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un‑lit, cloud‑free skies over South Florida’s calm blue waters set the stage for the Fort Lauderdale International Boat Show (FLIBS). The event, now in its 66th year, is the world’s largest in‑water boat show and draws visitors who often leave with more than just a new yacht. Many first‑time attendees, thinking they’re there to buy a boat, end up purchasing condos or homes, realizing the region’s lifestyle is unmatched elsewhere, said Mayor Dean Trantalis to Fox News Digital.
The show’s influence extends beyond the water. Daniel de la Vega, president of ONE Sotheby’s International Realty, highlighted unprecedented job growth and the influx of companies across diverse industries, fueling a broader migration to South Florida. Managing director Kurt Drstvensek of Related Group praised the state’s business‑friendly climate, pleasant weather, and welcoming people, predicting continued attraction of varied demographics and wealth. Jimmy Tate, CEO of Tate Capital, noted the event’s energy and demographic reach, with many buyers choosing to stay, making the show a catalyst for permanent residency.
FLIBS runs for five days, showcasing yachts, boats, accessories, and marine apparel. The city’s Downtown Development Authority released a “Fueled by Water” report revealing over $12 billion invested in waterfront projects last year, with 70 % of residents living within ten minutes of the water, supporting a $43 billion downtown economy. The yachting sector alone is valued at $36 billion. Mayor Trantalis estimated $800–$900 million in boat sales and related equipment during the weekend, plus significant condo and vehicle purchases, underscoring the event’s role in boosting local commerce.
“Fort Lauderdale is the boating capital of the world,” Tate added. “Yachts are kept at Bahia Mar year‑round, benefiting the economy, boat sellers, manufacturers, and the marine community.” De la Vega echoed this, noting that visitors who enjoy the show often become interested in real estate, leading to new investments or permanent homes. “They come to see yachts and end up buying real estate—an enormous win,” he said.
The city’s transformation is evident. Trantalis shared a story of a New York investment banker who, after experiencing the city’s paradise, relocated his entire staff and family to Fort Lauderdale. The mayor emphasized the region’s appeal to people from the Midwest, Northeast, and West Coast, citing affordability and economic opportunity as key draws.
Looking forward, leaders stress diversification beyond hospitality. Trantalis urged a shift toward career paths that allow residents to thrive independently. Drstvensek assured continued growth, noting that newcomers from across the country and the world are returning to their former homes, spreading word of Fort Lauderdale’s desirability. De la Vega concluded that the lifestyle experience and venues are the main drivers of South Florida’s aspiration for global communities.
