Why Live in Park West
Park West in Miami is a dynamic neighborhood that has rapidly transitioned into a luxury market, featuring a mix of older buildings from 1989 and modern upscale developments. The area is known for its high-end condos, with prices for one-bedroom units in newer buildings ranging from $500,000 to $1.1 million, and larger condos reaching up to $7.9 million. Maurice A. Ferré Park, a 28-acre waterfront park, serves as a central attraction, offering art installations, a bayfront walkway, and a dog park. Nearby cultural landmarks include the Phillip and Patricia Frost Museum of Science and the Pérez Art Museum Miami, which showcases contemporary art. The Kaseya Center, home to the Miami Heat, also hosts various events and concerts. Biscayne Boulevard is the neighborhood's main thoroughfare, lined with diverse dining options such as Pucci’s Pizza, Pierogi One, and Red Rooster. Bayside Marketplace, a mile away, provides additional shopping and dining opportunities. For daily needs, Whole Foods and Publix are within walking distance. Park West is well-connected with its own Metromover station and proximity to Interstate 95, UHealth Tower hospital 2 miles away, and Miami International Airport 6 miles east. The neighborhood is served by Miami-Dade County Public Schools, with Booker T. Washington Senior High being the highest-rated school in the area.
Home Trends in Park West, FL
On average, homes in Park West, Miami sell after 131 days on the market compared to the national average of 52 days. The median sale price for homes in Park West, Miami over the last 12 months is $725,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$725,000
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$1,200,000
Median 2 Bedroom Sale Price
$830,000
Median 1 Bedroom Sale Price
$606,000
Average Price Per Sq Ft
$827
Number of Homes for Sale
248
Last 12 months Home Sales
118
Median List Price
$762,500
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
-7%