Florida's real estate market flexes its muscles

Florida's developing status as a commercial hotspot for property developers has been underlined by the launch of a new magazine aimed at the flourishing industry.

Real Estate Forum will go on sale across the state, with industry leaders and those interested in commercial real estate set for a series of meetings with the backers of the new publication.

Major transactions in the state will be examined, as well as property performance data and other legal and tax issues.

One area in Florida currently attracting property developers interest is the new construction marina community in the Florida Keys.

Currently under construction, the Marlin Bay Yacht Club is just one of the properties in the region attracting interest, albeit with a large price tag.

With properties priced at up to $4.5 million (£2.31 million) on the luxury site, the developers say they are looking to capitalise on the region's popularity, adding that prospective owners could see for themselves the "benefits of owning real estate in a luxury marina community".

Florida is among the most popular tourist destinations in the world, boasting an array of attractions including DisneyWorld.

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