Market Insights for Miami Beach Luxury Homes For Sale

As of 05-15-2024

For Sale

  • Active For Sale117
  • Average Price$19,361,624
  • Average Price / Sqft$3,050
  • Average Days on Market211
  • Largest Price Reduction$12,500,000
  • Largest Price Increase$9,500,000

Pending Sales

  • Pending For Sale16
  • Average Price$25,843,438
  • Average Price / Sqft$3,088
  • Average Days on Market203
  • Largest Price Reduction$8,000,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)33
  • Average Price$12,162,165
  • Average Price / Sqft$2,151
  • Average Days on Market188
  • Largest Price Reduction$8,500,000
  • Largest Price Increase$0

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
1835 W 27th St
SUNSET ISLANDS-ISLAND NO
$26,477,100 $29,750,000 $3,272,900 (-11%) 9,984 $2,652 8 / 9 / 1 2024-05-13
235 E San Marino Dr
SAN MARINO ISLAND
$9,000,000 $9,000,000 $0 (0%) 3,324 $2,708 3 / 2 / 0 2024-05-13
6525 Allison Rd
INDIAN CREEK SUB
$8,180,000 $9,500,000 $1,320,000 (-13.89%) 3,558 $2,299 7 / 7 / 0 2024-05-08
40 Palm Ave
PALM ISLAND
$40,000,000 $48,500,000 $8,500,000 (-17.53%) 14,930 $2,679 8 / 9 / 4 2024-05-08
416 W San Marino Dr
SAN MARINO ISLAND
$23,083,816 $29,000,000 $5,916,184 (-20.4%) 0 0 5 / 6 / 1 2024-05-08
621 86th St
BISCAYNE BEACH
$3,350,000 $4,200,000 $850,000 (-20.24%) 2,105 $1,591 4 / 3 / 0 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
Address Not Available
$10,700,000 $12,900,000 $2,200,000 (-17.05%) 5,506 $1,943 6 / 6 / 1 2024-04-30
1355 Marseille Dr
NORMANDY WATERWAY SUB
$4,500,000 $4,500,000 $0 (0%) 3,271 $1,376 5 / 4 / 0 2024-04-30
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
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
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
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
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
Address Not Available
$3,900,000 $4,175,000 $275,000 (-6.59%) 2,363 $1,650 4 / 3 / 0 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
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
100 W San Marino Dr
SAN MARINO ISLAND
$22,500,000 $22,900,000 $400,000 (-1.75%) 5,165 $4,356 5 / 7 / 0 2024-03-01
1470 Cleveland Rd
BISCAYNE POINT
$3,000,000 $3,486,000 $486,000 (-13.94%) 2,397 $1,252 4 / 3 / 0 2024-03-01
4530 Prairie Ave
NAUTILUS ADDN
$5,000,000 $5,399,000 $399,000 (-7.39%) 3,610 $1,385 5 / 4 / 0 2024-02-23
901 Stillwater Dr
BISCAYNE BEACH-2ND ADDN
$3,250,000 $3,250,000 $0 (0%) 2,565 $1,267 4 / 3 / 0 2024-02-13
5141 Pine Tree Dr
BEACH VIEW SUB
$9,375,000 $10,300,000 $925,000 (-8.98%) 6,250 $1,500 5 / 6 / 0 2024-02-12
2201 Sunset Dr
SUNSET ISLANDS ISLAND NO
$16,500,000 $19,999,000 $3,499,000 (-17.5%) 5,209 $3,168 5 / 5 / 1 2024-01-17

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 90
98 La Gorce Cir
LA GORCE ISLAND-SUB OF
$67,000,000 $8,000,000 (-10.67%) 12,807 $5,232 7 / 10 / 3 529
320 S Hibiscus Dr
HIBISCUS ISLAND
$33,500,000 $4,000,000 (-10.67%) 7,818 $4,285 7 / 7 / 1 195
4521 Pine Tree Dr
INDIAN BEACH CORP AMD PL
$27,900,000 $2,000,000 (-6.69%) 8,500 $3,282 6 / 7 / 1 422
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 601
2770 Sunset Dr
SUNSET ISLANDS-ISLAND NO
$22,900,000 $0 (0%) 5,161 $4,437 6 / 5 / 0 160
700 Lakeview Dr
LAKE VIEW SUB
$15,600,000 $0 (0%) 6,069 $2,570 7 / 7 / 2 41
205 N Hibiscus Dr
HIBISCUS ISLAND
$15,500,000 $1,000,000 (-6.06%) 3,488 $4,444 5 / 4 / 0 168
6350 Allison Rd
INDIAN CREEK SUB
$13,500,000 $2,495,000 (-15.6%) 5,082 $2,656 5 / 5 / 1 240
5655 Pine Tree Dr
Beach View
$11,600,000 $250,000 (-2.11%) 5,907 $1,964 6 / 8 / 1 93
1220 S Biscayne Point Rd
BISCAYNE POINT
$11,500,000 $1,000,000 (-8%) 5,423 $2,121 6 / 6 / 0 285
1031 W 48th St
4701 NORTH MERIDIAN CONDO
$10,950,000 $0 (0%) 0 0 4 / 4 / 1 147
5681 Pine Tree Dr
BEACH VIEW SUB
$9,990,000 $1,910,000 (-16.05%) 6,458 $1,547 8 / 6 / 2 56
325 E San Marino Dr
SAN MARINO ISLAND
$9,950,000 $0 (0%) 3,226 $3,084 4 / 3 / 1 89
290 S Hibiscus Dr
HIBISCUS ISLAND
$9,500,000 $0 (0%) 1,792 $5,301 3 / 4 / 0 49
1200 Bay Dr
OCEANSIDE SEC ISLE OF NOR
$6,500,000 $0 (0%) 3,407 $1,908 4 / 4 / 0 42
1825 Daytonia Rd
BISCAYNE POINT
$4,445,000 $975,000 (-17.99%) 5,228 $850 5 / 4 / 0 197

