Market Insights for Miami Beach Homes For Sale

As of 03-21-2023

For Sale

  • Active For Sale253
  • Average Price$10,650,524
  • Average Price / Sqft$2,039
  • Average Days on Market158
  • Largest Price Reduction$40,500,000
  • Largest Price Increase$10,000,000

Pending Sales

  • Pending For Sale35
  • Average Price$5,320,543
  • Average Price / Sqft$1,501
  • Average Days on Market195
  • Largest Price Reduction$1,349,000
  • Largest Price Increase$250,000

Closed Sales

  • Sold (Last 180 Days)92
  • Average Price$5,618,239
  • Average Price / Sqft$1,313
  • Average Days on Market237
  • Largest Price Reduction$7,900,000
  • Largest Price Increase$6,625,000

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
1510 Marseille Dr
ISLE OF NORMANDY OCEAN SI
$825,000 $850,000 $25,000 (-2.94%) 1,888 $437 4 / 2 / 0 2023-03-17
5216 Pine Tree Dr
BEACH VIEW SUB
$2,650,000 $2,850,000 $200,000 (-7.02%) 2,531 $1,047 4 / 3 / 0 2023-03-17
5226 Alton Rd
LA GORCE GOLF SUB
$2,342,500 $2,895,000 $552,500 (-19.08%) 3,210 $730 4 / 3 / 1 2023-03-16
4531 Sheridan Ave
SURPRISE LAKE
$1,750,000 $1,895,000 $145,000 (-7.65%) 1,855 $943 4 / 2 / 0 2023-03-16
420 N Hibiscus Dr
HIBISCUS ISLAND
$7,500,000 $8,450,000 $950,000 (-11.24%) 5,642 $1,329 5 / 6 / 1 2023-03-15
1650 Cleveland Rd
BISCAYNE POINT
$1,895,000 $2,290,000 $395,000 (-17.25%) 2,075 $913 2 / 1 / 0 2023-03-15
4225 Sheridan Ave
ORCHARD SUB NO 4
$2,238,500 $2,350,000 $111,500 (-4.74%) 1,823 $1,228 3 / 2 / 0 2023-03-15
4551 Prairie Ave
SURPRISE LAKE
$1,600,000 $1,750,000 $150,000 (-8.57%) 1,716 $932 3 / 2 / 1 2023-03-13
1620 W 21st St
SUNSET LAKE EXTENSION
$10,999,000 $12,000,000 $1,001,000 (-8.34%) 5,810 $1,893 6 / 5 / 1 2023-03-10
2021 N Bay Rd
SUNSET LAKE
$5,476,000 $6,499,000 $1,023,000 (-15.74%) 3,240 $1,690 4 / 3 / 1 2023-03-10
6045 La Gorce Dr
BEACH VIEW ADDN
$3,750,000 $3,975,000 $225,000 (-5.66%) 3,568 $1,051 5 / 4 / 0 2023-03-06
385 N Shore Dr
NORMANDY GOLF COURSE
$3,680,000 $3,990,000 $310,000 (-7.77%) 2,394 $1,537 3 / 2 / 0 2023-03-03
