Miami, FL Foreclosed Homes & Properties

Foreclosure Homes for Sale in Miami, FL: Everything You Need to Know

Miami has many interesting places for visitors and locals alike to enjoy. To help plan out your trip and narrow down some attractions, we have provided some highly rated suggestions for "must-see" attractions. 

If you’re looking to hit the waves, head to the famous South Beach or Crandon Park, the best beaches in Florida. In the mood for touring and sight-seeing? Check out the Villa Vizcaya Museum and Gardens built in the 1920s with an Italian Renaissance style that will leave you speechless.  

Little Havana is a Cuban American community where you can find authentic Cuban cuisine, music, and heritage. Calle Ocho is the street where all the action happens, and you can feel the spirit of the Cuban culture.  

For amazing art displays, the Wynwood Walls is at the top of the list. This collection of street art is an enormous exhibition of murals painted by over 50 artists from all over the world. The exciting part is that these paintings change frequently; therefore, you can revisit time after time. 

A Strong Job Market 

Tourism is the top industry in Miami, FL. The beautiful tropical weather brings visitors year-round, and a lot of money is made by hotels, restaurants, retailers, and any business that has a hand in the bustling nightlife. Other significant industries in Miami are Finance, Media and Telecommunications, International Trade, and Agriculture.  

Three Fortune 500 companies have headquarters in Miami, including World Fuel Services (No. 83), Lennar (No. 154), and Ryder System (No. 363). Miami’s top employers are the Miami-Dade County Public Schools (33,477 employees), the University of Miami (14,604), Baptist Health South Florida (14,000), and American Airlines (11,353). 

Workers make an average annual salary of $62,000 or $17.40 an hour. This is an increase of .4% in the first quarter of 2020. In March the unemployment rate was 3.7%.

Shopping in Miami 

Miami’s street style is hip and fresh, and its nightlife wear is sexy and lux. To keep up with these trends, visit the hottest shopping areas in the city. Lincoln Road Mall is a shopping mecca full of entertainment and restaurants. This eight-block shopping mall includes mainstream stores as well as independently owned shops.  

Want to drop some serious cash on anything lux? The uber-chic Miami Design District can provide you with many high-end boutiques, hip new restaurants, and many top-designer stores to splurge on. For a more lax yet sophisticated shopping experience, head to Coral Gables. Visit places such as the Miracle Mile, the Shops at Merrick Park, and the famous Bridal Row.  

If you are in town for longer than a few days and need to do some groceries, visit these stores that are preferred amongst the locals: Marky's, Whole Foods Market, and Milam's Market.  Well-known supermarkets like Walmart, Costco, Winn-Dixie, and Publix are also popular.

Miami’s Climate 

The reason for high tourism numbers throughout the entire year in Miami is due to the wonderful year-round tropical climate. However, you may want to consider the season based on the activities you will be doing when in town. The high summer temperatures average 89°F, and the winter lows are around 61°F. Rain is seen 129 days out of the year, on average, accumulating 59 inches total. Hurricanes, tropical storms, tornadoes, wildfires, and floods are also frequent.