Miami, FL Multifamily Homes & Duplexes for Sale

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  /58

  $1,499,999

  • 2,315 Sq Ft

  820 86th St, Miami Beach, FL 33141

  Discover the charm and opportunity of this Mediterranean-style duplex in the highly desirable Biscayne Beach neighborhood. One unit has been thoughtfully updated with modern finishes, including brand-new stainless steel appliances and sleek ceramic tile flooring, while the other retains its original character—offering a unique blend of history and potential. This property features an expansive

  

  Julian Acosta

  Compass Florida, LLC

  (786) 983-4582

  820 86th St, Miami Beach, FL 33141
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  Explore Miami

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  /31

  $1,400,000

  10 W 53rd Terrace, Hialeah, FL 33012

  Development Potential: approved plans: 4 units, each with 3 bedrooms and 2 bathrooms (1,600 sq ft per unit) Potential income $14,000 per month Maximum potential: (plans can be modified)to up to 12 units . Additional Considerations: Appreciation: Plans include 8 parking spaces, which may need to be increased if the number of units is maximized. Rental market: Research the local rental market to

  

  Ileana Rodriguez P.A.

  RE/MAX Advance Realty II

  (786) 981-8216

  10 W 53rd Terrace, Hialeah, FL 33012
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  /37

  $1,150,000

  • 1,442 Sq Ft

  947 NE 149th St, Miami, FL 33161

  Configured as 3 independent units: spacious 2BD/2BA main house, large 1BD/1BA side unit (converted garage), and 1BD/2BA rear cottage. Approx. 2,150 SF per floor plan (buyer to verify). Sits on an oversized 14,130 SF lot with impact windows, 2018 roof, electric gate, large patio, and circular driveway for 6+ cars. Public record reflects 2 units / 1,442 SF. Property offered AS-IS. Ideal for rental

  

  Franco Repetto Labatut

  Avenew Realty Corp

  (786) 822-7763

  947 NE 149th St, Miami, FL 33161
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  /12

  $799,000

  • 1,335 Sq Ft

  210 NE 110th St, Miami, FL 33161

  Outstanding Investment Opportunity in Prime Location! This beautifully maintained corner-lot duplex offers two stylish and fully independent units: a spacious 2-bedroom, 1-bathroom residence with in-unit washer and dryer, and a charming 1-bedroom, 1-bathroom unit—perfect for both short-term and long-term rentals. Whether you're an investor seeking a turnkey, income-producing property or a

  

  Carmen Redondo

  Kamany Realty & Prop. Mngmt In

  (833) 775-1587

  210 NE 110th St, Miami, FL 33161
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  /52

  $2,180,000

  • 3,704 Sq Ft

  3431 - 3433 SW 16th Terrace, Miami, FL 33145

  3431–3433 SW 16th Terrace, Miami, just minutes from Coral Gables and Coconut Grove. This modern property features two identical townhomes, each with 3 bedrooms, 2.5 bathrooms, and a 1-car garage that can flex as a 4th bedroom, office, or gym. Each residence offers 2,040 sq. ft. of living space with high ceilings, elegant wood staircases, and custom California-style railings. The chef’s kitchens

  

  Julian Acosta

  Compass Florida, LLC

  (786) 822-8166

  3431 - 3433 SW 16th Terrace, Miami, FL 33145
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  /28

  $635,000

  • 1,680 Sq Ft

  11477 SW 215th St, Miami, FL 33189

  Two solid income-producing duplexes for sale - together or separately - in the heart of South Dade, near Cutler Bay. Each duplex offers two 2-bed, 1-bath units with separate meters on a 7K sq ft lot, ideal for investors or owner-occupants. Located minutes from the $1.5B Southplace City Center redevelopment at the former Southland Mall, home to A-rated tenants like Macy's, Walmart, Ross, TJ Max,&

  

