MIAMI — Mavens of the local real estate scene gathered in Miami on Wednesday with a gleam in their eyes. The night before, voters had cast ballots in an election that some brokers and developers speculated could fuel demand for South Florida property.

The Miami mayoral election? Nope. The one 1,300 miles north, in New York City.

“That seems to be all that people are talking about this morning,” said Stuart Elliott, the editor-in-chief and CEO of The Real Deal, a national real estate publication, which hosted the forum Wednesday.

From the moment that Zohran Mamdani won the Democratic primary for New York City mayor in June, real estate circles from Miami to Palm Beach have been aflutter. Would the election of a democratic socialist drive more wealthy New Yorkers south?

South Florida has

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