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
1470 Daytonia Rd
BISCAYNE POINT
$36,000,000 $26,999,000 $9,001,000 (-25%) 14,060 $1,920 7 / 8 / 2 146
5718 N Bay Rd
La Gorce Golf
$52,500,000 $40,000,000 $12,500,000 (-23.81%) 7,767 $5,150 7 / 8 / 2 205
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 / 0 349
277 N Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$9,800,000 $7,900,000 $1,900,000 (-19.39%) 2,608 $3,029 5 / 5 / 1 218
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 / 1 744
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 / 0 132
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 / 1 229
1825 Daytonia Rd
BISCAYNE POINT
$5,420,000 $4,445,000 $975,000 (-17.99%) 5,228 $850 5 / 4 / 0 197
672 S Shore Dr
NORMANDY GOLF COURSE
$9,100,000 $7,500,000 $1,600,000 (-17.58%) 5,239 $1,432 5 / 5 / 1 306
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 601
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 93
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 / 1 782
1040 S Shore Dr
NORMANDY GOLF COURSE
$5,850,000 $4,900,000 $950,000 (-16.24%) 5,647 $868 6 / 5 / 1 285
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 56
6350 Allison Rd
INDIAN CREEK SUB
$15,995,000 $13,500,000 $2,495,000 (-15.6%) 5,082 $2,656 5 / 5 / 1 240
508 W Dilido Dr
DI LIDO ISLAND
$23,500,000 $19,950,000 $3,550,000 (-15.11%) 5,501 $3,627 4 / 4 / 1 232
1500 W 23rd St
SUNSET ISLANDS-ISLAND NO
$33,000,000 $28,500,000 $4,500,000 (-13.64%) 6,011 $4,741 6 / 6 / 1 166
4810 N Bay Rd
NAUTILUS SUB
$26,000,000 $22,500,000 $3,500,000 (-13.46%) 6,884 $3,268 6 / 5 / 1 703
250 W San Marino Dr
SAN MARINO ISLAND
$22,900,000 $19,900,000 $3,000,000 (-13.1%) 4,434 $4,488 3 / 3 / 1 121
5310 N Bay Rd
LA GORCE GOLF SUB
$31,500,000 $27,500,000 $4,000,000 (-12.7%) 8,540 $3,220 6 / 8 / 1 132
5401 Pine Tree Dr
BEACH VIEW SUB
$16,900,000 $14,900,000 $2,000,000 (-11.83%) 5,950 $2,504 5 / 6 / 1 97
98 La Gorce Cir
LA GORCE ISLAND-SUB OF
$75,000,000 $67,000,000 $8,000,000 (-10.67%) 12,807 $5,232 7 / 10 / 3 529
320 S Hibiscus Dr
HIBISCUS ISLAND
$37,500,000 $33,500,000 $4,000,000 (-10.67%) 7,818 $4,285 7 / 7 / 1 195
1485 Cleveland Rd
BISCAYNE POINT
$15,500,000 $13,875,000 $1,625,000 (-10.48%) 5,600 $2,478 6 / 6 / 1 104
970 S Shore Dr
NORMANDY GOLF COURSE
$5,250,000 $4,700,000 $550,000 (-10.48%) 3,016 $1,558 4 / 4 / 1 236
369 N Hibiscus Dr
HIBISCUS ISLAND
$16,000,000 $14,350,000 $1,650,000 (-10.31%) 8,216 $1,747 9 / 11 / 0 484
6494 Allison Rd
INDIAN CREEK SUB
$39,000,000 $34,999,000 $4,001,000 (-10.26%) 7,719 $4,534 6 / 8 / 1 91
235 N Shore Dr
NORMANDY GOLF COURSE
$5,000,000 $4,490,000 $510,000 (-10.2%) 2,503 $1,794 3 / 2 / 0 79
214 W San Marino Dr
SAN MARINO ISLAND
$19,800,000 $17,800,000 $2,000,000 (-10.1%) 3,756 $4,739 4 / 5 / 1 198
1800 Daytonia Rd
BISCAYNE POINT
$15,000,000 $13,500,000 $1,500,000 (-10%) 5,037 $2,680 7 / 7 / 1 68
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