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Why Live in Miami Beach

Miami Beach, FL, is a vibrant beachfront community known for its cosmopolitan culture, unique architecture, and resort-style living. Nestled between Biscayne Bay and the Atlantic Ocean, this city of 80,000 residents offers diverse attractions across its distinct areas: North Beach, Mid-Beach, and South Beach. South Beach is renowned for its glamorous entertainment district, featuring the iconic Ocean Drive and the Art Deco Historic District. Residents and visitors alike enjoy upscale shopping, dining, and nightlife, with popular spots like Nikki Beach, Basement Miami, and Lincoln Road. Cultural attractions include the Wolfsonian-FIU Museum, Jewish Museum of Florida, and Miami Beach Convention Center, which hosts events like Art Basel Miami and the Miami International Boat Show. Outdoor enthusiasts can explore the Beachwalk, South Pointe Park, and Lummus Park, while Miami Beach Marina caters to nautical adventures. The city boasts highly rated schools such as South Pointe Elementary, North Beach Elementary, and Miami-Dade County Public Schools. Housing options range from midcentury single-family homes with Mediterranean Revival architecture to modern waterfront properties, though inventory is limited due to high demand. Miami Beach is conveniently located near downtown Miami and the Brickell financial district, both about a 25-minute drive away, with Miami International Airport approximately 12 miles from the island.

Home Prices in Miami Beach, FL

Home Price Trends

Median Sale Price
$610,000
Median Single Family Sale Price
$3,900,000
Median Townhouse Sale Price
$2,025,000
Median 2 Bedroom Sale Price
$770,000
Median 1 Bedroom Sale Price
$375,000
Average Price Per Sq Ft
$1,010
Number of Homes for Sale
1,969
Last 12 months Home Sales
1,861
Months of Supply
12.70
Median List Price
$689,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
5%
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