Under the radar pocket markets in South Florida are becoming hotspots for buyers and developers.
Hallandale Beach has one of the fastest growing populations in Broward County. Currently, the population is 40,000 but the city says it anticipates its population to grow by 30 percent over the next five years.
“This is midpoint. You have Miami Airport, Fort Lauderdale Airport,” Shahab Karmely, CEO of Kar Properties said.
Hallandale Beach has found itself in the middle of a real estate boom. Developers say they see the area as underdeveloped and a place for opportunity.
“I came across this just sleepy beautiful stretch of beaches, not crazy,” Karmely said.