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Miami Beach

Miami Beach

Located in Miami/Dade County

$2,175,798 Average Value
$1,013 Average Price per Sq Ft
2362 Homes For Sale

A colorful, diverse beachfront community off the coast of Miami

Miami Beach is known for its cosmopolitan culture, unique architecture and resort-style living. This city of 80,000 packs a lot of fun into an island community nestled between Biscayne Bay and the Atlantic Ocean. The Beachwalk stretches the entire length of the island -- from North Beach, through Mid-Beach and into South Beach. “You have three distinct areas that each have a different flavor,” says Nancy Batchelor, a Realtor and team leader with Compass who has sold several homes on the island.”

South Beach is a glamorous entertainment district known the world over. It is anchored by Ocean Drive and its colorful buildings, which form the heart of the Art Deco Historic District. Beaches are the focus of recreational activity, but residents can enjoy picturesque parks, golf courses and tennis centers. They also have access to upscale shopping and dining, world-class museums and state-of-the-art event centers. “The appeal is that there’s something for everyone,” Batchelor says. “It’s a vibrant, exciting adult playground. There are people who never leave the island because it’s all right here.”

The full stretch of Lummus Park alongside the historic art deco Ocean Drive.
The full stretch of Lummus Park alongside the historic art deco Ocean Drive.
Beach goers enjoying the day with friends and outdoor sports in Miami Beach.
Beach goers enjoying the day with friends and outdoor sports in Miami Beach.
The beautiful blue waters of Lummus Park is the perfect temperature to swim in year round.
The beautiful blue waters of Lummus Park is the perfect temperature to swim in year round.
The GoodTimes Hotel is a great place to grab a drink in Lummus Park.
The GoodTimes Hotel is a great place to grab a drink in Lummus Park.
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World-renowned South Beach is in the heart of the Art Deco Historic District

South Beach demands attention with its colorful buildings that house a contemporary mix of dance clubs, cocktail lounges and bars – from dives to hotel rooftops. “Ocean Drive is probably one of the most photographed spots in the world,” Batchelor says. “It’s iconic.” Nikki Beach, a luxury beach club concept dubbed the “sexiest place on Earth,” is pure South Beach. Visitors can lounge oceanside in luxury cabanas as they dine on seafood and drink the day away. Other popular attractions include Basement Miami, a disco-tinged hot spot with a bowling alley and an ice-skating rink and Do Not Sit On The Furniture, a casual club that specializes in DJs and house music. Lincoln Road is South Beach’s commercial corridor. “It has all sorts of popular stores and restaurants amid beautiful palm trees,” Batchelor says. “It’s a really neat vibe to stroll down Lincoln Road.” In North Beach is the Tambourine Room, a Michelin-starred French fine-dining restaurant.

Art Deco style buildings line the streets of Lummus Park.
Art Deco style buildings line the streets of Lummus Park.
Historic buildings and vibrant nightlife is what you can expect from Miami Beach.
Historic buildings and vibrant nightlife is what you can expect from Miami Beach.
The Colony Hotel is probably to most iconic of the Art Deco buildings in Lummus Park
The Colony Hotel is probably to most iconic of the Art Deco buildings in Lummus Park
Old school classic vehicles can also be soon throughout Lummus Park.
Old school classic vehicles can also be soon throughout Lummus Park.
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Attractions include Wolfsonian-FIU Museum, Miami Beach Convention Center

The island’s cultural attractions include the Wolfsonian-FIU Museum, instantly recognizable by its Mediterranean Revival building in South Beach, and the nearby Jewish Museum of Florida, housed in a repurposed historic synagogue. The Miami Beach Convention Center hosts events year-round and is one of the featured sites for Art Basel Miami and the Miami International Boat Show. Next door is Miami Beach Botanical Garden, a family-friendly urban green space.

Miami International Auto Show
Miami International Auto Show
Many large corporate events happening at the Miami Beach Convention Center.
Many large corporate events happening at the Miami Beach Convention Center.
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Beachwalk highlights the island’s diversity

The beach always beckons, offering the perfect spot for sunbathers, swimmers and anyone who wants to enjoy a sunny day amid white sand and turquoise water. The oceanfront is a cultural attraction on its own. “What’s great about Miami Beach is that it’s a melting pot,” Batchelor says. “And along the beachwalk, you’ll hear every kind of language. It’s one of my favorite things about the city.” The surrounding waters are a haven for nautical adventures, from jet skis to deep-sea fishing boats to yachts. Miami Beach Marina on the island’s south side offers storage for vessels up to 250 feet long and incredible views of Biscayne Bay. “It’s breathtaking to see the big, beautiful cruise ships go by.”

