Market Insights for Miami Beach Luxury Homes For Sale

As of 03-28-2024

For Sale

  • Active For Sale127
  • Average Price$19,255,691
  • Average Price / Sqft$3,092
  • Average Days on Market195
  • Largest Price Reduction$12,500,000
  • Largest Price Increase$9,500,000

Pending Sales

  • Pending For Sale14
  • Average Price$14,639,571
  • Average Price / Sqft$2,751
  • Average Days on Market196
  • Largest Price Reduction$5,100,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)31
  • Average Price$15,515,645
  • Average Price / Sqft$2,266
  • Average Days on Market263
  • Largest Price Reduction$11,000,000
  • Largest Price Increase$0

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
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
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
7700 Hawthorne Ave
BISCAYNE POINT
$2,500,000 $2,600,000 $100,000 (-3.85%) 3,235 $773 4 / 4 / 0 2023-12-04
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
1826 W 23rd St
SUNSET ISLANDS-ISLAND NO
$32,000,000 $36,000,000 $4,000,000 (-11.11%) 6,132 $5,219 7 / 7 / 1 2023-11-17
1510 Cleveland Rd
BISCAYNE POINT
$2,165,000 $2,165,000 $0 (0%) 2,450 $884 5 / 4 / 0 2023-10-31
1560 Cleveland Rd
BISCAYNE POINT
$2,125,000 $2,500,000 $375,000 (-15%) 2,679 $793 4 / 3 / 0 2023-10-26
1860 Bay Dr
ISLE OF NORMANDY MIAMI VI
$5,250,000 $5,600,000 $350,000 (-6.25%) 3,790 $1,385 6 / 6 / 1 2023-10-17
575 N Shore Dr
NORMANDY GOLF COURSE
$4,400,000 $4,600,000 $200,000 (-4.35%) 3,674 $1,198 4 / 3 / 0 2023-10-13
12 Indian Creek Island Rd
INDIAN CREEK GOLF CLUB IS
$79,000,000 $85,000,000 $6,000,000 (-7.06%) 19,064 $4,144 7 / 11 / 3 2023-10-12
12 La Gorce Cir
LA GORCE ISLAND
$19,500,000 $22,950,000 $3,450,000 (-15.03%) 5,274 $3,697 4 / 5 / 0 2023-10-05
4442 Prairie Ave
NURSERY SUB
$8,600,000 $8,650,000 $50,000 (-0.58%) 5,000 $1,720 6 / 7 / 1 2023-10-05
2501 Lake Ave
SUNSET LAKE EXTENSION
$27,000,000 $31,900,000 $4,900,000 (-15.36%) 5,413 $4,988 5 / 6 / 1 2023-09-26
2511 Lake Ave
SUNSET LAKE EXTENSION
$36,000,000 $39,500,000 $3,500,000 (-8.86%) 8,323 $4,325 7 / 8 / 2 2023-09-22
603 E Dilido Dr
DI LIDO ISLAND
$8,300,000 $8,900,000 $600,000 (-6.74%) 3,511 $2,364 5 / 3 / 2 2023-09-22
1180 Bay Dr
Ocean Side Sec Isle Norma
$5,600,000 $6,500,000 $900,000 (-13.85%) 2,438 $2,297 4 / 3 / 0 2023-09-22
27 Star Island Dr
CORRECTED PL OF STAR ISLA
$57,000,000 $68,000,000 $11,000,000 (-16.18%) 19,778 $2,882 9 / 12 / 0 2023-09-14
1485 Cleveland Rd
BISCAYNE POINT
$13,000,000 $13,500,000 $500,000 (-3.7%) 5,600 $2,321 6 / 6 / 1 2023-09-06

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
1835 W 27th St
SUNSET ISLANDS-ISLAND NO
$29,750,000 $0 (0%) 9,984 $2,980 8 / 9 / 1 62
416 W San Marino Dr
SAN MARINO ISLAND
$29,000,000 $0 (0%) 6,357 $4,562 5 / 6 / 1 539
4521 Pine Tree Dr
INDIAN BEACH CORP AMD PL
$27,900,000 $2,000,000 (-6.69%) 8,500 $3,282 6 / 7 / 1 374
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 553
2770 Sunset Dr
SUNSET ISLANDS-ISLAND NO
$22,900,000 $0 (0%) 5,161 $4,437 6 / 5 / 0 112
5300 N Bay Rd
LA GORCE GOLF SUB
$19,999,000 $3,001,000 (-13.05%) 5,552 $3,602 5 / 7 / 0 114
6445 Allison Rd
INDIAN CREEK SUB
$17,450,000 $0 (0%) 7,000 $2,493 6 / 7 / 2 41
394 S Hibiscus Dr
HIBISCUS ISLAND
$17,000,000 $1,000,000 (-5.56%) 6,145 $2,766 6 / 7 / 0 199
1220 S Biscayne Point Rd
BISCAYNE POINT
$11,500,000 $1,000,000 (-8%) 5,423 $2,121 6 / 6 / 0 237
1031 W 48th St
4701 NORTH MERIDIAN CONDO
$10,950,000 $0 (0%) 0 0 4 / 4 / 1 99
6525 Allison Rd
INDIAN CREEK SUB
$9,500,000 $1,000,000 (-9.52%) 3,558 $2,670 7 / 7 / 0 205
621 86th St
BISCAYNE BEACH
$4,200,000 $0 (0%) 2,105 $1,995 4 / 3 / 0 69
855 Stillwater Dr
BISCAYNE BEACH-2ND ADDN
$3,680,000 $0 (0%) 1,530 $2,405 3 / 2 / 0 112
650 S Shore Dr
NORMANDY GOLF COURSE
$3,475,000 $0 (0%) 2,286 $1,520 4 / 3 / 0 28
1310 Cleveland Rd
BISCAYNE POINT
$2,500,000 $0 (0%) 1,656 $1,510 3 / 2 / 0 56

