Market Insights for Miami Beach

As of 04-29-2024

For Sale

  • Active For Sale346
  • Average Price$10,547,698
  • Average Price / Sqft$2,066
  • Average Days on Market171
  • Largest Price Reduction$40,500,000
  • Largest Price Increase$9,500,000

Pending Sales

  • Pending For Sale50
  • Average Price$11,290,300
  • Average Price / Sqft$1,768
  • Average Days on Market166
  • Largest Price Reduction$8,000,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)117
  • Average Price$5,184,243
  • Average Price / Sqft$1,292
  • Average Days on Market243
  • 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
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
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
4647 Pine Tree Dr
INDIAN BEACH CORP AMD PL
$21,150,000 $24,900,000 $3,750,000 (-15.06%) 12,791 $1,654 9 / 10 / 3 2024-03-12
4411 Pine Tree Dr
FLAMINGO BAY SUB NO 1
$16,000,000 $17,995,000 $1,995,000 (-11.09%) 12,761 $1,254 10 / 10 / 3 2024-03-12
2957 Flamingo Dr
FLAMINGO TERRACE SUB
$10,500,000 $11,850,000 $1,350,000 (-11.39%) 5,568 $1,886 7 / 6 / 2 2024-03-08
Address Not Available
$6,920,000 $8,300,000 $1,380,000 (-16.63%) 3,795 $1,823 7 / 5 / 0 2024-03-06

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 74
98 La Gorce Cir
LA GORCE ISLAND-SUB OF
$67,000,000 $8,000,000 (-10.67%) 12,807 $5,232 7 / 10 / 3 513
1835 W 27th St
SUNSET ISLANDS-ISLAND NO
$29,750,000 $0 (0%) 9,984 $2,980 8 / 9 / 1 94
416 W San Marino Dr
SAN MARINO ISLAND
$29,000,000 $0 (0%) 6,357 $4,562 5 / 6 / 1 571
4521 Pine Tree Dr
INDIAN BEACH CORP AMD PL
$27,900,000 $2,000,000 (-6.69%) 8,500 $3,282 6 / 7 / 1 406
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$24,900,000 $5,100,000 (-17%) 0 0 0 / 0 / 0 587
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 585
2770 Sunset Dr
SUNSET ISLANDS-ISLAND NO
$22,900,000 $0 (0%) 5,161 $4,437 6 / 5 / 0 144
700 Lakeview Dr
LAKE VIEW SUB
$15,600,000 $0 (0%) 6,069 $2,570 7 / 7 / 2 25
2000 N Bay Rd
SUNSET LAKE
$15,385,000 $2,465,000 (-13.81%) 5,706 $2,696 4 / 4 / 1 84
Address Not Available
$12,900,000 $3,100,000 (-19.38%) 5,506 $2,343 6 / 6 / 1 109
1220 S Biscayne Point Rd
BISCAYNE POINT
$11,500,000 $1,000,000 (-8%) 5,423 $2,121 6 / 6 / 0 269
1031 W 48th St
4701 NORTH MERIDIAN CONDO
$10,950,000 $0 (0%) 0 0 4 / 4 / 1 131
1475 Collins Ave
ALTON BEACH 1ST SUB
$10,500,000 $0 (0%) 0 0 0 / 0 / 0 451
325 E San Marino Dr
SAN MARINO ISLAND
$9,950,000 $0 (0%) 3,226 $3,084 4 / 3 / 1 73
290 S Hibiscus Dr
HIBISCUS ISLAND
$9,500,000 $0 (0%) 1,792 $5,301 3 / 4 / 0 33
6525 Allison Rd
INDIAN CREEK SUB
$9,500,000 $1,000,000 (-9.52%) 3,558 $2,670 7 / 7 / 0 237
2932 Prairie Ave
MID GOLF SUB 1ST ADDN
$7,350,000 $0 (0%) 5,725 $1,284 6 / 7 / 0 40
7830 Atlantic Way
ALTOS DEL MAR NO 1
$5,595,000 $0 (0%) 3,623 $1,544 3 / 3 / 1 290
5959 La Gorce Dr
BEACH VIEW ADDN
$5,390,000 $0 (0%) 4,394 $1,227 5 / 5 / 0 253
6635 Windsor Ln
LA GORCE ISLAND
$4,990,000 $85,000 (-1.67%) 0 0 0 / 0 / 0 118
4433 N Bay Rd
NAUTILUS SUB
$4,895,000 $100,000 (-2%) 3,534 $1,385 3 / 3 / 1 108
115 1st Rivo Alto Ter
RIVO ALTO AMD
$4,750,000 $720,000 (-13.16%) 2,743 $1,732 3 / 3 / 1 153
5245 N Bay Rd
LA GORCE GOLF SUB
$4,750,000 $0 (0%) 2,925 $1,624 4 / 4 / 1 222
1355 Marseille Dr
NORMANDY WATERWAY SUB
$4,500,000 $0 (0%) 3,271 $1,376 5 / 4 / 0 69
1825 Daytonia Rd
BISCAYNE POINT
$4,445,000 $975,000 (-17.99%) 5,228 $850 5 / 4 / 0 181
621 86th St
BISCAYNE BEACH
$4,200,000 $0 (0%) 2,105 $1,995 4 / 3 / 0 101
5801 Alton Rd
LA GORCE GOLF SUB
$3,900,000 $490,000 (-11.16%) 3,701 $1,054 3 / 3 / 1 84
3103 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$3,800,000 $300,000 (-7.32%) 3,805 $999 5 / 5 / 0 168
1545 Meridian Ave
LINCOLN SUB
$3,590,000 $405,000 (-10.14%) 3,196 $1,123 5 / 4 / 0 143