511 W Dilido Dr
DI LIDO ISLAND
$3,750,000 $4,000,000 $250,000 (-6.25%) 3,760 $997 4 / 4 / 0 2023-03-01
6480 Allison Rd
INDIAN CREEK SUB
$22,583,000 $28,000,000 $5,417,000 (-19.35%) 10,278 $2,197 7 / 9 / 0 2023-02-28
4585 Nautilus Dr
Nautilus Subdivision
$7,100,000 $7,995,000 $895,000 (-11.19%) 0 0 6 / 6 / 1 2023-02-24
840 W 47th Court
Villas at Ritz Carlton MB
$4,775,000 $4,990,000 $215,000 (-4.31%) 3,792 $1,259 3 / 3 / 1 2023-02-23
102 S Hibiscus Dr
HIBISCUS ISLAND
$9,250,000 $10,390,000 $1,140,000 (-10.97%) 5,149 $1,796 5 / 6 / 1 2023-02-22
201 N Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$5,900,000 $5,900,000 $0 (0%) 1,563 $3,775 4 / 3 / 0 2023-02-22
158 Palm Ave
PALM ISLAND
$32,000,000 $39,900,000 $7,900,000 (-19.8%) 0 0 7 / 7 / 3 2023-02-17
3045 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$2,250,000 $2,495,000 $245,000 (-9.82%) 2,840 $792 4 / 2 / 0 2023-02-17
7717 Atlantic Way
ALTOS DEL MAR NO 1
$20,000,000 $24,500,000 $4,500,000 (-18.37%) 7,324 $2,731 5 / 7 / 1 2023-02-16
5572 Pine Tree Dr
BEACH VIEW SUB
$3,800,000 $3,800,000 $0 (0%) 3,755 $1,012 5 / 3 / 1 2023-02-14
5208 Alton Rd
LA GORCE GOLF SUB
$1,740,000 $1,875,000 $135,000 (-7.2%) 3,848 $452 6 / 6 / 0 2023-02-10
5941 N Bay Rd
LA GORCE GOLF SUB
$2,150,000 $2,650,000 $500,000 (-18.87%) 1,966 $1,094 5 / 2 / 1 2023-02-08
1381 Normandy Dr
2ND REV PL OF PORT OF OCE
$1,100,000 $1,133,000 $33,000 (-2.91%) 1,550 $710 4 / 3 / 0 2023-02-08
1645 Cleveland Rd
BISCAYNE POINT
$13,065,000 $13,900,000 $835,000 (-6.01%) 5,625 $2,323 6 / 7 / 1 2023-02-07
8030 Noremac Ave
BISCAYNE POINT
$1,575,000 $1,800,000 $225,000 (-12.5%) 2,040 $772 3 / 3 / 0 2023-02-06
6180 Pine Tree Dr
BEACH VIEW ADDN
$2,700,000 $3,450,000 $750,000 (-21.74%) 3,673 $735 4 / 3 / 0 2023-02-01
1827 Michigan Ave
PALM VIEW SUB
$1,650,000 $2,100,000 $450,000 (-21.43%) 1,738 $949 5 / 3 / 0 2023-02-01
4526 Post Ave
SURPRISE LAKE
$1,550,000 $1,890,000 $340,000 (-17.99%) 1,873 $828 3 / 2 / 0 2023-02-01

