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South Beach

Why you'd want to live in South Beach

South Beach, a vibrant district of Miami Beach, is a magnet for those who desire a dynamic and energetic urban environment with immediate access to world-famous beaches. It is celebrated for its iconic Art Deco architecture, lively nightlife, and a diverse culinary scene ranging from casual eateries to high-end restaurants. The area is a hub for fashion, art, and entertainment, with numerous boutiques, galleries, and performance venues. Residents can enjoy a pedestrian-friendly lifestyle, with Lincoln Road Mall offering extensive shopping and dining options, and Ocean Drive providing a picturesque backdrop for strolls and people-watching. The constant influx of tourists and a strong local economy create a bustling atmosphere, appealing to individuals who thrive in a cosmopolitan setting with endless activities and cultural experiences.

South Beach Market Report

$1,989,222

AVERAGE PRICE OF 1,014 HOMES

$10,628,764

AVERAGE PRICE OF 50 NEWLY BUILT HOMES

$6,574,679

AVERAGE PRICE OF 138 HOMES WITH A POOL

$5,721,089

AVERAGE PRICE OF 298 MULTI-MILLION DOLLAR HOMES

$3,136,833

AVERAGE PRICE OF 6 DISTRESSED HOMES

Average Home

Average Price $1,989,222
Avg Bedrooms 1.87 beds
Avg Bathrooms 1.84 baths

Average Price by Bedrooms

1 bedroom $478,618
2 bedrooms $1,247,838
3 bedrooms $3,900,359
4 bedrooms $6,114,246
5 bedrooms $18,956,666
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach Senior High School 516 $1,306,764 126 days
Hallandale High School 9 $642,155 150 days
Jupiter High School 9 $2,855,888 65 days
Miami Jackson Senior High School 7 $522,985 64 days
Alonzo And Tracy Mourning Sr. High 7 $722,842 131 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,014 $1,989,222 143 days
Newly Built Homes 50 $10,628,764 225 days
Homes with a Pool 138 $6,574,679 142 days
Multi-Million Dollar Homes 298 $5,721,089 148 days
Reduced Price Homes n/a n/a n/a
Distressed Homes 6 $3,136,833 152 days
Hugo Barragan - Real Estate™ - REAL Broker
Hugo Barragan
1395 Brickell Avenue Suite 800
Miami, FL 33131
305-710-0911

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