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 / 1 328
1445 16th St
CAPRI SOUTH BEACH CONDO
$750,000 $550,000 $200,000 (-26.67%) 0 0 0 / 0 / 0 43
5431 Alton Rd
LA GORCE SUB
$2,990,000 $2,199,000 $791,000 (-26.45%) 2,836 $775 4 / 3 / 1 251
1470 Daytonia Rd
BISCAYNE POINT
$36,000,000 $26,999,000 $9,001,000 (-25%) 14,060 $1,920 7 / 8 / 2 130
5250 Alton Rd
LA GORCE GOLF SUB
$3,050,000 $2,295,000 $755,000 (-24.75%) 3,015 $761 4 / 3 / 0 97
5718 N Bay Rd
La Gorce Golf
$52,500,000 $40,000,000 $12,500,000 (-23.81%) 7,767 $5,150 7 / 8 / 2 189
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 / 0 333
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 77
Address Not Available
$16,000,000 $12,900,000 $3,100,000 (-19.38%) 5,506 $2,343 6 / 6 / 1 109
205 Fairway Dr
NORMANDY GOLF COURSE
$2,290,000 $1,850,000 $440,000 (-19.21%) 2,466 $750 4 / 3 / 0 90
7837 Atlantic Way
ALTOS DEL MAR NO 1
$21,500,000 $17,500,000 $4,000,000 (-18.6%) 0 0 0 / 0 / 0 129
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 / 0 116
93 Palm Ave
PALM ISLAND
$23,900,000 $19,500,000 $4,400,000 (-18.41%) 0 0 0 / 0 / 0 95
1825 Daytonia Rd
BISCAYNE POINT
$5,420,000 $4,445,000 $975,000 (-17.99%) 5,228 $850 5 / 4 / 0 181
672 S Shore Dr
NORMANDY GOLF COURSE
$9,100,000 $7,500,000 $1,600,000 (-17.58%) 5,239 $1,432 5 / 5 / 1 290
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 / 1 305
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 93
290 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$10,900,000 $9,000,000 $1,900,000 (-17.43%) 0 0 0 / 0 / 0 159
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 / 1 202
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 585
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 0 0 0 / 0 / 0 587
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 / 1 766
1040 S Shore Dr
NORMANDY GOLF COURSE
$5,850,000 $4,900,000 $950,000 (-16.24%) 5,647 $868 6 / 5 / 1 269
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 40
1800 Jefferson Ave
PALM VIEW SUB
$4,990,000 $4,199,000 $791,000 (-15.85%) 3,281 $1,280 4 / 4 / 0 237
6020 alton
LA GORCE GOLF SUB PB 14-43
$1,899,000 $1,599,000 $300,000 (-15.8%) 0 0 0 / 0 / 0 262
244 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$8,895,000 $7,499,000 $1,396,000 (-15.69%) 3,086 $2,430 4 / 2 / 1 213
244 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$8,895,000 $7,499,000 $1,396,000 (-15.69%) 0 0 0 / 0 / 0 213
6350 Allison Rd
INDIAN CREEK SUB
$15,995,000 $13,500,000 $2,495,000 (-15.6%) 5,082 $2,656 5 / 5 / 1 224
3478 Royal Palm Ave
ORCHARD SUB 2 & 3
$3,250,000 $2,750,000 $500,000 (-15.38%) 3,152 $872 4 / 3 / 1 55
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