Market Insights for Miami Beach

As of 05-14-2024

For Sale

  • Active For Sale343
  • Average Price$10,185,393
  • Average Price / Sqft$2,069
  • Average Days on Market170
  • Largest Price Reduction$40,500,000
  • Largest Price Increase$9,500,000

Pending Sales

  • Pending For Sale52
  • Average Price$10,902,673
  • Average Price / Sqft$1,827
  • Average Days on Market160
  • Largest Price Reduction$8,000,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)113
  • Average Price$5,728,896
  • Average Price / Sqft$1,312
  • Average Days on Market219
  • Largest Price Reduction$8,500,000
  • 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
6465 Pine Tree Drive Cir
BEACH VIEW ADDITION
$9,875,000 $10,450,000 $575,000 (-5.5%) 4,642 $2,127 6 / 5 / 1 2023-12-27
2355 N Meridian Ave
MID GOLF SUB
$8,700,000 $9,750,000 $1,050,000 (-10.77%) 5,200 $1,673 5 / 6 / 1 2024-01-10
1974 Marseille Dr
ISLE OF NORMANDY MIAMI VI
$1,100,000 $1,340,000 $240,000 (-17.91%) 1,679 $655 5 / 5 / 1 2024-01-02
1070 N Shore Dr
NORMANDY GOLF COURSE
$1,325,000 $1,325,000 $0 (0%) 1,874 $707 3 / 2 / 0 2023-11-20
275 Fairway Dr
NORMANDY GOLF COURSE
$1,260,000 $1,600,000 $340,000 (-21.25%) 1,948 $647 4 / 3 / 0 2024-01-31
550 W 50th St
LAKE VIEW SUB
$2,000,000 $2,499,000 $499,000 (-19.97%) 2,465 $811 5 / 4 / 0 2023-12-15
235 S Hibiscus DR
HIBISCUS ISLAND
$7,550,000 $8,500,000 $950,000 (-11.18%) 5,928 $1,274 6 / 6 / 1 2023-12-13
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
4415 N Bay Rd
NAUTILUS SUB
$2,700,000 $2,995,000 $295,000 (-9.85%) 3,271 $825 4 / 5 / 0 2023-12-14
290 N Shore Dr
NORMANDY GOLF COURSE
$1,900,000 $1,975,000 $75,000 (-3.8%) 1,930 $984 3 / 2 / 1 2023-11-15
6371 N Bay Rd
BEACH VIEW ADDN
$3,025,000 $3,200,000 $175,000 (-5.47%) 3,203 $944 7 / 4 / 0 2023-12-22
1541 Calais Dr
NORMANDY WATERWAY SUB
$1,900,000 $1,999,000 $99,000 (-4.95%) 1,557 $1,220 4 / 2 / 0 2023-12-14
3190 Sheridan Ave
ORCHARD SUB NO 1
$2,025,000 $2,375,000 $350,000 (-14.74%) 3,384 $598 5 / 4 / 0 2024-01-05
4340 N Michigan Ave
NAUTILUS EXTENSION 3RD
$2,070,000 $2,580,000 $510,000 (-19.77%) 3,531 $586 3 / 3 / 1 2024-01-31
1366 Biarritz Dr
NORMANDY ISLE ESTATES
$1,250,000 $1,297,000 $47,000 (-3.62%) 2,332 $536 4 / 3 / 0 2024-01-08
5347 La Gorce Dr
BEACH VIEW SUB
$2,650,000 $2,995,000 $345,000 (-11.52%) 2,258 $1,174 4 / 4 / 0 2023-11-10
1384 S Venetian Way
SAN MARCO
$11,500,000 $12,900,000 $1,400,000 (-10.85%) 0 0 0 / 0 / 0 2023-11-17
5956 Pine Tree Dr
BEACH VIEW ADDN
$3,000,000 $3,390,000 $390,000 (-11.5%) 2,673 $1,122 5 / 4 / 1 2023-12-22
2908 Flamingo Dr
FLAMINGO TERRACE SUB
$4,000,000 $4,750,000 $750,000 (-15.79%) 4,480 $893 5 / 5 / 2 2023-11-08
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
3168 Prairie Ave
MID GOLF SUB 1ST ADDN
$3,200,000 $3,490,000 $290,000 (-8.31%) 5,846 $547 7 / 8 / 1 2023-11-28
Address Not Available
$6,920,000 $8,300,000 $1,380,000 (-16.63%) 3,795 $1,823 7 / 5 / 0 2024-03-06
270 N Shore Dr
NORMANDY GOLF COURSE
$1,400,000 $1,700,000 $300,000 (-17.65%) 1,724 $812 3 / 2 / 0 2024-02-06
64 La Gorce Cir
SUB OF LAGORCE ISLAND
$35,350,000 $42,500,000 $7,150,000 (-16.82%) 12,450 $2,839 6 / 6 / 3 2023-11-27
2935 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$3,400,000 $3,750,000 $350,000 (-9.33%) 2,130 $1,596 4 / 3 / 0 2024-01-31
3700 Royal Palm Ave
ORCHARD SUB 2 & 3
$2,450,000 $2,600,000 $150,000 (-5.77%) 4,126 $594 6 / 6 / 1 2024-02-20
4161 N Bay Rd
NAUTILUS SUB
$2,500,000 $2,695,000 $195,000 (-7.24%) 2,954 $846 4 / 5 / 0 2024-02-08
5201 La Gorce Dr
BEACH VIEW
$3,525,000 $3,885,000 $360,000 (-9.27%) 3,304 $1,067 5 / 4 / 0 2023-12-06
5225 N Bay Rd
LA GORCE GOLF SUB
$3,150,000 $3,495,000 $345,000 (-9.87%) 2,466 $1,277 4 / 4 / 1 2023-12-01