  Antonio (Tony) J Valencia, PA

  Eleven Realty

  (786) 998-6291

  11477 SW 215th St, Miami, FL 33189
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  /29

  $620,000

  • 1,680 Sq Ft

  11465 SW 215th St, Miami, FL 33189

  Two solid income-producing duplexes for sale - together or separately - in the heart of South Dade, near Cutler Bay. Each duplex offers two 2-bed, 1-bath units with separate meters on a 7K sq ft lot, ideal for investors or owner-occupants. Located minutes from the $1.5B Southplace City Center redevelopment at the former Southland Mall, home to A-rated tenants like Macy's, Walmart, Ross, TJ Max,&

  

  Antonio (Tony) J Valencia, PA

  Eleven Realty

  (786) 841-2797

  11465 SW 215th St, Miami, FL 33189
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  /26

  $3,200,000

  • 2,312 Sq Ft

  426 NE 26th St, Miami, FL 33137

  This property is designated as the future site of a 21-unit, 8-story short-term rental building. Strategically located in one of Miami's most sought-after areas. Designed specifically for high-demand short-term stays, this project promises exceptional ROI potential. Plans are currently pending approval, offering investors the chance to step into a pre-approved vision that maximizes both location

  

  Carlos Visbal

  First Way Realty Services Inc

  (888) 611-4637

  426 NE 26th St, Miami, FL 33137
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  /4

  $6,000,000

  • 5,260 Sq Ft

  8918 Collins Ave, Surfside, FL 33154

  Two lots available. One on 8918 Collins Ave. 6.150 sf with a multifamily with 8 units and one lot behind on 8919 Harding Ave. with a single family home.

  

  Javier Martinez

  Miami Beach Real Estate Group

  (786) 977-3511

  8918 Collins Ave, Surfside, FL 33154
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  /48

  $3,500,000

  • 8,140 Sq Ft

  1124 Pennsylvania Ave, Miami Beach, FL 33139

  Exclusive Investment Opportunity in Miami BeachAlmost completely renovated 12-unit, 8,140 SF low-rise building seamlessly blends historic charm with modern appeal, offering investors a prime multifamily asset in a prestigious location.Property Highlights:? Turnkey Investment – Fully renovated with new roof (August 2024)? Strong Rental History – 95% occupancy rate, ensuring stable

  

  Fabrizio Passatore

  The Keyes Company

  (786) 705-2744

  1124 Pennsylvania Ave, Miami Beach, FL 33139
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  /40

  $835,000

  • 1,400 Sq Ft

  2655 SW 34th Ct, Miami, FL 33133

  Corner duplex offers significant potential, whether for personal use, investment opportunity or redevelopment site. Located just steps from the vibrant Coral Gables & Coconut Grove, you'll have easy access to top shopping, dining, entertainment, major highways, University of Miami, Miami International Airport, downtown Miami, parks, and more. This property is a standout investment in a

  

  Melissa Lorenzo

  Lexan Real Estate, LLC

  (786) 414-1029

  2655 SW 34th Ct, Miami, FL 33133
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  /7

  $1,050,000

  • 3,476 Sq Ft

  1474 NW 61st St, Miami, FL 33142

  Fourplex for sale !!! 2021 new roof. 2019 100% new electric rewiring and panels.Actually under 40 year recertification.

  

  Javier Martinez

  Miami Beach Real Estate Group

  (305) 424-2572

  1474 NW 61st St, Miami, FL 33142
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  /28

  $17,700,000

  • 26,336 Sq Ft

  1975 Calais Dr, Miami Beach, FL 33141

  10 Townhome complex located in Miami Beach with direct access to the Intercostal. Building has been completely renovated 2024. Actually in the process of building 8 boat slips. 100% vacant. New flooring, bathrooms, Kitchen cabinets, appliances. SELLER FINANCING AVAILABLE

  

  Javier Martinez

  Miami Beach Real Estate Group

  (305) 964-8604

  1975 Calais Dr, Miami Beach, FL 33141
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  /21

  $1,094,000

  • 2,857 Sq Ft

  2752 SW 3rd St, Miami, FL 33135

  Prime Investment Opportunity: Income-Generating Duplex in Little Havana. Meticulously maintained duplex, each unit boasts 3b/2b, complete with private entrances, separate water, electrical meters & plenty of parking. With a new roof installed in 2020 and a state-of-the-art 2021 A/C unit in Unit B, this property is built for lasting value. Currently rented below market value, there’s significant

  

  Adin Garcia

  York Investments Corp.

