MIAMI PRIMECondos

Miami, FL Real Estate Guide

No two Miami condo searches look alike, because the city is really a collection of vertical markets — a glass tower over Biscayne Boulevard lives nothing like a mid-rise off Coral Way or a loft near the Miami River. Serious buyers start by picking a district, from Brickell and Edgewater to Coconut Grove and Little Havana, and only then compare buildings, since amenities, HOA culture and price per foot shift block by block.

Miami Market Snapshot

Every figure below is computed from closed MLS transactions in Miami over the trailing twelve months — what buyers and tenants actually paid, not asking prices — and refreshes continuously.

10,471
Homes sold, last 12 months
$570K
Median sale price
$396
Median price per sqft
52 days
Median time on market
21,611
Leases signed, last 12 months
$2,800/mo
Median rent achieved
$3
Median rent per sqft
41 days
Median time to lease
Homes Sold per Month
920Oct734Nov934Dec659Jan771Feb1,030Mar989Apr978May990Jun902Jul837Aug302Sep
Median Sale Price per Month
$599K$545KOctNovDecJanFebMarAprMayJunJulAugSep
Median Sale Price by Bedrooms
BedroomsSalesMedian price
Studio97$335,000
1 bd1,249$340,000
2 bd2,621$405,000
3 bd3,650$570,000
4 bd2,089$750,000
5+ bd765$1,229,000
Sales by Property Type
TypeSalesMedian price
Single Family Residence5,349$690,000
Condominium3,867$384,000
Townhouse1,109$475,000
Villa75$425,000
Stock Cooperative42$68,500
12-Month Sales Trend
MonthHomes soldMedian price
Oct 2025920$565,000
Nov 2025734$570,000
Dec 2025934$545,000
Jan 2026659$575,000
Feb 2026771$580,000
Mar 20261,030$599,450
Apr 2026989$570,000
May 2026978$560,000
Jun 2026990$589,500
Jul 2026902$560,000
Aug 2026837$560,000
Sep 2026302$590,000
Median Rent by Bedrooms
BedroomsLeasesMedian rent
Studio1,022$1,950/mo
1 bd6,585$2,300/mo
2 bd7,939$2,600/mo
3 bd4,446$3,200/mo
4 bd1,328$4,048/mo
5+ bd291$5,850/mo

A City of Districts on the Bay

The city of Miami proper is often confused with the metro that borrows its name, but inside the municipal lines lives a distinct place: a stack of neighborhoods running from the Little River corridor down through Edgewater, Wynwood, Downtown, Brickell and on to Coconut Grove, all of it pressed against Biscayne Bay. This is where the region keeps its skyline, its banking towers and its densest condo inventory, and it is where Latin American capital has always entered the United States first. For a buyer, the essential truth is that Miami does not behave as one market — Brickell moves to a global rhythm, the Grove to a neighborhood one, and everything in between is somewhere on its own arc of reinvention.

The bay is the organizing fact. East-facing addresses along the water carry the views, the breezes and the enduring premiums; the further west a street sits from Biscayne Boulevard, the more the market starts to reward patience and vision instead. Residents who thrive here tend to be the ones who picked a neighborhood to match their actual routine — where they work, where their kids go to school, which causeway they cross — rather than an abstraction of Miami as a whole. Congestion, insurance and construction noise are the recurring complaints; the compensation is a genuinely urban, genuinely tropical city that no other American market replicates.

Condo Corridors from Brickell to Edgewater

Brickell is the deepest condo market in the state, layered from dependable early-2000s towers up through Brickell Key's island enclave and a continuing pipeline of branded and supertall projects. Buyers can calibrate almost any budget against almost any amenity package within a few walkable blocks. North of the river, Downtown and the Miami Worldcenter blocks deliver newer construction with resort-grade amenity decks at a gentler cost of entry, while Edgewater has matured into the city's bay-front alternative — a nearly continuous line of glass along the water, with projects like Missoni Baia and Aria Reserve defining its newer generation.

Midtown and Wynwood supply the mid-rise and loft energy for buyers who want galleries and restaurants downstairs rather than a pool deck upstairs. Along the Upper Eastside, boutique buildings mix with the MiMo district's low-slung character. The discipline that rewards condo buyers everywhere in Florida applies doubly in Miami's older stock: study the association before the unit — reserves, recertification standing and assessment history now decide which buildings appreciate and which stall.

Houses, Islands and the Low-Rise Side

Away from the towers, Miami keeps a surprisingly deep single-family city. Coconut Grove is its flagship — shaded ridge streets, sailing culture at Dinner Key and an unmatched cluster of schools — with the Mediterranean-era blocks of Shenandoah, Coral Way and the Roads carrying 1920s character toward the center. The Upper Eastside hides gated pockets like Morningside and Belle Meade off Biscayne Boulevard, and the Venetian and San Marco islands string bridge-connected waterfront living between the mainland and the Beach.

