South Florida's luxury real estate market is set for growth through 2026, driven by wealth migration and international investment. In 2025, 361 properties sold above $10 million, with strong demand for waterfront estates and branded residences. Domestic buyers from high-tax states and foreign investors, especially from Latin America and Europe, fuel this trend. Limited waterfront supply and high-end developments support price resilience, with forecasted annual growth around 3%. The market is now a stable, globally relevant luxury hub.
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