  (844) 548-6227

  2752 SW 3rd St, Miami, FL 33135
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  /17

  $1,399,999

  • 3,055 Sq Ft

  7035 SW 21st St, Miami, FL 33155

  ALL TERMS NEGOTIABLE, OWNER REVIEWING ALL OFFERS. Fully Remodeled & Updated Duplex With Bonus 1/1 Studio Apartment. Roof Is 4 Years Old, Impact Windows , New Exterior Paint , New Kitchen Cabinets , Fixtures & Remodeled Bathrooms In All Units. Front Unit Is 3/2 With Plenty Of Natural Light With Open Layout & Large Bedrooms . Rear Unit Is A 2/1 With Large Bedrooms & Ample Closet & Storage Space.

  

  Walter Vivancos

  Epic Choice Realty

  (866) 605-1795

  7035 SW 21st St, Miami, FL 33155
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  /39

  $799,999

  • 2,010 Sq Ft

  2803 NW 91st St, Miami, FL 33147

  TRIPLEX!!! For Sale As-Is. Prime investment opportunity! Two units have been completely remodeled. Perfect for investors or owner-occupants, this property features ample parking, outdoor spaces, and tremendous potential for rental income or renovation. With a strong demand for rentals, this property promises a high return on investment. Enjoy the perfect blend of modern comfort and classic

  

  Denys Orellana

  Miami New Realty

  (786) 321-8683

  2803 NW 91st St, Miami, FL 33147
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  /20

  $1,950,000

  • 4,532 Sq Ft

  1355 SW 12th St, Miami, FL 33135

  EXCELLENT INVESTMENT OPPORTUNITY… TRIPLEX…..TWO COMPLETELY TWO STORYS SEPARATE BUILDINGS ON ACORNER LOT. ONE UNIT IS A 5/3, SECOND UNIT A 2/2 THIRD 2/1… AND A INLAWS QUARTERS…FULLY RENTED…TENANTS ON A MONTH TO MONTH… IMPACT WINDOWS AND DOORS, NEW ROOF, LARGE PAIO. PLENTY OFPARKING… BOOMING LOCATION…STEPS FROM CALLE OCHO AND A FEW MINUTES DRIVE FROM BRICKEL,DOWNTOWN, AND WYNDWOOD

  

  Maggie Alvarez

  Miami New Realty

  (786) 882-3407

  1355 SW 12th St, Miami, FL 33135
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  /2

  $675,000

  • 2,039 Sq Ft

  2430 NW 99th St, Miami, FL 33147

  Great investment opportunity in the heart of Miami! This well-maintained duplex features: a 3/2 and a 2/1 respectively with ample living space. Each unit boasts tile flooring throughout, custom kitchen cabinets, and newer appliances. Both units offer separate entrances, with private backyard areas for each. The property is conveniently located near public transportation, schools, and shopping

  

  Melissa Lorenzo

  Lexan Real Estate, LLC

  (786) 983-7241

  2430 NW 99th St, Miami, FL 33147
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  /16

  $549,999

  • 1,448 Sq Ft

  7530 NE 3rd Ave, Miami, FL 33138

  GREAT INVESTMENT OPPORTUNITY in highly sought after Little River in the heart of MIami's Redevelopment Zone.NEW ROOF installed in July 2025. BOTH units are 2/1's . One unit has been completely renovated with new appliances and is vacant.2nd unit is rented for $1300/M. With TLC rent can easily command $1850/MSEPARATE ELECTRIC METERS and 1 water meterProperty ZONED for 2-9 units

