Since 2001, 67 people in Miami-Dade County became millionaires by selling their home.
Investing in real estate has been considered one surefire way to become a millionaire, specifically purchasing a home then selling it later for a higher cost.
PropertyShark conducted a study to figure out just how many people actually became a millionaire by buying and selling property.
PropertyShark looked at homebuyers who purchased homes before 2001 for under $1 million and then sold their homes after 2001 for $1 million or more. The results ranked the top 25 cities around the U.S. based on how many many millionaires they added since the turn of the century. Although, because some cities tied, the data compares 31 cities.
Two Florida cities in Miami-Dade county made the list. Miami ranked No. 20 with 37 millionaires and Miami Beach followed close behind at No. 23 with 30 millionaires added since 2001.
San Francisco topped the list at No. 1 with 381 millionaires added to city since 2001 by selling their homes. Manhattan, No. 2, was the only other city to add more than 300 millionaires.
