Why Live in Oceanfront
Oceanfront in Miami is a vibrant neighborhood nestled along Collins Avenue, featuring a mix of luxury condos and hotels with a backdrop of the Atlantic Ocean. This walkable area offers easy access to the beach, boardwalk, and a variety of dining options, from Bon Bouquet Cafe for breakfast to Lola Restaurant & Grill for dinner, and late-night spots like Beaches Bar and Grill. The neighborhood is home to a diverse population, including seasonal residents and retirees, with housing options ranging from affordable studios to expansive luxury condos, many equipped with amenities like fitness centers and laundry facilities. Oceanfront residents enjoy proximity to Miami's cultural events, such as the South Beach Jazz Festival and Art Basel, as well as weekly attractions like the Lincoln Road Farmers Market. The area boasts 3 miles of sandy beaches accessible at Indian Beach Park and 36th Street Park, and a portion of the Miami Beach Boardwalk runs through the neighborhood, ideal for biking and walking. Commuters benefit from the thoroughfare of Collins Avenue, providing quick access to South Beach, Brickell, and other Miami locales. The Miami-Dade County Public Schools system serves the area, with highly rated North Beach Elementary offering enrichment classes in yoga and robotics.
Home Trends in Oceanfront, FL
On average, homes in Oceanfront, Miami sell after 158 days on the market compared to the national average of 52 days. The median sale price for homes in Oceanfront, Miami over the last 12 months is $620,000, down 9% from the median home sale price over the previous 12 months.
Median Sale Price
$620,000
Median Single Family Sale Price
$1,000,000
Median 2 Bedroom Sale Price
$722,500
Median 1 Bedroom Sale Price
$485,000
Average Price Per Sq Ft
$843
Number of Homes for Sale
415
Last 12 months Home Sales
232
Median List Price
$749,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
-9%