Why Live in South Miami
South Miami, FL, is a small city situated next to the University of Miami and just south of Coral Gables. Spanning 2.5 square miles, it boasts a central location with amenities like a Miami Metrorail stop, making it convenient for commuters. The city is under 3 miles west of the Atlantic Ocean, offering typical coastal weather. Residential areas feature colorful postwar ranch-style homes, some with in-ground pools, and contemporary modern constructions. The lush lawns and native flora, such as canary palms and birds of paradise, add to the charm, though many homes are listed in updated flood zones due to a canal running through the city. South Miami has a population of around 12,000 and has received accolades such as the All-America City Award and a ranking among the Top 10 Cities in Florida for Young Families by NerdWallet.
Educational options include South Miami Middle School and South Miami K-8 Center, both highly rated, and the International Studies Preparatory Academy, known for its excellent academic performance. Parents can petition for school choice within the Miami-Dade Public Schools system. Green spaces are abundant, with parks like Brewer Park offering tennis and handball courts, and All-America Park providing rugged trails. Enrique Henry Cepero Memorial Park in nearby Coral Gables features biking trails and manicured lawns. Dining options range from upscale Fiola Miami to budget-friendly Chug’s Diner, with a commercial district at Route 1 and Sunset Drive hosting shops and eateries. The Miami-Dade Metrorail serves the city with two lines, facilitating easy access to Miami International Airport and other destinations.
Home Trends in South Miami, FL
On average, homes in South Miami, FL sell after 91 days on the market compared to the national average of 51 days. The median sale price for homes in South Miami, FL over the last 12 months is $975,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$975,000
Median Single Family Sale Price
$1,290,000
Median Townhouse Sale Price
$759,900
Median 2 Bedroom Sale Price
$375,000
Median 1 Bedroom Sale Price
$336,950
Average Price Per Sq Ft
$672
Number of Homes for Sale
36
Last 12 months Home Sales
64
Median List Price
$1,099,500
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
8%