Market Insights for Miami Beach

As of 05-03-2024

For Sale

  • Active For Sale341
  • Average Price$10,364,541
  • Average Price / Sqft$2,068
  • Average Days on Market171
  • Largest Price Reduction$40,500,000
  • Largest Price Increase$9,500,000

Pending Sales

  • Pending For Sale55
  • Average Price$10,388,891
  • Average Price / Sqft$1,713
  • Average Days on Market161
  • Largest Price Reduction$8,000,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)101
  • Average Price$5,360,162
  • Average Price / Sqft$1,297
  • Average Days on Market221
  • Largest Price Reduction$7,150,000
  • Largest Price Increase$126,000

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
4433 N Bay Rd
NAUTILUS SUB
$4,550,000 $4,895,000 $345,000 (-7.05%) 3,534 $1,287 3 / 3 / 1 2024-05-02
650 S Shore Dr
NORMANDY GOLF COURSE
$3,225,000 $3,475,000 $250,000 (-7.19%) 2,286 $1,411 4 / 3 / 0 2024-05-02
2000 N Bay Rd
SUNSET LAKE
$14,000,000 $15,385,000 $1,385,000 (-9%) 5,706 $2,454 4 / 4 / 1 2024-04-29
1417 N Venetian Way
SAN MARCO
$23,900,000 $27,500,000 $3,600,000 (-13.09%) 8,242 $2,900 6 / 6 / 1 2024-04-25
394 S Hibiscus Dr
HIBISCUS ISLAND
$15,375,000 $17,000,000 $1,625,000 (-9.56%) 0 0 0 / 0 / 0 2024-04-24
244 W San Marino Dr
SAN MARINO ISLAND
$8,898,888 $10,900,000 $2,001,112 (-18.36%) 2,732 $3,257 4 / 4 / 0 2024-04-22
5300 N Bay Rd
LA GORCE GOLF SUB
$16,118,750 $19,999,000 $3,880,250 (-19.4%) 5,552 $2,903 5 / 7 / 0 2024-04-19
1321 Biarritz Dr
OCEANSIDE SEC ISLE OF NOR
$900,000 $999,999 $99,999 (-10%) 0 0 0 / 0 / 0 2024-04-16
575 Fairway Dr
NORMANDY GOLF COURSE
$1,475,000 $1,590,000 $115,000 (-7.23%) 2,692 $548 5 / 3 / 0 2024-04-15
4219 Sheridan Ave
ORCHARD SUB NO 4
$1,635,000 $1,685,000 $50,000 (-2.97%) 1,719 $951 3 / 2 / 0 2024-04-15
5454 Pine Tree Dr
BEACH VIEW SUB
$7,700,000 $7,900,000 $200,000 (-2.53%) 6,828 $1,128 9 / 8 / 1 2024-04-12
5180 La Gorce Dr
BEACH VIEW SUB
$4,570,000 $4,700,000 $130,000 (-2.77%) 3,911 $1,168 4 / 3 / 1 2024-04-11
