MIAMI—Real estate, tourism and hospitality are largely driving Miami's economic growth. So says the Bilzin Sumberg New Miami Investment Survey:

Close to 60% of respondents see investment pouring into real estate over the next 12 to 18 months, with condominium homes (33%) and multifamily rentals (38%) being the most attractive assets. Of survey respondents, 13% attribute growth to the hospitality and leisure sectors, with 73% of respondents believing current conditions for tourism to be better than they were a year ago.

On another front, individual investors dominate South Florida investment. Forty-eight percent of respondents believe that individual investors will serve as the primary source of investment over the next 12 to18 months.