Oceanfront

It suits buyers who want to live by the water in Miami Beach, with 420 of 461 active listings in the waterfront segment. Distinct pockets like South Pointe and North Shore offer different vibes along the same beach corridor. Expect a condo-forward, walkable lifestyle rather than large single-family lots.

It runs premium on a per-foot basis, averaging about $1,014/sqft against a median home size of roughly 1,030 sqft. That said, the median list price is $770,000 and listings start as low as $95,000, so there are real entry points. The luxury end climbs steeply, with 153 listings at $1M or more and a ceiling of $37 million.

The median list price is $770,000, while homes that actually closed over the past 12 months had a median sold price of $650,000 across 360 sales. The range is broad — from $95,000 studios to $37 million estates — so your number depends heavily on which pocket, from Flamingo Lummus to Isle Of Normandy, you're shopping.

It's a patient market: the median listing sits 93 days before selling, and sellers are getting about 94% of asking on average. With 461 active listings against 360 sales in the past year, buyers have selection and room to negotiate. Pricing sharply matters here, so well-priced homes still move.

Median property tax runs about $8,257 per year in this corridor. HOA figures aren't reported in the current data, but since the market is overwhelmingly condo and waterfront, expect monthly association dues on most units — confirm them building by building. If you're weighing renting first, the median rent here is around $4,750 per month.