With its exceptional cultural, leisure and architectural offerings, it’s no wonder Miami’s luxury real estate market is hotter than ever, and recently ranked the #2 top luxury market in the world.

“Luxury in Miami is booming” asserted Compass agent Carl Gambino. “The restaurant and art scenes have evolved to become very sophisticated, on par with the greatest cities across the globe.” Gambino represents high net worth clients from New York to the Hamptons to Los Angeles, and explains this is part of why many are shifting their residential sights south. “Compared to New York and LA, the luxury lifestyle in Miami is still relatively affordable. In LA, $20 million might buy you a teardown. In Miami, it likely affords you a stunning waterfront property. And you can’t forget Florida’s huge income tax savings. It’s a tax haven.” Gambino is currently representing 4400 Island Road. Its chic design, ultra-exclusive guarded community and private resort lifestyle has garnered strong interest from prospective buyers from coast to coast, many of whom are considering the home as their primary residence.

Miami is a coveted destination with a strong international appeal spanning the globe. Whether an exotically elegant escape from winter’s wrath or an opulent abode to savor year round, it’s the warm Miami sun’s moment to shine.