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 600
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$24,900,000 $5,100,000 (-17%) 0 0 0 / 0 / 0 602
98 La Gorce Cir
LA GORCE ISLAND-SUB OF
$67,000,000 $8,000,000 (-10.67%) 12,807 $5,232 7 / 10 / 3 528
1475 Collins Ave
ALTON BEACH 1ST SUB
$10,500,000 $0 (0%) 0 0 0 / 0 / 0 466
4521 Pine Tree Dr
INDIAN BEACH CORP AMD PL
$27,900,000 $2,000,000 (-6.69%) 8,500 $3,282 6 / 7 / 1 421
2464 Prairie Ave
MID GOLF SUB
$3,400,000 $450,000 (-11.69%) 0 0 0 / 0 / 0 356
7830 Atlantic Way
ALTOS DEL MAR NO 1
$5,595,000 $0 (0%) 3,623 $1,544 3 / 3 / 1 305
1220 S Biscayne Point Rd
BISCAYNE POINT
$11,500,000 $1,000,000 (-8%) 5,423 $2,121 6 / 6 / 0 284
675 S Shore Dr
NORMANDY GOLF COURSE
$1,299,000 $100,000 (-7.15%) 1,852 $701 3 / 2 / 0 280
5959 La Gorce Dr
BEACH VIEW ADDN
$5,390,000 $0 (0%) 4,394 $1,227 5 / 5 / 0 268
8225 Hawthorne Ave
BISCAYNE BEACH-3RD ADDN
$900,000 $0 (0%) 1,336 $674 3 / 2 / 0 251
2350 Prairie Ave
MID GOLF SUB
$2,595,000 $100,000 (-3.71%) 3,970 $654 5 / 3 / 1 246
6350 Allison Rd
INDIAN CREEK SUB
$13,500,000 $2,495,000 (-15.6%) 5,082 $2,656 5 / 5 / 1 239
5245 N Bay Rd
LA GORCE GOLF SUB
$4,750,000 $0 (0%) 2,925 $1,624 4 / 4 / 1 237
1825 Daytonia Rd
BISCAYNE POINT
$4,445,000 $975,000 (-17.99%) 5,228 $850 5 / 4 / 0 196
115 1st Rivo Alto Ter
RIVO ALTO AMD
$4,750,000 $720,000 (-13.16%) 2,743 $1,732 3 / 3 / 1 168
205 N Hibiscus Dr
HIBISCUS ISLAND
$15,500,000 $1,000,000 (-6.06%) 3,488 $4,444 5 / 4 / 0 167
1545 Meridian Ave
LINCOLN SUB
$3,590,000 $405,000 (-10.14%) 3,196 $1,123 5 / 4 / 0 158
4331 Alton Rd
NAUTILUS EXTENSION
$2,350,000 $125,000 (-5.05%) 2,922 $804 5 / 3 / 1 164
2770 Sunset Dr
SUNSET ISLANDS-ISLAND NO
$22,900,000 $0 (0%) 5,161 $4,437 6 / 5 / 0 159
920 W 47th St
NAUTILUS ADDN
$1,895,000 $0 (0%) 1,886 $1,005 3 / 2 / 0 147
1031 W 48th St
4701 NORTH MERIDIAN CONDO
$10,950,000 $0 (0%) 0 0 4 / 4 / 1 146
1785 Bay Dr
ISLE OF NORMANDY MIAMI VI
$1,099,000 $0 (0%) 0 0 0 / 0 / 0 119
4230 Royal Palm Ave
ORCHARD SUB NO 4
$1,799,000 $0 (0%) 1,446 $1,244 3 / 2 / 0 118
2210 Alton Rd
AMD PLAT OF SUNSET LAKE S
$3,200,000 $0 (0%) 3,663 $874 4 / 5 / 0 117
5801 Alton Rd
LA GORCE GOLF SUB
$3,900,000 $490,000 (-11.16%) 3,701 $1,054 3 / 3 / 1 99
1835 W 27th St
SUNSET ISLANDS-ISLAND NO
$29,750,000 $0 (0%) 9,984 $2,980 8 / 9 / 1 109
5250 Alton Rd
LA GORCE GOLF SUB
$2,295,000 $755,000 (-24.75%) 3,015 $761 4 / 3 / 0 112
622 86th St
BISCAYNE BEACH-2ND ADDN
$629,000 $10,000 (-1.56%) 1,080 $582 3 / 2 / 0 88
2375 N Meridian Ave
MID GOLF SUB
$3,250,000 $150,000 (-4.41%) 2,545 $1,277 4 / 4 / 0 92