6635 Windsor Ln
LA GORCE ISLAND
$4,600,000 $4,990,000 $390,000 (-7.82%) 0 0 0 / 0 / 0 2024-04-11
6445 Allison Rd
INDIAN CREEK SUB
$16,000,000 $17,450,000 $1,450,000 (-8.31%) 7,000 $2,286 6 / 7 / 2 2024-04-11
1310 Cleveland Rd
BISCAYNE POINT
$2,250,000 $2,500,000 $250,000 (-10%) 1,656 $1,359 3 / 2 / 0 2024-04-05
5860 La Gorce Dr
BEACH VIEW ADDN
$3,325,000 $3,499,000 $174,000 (-4.97%) 2,592 $1,283 3 / 3 / 0 2024-04-04
8080 Hawthorne Ave
BISCAYNE POINT
$1,525,000 $1,399,000 $126,000 (9.01%) 2,077 $734 4 / 2 / 0 2024-04-03
4505 N Michigan Ave
NAUTILUS EXTENSION 4TH
$3,200,000 $3,450,000 $250,000 (-7.25%) 2,257 $1,418 4 / 4 / 0 2024-04-03
855 Stillwater Dr
BISCAYNE BEACH-2ND ADDN
$3,000,000 $3,680,000 $680,000 (-18.48%) 1,530 $1,961 3 / 2 / 0 2024-04-01
1350 Stillwater Dr
BISCAYNE BEACH-2ND ADDN
$4,700,000 $4,700,000 $0 (0%) 3,225 $1,457 4 / 4 / 1 2024-04-01
1323 Cleveland Rd
BISCAYNE POINT
$1,090,000 $1,200,000 $110,000 (-9.17%) 2,011 $542 3 / 2 / 0 2024-03-29
1480 Stillwater Dr
BISCAYNE BEACH-2ND ADDN
$3,825,000 $4,200,000 $375,000 (-8.93%) 2,385 $1,604 3 / 2 / 1 2024-03-25
1405 Normandy Dr
OCEANSIDE SEC ISLE OF NOR
$900,000 $889,000 $11,000 (1.24%) 1,572 $573 3 / 3 / 0 2024-03-25
120 Venetian Way
RIVO ALTO AMD
$2,950,000 $3,290,000 $340,000 (-10.33%) 3,124 $944 5 / 3 / 0 2024-03-20
Address Not Available
$3,900,000 $4,175,000 $275,000 (-6.59%) 2,363 $1,650 4 / 3 / 0 2024-03-20
2385 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$2,759,000 $2,999,999 $240,999 (-8.03%) 2,196 $1,256 3 / 2 / 1 2024-03-20
6415 Allison Rd
INDIAN CREEK SUB
$8,800,000 $9,400,000 $600,000 (-6.38%) 3,546 $2,482 6 / 4 / 0 2024-03-18
1725 Biarritz Dr
ISLE OF NORMANDY MIAMI VI
$1,025,000 $1,200,000 $175,000 (-14.58%) 1,823 $562 3 / 2 / 0 2024-03-18
1109 Biarritz Dr
OCEANSIDE SEC ISLE OF NOR
$899,000 $899,000 $0 (0%) 1,855 $485 3 / 2 / 0 2024-03-18
4416 Alton Rd
NAUTILUS SUB
$2,060,000 $2,099,000 $39,000 (-1.86%) 2,242 $919 4 / 3 / 1 2024-03-18