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
5718 N Bay Rd
La Gorce Golf
$52,500,000 $40,000,000 $12,500,000 (-23.81%) 7,767 $5,150 7 / 8 / 2 157
1081 W 48th St
Ritz Carlton Residences
$13,900,000 $10,890,000 $3,010,000 (-21.65%) 0 0 4 / 4 / 1 296
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 / 0 301
1825 Daytonia Rd
BISCAYNE POINT
$5,420,000 $4,445,000 $975,000 (-17.99%) 5,228 $850 5 / 4 / 0 149
672 S Shore Dr
NORMANDY GOLF COURSE
$9,100,000 $7,500,000 $1,600,000 (-17.58%) 5,239 $1,432 5 / 5 / 1 258
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 553
1470 Daytonia Rd
BISCAYNE POINT
$36,000,000 $29,999,999 $6,000,001 (-16.67%) 14,060 $2,134 7 / 8 / 2 98
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 / 1 734
1040 S Shore Dr
NORMANDY GOLF COURSE
$5,850,000 $4,900,000 $950,000 (-16.24%) 5,647 $868 6 / 5 / 1 237
Address Not Available
$16,000,000 $13,500,000 $2,500,000 (-15.63%) 5,506 $2,452 6 / 6 / 1 77
508 W Dilido Dr
DI LIDO ISLAND
$23,500,000 $19,950,000 $3,550,000 (-15.11%) 5,501 $3,627 4 / 4 / 1 184
2000 N Bay Rd
SUNSET LAKE
$17,850,000 $15,385,000 $2,465,000 (-13.81%) 5,706 $2,696 4 / 4 / 1 52
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 / 1 118
4810 N Bay Rd
NAUTILUS SUB
$26,000,000 $22,500,000 $3,500,000 (-13.46%) 6,884 $3,268 5 / 5 / 0 655
5300 N Bay Rd
LA GORCE GOLF SUB
$23,000,000 $19,999,000 $3,001,000 (-13.05%) 5,552 $3,602 5 / 7 / 0 114
5840 N Bay Rd
LA GORCE GOLF SUB
$33,900,000 $29,520,000 $4,380,000 (-12.92%) 0 0 0 / 0 / 0 414
206 W San Marino Dr
SAN MARINO ISLAND
$14,750,000 $12,900,000 $1,850,000 (-12.54%) 4,271 $3,020 5 / 4 / 1 696
409 E San Marino Dr
SAN MARINO ISLAND
$18,500,000 $16,499,000 $2,001,000 (-10.82%) 4,784 $3,449 6 / 6 / 0 159
320 S Hibiscus Dr
HIBISCUS ISLAND
$37,500,000 $33,500,000 $4,000,000 (-10.67%) 7,818 $4,285 7 / 7 / 1 147
970 S Shore Dr
NORMANDY GOLF COURSE
$5,250,000 $4,700,000 $550,000 (-10.48%) 3,016 $1,558 4 / 4 / 1 188
369 N Hibiscus Dr
HIBISCUS ISLAND
$16,000,000 $14,350,000 $1,650,000 (-10.31%) 8,216 $1,747 9 / 11 / 0 436
244 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$8,895,000 $7,995,000 $900,000 (-10.12%) 3,086 $2,591 4 / 2 / 1 181
6525 Allison Rd
INDIAN CREEK SUB
$10,500,000 $9,500,000 $1,000,000 (-9.52%) 3,558 $2,670 7 / 7 / 0 205
277 N Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$9,800,000 $8,900,000 $900,000 (-9.18%) 2,608 $3,413 5 / 5 / 1 170
1417 N Venetian Way
SAN MARCO
$30,000,000 $27,500,000 $2,500,000 (-8.33%) 8,242 $3,337 6 / 6 / 1 660
5529 Pine Tree Dr
BEACH VIEW SUB
$11,450,000 $10,500,000 $950,000 (-8.3%) 3,496 $3,003 5 / 4 / 1 147
3180 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$6,250,000 $5,750,000 $500,000 (-8%) 3,447 $1,668 5 / 3 / 0 405
1220 S Biscayne Point Rd
BISCAYNE POINT
$12,500,000 $11,500,000 $1,000,000 (-8%) 5,423 $2,121 6 / 6 / 0 237
433 E Dilido Dr
DI LIDO ISLAND
$9,500,000 $8,750,000 $750,000 (-7.89%) 3,008 $2,909 4 / 4 / 0 183
4315 N Meridian Ave
NAUTILUS ADDN
$7,400,000 $6,850,000 $550,000 (-7.43%) 4,232 $1,619 4 / 4 / 1 281

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