Miami and Miami Beach Is Home to many of the world’s elite; business magnates, celebrities, athletes, entertainers and heads-of-state. The South Florida climate has much to do with South Florida’s popularity.

Waterway Realty's Weblog

BEST PRIVATE ISLANDS WITH MANSIONS FOR SALE IN MIAMI
Posted on August 10, 2014 by Kaya Wittenburg of SkyFive Properties

Out of all of the available mansions for sale in Miami, prime waterfront property on an exclusive private island is the ultimate in extravagance. The unprecedented surge in foreign investment into the real estate market of South Florida has brought with it an insatiable demand for incredible mansions on prime estates. Billionaires, celebrities and foreign dignitaries of all sorts have anointed trophy waterfront properties in Miami as being a must-have addition to any real estate portfolio of personal residences.

There are several core reasons why the elite are choosing the Magic City as a place to call home. Most notably, the lack of Florida state income tax is seen by many as an incredible incentive to name Florida as a primary residence. It’s a huge perk to literally get paid…

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