MIAMI PRIMECondos

South Miami Condo Guide

The draw in South Miami is a downtown you can actually use on foot — Sunset Drive's restaurants and shops sit beside a Metrorail station, with quiet single-family streets folding in behind. The hospital campus supplies steady housing demand, and both Coral Gables and Coconut Grove are a five-minute drive in either direction.

South Miami by the Numbers

These benchmarks come from recorded MLS closings in South Miami during the past year — prices that actually traded and rents that were actually signed, never list prices — and they recalculate on their own as new closings post.

125
Closed sales, past year
$925K
Median closed price
$570
Median $ per sqft
47 days
Typical days to sell
209
Leases recorded, past year
$2,500/mo
Median signed rent
$3
Median rent $ per sqft
32 days
Typical days to lease
Homes Sold per Month
5Nov10Dec13Jan8Feb11Mar12Apr15May12Jun6Jul8Aug15Sep10Oct
Median Sale Price per Month
$1.6M$659KNovDecJanFebMarAprMayJunJulAugSepOct
Closed Price by Bedroom Count
BedroomsClosingsMedian price
1 bd6$278,500
2 bd25$380,000
3 bd51$875,000
4 bd25$1,350,000
5+ bd18$4,425,000
Closings by Property Type
TypeClosingsMedian price
Single Family Residence88$1,350,000
Condominium30$375,000
Townhouse7$638,000
Month-by-Month Closings
MonthClosingsMedian price
Nov 20255$1,125,000
Dec 202510$658,750
Jan 202613$1,550,000
Feb 20268$1,070,750
Mar 202611$1,200,000
Apr 202612$961,250
May 202615$800,000
Jun 202612$855,000
Jul 20266$1,637,500
Aug 20268$705,000
Sep 202615$785,000
Oct 202610$982,500
Signed Rent by Bedroom Count
BedroomsLeasesMedian rent
Studio19$1,300/mo
1 bd67$1,900/mo
2 bd41$2,700/mo
3 bd49$4,750/mo
4 bd27$7,250/mo
5+ bd6$14,875/mo

A Real Main Street With a Train

South Miami packs an unusual amount of city into a small footprint: roughly twelve thousand residents arranged around the Sunset Drive district, one of Miami-Dade's few authentic walkable downtowns, where oak-shaded café tables, a Metrorail station and a major hospital campus all sit within a few blocks of each other. Hemmed in by Coral Gables to the north and Pinecrest to the south, the self-styled City of Pleasant Living delivers a combination its wealthier neighbors cannot — village scale with genuine rail transit, plus a restaurant row that Gables and Pinecrest residents happily colonize.

The next chapter is being written downtown. The long-awaited redevelopment of the Shops at Sunset Place parcel stands to remake the core, Baptist's South Miami Hospital sustains thousands of jobs a short walk from the station, and the finished stretches of the Underline have converted the land beneath the rail guideway into a linear park. The buyer's thesis is straightforward: Gables-adjacent living — sometimes literally across the street from it — at a durable discount, accepting a small city's tax base and a housing stock that varies block to block.

The Housing Map, Block by Block

The strongest streets lie north of Sunset toward the Gables boundary, where 1930s-50s houses sit under mature oaks within strolling distance of downtown and the train. The Cocoplum Terrace and Davis Road sections hold the classic mid-century family homes, while the blocks running south toward the hospital mix updated ranches with townhouse infill. South Miami is overwhelmingly low-rise; its limited condo inventory gathers near the Metrorail station, where a walk-to-platform address is the whole pitch — and a persuasive one for downtown commuters.

West of US-1 sit the city's more attainable streets, along with unincorporated pockets that buyers routinely mistake for the city proper — worth verifying, since services and taxes differ. Here the market prices on walkability above all: distance to the station, to Sunset Drive and to the coveted elementary zone does most of the work. Investors circle the duplex-friendly fringes; families run the math on near-Gables geography without Gables carrying costs.

Connected in Every Direction

Rail is South Miami's structural advantage: its own Metrorail station reaches Brickell in about twenty minutes while US-1 traffic idles below, and the Underline's path now runs beneath the guideway for cyclists and runners. Miracle Mile is five minutes north, Dadeland five minutes south, and the hospital district pulls commuters inbound every morning — a small city that imports workers rather than exporting them. Sunset Drive itself, with its farmers market, fountain corner and café sprawl, remains the template other Miami suburbs keep trying to replicate from nothing.