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
18 La Gorce Cir
LA GORCE ISLAND
$132,000,000 $0 (0%) 0 0 12 / 16 / 9 78
98 La Gorce Cir
LA GORCE ISLAND-SUB OF
$67,000,000 $8,000,000 (-10.67%) 12,807 $5,232 7 / 10 / 3 517
1835 W 27th St
SUNSET ISLANDS-ISLAND NO
$29,750,000 $0 (0%) 9,984 $2,980 8 / 9 / 1 98
416 W San Marino Dr
SAN MARINO ISLAND
$29,000,000 $0 (0%) 6,357 $4,562 5 / 6 / 1 575
4521 Pine Tree Dr
INDIAN BEACH CORP AMD PL
$27,900,000 $2,000,000 (-6.69%) 8,500 $3,282 6 / 7 / 1 410
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$24,900,000 $5,100,000 (-17%) 0 0 0 / 0 / 0 591
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 589
2770 Sunset Dr
SUNSET ISLANDS-ISLAND NO
$22,900,000 $0 (0%) 5,161 $4,437 6 / 5 / 0 148
700 Lakeview Dr
LAKE VIEW SUB
$15,600,000 $0 (0%) 6,069 $2,570 7 / 7 / 2 29
Address Not Available
$12,900,000 $3,100,000 (-19.38%) 5,506 $2,343 6 / 6 / 1 113
1220 S Biscayne Point Rd
BISCAYNE POINT
$11,500,000 $1,000,000 (-8%) 5,423 $2,121 6 / 6 / 0 273
1031 W 48th St
4701 NORTH MERIDIAN CONDO
$10,950,000 $0 (0%) 0 0 4 / 4 / 1 135
1475 Collins Ave
ALTON BEACH 1ST SUB
$10,500,000 $0 (0%) 0 0 0 / 0 / 0 455
325 E San Marino Dr
SAN MARINO ISLAND
$9,950,000 $0 (0%) 3,226 $3,084 4 / 3 / 1 77
290 S Hibiscus Dr
HIBISCUS ISLAND
$9,500,000 $0 (0%) 1,792 $5,301 3 / 4 / 0 37
6525 Allison Rd
INDIAN CREEK SUB
$9,500,000 $1,000,000 (-9.52%) 3,558 $2,670 7 / 7 / 0 241
2051 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$7,350,000 $0 (0%) 3,575 $2,056 4 / 5 / 1 25
2932 Prairie Ave
MID GOLF SUB 1ST ADDN
$7,350,000 $0 (0%) 5,725 $1,284 6 / 7 / 0 44
1200 Bay Dr
OCEANSIDE SEC ISLE OF NOR
$6,500,000 $0 (0%) 3,407 $1,908 4 / 4 / 0 30
7830 Atlantic Way
ALTOS DEL MAR NO 1
$5,595,000 $0 (0%) 3,623 $1,544 3 / 3 / 1 294
5959 La Gorce Dr
BEACH VIEW ADDN
$5,390,000 $0 (0%) 4,394 $1,227 5 / 5 / 0 257
115 1st Rivo Alto Ter
RIVO ALTO AMD
$4,750,000 $720,000 (-13.16%) 2,743 $1,732 3 / 3 / 1 157
5245 N Bay Rd
LA GORCE GOLF SUB
$4,750,000 $0 (0%) 2,925 $1,624 4 / 4 / 1 226
1355 Marseille Dr
NORMANDY WATERWAY SUB
$4,500,000 $0 (0%) 3,271 $1,376 5 / 4 / 0 73
1825 Daytonia Rd
BISCAYNE POINT
$4,445,000 $975,000 (-17.99%) 5,228 $850 5 / 4 / 0 185
621 86th St
BISCAYNE BEACH
$4,200,000 $0 (0%) 2,105 $1,995 4 / 3 / 0 105
5801 Alton Rd
LA GORCE GOLF SUB
$3,900,000 $490,000 (-11.16%) 3,701 $1,054 3 / 3 / 1 88
3103 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$3,800,000 $300,000 (-7.32%) 3,805 $999 5 / 5 / 0 172
1545 Meridian Ave
LINCOLN SUB
$3,590,000 $405,000 (-10.14%) 3,196 $1,123 5 / 4 / 0 147
2464 Prairie Ave
MID GOLF SUB
$3,400,000 $450,000 (-11.69%) 0 0 0 / 0 / 0 345

