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Luxury properties Photo by iAlicante Mediterranean Homes on Unsplash

Alex Daguer possesses more than 15 years of experience managing real estate transactions and has sold billions of dollars in property since 2015. As the head of one of the largest private real estate firms in Miami, Alex Daguer specializes in high-end and prestigious properties in South Beach and the surrounding neighborhoods.

A recent report by Knight Frank Wealth named Miami as the fastest growing luxury real estate market in the U.S. and the 5th fastest growing worldwide. Some of the main drivers fueling this growth include:

1. Lifestyle. Aside from stunning beaches and a vibrant nightlife, Miami is developing a reputation as a cultural capital. The city is home to world-class museums, international festivals, and one of the busiest international airports in the nation.

2. International Demand. Florida edges out California and Texas for the highest percentage of foreign property buyers. Miami's eclectic culture has made it a desirable vacation destination for people around the world. As a result, many foreign buyers look to Miami for second or third homes.

3. Opportunity. Even with all that Miami has to offer, its property market is still considered up-and-coming, which makes real estate an ideal investment. Furthermore, since the state doesn't impose a personal income tax, Miami will continue to attract buyers from other states, which will keep the market stable.

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Drivers of the Miami Luxury Real Estate Market

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Alex Daguer possesses more than 15 years of experience managing real estate transactions and has sold billions of dollars in property since 2015. As the head of one of the largest private real estate firms in Miami, Alex Daguer specializes in high-end and prestigious properties in South Beach and the surrounding neighborhoods.

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Alex Daguer Real Estate specializes in luxury homes in the Miami Beach area. This channel was created to exclusively show all of the great things about the M...

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Priciest Listings Miami | South Florida Luxury Real Estate

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Priciest Listings Miami | South Florida Luxury Real Estate

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Priciest home listings in the tri-county area this week

Ranged from $3.3 million to nearly $36 million

The top three most expensive listings to hit each of the tri-county real estate markets - Miami-Dade, Broward and Palm Beach - over the past week ranged from nearly $3.3 million to nearly $36 million, according to Zillow data. Miami Beach had the priciest property and a home in Fort Lauderdale was on the low end.
Miami-Dade Palm Beach Broward
#1 For $6.2 million, you can buy your very own "sky residence" in Hollywood: this 5,086-square-foot penthouse, located at 2711 South Ocean Drive, has ultra-modern style and is furnished by designer Steven G. Unit 4002 has five bedrooms, six-and-a-half bathrooms, custom lighting and Italian marble. Julian Cohen of Coldwell Banker has the listing, which is being offered turn-key.

#2 The two-story home at 2832 Northeast 24th Place in Fort Lauderdale has hit the market with a price tag of $4.69 million. Described in its listing as "custom built," the home has five bedrooms, five-and-a-half bathrooms, marble floors and granite countertops. Some of its more notable features include a fully equipped movie theater and a glass-domed cathedral ceiling. Alex Bruno of Re/Max Executive Realty has the listing.

A waterfront house off of East Las Olas Boulevard in Fort Lauderdale was just listed for sale at #3 $3.295 million. The home, built in 1999, is at 137 Nurmi Drive. It has six bedrooms, six bathrooms, 100 feet of canal frontage and an outdoor pool. Giancarlo Cuffia of Engel & Volkers has the listing.

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Priciest home listings in the tri-county area this week

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Clockwise from left: 212 West Dilido Drive, 710 North Ocean Boulevard, 9440 West Broadview Drive and 190 Palm Avenue The top three most expensive listings to hit each of the tri-county real estate markets - Miami-Dade, Broward and Palm Beach - over the past week ranged from nearly $3.3 million to

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Birdman Miami House | Bryan Williams Birdman Miami

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Birdman Miami House | Bryan Williams Birdman Miami

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Birdman wants to cash out on his Palm Island manse for $20M

Rapper bought the house in 2011 from Rockstar Energy Drink founder for $14.25M

Rapper and producer Bryan "Birdman" Williams is looking to cash out on his Palm Island mansion.

The Cash Money Records co-founder is listing his waterfront Miami Beach home at 70 Palm Avenue for $20 million, The Real Deal has learned. His record label is home to artists like Drake, Nicki Minaj and Lil Wayne, who's been listing his La Gorce mansion for two years. Bankrate pegs Williams' net worth at about $180 million.

Williams bought the house in 2011 from Rockstar Energy Drink founder Russell Weiner for $14.25 million, and spent millions renovating the 20,000-square-foot mansion, said listing agent Brett Harris of Douglas Elliman. Alex Daguer of Fortune International Realty is co-listing the Williams' home.

Records show the seven-bedroom, 12-bathroom house sits on a 0.7-acre lot. The property includes about 100 feet of water frontage with a dock for a 100-foot yacht, a volleyball court, movie theater, chef's kitchen, two wine cellars, a pool, and a summer kitchen with a pizza oven, Harris said. Williams upgraded the master bedroom by combining three bedrooms on the top floor and it now spans about 3,500 square feet, according to Daguer.

The mansion, which was built in 2004, was designed and furnished by Mendez Vela Design. It includes a four-car garage and a two-car garage.

"You can't replace that square footage because of the new code. It's almost unheard of in Miami unless you're on a much larger piece of land," Daguer said.

Harris represented Weiner in the 2011 sale, and also in his $20 million purchase of 2920 North Bay Road in July. Tomi Rose represented Williams in the 2011 purchase of 70 Palm Avenue, she said.

The rapper is looking to downsize, Harris said. "It's too much home for him," he said. "We're actively pursuing other properties [in South Florida] for him now."

So far, he's shown the Palm Island property to Saudi nationals and Chinese buyers, and will list it on the MLS on Monday.

Williams isn't the only producer to have lived at 70 Palm. Record producer Scott Storch, a former The Roots keyboardist, lost the house to foreclosure in 2010.

A similarly sized mansion nearby at 73 Palm Island is on the market for $29 million.

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Birdman wants to cash out on his Palm Island manse for $20M

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Rapper and producer Bryan "Birdman" Williams is looking to cash out on his Palm Island mansion. The Cash Money Records co-founder is listing his waterfront Miami Beach home at 70 Palm Avenue for $20 million, The Real Deal has learned.

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These Amazing Miami Properties Make the Ultimate Bachelor Pads

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These Amazing Miami Properties Make the Ultimate Bachelor Pads

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These Amazing Miami Properties Make the Ultimate Bachelor Pads

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Ten bedrooms, 12 baths, 15,000 square feet-sound familiar? Many luxury properties on the market now were built to hold an army of Miamians. But in honor of our October Men's issue, we scoured the local real estate scene for the most out-of-this-world properties that a Miami bachelor would love to have all to himself.