Buying a Condo or Home in South Miami

Much of the demand here comes down to Metrorail access and a walkable Sunset Drive core. Use the bedroom and property-type benchmarks to see where your budget lands in South Miami, then shortlist buildings before you shortlist units — the association behind a condo shapes your monthly cost as much as the floor plan does. Any listing you open puts the photos, the unit record and the broker one tap away.

A mortgage-backed purchase in South Florida generally needs a month to six weeks to reach closing; an all-cash buyer can finish in roughly half that. For a condo, build in time for the association application and board interview, ask early for the budget, reserve study and milestone-inspection status, and get windstorm and flood quotes before writing an offer. Started on day one, none of this slows a South Miami purchase down.

Leasing in South Miami

Sensibly priced South Miami rentals rarely sit; many lease within a few weeks, and landlords commonly collect the first and last month's rent plus a security deposit at signing. Condo rentals also need the association's tenant approval, which runs on the board's calendar. The signed-rent table shows what tenants agreed to pay by bedroom count during the past year, and the rental map shows what is open for lease today.

Largest Residences Listed in South Miami

Browse all South Miami listings →

Around South Miami: Places Worth Knowing

Sunset Drive

The oak-canopied main street where the city's shopping, dining and civic life share a single walkable spine.

The Underline, South Miami stretch

The linear park under the Metrorail guideway, linking the city toward Brickell by foot and bike.

Dante Fascell Park & Fuchs Park

The city's neighborhood greens — Fascell's tennis courts are an institution across south Dade.

The Shops at Sunset Place

The landmark retail parcel whose redevelopment will define downtown's next era.

South Miami Hospital

Baptist Health's flagship community hospital and the city's largest economic engine.

Matheson Hammock & Fairchild Garden (adjacent)

Bayfront swimming and one of the world's great tropical gardens, ten minutes east.

Where South Miami Eats

Deli Lane Café

Sidewalk tables on Sunset Drive and the brunch the city has defaulted to for decades.

Whisk Gourmet

Southern comfort cooking with a reputation that reaches well beyond the city line.

Fox's Sherron Inn

A 1946 red-leather lounge brought back to life — the most storied barroom in south Dade.

Town Kitchen & Bar

The polished new-American dining room of the downtown core.

The Sunset Drive row

Sushi bars, taquerias and wine spots filling out the walkable center.

The Lebanese counters

Khoury's and its neighbors — the Mediterranean spots locals quietly guard.

South Miami Schools

Sunset Elementary
Public

The renowned international-studies magnet — French, Spanish and German tracks with waiting lists from across the county.

South Miami K-8 Center & Middle Arts Magnet
Public

The arts-focused magnet middle at the core of the city's public pipeline.

South Miami Senior High
Public

The district high school serving the city's edge.

St. Thomas Episcopal Parish School
Private

The parish day school south of downtown, a longtime fixture.

Gulliver Preparatory & Riviera Schools (adjacent)
Private

The Gables' leading independents, minutes from any address in the city.

Attendance zones get redrawn from time to time. Before a school factors into a purchase, confirm the assignment for that exact address with Miami-Dade County Public Schools and check private-school admission with each school itself.

South Miami Condo & Home Buying Questions

Why do condo values in South Miami vary so much from one building to the next?

South Miami draws buyers for Metrorail access and a walkable Sunset Drive core, yet condo pricing here is set tower by tower: construction era, reserve funding, amenities, insurance costs and view lines can separate two buildings on the same block. Treat the closed-sale benchmarks in this guide as the baseline, then compare individual buildings before you narrow down to a unit.

Where can I find recent sale prices for South Miami?

The South Miami benchmarks near the top of this guide report the past year's median closed price, price per square foot and bedroom-level medians. They are recalculated from recorded MLS closings as new ones post, so you are never reading a quarterly report that went stale weeks ago.

Is a condo or a single-family house the better fit in South Miami?

Start with the property-type table, which shows how condo closings in South Miami compare with houses and townhouses. Choosing a condo makes the association's budget, reserves, master insurance policy and approval process part of your purchase; choosing a house makes the roof, windstorm coverage and upkeep yours alone. Each property type has its own map search in the links further down.

How can I see every South Miami condo that is listed right now?

Open the South Miami condos-for-sale map. It plots each active MLS listing within the city limits, lets you filter by bedrooms, price and property type, and refreshes whenever the feed does — no stale or off-market units.

Discover Your Perfect Home

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Bedroom Size Homes in South Miami
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