Condo Miami Beach Buy Page

These units are undergoing "structural repricing." Buyers are aggressively negotiating discounts to account for mandatory structural integrity reserve studies, special assessments, and rising insurance premiums. Neighborhood Highlights Neighborhood Price/SF Range Top Building Examples South of Fifth (SoFi) Ultra-exclusive, high-net-worth $1,500 – $3,500+ Apogee , Continuum Mid-Beach Tranquil, branded-luxury hub $1,100 – $1,600 The Perigon , Faena House North Beach Rapidly transforming, value-play $800 – $1,200 72 Park Bal Harbour / Surfside Secluded, trophy oceanfront $1,000 – $2,500+ Surf Club (Auberge) Actionable Tips for Buyers

$504,000–$700,000 (up 7.2% year-over-year). condo miami beach buy

High resale inventory in older buildings (often 17+ months of supply) provides significant leverage for buyers willing to handle potential assessments. These units are undergoing "structural repricing

Averages $815 Beach-wide, but luxury oceanfront regularly exceeds $1,292/sq ft. 500 – $3