  

  Kathleen Beasley

  EXP Realty LLC

  (786) 981-8642

  7530 NE 3rd Ave, Miami, FL 33138
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  /2

  $845,000

  • 2,355 Sq Ft

  2835 SW 37th Ct, Miami, FL 33134

  Investment Opportunity in Silver bluff. This duplex is currently a 2/1 & detached 1/1. Keep the property for income or redevelop into luxury townhouse. Located in one of Miami’s most centrally positioned & charming neighborhoods, Silver Bluff is nestled between Coconut Grove, Coral Gables, & Brickell. The area is celebrated for its classic architecture, tree-lined streets, & an eclectic mix of

  

  Derek Varona

  Sea Grove Realty

  (786) 827-6641

  2835 SW 37th Ct, Miami, FL 33134
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  /14

  $800,000

  • 1,957 Sq Ft

  94 NW 69th St, Miami, FL 33150

  Fantastic Duplex in Highly Desirable Area!This well-maintained duplex offers flexibility live in one unit and rent the other, or rent both for solid income potential! Each spacious unit features large bedrooms and living areas, the second unit includes a 4th bedroom with a private entrance, perfect for extended family or additional rental income.Enjoy a generous yard and parking for up to 5

  

  Marie Chrysostome

  LYNQ Real Estate

  (786) 756-6726

  94 NW 69th St, Miami, FL 33150
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  /2

  $1,800,000

  • 5,033 Sq Ft

  2515 SW 7th St, Miami, FL 33135

  Located in the heart of vibrant Little Havana, this 10-unit multifamily property presents an investment opportunity with significant upside. The neighborhood’s strong rental demand, driven by its cultural richness and central location just minutes from Brickell, Downtown, and the Health District, makes this an ideal asset for repositioning. The property does require deferred maintenance, creating

  

  Derek Varona

  Sea Grove Realty

  (305) 501-6641

  2515 SW 7th St, Miami, FL 33135
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  /33

  $1,749,000

  • 3,528 Sq Ft

  403 SW 12th Ave, Miami, FL 33130

  Investment Opportunity – Live-Work Multifamily Building with T5-O zoning, architectural plans & new Certificate of Occupancy. 4 units with a total of 8 Beds + 4 Dens- 4 Baths, 4 electric meters, one main water meter, new electric w/ 600 Amps, new electric panels, new plumbing, new central AC's, impact windows & doors, new drywall throughout and insulation, new custom kitchens with quartz

  

  Claudia Del Toro

  Cervera Real Estate Inc.

  (305) 704-8407

  403 SW 12th Ave, Miami, FL 33130
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  /62

  $675,000

  • 4 Beds
  • 3 Baths
  • 2,310 Sq Ft

  12281 SW 121st Terrace, Miami, FL 33186

  This stunning Kendall Breeze Villa "THE ROMA" 4 bedroom 3 full bathroom layout that spans a vast 2,820 square feet. Upon entry, you'll be immediately impressed by the expansive family room, luxurious dining space, and chef-inspired kitchen finished with top-of-the-line appliances ,French impact doors. On the ground level, you'll discover a spacious guest bedroom with a full bathroom. The

  

  Andrew Tripodi

  The Keyes Company

  (786) 743-2599

  12281 SW 121st Terrace, Miami, FL 33186
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  /22

  $2,550,000

  • 4,524 Sq Ft

  7115 Rue Granville, Miami Beach, FL 33141

  Exceptional Miami Beach 4-plex in the sought-after Normandy Isles, just one mile from sandy beaches and surrounded by scenic Biscayne Bay. Each of the four spacious 2-bed, 2-bath units has a separate electric meter, offering flexibility for short-term, long-term rental, or owner occupancy. The property includes a rare oversized lot—ideal for expansion, a pool, or additional units (subject to

  

  Milton Andrade

  Compass Florida, LLC.

