Market Insights for South Beach Luxury Homes For Sale

As of 03-27-2024

For Sale

  • Active For Sale49
  • Average Price$22,060,220
  • Average Price / Sqft$3,932
  • Average Days on Market246
  • Largest Price Reduction$4,000,000
  • Largest Price Increase$20,050,000

Pending Sales

  • Pending For Sale4
  • Average Price$18,322,500
  • Average Price / Sqft$3,097
  • Average Days on Market256
  • Largest Price Reduction$1,200,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)5
  • Average Price$22,360,000
  • Average Price / Sqft$2,884
  • Average Days on Market229
  • Largest Price Reduction$11,000,000
  • Largest Price Increase$-400,000

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
1011 N Venetian Dr
BISCAYNE ISL
$10,000,000 $12,995,000 $2,995,000 (-23.05%) 3,671 $2,724 4 / 3 / 0 2024-03-25
Address Not Available
$6,920,000 $8,300,000 $1,380,000 (-16.63%) 3,795 $1,823 7 / 5 / 0 2024-03-06
100 W San Marino Dr
SAN MARINO ISLAND
$22,500,000 $22,900,000 $400,000 (-1.75%) 5,165 $4,356 5 / 7 / 0 2024-03-01
1142 N Venetian Dr
BISCAYNE ISL
$14,000,000 $16,999,000 $2,999,000 (-17.64%) 6,685 $2,094 6 / 5 / 1 2024-01-30
603 E Dilido Dr
DI LIDO ISLAND
$8,300,000 $8,900,000 $600,000 (-6.74%) 3,511 $2,364 5 / 3 / 2 2023-09-22
27 Star Island Dr
CORRECTED PL OF STAR ISLA
$57,000,000 $68,000,000 $11,000,000 (-16.18%) 19,778 $2,882 9 / 12 / 0 2023-09-14

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
416 W San Marino Dr
SAN MARINO ISLAND
$29,000,000 $0 (0%) 6,357 $4,562 5 / 6 / 1 538
1378 S Venetian Way
SAN MARCO
$18,990,000 $0 (0%) 6,613 $2,872 6 / 6 / 2 42
394 S Hibiscus Dr
HIBISCUS ISLAND
$17,000,000 $1,000,000 (-5.56%) 6,145 $2,766 6 / 7 / 0 198

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
508 W Dilido Dr
DI LIDO ISLAND
$23,500,000 $19,950,000 $3,550,000 (-15.11%) 5,501 $3,627 4 / 4 / 1 183
851 N Venetian Dr
BISCAYNE ISL
$30,500,000 $26,500,000 $4,000,000 (-13.11%) 3,267 $8,111 4 / 4 / 0 629
206 W San Marino Dr
SAN MARINO ISLAND
$14,750,000 $12,900,000 $1,850,000 (-12.54%) 4,271 $3,020 5 / 4 / 1 695
409 E San Marino Dr
SAN MARINO ISLAND
$18,500,000 $16,499,000 $2,001,000 (-10.82%) 4,784 $3,449 6 / 6 / 0 158
320 S Hibiscus Dr
HIBISCUS ISLAND
$37,500,000 $33,500,000 $4,000,000 (-10.67%) 7,818 $4,285 7 / 7 / 1 146
369 N Hibiscus Dr
HIBISCUS ISLAND
$16,000,000 $14,350,000 $1,650,000 (-10.31%) 8,216 $1,747 9 / 11 / 0 435
244 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$8,895,000 $7,995,000 $900,000 (-10.12%) 3,086 $2,591 4 / 2 / 1 180
277 N Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$9,800,000 $8,900,000 $900,000 (-9.18%) 2,608 $3,413 5 / 5 / 1 169
1417 N Venetian Way
SAN MARCO
$30,000,000 $27,500,000 $2,500,000 (-8.33%) 8,242 $3,337 6 / 6 / 1 659
433 E Dilido Dr
DI LIDO ISLAND
$9,500,000 $8,750,000 $750,000 (-7.89%) 3,008 $2,909 4 / 4 / 0 182
30 Palm Ave
PALM ISLAND
$43,000,000 $39,900,000 $3,100,000 (-7.21%) 0 0 9 / 8 / 1 224
222 S Coconut Ln
PALM ISLAND
$14,900,000 $13,900,000 $1,000,000 (-6.71%) 4,507 $3,084 5 / 4 / 1 22
432 S Hibiscus Dr
HIBISCUS ISLAND
$30,000,000 $28,000,000 $2,000,000 (-6.67%) 6,090 $4,598 5 / 5 / 2 962
205 N Hibiscus Dr
HIBISCUS ISLAND
$16,500,000 $15,500,000 $1,000,000 (-6.06%) 3,488 $4,444 5 / 4 / 0 119
345 N Hibiscus Dr
HIBISCUS ISLAND
$16,995,000 $15,995,995 $999,005 (-5.88%) 3,646 $4,387 3 / 4 / 0 145
394 S Hibiscus Dr
HIBISCUS ISLAND
$18,000,000 $17,000,000 $1,000,000 (-5.56%) 6,145 $2,766 6 / 7 / 0 198
1369 N Venetian Way
SAN MARCO
$23,900,000 $22,900,000 $1,000,000 (-4.18%) 7,283 $3,144 5 / 5 / 1 194
1236 S Venetian Way
SAN MARCO
$27,995,000 $27,000,000 $995,000 (-3.55%) 0 0 8 / 11 / 4 285
316 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$10,900,000 $10,770,000 $130,000 (-1.19%) 2,767 $3,892 4 / 4 / 1 257
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