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
1081 W 48th St
Ritz Carlton Residences
$13,900,000 $9,980,000 $3,920,000 (-28.2%) 0 0 4 / 4 / 1 332
1445 16th St
CAPRI SOUTH BEACH CONDO
$750,000 $550,000 $200,000 (-26.67%) 0 0 0 / 0 / 0 47
5431 Alton Rd
LA GORCE SUB
$2,990,000 $2,199,000 $791,000 (-26.45%) 2,836 $775 4 / 3 / 1 255
1470 Daytonia Rd
BISCAYNE POINT
$36,000,000 $26,999,000 $9,001,000 (-25%) 14,060 $1,920 7 / 8 / 2 134
5250 Alton Rd
LA GORCE GOLF SUB
$3,050,000 $2,295,000 $755,000 (-24.75%) 3,015 $761 4 / 3 / 0 101
5718 N Bay Rd
La Gorce Golf
$52,500,000 $40,000,000 $12,500,000 (-23.81%) 7,767 $5,150 7 / 8 / 2 193
3166 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$15,990,000 $12,600,000 $3,390,000 (-21.2%) 6,434 $1,958 6 / 7 / 0 337
2701 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$9,995,000 $7,950,000 $2,045,000 (-20.46%) 3,794 $2,095 6 / 6 / 1 81
Address Not Available
$16,000,000 $12,900,000 $3,100,000 (-19.38%) 5,506 $2,343 6 / 6 / 1 113
206 W San Marino Dr
SAN MARINO ISLAND
$14,750,000 $11,900,000 $2,850,000 (-19.32%) 4,271 $2,786 5 / 4 / 1 732
206 W San Marino Dr
SAN MARINO ISLAND
$14,750,000 $11,900,000 $2,850,000 (-19.32%) 0 0 0 / 0 / 0 731
205 Fairway Dr
NORMANDY GOLF COURSE
$2,290,000 $1,850,000 $440,000 (-19.21%) 2,466 $750 4 / 3 / 0 94
7837 Atlantic Way
ALTOS DEL MAR NO 1
$21,500,000 $17,500,000 $4,000,000 (-18.6%) 0 0 0 / 0 / 0 133
7837 Atlantic Way
ALTOS DEL MAR NO 1
$21,500,000 $17,500,000 $4,000,000 (-18.6%) 2,293 $7,632 5 / 3 / 0 120
244 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$8,895,000 $7,250,000 $1,645,000 (-18.49%) 3,086 $2,349 4 / 2 / 1 217
244 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$8,895,000 $7,250,000 $1,645,000 (-18.49%) 0 0 0 / 0 / 0 217
93 Palm Ave
PALM ISLAND
$23,900,000 $19,500,000 $4,400,000 (-18.41%) 0 0 0 / 0 / 0 99
1825 Daytonia Rd
BISCAYNE POINT
$5,420,000 $4,445,000 $975,000 (-17.99%) 5,228 $850 5 / 4 / 0 185
672 S Shore Dr
NORMANDY GOLF COURSE
$9,100,000 $7,500,000 $1,600,000 (-17.58%) 5,239 $1,432 5 / 5 / 1 294
5715 N Bay Rd
LA GORCE GOLF SUB
$6,850,000 $5,650,000 $1,200,000 (-17.52%) 3,839 $1,472 4 / 4 / 1 309
1244 Michigan Ave
OCEAN BEACH ADDN NO 3
$4,600,000 $3,795,000 $805,000 (-17.5%) 3,295 $1,152 5 / 4 / 0 97
290 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$10,900,000 $9,000,000 $1,900,000 (-17.43%) 0 0 0 / 0 / 0 163
277 N Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$9,800,000 $8,100,000 $1,700,000 (-17.35%) 2,608 $3,106 5 / 5 / 1 206
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 589
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 0 0 0 / 0 / 0 591
527 E Dilido Dr
DI LIDO ISLAND
$11,900,000 $9,950,000 $1,950,000 (-16.39%) 3,398 $2,928 4 / 4 / 0 81
3110 N Bay Rd
SUNSET LAKE SUB AMD PL
$29,750,000 $24,900,000 $4,850,000 (-16.3%) 7,107 $3,504 6 / 6 / 1 770
1040 S Shore Dr
NORMANDY GOLF COURSE
$5,850,000 $4,900,000 $950,000 (-16.24%) 5,647 $868 6 / 5 / 1 273
5681 Pine Tree Dr
BEACH VIEW SUB
$11,900,000 $9,990,000 $1,910,000 (-16.05%) 6,458 $1,547 8 / 6 / 2 44
1800 Jefferson Ave
PALM VIEW SUB
$4,990,000 $4,199,000 $791,000 (-15.85%) 3,281 $1,280 4 / 4 / 0 241
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