  (844) 515-2991

  7115 Rue Granville, Miami Beach, FL 33141
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  /47

  $996,000

  • 2,920 Sq Ft

  1136 NW 34th Ave, Miami, FL 33125

  Fully renovated duplex with two 3bed / 2bath units operating as 3/2, 2/1 + efficiency. Rear 3/2 unit with screened porch, in-unit laundry, and fenced yard. Front 2/1 with terrazzo floors and granite counters + separate 1/1 efficiency. 7,600 total income All units have updated interiors, impact windows, and separate water/electric meters.Located minutes from the new INTER MIAMI

  Sebastian Giraldo Stratton Real Estate

  1136 NW 34th Ave, Miami, FL 33125
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  /17

  $350,000

  • 1 Bed
  • 1 Bath
  • 650 Sq Ft

  1605 Michigan Ave Unit 929, Miami Beach, FL 33139

  Must-see unique Miami villa! This fully renovated 1 bed, 1 bath Art Deco villa has never been lived in since renovation and features all-new appliances under warranty until Sept, a concealed full-size washer/dryer, central A/C (2024), and modern finishes throughout. Enjoy a large living room, separate kitchen/dining area, and a spacious villa bedroom that fits a king-size bed and includes a

  Emily Schwitalla RE/MAX Advance Realty II

  1605 Michigan Ave Unit 929, Miami Beach, FL 33139
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  /51

  $949,000

  • 2,026 Sq Ft

  1785 SW 10th St, Miami, FL 33135

  Fabulous opportunity for an investor or home owner looking for a house in Shenandoah w/additional income property/guest house. The main house is 1,543sf 3 bed/2 bath, and guest house, used as Airbnb, is 480sf with 1 bed/1 bath, living room, kitchen, large closet + a washer and dryer. Main roof replaced in 2019 & guest house in 2024. Main house is unfurnished, guest house is furnished & ready for

  Ellen Berkman Coldwell Banker Realty

  1785 SW 10th St, Miami, FL 33135
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  /35

  $1,100,000

  • 2,180 Sq Ft

  5520 NE 1st Ct, Miami, FL 33137

  FOR SALE: Excellent Fourplex Investment Opportunity. Each unit features updated 1 bedroom and 1 bathroom. Hurricane impact glass windows throughout. Individual electrical meters can be found in the dedicated meter room. Month-To-Month Tenants. Recently passed re-certification. Opportunity zoned.

  Jorge Martinez de Castro JMC Real Estate Miami, Inc

  5520 NE 1st Ct, Miami, FL 33137
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  /31

  $675,000

  • 1,550 Sq Ft

  175 NW 68th St, Miami, FL 33150

  FOR SALE: Duplex Investment Opportunity. Each unit features 2 bedrooms and 1 bathroom. Hurricane impact glass windows throughout. The new roof was installed 5 years ago. Independent electrical meters. Updated PVC Plumbing.

  Jorge Martinez de Castro JMC Real Estate Miami, Inc

  175 NW 68th St, Miami, FL 33150
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  /51

  $1,100,000

  • 2,960 Sq Ft

  312 SW 32nd Ave, Miami, FL 33135

  Highly desirable Central Miami fourplex located a few blocks from Coral Gables. Surrounded by Single Family Homes. Has 8 dedicated parking spots. Great investment opportunity with an average tenant tenure of 13 years. Ask for Matterport Links and details. 3 Units are 1/1 and 1 Unit is 2/1. total Monthly Rents. Prior to Closing WILL: Complete Electric Meters split and 40 yr Recertification.