True waterfront houses inside city limits are structurally scarce, which is why the Grove's bayfront and the island enclaves hold value through every cycle. Buyers priced off the barrier islands frequently discover that the city itself spans the region's widest range — from first-condo entry points to some of the most expensive residential trades in the country — often within a fifteen-minute drive of each other.

Transit, Airports and Daily Logistics

Miami is the hub the rest of the region commutes toward, and living centrally means most trips run against the traffic. Metrorail connects Brickell, Downtown, the Health District and the Dadeland corridor; the Metromover circulates the core for free; and Brightline runs north from MiamiCentral to Fort Lauderdale, Boca Raton, West Palm Beach and ultimately Orlando. The airport sits within roughly twenty minutes of most city neighborhoods, and the Rickenbacker Causeway puts genuine beaches at Key Biscayne within reach of a Brickell lunch hour. The honest advice for any buyer: choose the neighborhood that shortens your actual daily loop, because rush hour across town is not negotiable at any price.

Buying a Home in Miami

Buying in Miami starts with understanding what drives its market: district-by-district condo shopping across Miami's tallest skyline. Benchmark the segment you're shopping with the bedroom and property-type tables above, then open the live map search to see everything currently available — every listing links straight to full photos, details and an inquiry line to a licensed Florida broker.

Financed purchases in South Florida typically close in 30–45 days, while cash can close in as little as two weeks. Condo purchases usually add an association-approval step, and properties near the water carry insurance considerations worth pricing before you offer — both are routine in Miami transactions when planned early.

Renting in Miami

Rentals move faster than sales — well-priced Miami units are often signed within weeks, and most annual leases require first month, last month and a security deposit up front. The rent tables above show what tenants actually committed to by bedroom count over the last year; the live rental search shows every home and condo currently offered.

Featured Listings in Miami

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Things to Do & Places to See in Miami

Vizcaya Museum & Gardens

The 1916 Deering estate on the Coconut Grove waterfront — Italianate gardens, the stone barge and the city's most photographed piece of history.

Pérez Art Museum Miami

The bayfront contemporary museum whose hanging gardens and terrace have become Downtown's cultural living room.

Frost Museum of Science

Planetarium, rooftop ecology decks and a spiraling aquarium tower next door to PAMM in Museum Park.

Wynwood Walls

The curated mural park at the heart of Wynwood, ringed by galleries, breweries and a constantly repainted neighborhood.

Miami Design District

Fashion flagships, public art commissions and destination dining in a walkable luxury quarter north of Midtown.

Little Havana

Calle Ocho's cigar shops, domino tables and cafecito windows — the cultural anchor of Cuban Miami.

Bayfront Park & Kaseya Center

Downtown's waterfront green and the Heat's arena, connected to the growing Baywalk along the bay.

Coconut Grove waterfront

Marinas, Peacock Park and the CocoWalk village — the city's oldest neighborhood at its most relaxed.

Brickell City Centre

The open-air retail and dining complex threading through the financial district beneath its climate ribbon.

Dining in Miami

Versailles

The Calle Ocho landmark where Cuban Miami has taken its ropa vieja and its politics since 1971.

Zuma

Contemporary izakaya dining on the riverfront — Brickell's reliable setting for a deal celebrated.

Cote Miami

Korean steakhouse precision in the Design District, holding a Michelin star and a difficult reservation book.

Boia De

A pocket-sized Buena Vista Italian with a star of its own and a devoted local following.

Mandolin Aegean Bistro

Greek and Turkish cooking in a whitewashed Buena Vista garden that feels far from the city around it.

Garcia's Seafood Grille

Dockside grouper and stone crab where the fishing boats still land on the Miami River.

GreenStreet Café

Coconut Grove's corner brunch institution and the neighborhood's default meeting spot.

Joe's Stone Crab

Technically over the causeway in South Beach, but no Miami dining list survives without it.

Schools in Miami

Coral Way K-8 Center
Public

A pioneering bilingual public program with a century of history in the Coral Way corridor.

Design & Architecture Senior High
Public

The Design District's magnet, a fixture near the top of national public-school rankings.

MAST Academy
Public

Marine-science magnet on Virginia Key with a statewide reputation.

New World School of the Arts
Public

Audition-entry conservatory training for dance, music, theater and visual arts downtown.

Ransom Everglades School
Private

Highly selective independent school split across two Coconut Grove campuses on and near the bay.

Carrollton School of the Sacred Heart
Private

All-girls Sacred Heart education on a historic bayfront estate in the Grove.

