Miami-Dade Predefined Commercial Types

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  • Selling?

THINKING ABOUT SELLING?

With Video & 3D Tours, properties sell up to 31% faster and at a higher price. Contact our real estate advisor today to list your property!
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Video & 3D Virtual Tours

"With 3D Tours, properties sell up to 31% faster and at a higher price"

Thinking about selling? Contact Best of Luxury Realty Advisor today for a FREE, No-Obligation Comparative Market Analysis (CMA) and information regarding Video -or- 3D Virtual Tour presentation of your property. 

*We are offering our Buyer Clients real-time virtual property video tours and showings by Zoom, WhatsApp, Facetime, Skype, and via FB Messenger! A virtual office for electronic signatures, paperwork and closings. Contact our advisors for further details.

 

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South Beach - SoBe is situated at the southern part of Miami Beach, extending from 5th Street up to 21st Street. Popularly known as SoBe or The Beach locally, South Beach is most famous for its stretch of art deco buildings along Ocean Drive, the longest anywhere. To live in a condominium in one of these charming buildings, with their nostalgic architecture, is a coveted dream of many. Now listed in the National Register of Historic Places, most of these buildings have been maintained in their original colors of aqua blue, pastel pinks, and green.

The sizzling sun, the white sands, and brilliant blue waters make South Beach an attractive tourist destination. A paradise for celebrity watchers, its nightlife is rated as being at par with New York and Los Angeles. Its chic boutiques and range of restaurants are other attractions of South Beach. Easily accessible from Miami International Airport and a good base while visiting the Everglades, South Beach has much to offer its visitors and residents.

South Beach has recently witnessed a construction boom particularly in the SoFi or South of Fifth Street area. The high-rise condominiums offer unmatched views of the Atlantic, Biscayne Bay, downtown Miami, and the art deco district. Lincoln Street, a delightful pedestrian shopping area, is also a good place to rent a condo, as it is a short walk from all the restaurants, theaters, and shops of the district.

A concept that is gaining popularity in South Beach is the condo-hotel. You can invest in these superbly maintained luxury units and rent them out when you are not using them. A win-win situation for all!


South Beach Sold In Last 12 Months

  • Closed Sales: 204
  • Homes: 24
  • Condos: 176
  • Rentals: 455
  • Commercial: 0
  • Multifamily: 0
  • Lots and Land / Boat Docks: 4

South Beach Currently Pending

  • Pending Sales: 10
  • Homes: 1
  • Condos: 8
  • Pending Rentals: 0
  • Commercial: 0
  • Multifamily: 0
  • Lots and Land / Boat Docks: 1

South Beach Available Property

  • Homes For Sale: 37
  • Condos For Sale: 180
  • For Rent: 157

Average $/SqFt:

  • Available Sales $1,568/SqFt
  • Available Rentals $11/SqFt
  • Closed Sales $1,210/SqFt
  • Closed Rentals $5/SqFt

Average Price:

  • Homes Average Price $17,913,619
  • Condos Average Price $1,700,907
  • Average Price Sold $1,463,512
  • Rental Average Price $21,546
  • Average Price Rented $7,239