MIAMI BEACH - TROPICAL, YET URBAN

If you're considering the purchase of a condo hotel unit in Miami Beach, you might be interested to know:

The City of Miami Beach is a global center for the entertainment industry. Film, television, music, fashion, new media, and the performing arts make up the fastest-growing segments of the Miami Beach economy. Among the corporate participants are William Morris Agency, Tim/Warner Music International, Columbia TriStar International Television, Sony Music International, MTV Latin America, CBS International, Nickelodeon Latin America, Playboy TV International, Ford Models and Elite Models.

It's not just the weather! It's the warmth of its business climate. That's why hundreds of businesses relocate to this area every year and new businesses are continually being established.

Ideal for trade shows and conventions. Miami Beach offers everything necessary for a successful event: great weather, fantastic meeting spaces, entertainment and cultural venues. Currently being considered is the expansion of The Miami Beach Convention Center. The expansion would include a 60,000 square foot ballroom, expected to be complete by 2008. One of the reasons Miami Beach hotels and condo hotels do well is because of this area's ability to attract large groups for meetings, trade shows and conventions.

Over one billion dollars invested in hotels. Miami Beach's hotel product keeps expanding and improving. Big name franchises like Hyatt, Ritz-Carlton, Marriott, Four Seasons and Trump International are prominent. In recent years many historic hotels have been renovated including the Biltmore Hotel, the Doral Golf Resort and Spa, the Eden Roc Renaissance Resort & Spa, the Fontainebleau Hilton, Loews Miami Beach Hotel, and the Renaissance Miami Biscayne Bay Hotel. Rooms in Miami Beach's most luxurious properties run up to $1,000 a night.

Fast-selling condominium developments are hot! Miami Beach attracts snowbirds (people that live up north during the summer and down south in the winter), investors, retirees and second home buyers. Condominium developments with their panoramic waterfront views cater to affluent buyers and sell out quickly.

Retail districts abound. Extraordinary shopping centers and malls entice visitors from all over the world. Trendy retailers like Versace, Armani Exchange, Williams-Sonoma, Gap, Banana Republic, Ann Taylor Loft, Victoria's Secret, Benneton, and French Connection UK, all have a presence. In-store sales are as high as $1,500 per square foot. Local residents account for approximately 55% of all retail sales in Miami Beach.

Recreational activities. Miami Beach has seven miles of beaches, three golf courses and 20 public parks. It also is just minutes from Miami's new theme park, the 18-acre Parrot Jungle Island on Watson Island, offering indoor and outdoor entertainment with park views of colorful birds and tropical vegetation as well as a 14,000 square foot Treetop Ballroom for special events.

A prominent health care industry. Many world-renowned doctors and specialists grace the halls of Mount Sinai Medical Center and the Miami Heart Institute, the city's largest employer, and South Shore Hospital.

Cultural organizations. Miami Beach offers culture and the arts via the New World Symphony, the Miami City Ballet, the ArtCenter South Florida and the Bass Museum of Art. In nearby Miami, The Performing Arts Center is currently under construction and is expected to be completed in 2005. It would incorporate Miami's opera, ballet and symphony into a single venue that will also have the Infrastructure to accommodate meetings and conventions. The new center is expected to rival the Sydney Opera House.