Miami

"In the market, we are witnessing a tipping point as the growing technology sector matures into a true global tech hub," said CBRE's Josh Bank.

"Condos will more than likely be selling at close to list prices, very much like single-family homes are today," Craig Studnicky, president of RelatedISG Realty, said.

The investment firm buys garden-style communities in Las Vegas, Tampa and Salt Lake City.

"Had I listened to the bankers who laughed at me or called me crazy 20 years ago when I went to their offices to seek financing to develop my first project along the Miami River, I would not be where I am today. I believed in myself more than anyone did and if I was going to bet on someone, I was going to bet on myself."

Attorney Luis Flores, managing partner of Saul Ewing Arnstein & Lehr's Miami office, has more than $250 million in financing deals in the pipeline.

"Broward County hasn't had quite as much benefit from migration from the Northeast as both Dade and Palm Beach counties had, which seem to be mostly tech-related and finance," Rod Loschiavo, executive managing director at Colliers International, said.

In the second quarter, there was 248,000 square feet of positive absorption, pushing the vacancy rate down 10 basis points.

There's huge investor demand to buy existing, vacant or income-producing land in South Florida, according to Colliers' Steve Wasserman.