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
2315 Lake Ave
SUNSET LAKE EXTENSION
$30,000,000 $0 (0%) 4,676 $6,416 6 / 6 / 0 148
416 W San Marino Dr
SAN MARINO ISLAND
$29,000,000 $0 (0%) 6,357 $4,562 5 / 6 / 1 166
5369 Pine Tree Dr
BEACH VIEW
$13,750,000 $0 (0%) 6,620 $2,077 7 / 6 / 3 43
1510 Stillwater Dr
BISCAYNE BEACH-2ND ADDN
$8,250,000 $0 (0%) 3,923 $2,103 4 / 4 / 1 68
470 S Shore Dr
NORMANDY GOLF COURSE
$7,700,000 $250,000 (3.36%) 4,831 $1,594 5 / 6 / 1 77
5831 Alton Rd
LA GORCE GOLF SUB
$5,999,999 $0 (0%) 3,441 $1,744 4 / 4 / 1 107
1545 Meridian Ave
LINCOLN SUB
$5,500,000 $0 (0%) 3,196 $1,721 4 / 4 / 0 237
5514 Pine Tree Dr
BEACH VIEW SUB
$4,999,999 $0 (0%) 4,739 $1,055 6 / 5 / 1 25
5324 Pine Tree Dr
BEACH VIEW SUB
$4,550,000 $0 (0%) 3,783 $1,203 4 / 4 / 1 551
227 N Shore Dr
NORMANDY GOLF COURSE
$4,425,000 $225,000 (-4.84%) 2,506 $1,766 4 / 3 / 0 56
6146 Pine Tree Dr
BEACH VIEW ADDN
$4,000,000 $0 (0%) 3,066 $1,305 5 / 3 / 1 36
5414 Pine Tree Dr
BEACH VIEW SUB
$4,000,000 $400,000 (-9.09%) 3,584 $1,116 5 / 4 / 1 187
4230 Chase Ave
NURSERY SUB
$4,000,000 $250,000 (-5.88%) 3,235 $1,236 5 / 5 / 0 225
2153 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$3,995,000 $100,000 (-2.44%) 3,274 $1,220 4 / 4 / 0 210
5225 La Gorce Dr
BEACH VIEW SUB
$3,985,000 $0 (0%) 2,906 $1,371 4 / 3 / 0 39
1435 / 1340 Bay Rd/Flamingo Way
ALTON BEACH BAY FRONT RE-
$3,850,000 $0 (0%) 1,554 $2,477 2 / 2 / 0 127
2575 Pine Tree Dr
FLAMINGO TERRACE EXTENSIO
$3,460,000 $390,000 (-10.13%) 2,761 $1,253 3 / 3 / 0 134
321 W 63rd St
BEACH VIEW ADDN
$3,450,000 $0 (0%) 0 0 5 / 5 / 1 20
4365 Alton Rd
NAUTILUS EXTENSION
$3,450,000 $0 (0%) 2,917 $1,183 3 / 2 / 1 320
4740 Alton Rd
NAUTILUS SUB
$3,400,000 $450,000 (-11.69%) 3,005 $1,131 5 / 5 / 1 93
3745 Pine Tree Dr
FLAMINGO TERRACE SUB
$3,100,000 $0 (0%) 3,078 $1,007 4 / 3 / 0 121
4354 Alton Rd
NAUTILUS SUB
$3,100,000 $150,000 (5.08%) 0 0 4 / 3 / 1 487
445 W 42nd St
ORCHARD SUB NO 4
$2,999,999 $1 (-0%) 2,899 $1,035 4 / 4 / 0 615
1470 Cleveland Rd
BISCAYNE POINT
$2,900,000 $250,000 (-7.94%) 2,500 $1,160 4 / 3 / 0 133
1816 Cleveland Rd
BISCAYNE POINT
$2,800,000 $490,000 (-14.89%) 2,525 $1,109 4 / 3 / 0 163
440 E DILIDO DR
DI LIDO ISLAND
$2,650,000 $1,349,000 (-33.73%) 2,462 $1,076 3 / 3 / 0 349
6200 Alton Rd
LA GORCE GOLF SUB
$2,500,000 $190,000 (-7.06%) 3,534 $707 4 / 4 / 0 1383
3457 Sheridan Ave
ORCHARD SUB 2 & 3
$1,995,000 $0 (0%) 2,222 $898 4 / 3 / 0 39
1461 Marseille Dr
OCEANSIDE SEC ISLE OF NOR
$1,900,000 $99,999 (-5%) 1,630 $1,166 4 / 3 / 0 168
719 Lenox Ave
OCEAN BEACH ADDN NO 3
$1,599,000 $0 (0%) 1,984 $806 4 / 4 / 0 81

