - Missoni Baia *
    - One Paraiso
    - Onyx on the Bay
    - Paraiso Bay
    - Paramount Bay

    > Fisher Island
    - Bayside Village
    - Oceanside
    - Palazzo Della Luna
    - Palazzo Del Mare
    - Palazzo Del Sol
    - Villa Del Mare

    > Hallandale Beach
    - 2000 Ocean
    - The Beach Club
    - Beachwalk
    - Oasis Hallandale *
    - Ocean Marine

    > Hollywood
    - Apogee Beach
    - Hyde Beach
    - Trump Hollywood

    > Key Biscayne
    - 101 Key Biscayne
    - Grand Bay Residences
    - Oceana Key Biscayne

    > Miami Beach
    - 57 Ocean
    - Akoya
    - Aman Residences *
    - Aqua Miami Beach
    - The Bath Club
    - Beach House 8
    - Blue & Green Diamond
    - The Caribbean
    - The Carillon
    - Edition Residences
    - Eighty Seven Park
    - Faena House
    - Fontainebleau II & III
    - L'Atelier Miami Beach
    - Mei
    - Monaco Yacht Club *
    - Mosaic
    - The Perigon *
    - Ritz Carlton Residences
    - Terra Beachside Villas

    > Midtown Miami
    - Hyde Midtown
    - Midblock
    - Midtown 2
    - Midtown 4
    - The Standard Residences *

    > North Bay Village
    - 360 Condos
    - The Bridgewater
    - Cielo on the Bay
    - Eloquence on the Bay
    - Space 01

    > South Beach
    - 1 Hotel & Homes
    - 321 Ocean
    - 350 Meridian
    - 1000 Venetian
    - 1111 Residences
    - 1500 Ocean Drive
    - Apogee South Beach
    - Artecity
    - Bentley Bay
    - Capri South Beach
    - Continuum South Beach
    - The Cosmopolitan
    - The Courts
    - Five Park Miami Beach *
    - The Floridian
    - Glass Miami Beach
    - Grand Venetian
    - Icon South Beach
    - Il Villaggio
    - Louver House
    - Marea
    - Monad Terrace
    - Mondrian South Beach
    - Murano Grande
    - Murano at Portofino
    - Ocean House
    - Ocean Park South Beach *
    - Ocean Place
    - One Ocean
    - Palau Sunset Harbour
    - Portofino Tower
    - Rosewood Residences *
    - Setai South Beach
    - South Pointe Towers
    - Sunset Harbour
    - Ten30 South Beach
    - Three Hundred Collins
    - W South Beach
    - Waverly South Beach
    - The Yacht Club

    > Sunny Isles Beach
    - 400 Sunny Isles
    - Acqualina Residences
    - Aurora*
    - Bentley Residences *
    - Chateau Beach Residences
    - Estates at Acqualina *
    - Jade Beach
    - Jade Ocean
    - Jade Signature
    - Mansions at Acqualina
    - Muse Residences
    - Parque Towers
    - The Pinnacle
    - Porsche Design Tower
    - Regalia
    - Residences by Armani Casa
    - Ritz Carlton Residences
    - St. Regis Sunny Isles *
    - Trump International
    - Trump Palace
    - Trump Royale
    - Trump Towers I, II, III
    - Turnberry Ocean Club
    - Turnberry Ocean Colony

    > Surfside
    - Arte Surfside
    - Azure
    - Fendi Chateau Residences
    - The Surf Club Four Seasons
    - The Waves

    > MIAMI BEACH ART DECO
    > South Beach
    - The Aloha
    - The Fontana
    - The Netherland
    - Tribeca East
    - Tribeca West
    - Vanderbilt
    - Villa Lucca

    > MIAMI LOFTS
    > Arts District/ Edgewater
    - 250 Wynwood
    - Parc Lofts
    - Star Lofts
    - Uptown Lofts
    - Wynwood Lofts
    - The Yorker Lofts

    > Miami Beach
    - Vilamur Lofts
    - Vilasol Lofts
    - Vilazul Seaside Lofts

    > Normandy Isles
    - Bay View Lofts

    > North Bay Village
    - Space 01

    > South Beach
    - 7 Townhomes
    - Absolut Lofts
    - Alliage Lofts
    - El Cyclon
    - Flats Off Lincoln
    - Fountainhead
    - Ilona Lofts
    - Industry Lofts
    - The Jefferson
    - Lofts at South Beach
    - Lunamar
    - Manhattan Lofts
    - Meridian 5 Lofts
    - The Meridian
    - Montclair Lofts
    - Sobe Bay
    - Sundance Lofts

    > Upper Eastside
    - Bank Lofts

    > MIAMI LUXURY HOMES
    - Allison Island
    - Altos del Mar
    - Bal Harbour
    - Bay Harbor Islands
    - Bay Point Estates
    - Coconut Grove
    - Coral Gables
    - Gables Estates
    - Golden Beach
    - Hibiscus and Palm Islands
    - Indian Creek Island
    - Journey's End
    - Key Biscayne
    - La Gorce Island
    - Miami Beach
    - Miami Shores
    - Normandy Isles
    - North Bay Road
    - Pinecrest
    - Pine Tree Drive
    - Star Island
    - Sunset Islands
    - Surfside
    - Tahiti Beach
    - Venetian Islands

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