Nearby South Pointe Park features a 450-foot fishing pier and a promenade with beach access. Lummus Park is popular among fitness enthusiasts, who are attracted by sand volleyball courts and exercise equipment. The city is home to dozens of parks and green spaces that offer camps and programs for the island’s youth, from toddlers to teens. Miami Beach Golf Club, established more than 100 years ago, features an 18-hole public layout in a unique setting. “It’s attractive because it’s in the heart of Miami Beach,” Batchelor says. “You can also play tennis and pickleball, which is really popular now. You can just show up and jump into a game.”

Ocean front walkways and beautiful parks are amongst the best attractions in Miami Beach.
Ocean front walkways and beautiful parks are amongst the best attractions in Miami Beach.
The beach in Lummus Park is the most popular in Miami.
The beach in Lummus Park is the most popular in Miami.
Miami Beach offer easy beach access for the residents and visitors to enjoy the day out there.
Miami Beach offer easy beach access for the residents and visitors to enjoy the day out there.
Beach Padel is a popular sport in Lummus Park.
Beach Padel is a popular sport in Lummus Park.
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Single-family homes are scarce because of popular demand

The median home price here is a little more than $600,000, but that number is skewed by a collection of small condos that start in the low $100,000s. Condos offering two bedrooms or more range in price from $800,000 to $7 million, depending on location and amenities. “The newer condos offer more amenities, but the older condos offer more square footage,” Batchelor says. “Everybody wants the ocean view, but the city view is very nice, too.”

Surfside just north of the city was the site of a devastating condo collapse in 2021. “Ever since then, they have really cracked down on the maintenance of buildings,” Batchelor says. “Because of that, insurance rates have increased dramatically, and HOA costs have increased to catch up with the improvements.”

Midcentury designs are prominent among the island’s established single-family homes. Mediterranean Revival architecture is the most common motif. Many homes feature pools, and waterfront properties are spread throughout the island. While there are options for under $1 million, prices in this town climb fast. Sleek modern-style waterfront homes stand out among the island’s newest and most expensive properties. These imposing homes range from $20 million to $50 million. Several of them are concentrated on small residential islands between Miami Beach and the mainland. “For single-family homes, there’s limited inventory because it’s such a popular place and everyone wants to be there,” Batchelor says.

A state-funded First-Time Homebuyer Program offers up to $150,000 for qualified homebuyers to purchase property in Miami Beach. The major drawback to living on an island is the ever-present threat of severe weather. Residents should be aware that flooding and wind damage are extreme risks, especially during hurricane season, and insurance rates will reflect that. Miami hasn’t been hit by a major hurricane since Andrew in 1992. The fallout from that storm led to some of the nation’s strongest building codes.

Nautilus homes by the bay have piers for yachts.
Nautilus homes by the bay have piers for yachts.
Residential buildings in Lummus Park are historic feats of architecture.
Residential buildings in Lummus Park are historic feats of architecture.
Homes in the Nautilus neighborhood are a mix of revivals and modern architecture.
Homes in the Nautilus neighborhood are a mix of revivals and modern architecture.
Nautilus has some authentic classic Deco homes.
Nautilus has some authentic classic Deco homes.
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South Pointe and North Beach elementaries are top-rated schools

Miami-Dade County Public Schools earns an A-minus from Niche, which rates it as the second-best district for teachers in Florida. South Pointe Elementary and North Beach Elementary are the highest-rated island schools, each earning an A-minus.

North Beach Elementary school
North Beach Elementary school
North Beach Elementary school
North Beach Elementary school
South Pointe Elementary School
South Pointe Elementary School
South Pointe Elementary School
South Pointe Elementary School
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Miami’s business sectors are right across the bay

Residents enjoy relative solitude, but the Miami mainland is easily accessible from all three sections of the island. Downtown Miami and the Brickell financial district are both 25-minute drives across the bay. “Miami Beach is a prestigious place to live, but it’s still close to where all the jobs are,” Batchelor says. Once on the mainland, light rail commuter stations and Interstate 95 provide convenient travel throughout the region. Mount Sinai Medical Center is on the bayfront in Mid-Beach. Miami International Airport is about 12 miles away via I-195.

