Florida, and South Florida in particular, is viewed as one of the worst real estate markets in the U.S., thanks to massive amounts of building and speculative buying. ranks among the worst in the nation.

Just as prices grew unrealistically high during the boom, we believe that the resulting crash is seeing prices declining to unrealistically low levels, often below replacement cost. This is creating an opportunity for tremendous capital appreciation for investors prepared to hold properties for two to five years or more. 13th Floor Investments seeks to capitalize on these opportunities.