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
6001 N Bay Rd
LA GORCE GOLF SUB
$6,775,000 $3,995,000 $2,780,000 (-41.03%) 2,527 $1,581 3 / 4 / 0 287
7921 Noremac Ave
BISCAYNE POINT
$3,200,000 $1,900,000 $1,300,000 (-40.63%) 4,154 $457 4 / 5 / 0 124
2051 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$14,995,000 $9,450,000 $5,545,000 (-36.98%) 3,575 $2,643 4 / 5 / 1 110
211 N Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$15,000,000 $9,600,000 $5,400,000 (-36%) 3,795 $2,530 7 / 5 / 0 573
440 E DILIDO DR
DI LIDO ISLAND
$3,999,000 $2,650,000 $1,349,000 (-33.73%) 2,462 $1,076 3 / 3 / 0 349
5225 N Bay Rd
LA GORCE GOLF SUB
$3,895,000 $2,850,000 $1,045,000 (-26.83%) 2,466 $1,156 4 / 4 / 1 333
2700 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$34,000,000 $25,000,000 $9,000,000 (-26.47%) 10,114 $2,472 11 / 12 / 3 307
885 Fairway Dr
NORMANDY GOLF COURSE SUB
$1,799,000 $1,325,000 $474,000 (-26.35%) 1,890 $701 3 / 3 / 0 257
5061 N Bay Rd
LA GORCE GOLF SUB
$13,500,000 $9,990,000 $3,510,000 (-26%) 5,929 $1,685 8 / 7 / 1 189
1400 Biarritz Dr
OCEANSIDE SEC ISLE OF NOR
$1,299,000 $999,000 $300,000 (-23.09%) 1,644 $608 4 / 3 / 0 143
6445 Allison Rd
INDIAN CREEK SUB
$25,500,000 $19,750,000 $5,750,000 (-22.55%) 7,000 $2,821 6 / 7 / 2 377
2075 N Bay Rd
AMD PLAT OF SUNSET LAKE S
$3,400,000 $2,650,000 $750,000 (-22.06%) 3,105 $853 4 / 4 / 0 216
6650 Sheffield Ln
LA GORCE ISLAND
$6,900,000 $5,400,000 $1,500,000 (-21.74%) 4,098 $1,318 5 / 5 / 2 281
1510 Bay Dr
Island of Normandy
$9,499,500 $7,500,000 $1,999,500 (-21.05%) 5,165 $1,452 5 / 7 / 0 57
216 Palm Ave
PALM ISLAND
$25,000,000 $19,900,000 $5,100,000 (-20.4%) 4,896 $4,065 6 / 6 / 1 148
5347 La Gorce Dr
BEACH VIEW SUB
$4,950,000 $3,950,000 $1,000,000 (-20.2%) 2,258 $1,749 4 / 4 / 0 376
5141 Pine Tree Dr
Beach View
$15,000,000 $11,995,000 $3,005,000 (-20.03%) 6,250 $1,919 5 / 6 / 0 59
5101 Pine Tree Dr
Beach View
$26,900,000 $22,000,000 $4,900,000 (-18.22%) 15,000 $1,467 4 / 4 / 1 320
1635 W 27th St
SUNSET ISLANDS-ISLAND NO
$14,900,000 $12,250,000 $2,650,000 (-17.79%) 4,140 $2,959 5 / 4 / 0 113
620 E Dilido Dr
DI LIDO ISLAND
$9,600,000 $7,900,000 $1,700,000 (-17.71%) 6,008 $1,315 6 / 5 / 1 335
18 La Gorce Cir
LA GORCE ISLAND
$170,000,000 $140,000,000 $30,000,000 (-17.65%) 0 0 12 / 16 / 9 321
6300 N Bay Rd
LA GORCE GOLF SUB
$26,500,000 $21,950,000 $4,550,000 (-17.17%) 7,765 $2,827 6 / 7 / 1 400
1649 W 22nd St
SUNSET ISLANDS-ISLAND NO
$30,000,000 $24,900,000 $5,100,000 (-17%) 10,385 $2,398 6 / 6 / 0 180
2655 Pine Tree Dr
FLAMINGO TERRACE SUB
$4,680,000 $3,980,000 $700,000 (-14.96%) 3,486 $1,142 4 / 4 / 1 130
1816 Cleveland Rd
BISCAYNE POINT
$3,290,000 $2,800,000 $490,000 (-14.89%) 2,525 $1,109 4 / 3 / 0 163
611 W 51st St
LAKE VIEW SUB
$3,750,000 $3,199,000 $551,000 (-14.69%) 2,693 $1,188 4 / 4 / 1 141
55 LA GORCE CIR
LA GORCE ISLAND PB 34-83
$10,800,000 $9,300,000 $1,500,000 (-13.89%) 5,717 $1,627 4 / 5 / 1 201
4333 Pine Tree Dr
FLAMINGO BAY SUB NO 1
$14,500,000 $12,495,000 $2,005,000 (-13.83%) 3,375 $3,702 3 / 3 / 0 453
1560 Cleveland Rd
BISCAYNE POINT
$2,895,000 $2,500,000 $395,000 (-13.64%) 2,679 $933 4 / 3 / 0 83
6465 Pine Tree Drive Cir
BEACH VIEW ADDITION
$13,750,000 $11,900,000 $1,850,000 (-13.45%) 4,642 $2,564 6 / 5 / 1 130
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