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City of Miami Beach, South Beach after Hurricane Irma. Credit: Mia2you/Shutterstock.com. City of Miami Beach, South Beach after Hurricane Irma. Credit: Mia2you/Shutterstock.com.

Here’s some gloomy news to go with the start of hurricane season: Nearly 827,000 homes across South Florida are at risk from storm surge and collectively have a potential reconstruction value of $167 billion.

This ranks the region second in the U.S. after the New York City-Newark-Jersey City region as the most exposed to ocean water pushed inland by hurricane winds, a CoreLogic Inc. study found.

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Lidia Dinkova

Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.

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