Mid-Beach is a Miami Beach section that covers the north of 23rd Street and the Indian Creek and south of 63rd Street and Surprise Lake. New developments of its historic properties make Mid-Beach among the up and coming neighborhoods in Miami that can rival its nearby South Beach community.
It encompasses the neighborhoods of Bayshore, Oceanfront, and Nautilus and is accessible through its main road, 41st Street.
In 2008, restoration of Fontainebleau resort triggered the interest of property developers to invest in restoring most of the 1950s properties in Mid-Beach.
Eden Roc will undergo renovation to give way to Chef Nobu Matsuhisa and Robert De Niro’s Nobu Hotels.
A newly constructed Thompson Miami Beach hotel was the result of the 1940s Hotel Victor renovation beautifully blending the midcentury-modern architecture with Art-Deco style. The tower features 380 rooms, chef-grade restaurant, and a spacious pool deck.
Property developer Alan Faena is working on the restoration of historic buildings built along the Collins Avenue starting from 32nd to 36th streets. The development will create upscale condominiums, luxurious hotels, and cultural centers, which will give birth to Miami Beach Faena District.
The completion of Faena District will surely boost property valuation in the neighborhood. Home buyers are now shifting their interest to investing in Mid-Beach condos.