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
432 S Hibiscus Dr
HIBISCUS ISLAND
$33,000,000 $30,000,000 $3,000,000 (-9.09%) 0 0 0 / 0 / 0 837
300 N Shore Dr
NORMANDY GOLF COURSE
$2,195,000 $1,995,000 $200,000 (-9.11%) 2,740 $728 4 / 4 / 1 806
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 / 1 781
535 W 51st St
LAKE VIEW SUB
$1,800,000 $1,700,000 $100,000 (-5.56%) 1,702 $999 3 / 2 / 0 771
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 / 1 743
206 W San Marino Dr
SAN MARINO ISLAND
$14,750,000 $11,900,000 $2,850,000 (-19.32%) 0 0 0 / 0 / 0 742
4810 N Bay Rd
NAUTILUS SUB
$26,000,000 $22,500,000 $3,500,000 (-13.46%) 6,884 $3,268 6 / 5 / 1 702
2456 Prairie Ave
MID GOLF SUB
$10,200,000 $9,800,000 $400,000 (-3.92%) 4,330 $2,263 6 / 6 / 0 701
7833 Atlantic Way
ALTOS DEL MAR NO 1
$26,500,000 $25,900,000 $600,000 (-2.26%) 6,249 $4,145 7 / 9 / 1 663
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 600
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 0 0 0 / 0 / 0 602
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 / 3 528
369 N Hibiscus Dr
HIBISCUS ISLAND
$16,000,000 $14,350,000 $1,650,000 (-10.31%) 8,216 $1,747 9 / 11 / 0 483
5840 N Bay Rd
LA GORCE GOLF SUB
$33,900,000 $29,520,000 $4,380,000 (-12.92%) 0 0 0 / 0 / 0 461
4521 Pine Tree Dr
INDIAN BEACH CORP AMD PL
$29,900,000 $27,900,000 $2,000,000 (-6.69%) 8,500 $3,282 6 / 7 / 1 421
2505 Sunset Dr
SUNSET ISLANDS-ISLAND NO
$9,500,000 $8,999,000 $501,000 (-5.27%) 2,829 $3,181 4 / 4 / 1 376
5327 N Bay Rd
LA GORCE GOLF SUB
$8,750,000 $7,999,000 $751,000 (-8.58%) 4,524 $1,768 5 / 5 / 2 358
126 W San Marino Dr
SAN MARINO ISLAND
$41,100,888 $39,000,000 $2,100,888 (-5.11%) 7,890 $4,943 5 / 5 / 2 361
126 + 206 W San Marino Dr
SAN MARINO ISLAND
$54,000,888 $50,900,000 $3,100,888 (-5.74%) 12,161 $4,186 10 / 9 / 3 361
2464 Prairie Ave
MID GOLF SUB
$3,850,000 $3,400,000 $450,000 (-11.69%) 0 0 0 / 0 / 0 356
4315 N Meridian Ave
NAUTILUS ADDN
$7,400,000 $6,850,000 $550,000 (-7.43%) 4,232 $1,619 4 / 4 / 1 328
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 / 0 348
4485 Post Ave
ORCHARD SUB NO 4
$4,750,000 $4,675,000 $75,000 (-1.58%) 3,351 $1,395 5 / 4 / 1 341
316 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$10,900,000 $10,770,000 $130,000 (-1.19%) 2,767 $3,892 4 / 4 / 1 305
5785 Pine Tree Dr
BEACH VIEW SUB
$24,900,000 $22,500,000 $2,400,000 (-9.64%) 10,955 $2,054 8 / 6 / 2 326
590 W 49th St
LAKE VIEW SUB
$2,750,000 $2,450,000 $300,000 (-10.91%) 2,356 $1,040 4 / 3 / 0 311
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 / 1 320
672 S Shore Dr
NORMANDY GOLF COURSE
$9,100,000 $7,500,000 $1,600,000 (-17.58%) 5,239 $1,432 5 / 5 / 1 305
4421 Post Ave
ORCHARD SUB NO 4
$3,395,000 $2,899,000 $496,000 (-14.61%) 2,977 $974 4 / 4 / 0 306
1556 71st St
ISLE OF NORMANDY TROUVILL
$2,590,000 $2,490,000 $100,000 (-3.86%) 2,970 $838 4 / 3 / 0 295
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