This is the final part in a series about our beloved Miami!
Miami Gets Its Magic
While taking vacations in the Miami region be sure to include some of the historical neighborhoods to learn how Miami’s Magic thrives.
At the turn of the century, only around 1700 people lived in Miami and after a grand boom in population it was recorded as nearly 30,000 people. With arrival of so many people, real estate became a large need. Vacations weren’t needed in the area so much as permanent residence. In 1906, canals were dug and the everglades receded from three miles within the Bay to at least two miles further away.
During the days of the prohibition, Miami didn’t have rules against alcohol, so many tourists took vacations in the area to drink and gamble. This allowed for tons of business real estate to be built and skyrises began to dot the sky. By 1925, what is now known as the Greater Miami area was built.
Miami was hit by one of the worst hurricanes in history in 1926 and then there was the fall of the stock market and the depression. The hurricane wiped out the homes of around 50,000 people and the Great Depression wiped out the jobs of over 16,000 people. A conservation camp was the only real estate available to these people.
When World War II came, many jobs were brought to the area by the military. Miami was prime real estate for keeping watch on our Atlantic waters. There were definitely no vacations during this time as Miami became part of the Eastern Defense Command and the Seventh Naval District. Once the war was over, several members of the military stayed behind and settled in town.
During the 1950s through 1970s, many Cubans moved to Miami and by the 1980s, Haitians would seek real estate in the area. Neighborhoods would become Little Havana and Little Haiti. The ‘80s also brought Miami to be the capital of cocaine shipments in the States. The infamous "Miami Vice" gave many a glimpse into Miami at the time.
Today, Miami is thriving with visitors and real estate investors from all over the globe.
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