  Steven Koleno Beycome of Florida LLC

  312 SW 32nd Ave, Miami, FL 33135
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  /37

  $1,329,000 New Construction

  • 2,500 Sq Ft

  5431 & 5433 NW 5th Ave, Miami, FL 33127

  NEW CONSTRUCTION !! This brand new modern duplex is located in the heart of Miami’s rapidly developing Buena Vista Gardens, just minutes from the Design District, Wynwood, Downtown, and Miami Beach. Two units of 1,250 SF each. Total: 6 bathrooms, 4 full baths, 2 half baths. Spacious Layout. With 2-story floor plans. Separate utilities. High-quality construction: Impact windows and doors,

  Andrea Imbrogno Coldwell Banker Realty

  5431 & 5433 NW 5th Ave, Miami, FL 33127
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  /6

  $1,100,000

  • 3,665 Sq Ft

  1499 NW 32nd St, Miami, FL 33142

  Investor (Rare) opportunity ! Four-unit multifamily property being sold strictly as-is in the heart of Allapattah. This fully leased 4-unit multifamily property offers strong cash flow and significant upside potential. Featuring 5 bedrooms and 4 full bathrooms across four units (one 2/1 and three 1/1s), the building sits on a 6,950 sq ft lot zoned T3-O (Duplex). Solid concrete construction with

  Faith Johnson The Keyes Company

  1499 NW 32nd St, Miami, FL 33142
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  /49

  $690,000

  • 1,949 Sq Ft

  2223 NW 32nd St, Miami, FL 33142

  Great Income Producing Property. Fully rented. Partially remodeled duplex. The 3 units are tenant occupied. Unit #1 is a 3/2 rents for $2300. Unit #2 rents for $2200, and the Efficiency rents for $ 1400. Plenty of parking space. Prime Location! This Duplex is located minutes away from Miami International Airport, Wynwood, Brickell, the beaches and more. Water is included in the rent, there are

  Yoiris Duran Coldwell Banker Realty

  2223 NW 32nd St, Miami, FL 33142
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  /42

  $980,000

  • 2,563 Sq Ft

  1400 NE 148th St, Miami, FL 33161

  Incredible investment opportunity! This mostly renovated 4-unit property consists of two separate buildings on a large corner lot in unincorporated Miami-Dade County, ideally located between North Miami Beach and North Miami, just off Biscayne Blvd. The unit mix includes a 2BD/2BA (easily convertible to 3BD/2BA), a 2BD/1BA, and two efficiencies. All units are currently rented month-to-month at

  Sherry Lebowitz Lifestyle International Realty

  1400 NE 148th St, Miami, FL 33161
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  /16

  $1,450,000

  • 3,628 Sq Ft

  600 NW 25th Ct, Miami, FL 33125

  Completely remodeled 4-unit multifamily building in the heart of Miami, featuring four 2-bedroom, 1-bath units. Renovations completed with permits include a new roof, fully upgraded electrical system, impact windows, mini-split A/C units, tankless water heaters, and wood composite flooring. Each unit has washer/dryer hookups and dual private entrances. The two-story building spans 3,277 sq. ft.

  David Fermoselle Eleventrust LLC

  600 NW 25th Ct, Miami, FL 33125
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  /19

  $799,000

  • 1,958 Sq Ft

  3310 SW 1st Ave, Miami, FL 33145

  Located just blocks from Brickell, the Vizcaya Museum, the Metrorail station, and Coral Way, this property sits in one of Miami’s fastest-growing and most culturally vibrant neighborhoods. Enjoy the convenience of being within walking distance to supermarkets, restaurants, cafes, and local shops, all while positioned in a prime area for both living and investment.Zoned T3-O, the site offers

  Graciana Luna Fausto Commercial Realty Consultants Inc

  3310 SW 1st Ave, Miami, FL 33145
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  /11

  $610,000

  • 1,440 Sq Ft

  1574 NW 58th St, Miami, FL 33142

  LOCATION! in MIDTOWN. Great Income Investment Opportunity or live in one and rent the other. 3/2 with central A/C rented under value for $2,550.00 and a 2/1with an updated bathroom and kitchen, Leased for $2,000.00/M, New roof in 2022, 2 electric meters and 2 water meters plenty of parking inside. 1,440 sq ft of living space on a 5,350 sq ft lot with a Large backyard. Located near Wynwood,

  Alberto Calil Esquire Real Estate Serv.

