💰Florida Tech Salaries Rise & Boca Raton Redevelopment!

Check out how Miami's wealth, culture, industry, and real estate is booming this week!

Happy Friday, Miami!

In this week’s update:

🚸 Miami-Dade Schools Plan Boundary Changes: Miami-Dade Schools is proposing boundary changes for 11 schools, with two potentially being repurposed next year due to declining public school enrollment. As private and charter schools grow, officials aim to balance student distribution and maximize resources.

💻 Florida Tech Salaries Surge Past National Average: Florida's average tech salary reached $116,939, surpassing national average. Florida ranks fifth for tech pay, following New York, California, Georgia, Virginia. AI skills can earn tech professionals 17.7% more than peers.

🏗️ Boca Raton Picks Terra & Frisbie for Redevelopment: Boca Raton City Council chooses Terra Group and Frisbie Group for redevelopment. Terra and Frisbie propose 2.5 million-square-foot mixed-use project. Related Ross ranked second, offering larger office space development.

In case you missed it

🎥 Everything NEW or Coming Soon to Miami in 2025

In this video, I will tell you everything new and coming soon to Miami in 2025! From big developments to skyline projects, this is how Miami will change next year!

🧑🏽‍💻 Tech Job Salaries on the Rise in the South, Including Florida

Driving the news: Tech industry salaries in Florida have hit a record high, with the state's average tech salary reaching $116,939 in 2024—up 12.1% from the previous year and surpassing the national average of $112,521.

Details:

  • Florida ranked fifth in the U.S. for tech industry pay, trailing only New York, California, Georgia, and Virginia.

  • The state was the only one to see double-digit salary growth, a sign of strong demand for tech professionals.

  • Manufacturing tech jobs saw a 15% salary increase nationwide, aligning with Florida’s fast-growing manufacturing sector.

  • AI, cloud computing, and cybersecurity skills continue to command premium salaries, with AI expertise offering an average $10,000 pay boost.

Why it matters: Florida’s rapid salary growth signals a thriving tech sector fueled by business-friendly policies and an influx of companies relocating from high-tax states. As tech salaries rise, the state becomes more attractive for talent looking for high pay and a lower cost of living compared to traditional tech hubs.

The big picture: While tech professionals in Florida are earning more, nearly 60% still feel underpaid as companies scale back benefits. Employers offering remote work flexibility and career development opportunities are more likely to attract top talent in 2025.

What’s next: With AI and digital transformation driving demand, Florida’s tech industry is positioned for continued expansion. Companies that prioritize competitive compensation and workplace flexibility will have an edge in hiring and retaining skilled professionals.

The bottom line: Florida is emerging as a major player in tech salaries, offering competitive pay in a fast-growing industry. For tech workers, the Sunshine State is proving to be a top destination for career growth.

Real Estate Insights

What to do this weekend

🛥️ Miami International Boat Show (February 12–16, 2025) – Explore luxury yachts, cutting-edge marine tech, and waterfront exhibits. Don’t miss the live demos and family-friendly activities. [Location: Miami Marine Stadium & Convention Center] / Tip: Use code "MIAMIGUIDE” for 10% off tickets!

🎨 Coconut Grove Arts Festival (February 15–17, 2025) – A vibrant outdoor festival featuring 360+ artists, live music, food trucks, and interactive art installations. Perfect for families and art lovers. [Location: Regatta Park, Coconut Grove]

🏎️ Miami Concours (February 16, 2025) – A luxury automotive showcase blending art, fashion, and rare cars. Features celebrity judges and VIP parties. [Location: Miami Design District]

🏓 Major League Table Tennis (February 14–16, 2025) – Watch elite players compete in fast-paced matches. Perfect for sports enthusiasts. [Location: Broward County Convention Center]

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Have a great weekend!!

-Joe