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Miami Beach

Why you'd want to live in Miami Beach

Over 7 miles of Beaches. 3 Golf Courses. 20 Parks. Art and Culture. Dining and Nightlife. World-Class Shopping. An island city of just 7.1 square miles that separates Biscayne Bay from the radiant blue waters of the Atlantic. Miami Beach is seen as a trend-setting arts and entertainment Mecca, and a shopping and cultural wonder by visitors, world travelers, celebrities and locals alike. Miami Beach has always been a tourist-friendly vacation hot spot, but the city offers so much more now. Miami Beach is no longer just a place to lay on the beach soaking up the sun, due to an economic boom that has sprung from the refurbishment of the Art Deco Historic District. From cafés, clubs and shopping along South Beach’s Ocean Drive, Lincoln Road, and Washington Avenue; the international hotels and restaurants of Collins Avenue and Middle Beach; to the re-emerging neighborhood in North Beach, Miami Beach offers visitors and residents a dazzling array of amenities to enjoy. via miamibeachfl.gov

Miami Beach Market Report

$2,256,336

AVERAGE PRICE OF 2,544 HOMES

$952,512

AVERAGE PRICE OF 12 DISTRESSED HOMES

$5,807,371

AVERAGE PRICE OF 871 MULTI-MILLION DOLLAR HOMES

$9,971,392

AVERAGE PRICE OF 80 NEWLY BUILT HOMES

$4,321,938

AVERAGE PRICE OF 520 HOMES WITH A POOL

$1,094,303

AVERAGE PRICE OF 72 REDUCED PRICE HOMES

Average Home

Average Price $2,256,336
Avg Bedrooms 1.81 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $517,321
2 bedrooms $1,192,292
3 bedrooms $2,378,327
4 bedrooms $4,997,670
5 bedrooms $7,133,757
Miami Beach Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 2,623 2,699 2,731 2,739 2,636
Average Price $2,459,715 $2,631,407 $2,764,564 $2,842,576 $2,871,677
Avg Price Change -6.98% -5.06% -2.82% -1.02% +0.51%
Median Price $600,592 $627,297 $650,259 $671,228 $659,018
Med Price Change -4.45% -3.66% -3.22% +1.85% +1.40%
Avg Bedrooms 1.86 beds 1.91 beds 1.94 beds 1.94 beds 1.95 beds
Avg Bathrooms 2.24 baths 2.3 baths 2.33 baths 2.33 baths 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach 531 $1,621,177 133 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,544 $2,256,336 162 days
Distressed Homes 12 $952,512 66 days
Multi-Million Dollar Homes 871 $5,807,371 170 days
Newly Built Homes 80 $9,971,392 180 days
Homes with a Pool 520 $4,321,938 195 days
Reduced Price Homes 72 $1,094,303 97 days
ONE Sotheby's International Realty
Vicky Molina Vitola
119 Washington Avenue, 102
Miami Beach, FL 33139
305-610-8813

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare ©2024 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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