Miami Dade College & Florida International University
Higher Ed

MDC anchors the downtown campus district while FIU powers the city's professional pipeline from the west.

School attendance boundaries change — always verify a specific address's assigned schools with Miami-Dade County Public Schools (or the relevant district) and confirm private-school admissions directly before relying on them in a purchase decision.

Condo Neighborhoods in Miami

Brickell condos
Brickell

Brickell packs Florida's tallest skyline into a single walkable square mile, where roughly fifty condo towers serve everyone from first-time buyers in the 2000s high-rises to penthouse hunters on the South Brickell bayfront. Our directory pairs every building with live listings, fee data and market trends, so you can compare the financial district's full inventory in one place.residential towers running from the Miami River south along Brickell Avenue. From Ugo Colombo's Bristol Tower and Santa Maria, which defined the neighborhood's luxury era in the 1990s, to Brickell City Centre, Una and the supertall generation, these are the buildings that make up the skyline.

Explore Brickell condos →
Brickell Key condos
Brickell Key

Eleven towers, one bridge, and no land left to build on — Brickell Key is Miami's fixed-supply island market, moments from the financial district yet surrounded entirely by Biscayne Bay. This page tracks current inventory, pricing and building intelligence for every address on the island, from the 1982 originals to Asia's flow-through residences.Swire Properties — reached by a single bridge and ringed by a bayfront walking path. Its eleven condo towers, from 1982's Brickell Key One to the ultra-luxury Asia, offer something the mainland can't: water on every side, no through traffic, and a resort quiet five minutes from the financial district.

Explore Brickell Key condos →
Downtown Miami condos
Downtown Miami

Downtown Miami is where urban Miami's pricing is friendliest, its rental rules most flexible, and its bay views most protected — a rare trifecta in one district. From the Museum Park row to the Worldcenter condo-hotels and the Aston Martin sail on the river, this directory covers every building buyers and investors actually shortlist.River to Museum Park, where Biscayne Boulevard's 2000s towers face Bayfront Park and the Kaseya Center, Miami Worldcenter rises over the Brightline's MiamiCentral station, and landmarks like Zaha Hadid's One Thousand Museum and the Aston Martin Residences bookend the skyline. It is also Miami's capital of flexible ownership, home to the short-term-rental-friendly Elser, Natiivo and YotelPad.

Explore Downtown Miami condos →
Coconut Grove condos
Coconut Grove

Coconut Grove trades skyline for banyan canopy — a bayfront village of marinas, top schools and a short roster of condo buildings that runs from 1980s bayview classics to towers by Bjarke Ingels and OMA. Because the Grove permits so little new construction, knowing each building matters more here than anywhere; this directory covers them all.Biscayne Bay, wrapped around the sailboat moorings of Dinner Key and a walkable center of cafes, galleries and CocoWalk. Its condos line South Bayshore Drive from 1980s classics like Grove Isle and Grove Towers to the architectural wave that remade the waterfront: Grove at Grand Bay's twisting towers, the OMA-designed Park Grove collection, Mr. C, and Vita on the Grove's private island.

Explore Coconut Grove condos →
Edgewater condos
Edgewater

Edgewater strung two miles of open-bay frontage with condo towers in a single generation, and it remains the most affordable way to wake up to unobstructed water in urban Miami. Browse every address from the Margaret Pace Park workhorses to Missoni Baia and Aria Reserve, each with live listings and a current market report.Causeway and 36th Street where a wall of glass towers now faces Biscayne Bay across Margaret Pace Park. The 2000s pioneers (Opera Tower, Quantum, 1800 Club) have been joined by the Related Group's four-tower Paraiso district, Biscayne Beach's urban beach club, Missoni Baia, Elysee and Aria Reserve — with Wynwood, Midtown and the Design District a few blocks inland.

Explore Edgewater condos →

Miami Real Estate FAQ

Is Miami a good place to buy a home?

Miami is known for district-by-district condo shopping across Miami's tallest skyline, and that identity anchors long-term demand. Judge the market by the numbers on this page — actual closed sales, the median sale price, and how long homes took to sell over the trailing twelve months.

What is the median home price in Miami?

The market snapshot above shows the current 12-month median sale price for Miami, along with price per square foot and medians broken out by bedroom count and property type — all computed from closed MLS sales, refreshed continuously rather than quoted from stale reports.

Should I buy a condo or a house in Miami?

The property-type table above shows how Miami sales split between condos, single-family homes and townhomes, and what each segment's median ran over the last year. Condos add monthly association dues and a board-approval step; houses carry their own insurance and maintenance. Every property type has its own live search page linked below.

How do I see every home for sale in Miami?

Use the Miami map search — every active MLS listing in the city, updated continuously, with the city boundary drawn on the map and filters for property type, bedrooms and price.

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