The Magic City: Luxury Real Estate in Miami, Florida

Miami is South Florida's principal luxury real estate market, drawing local buyers and international investors to its waterfront condominiums, single-family homes, and new developments. The city ranges from the high-rise towers of Brickell, Downtown, and Edgewater to the residential streets of Coconut Grove, with views over Biscayne Bay and the Atlantic from many buildings.

Property types include condominiums, single-family residences, and new construction, and the market supports both owner-occupants and rental investors. Long-term leases are common, and short-term rentals are possible where building rules and local regulations allow.

Miami, Florida Real Estate Market Trends & Prices

For sale

Number of properties For sale: 5083
Price range: $226,000 - $110,000,000
Average $/SQ.FT (Asking Price): $780/SqFt
Average $/SQ.FT (Closed): $547/SqFt
Median Price: $695,000
Average Days on the Market: 150 Days
Transactions over the last 6 months: 3297
Transactions over the last 12 months: 6422

For rent

Number of properties For rent: 4118
Price range: $1,800 - $240,000
Average $/SQ.FT (Asking Price): $4/SqFt
Average $/SQ.FT (Closed): $4/SqFt
Median Price: $3,500
Average Days on the Market: 81 Days
Transactions over the last 6 months: 7157
Transactions over the last 12 months: 13983

Our exclusive services, tailored to find your dream luxury home in Miami

If you are looking to buy in Miami, you will have access to the most exclusive properties available in this area with our daily updated database. Our consultants who are experts in the market of luxury homes and condos for sale in Miami, will be happy to answer all your questions.

While our real estate team takes care of your project, our legal team can assist you in setting up any kind of legal structure you may need for your real estate investment in Miami.