  1574 NW 58th St, Miami, FL 33142
• 

  

  /23

  $625,000

  • 1,026 Sq Ft

  1858 SW 5th St, Miami, FL 33135

  This Duplex Located in the heart of Little Havana, just minutes from Brickell, easy access to Downtown Miami and I 95 offers a unique opportunity to live or invest in one of the city’s fastest-growing and culturally vibrant neighborhoods, within walking distance to supermarkets, restaurants, cafes, and local shops. Zoned T4-R “Perfect for investors seeking immediate cash flow with the option to

  Elisa Barriga Alfaro Fausto Commercial Realty Consultants Inc

  1858 SW 5th St, Miami, FL 33135
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  /49

  $895,100

  • 2,157 Sq Ft

  14801 NW 5th Ave, Miami, FL 33168

  Welcome to the amazing property located on Biscayne Gardens subdivision. Featuring split floor plan with over 2,150 Sqft of open living space. The oversized master bedroom has a private entrance convenient to be used as a 3/2 and a 1/1 apartment(both with private XL large patio)or as a full 4/3 house, great for investors to generate rental income and perfect for a growing family who appreciate

  Danny Crespo Rejoice Realty Group, Inc.

  14801 NW 5th Ave, Miami, FL 33168

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Why Live in Miami

Miami's South Beach captivates with its iconic Art Deco architecture and celebrity-spotting at LIV Nightclub, while the Wynwood Arts District showcases vibrant street murals and authentic Indian cuisine at Rishtedar. Cultural experiences abound in Little Havana's Calle Ocho, and the historic Vizcaya Museum and Gardens provides a glimpse into Miami's opulent past. Nature lovers can explore Everglades National Park's wildlife or enjoy water sports at Oleta River State Park. The dining scene features Michelin-starred Ariete and the century-old Joe's Stone Crab, alongside modern fusion at MILA's stylish South Beach rooftop.

The real estate landscape varies significantly by neighborhood. Brickell features luxury condos with one-bedroom units at a median price of $520,000 and two-bedrooms at $800,000. Single-family homes in Coral Gables Section command a median price of $1.9 million, while Downtown Miami presents more affordable options at a median of $493,000. The citywide median sale price stands at $595,000, with single-family homes at $755,000.

Miami's cost of living runs 21% above the national average. A family with school-age children needs $128,000 annually to live comfortably, while renters should aim for $87,000. Monthly grocery costs average $1,700 for families and $800 for renters. Florida residents benefit from no state income tax, though they face a combined 6.95% sales tax rate.

The city boasts exceptional schools, including the APlus-rated School for Advanced Studies and Design & Architecture Senior High School. Private options include the prestigious Gulliver Preparatory School and Belen Jesuit Preparatory School. Florida International University and Miami Dade College serve the higher education community. Public transportation includes Metrorail and Metrobus, though most residents find cars necessary for convenient navigation throughout the spread-out city.

Learn more about living in Miami

Home Trends in Miami, FL

On average, homes in Miami, FL sell after 110 days on the market compared to the national average of 70 days. The median sale price for homes in Miami, FL over the last 12 months is $665,000, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$665,000

Median Single Family Sale Price

$823,000

Median Townhouse Sale Price

$600,000

Median 2 Bedroom Sale Price

$735,000

Median 1 Bedroom Sale Price

$520,000

Average Price Per Sq Ft

$712

Number of Homes for Sale

1,322

Last 12 months Home Sales

3,083

Months of Supply

5.10

Median List Price

$740,000

Median Change From 1st List Price

6%

Median Home Sale Price YoY Change

6%