Brickell is the financial heart of Miami.
Brickell is the financial heart of Miami.
Edgewater is comprised of high-rise condominiums many overlooking Biscayne Bay.
Edgewater is comprised of high-rise condominiums many overlooking Biscayne Bay.
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Crime

Recent data shows that property crime in Miami Beach is the highest in the state. According to FBI numbers from 2022, the city's rate is 8,557 incidents per 100,000 residents. Such crimes, which include larceny, burglary, theft and vehicle theft, are typically higher in areas where people congregate. Given its status as a tourist destination, the island can be a target for criminals. While murders are rare, Miami Beach is also high on the list of Florida cities with the highest violent crime rates.

Matt Pallister
Written By
Matt Pallister
Gabor Kovacs
Photography Contributed By
Gabor Kovacs
Grace Kim
Video By
Grace Kim

Interested in learning more about homes in this area? Reach out to Moises Saca, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Miami Beach Housing Trends

Housing Trends

Median List Price
$680,000
Median Sale Price
$595,000
Median Single Family Sale Price
$3,800,000
Median Townhouse Sale Price
$2,450,000
Median 2 Bedroom Sale Price
$819,000
Median Change From 1st List Price
9%
Last 12 months Home Sales
1,693
Median Home Sale Price YoY Change
13%
Average Price Per Sq Ft
$1,013

Area Facts

Number of Homes in Neighborhood
44,488
Number of Homes for Sale
2,362
Median Year Built
1969
Months of Supply
16.70
Average Single Family Home Size Sq Ft
3,140
Significantly above the national average
1,925
Average Townhouse Size Sq Ft
2,952
Average 2 Bedroom Size Sq Ft
1,284
Average 1 Bedroom Size Sq Ft
808
Average Studio Size Sq Ft
479
Median Lot Size Sq Ft
8,712

Open Houses

  • Tuesday, Sep 16
    Open Tue 12PM - 2PM

    935 Euclid Ave Unit 5, Miami Beach, FL 33139

    $460,000

    • 1 Bed
    • 1 Bath
    • 589 Sq Ft
    • 935 Euclid Ave
    • Unit 5

    A true one-of-a-kind in the heart of Miami Beach’s iconic Art Deco District! This fully furnished 1-bedroom residence at Nolobi, designed by renowned architect Chad Oppenheim, seamlessly blends historic character with modern luxury. Soaring 12.5-ft ceilings create a bright, airy feel, while the custom kitchen features oversized cabinetry, black stainless steel appliances, and top-tier finishes,

    Agent Photo
    Nancy Batchelor
    Compass Florida, LLC
    (645) 238-6631
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  • Sunday, Sep 14
    Open Sun 10AM - 3PM

    2924 Collins Ave Unit 501, Miami Beach, FL 33140

    $579,900

    • 2 Beds
    • 2 Baths
    • 982 Sq Ft
    • 2924 Collins Ave
    • Unit 501
    • New 10 days ago

    Rental Income Opportunity. Discover a prime investment in the heart of Miami Beach with this renovated 1,300 sq ft condo at Ocean View Plaza. This 2-bed, 2-bath residence showcases sweeping views from a rare double balcony. The split-floor plan is highlighted in modern LED lighting and tile floors and new central AC ensuring year-round comfort. The luxurious master suite includes a walk-in

    David Errante Jr 360 Realty, LLC.

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  • Sunday, Sep 14
    Open Sun 2PM - 4PM

    130 S Shore Dr Unit 3C, Miami Beach, FL 33141

    $375,000

    • 2 Beds
    • 2 Baths
    • 1,042 Sq Ft
    • 130 S Shore Dr
    • Unit 3C
    • New 13 days ago

    Spacious 2 bedroom, 2 bathroom home filled with natural sunlight. Newly renovated bathrooms, new refrigerator and microwave, and a lot of closet space plus extra storage in the building. Enjoy two balconies for seamless indoor–outdoor living and two parking spaces. Quiet, well-kept building in a prime Normandy Isle location close to parks, dining, shops, and the beach. Move-in ready.

    Janine Micheletti Luxe Properties

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Homes for Sale

Homes for Rent

Condo Buildings

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Miami Beach

Property Mix - Square Feet

Miami Beach Has More Renters

Demographics

Total Population
108,019
Median Age
46
Population Density
13 ppl/acre
Population under 18
16.7%
Below the national average
23.8%
Population over 65
21.7%
On par with the national average
19.1%

Finances

Median Household Income
$65,182
Below the national average
$71,702
Average Household Income
$101,149

Education and Workforce

High School Graduates
90.4%
College Graduates
51.4%
Above the national average
34.1%
Advanced Degrees
23.2%
Above the national average
13.3%
% Population in Labor Force
69.1%

Weather

Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

35 / 100

Car-Dependent

Walk Score®®

20 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Miami Beach
Moises Saca
Best American Realty Corp
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