Increased Median Sales Prices for Miami's Luxury Real Estate Market
Posted by John Sabia on Thursday, July 2nd, 2015 at 5:17pm.
Miami Luxury Real Estate Scores High Median Sales Prices
The Median Sales Price for Miami Luxury Real Estate increased greatly in first Quarter 2015 as compared to same period last year. The Median Sales Price for residential homes priced in excess of 1 million was $1.7 Million; which represents an increase of more than 6 percent as compared to January - March 2014, where the median price was $1.6 million. Luxury Miami Condos also saw a 13.3% increase in the Median Sales Price of $1.7 million, versus just 1.5 million during the same quarter last year.
Miami was recently ranked 7th (out of 10) most important global cities that matter to the wealthy according to the latest Knight Frank Wealth Report. with New York City ranking #1.Â
With warm temperatures all year long and most destinations to and from Miami having direct flights from Miami Airport, this tropical paradise is a preferred destination spot to the world's most wealthiest investors and individuals.Â
Miami Luxury Properties For Sale:
6 Bed • 12 Bath • 12,930 Sf
$55,000,000
8901 Arvida Ln, Coral Gables
Exceptional Mediterranean Waterfront Villa In Guard-gated Gables Estates, The Most Exclusive Neighborhood In Coral Gables. This Home Sits On 2.38 A...
View Listing9 Bed • 13 Bath • 9,963 Sf
$49,900,000
21 Casuarina Concourse, Coral Gables
A Once In A Lifetime Opportunity To Purchase The Largest Parcel Of Land Situated Within The Secure Gates Of Gables Estates. The Properties Consist...
View Listing6 Bed • 9 Bath • 10,694 Sf
$48,000,000
150 Arvida Pkwy, Coral Gables
This Majestic Tuscan-inspired Villa, Designed By Rafael Portuondo With The Finest Finishes And Smart Technology, Is Situated On 62,000 Sf In Presti...
View Listing9 Bed • 12 Bath • 17,025 Sf
$45,000,000
700 Casuarina Concourse, Coral Gables
Lush, Tropical Landscaping Is The Essence Of El Palmar, A Truly Unique Residence Located In The Heart Of Coral Gables On One Of Its Largest Waterfr...
View Listing$41,500,000
3010 Collins Ave, Miami Beach
Renovated 7-story Boutique Hotel Offering 110 Guestrooms And Suites, A Swimming Pool, Fitness Room, And Restaurant With 4cop Liquor License. This O...
View Listing10 Bed • 12 Bath • 18,356 Sf
$39,950,000
46 Star Island Dr, Miami Beach
Prestigious Palm Beach Elegance Meets The Hip South Beach Lifestyle In This Extraordinarily Renovated Waterfront Villa With A Modern Touch! The Mos...
View Listing7 Bed • 8 Bath • 11,031 Sf
$39,900,000
100 S Pointe Drive Ph2, Miami Beach
A Monument To The Endless Pleasures Of Sun, Sea And City, Penthouse 2 At Continuum Is As Spectacular As The Views It Commands. Set Atop The South T...
View Listing53 Acres
$36,500,000
22 Ne 1st St, Miami
The International Jewelry Center Is Located In The Heart Of Downtown Miami. Property Is A Three Story 70,000 Square Foot Complex Leased To Retail A...
View Listing8 Bed • 9 Bath • 12,082 Sf
$35,000,000
182 Bal Bay Dr, Bal Harbour
Absolutely Unparalleled In Finishes, Appointments & Furniture, This 12,879 Sf Palatial Estate Is Designed Like No Other. Villa Magnolia Sits Upon 2...
View Listing10 Bed • 11 Bath • 18,359 Sf
$34,000,000
4 Tahiti Beach Island Rd, Coral Gables
Unique Estate Home Located On A Peninsula In The Exclusive Gated Community Of Tahiti Beach Island. The One Offers 21,235 Square Feet Of Living Spac...
View Listing7 Bed • 9 Bath • 11,316 Sf
$33,000,000
8585 Old Cutler Rd, Coral Gables
An Impressive 205 Ft Of Waterfront Takes Center Stage At This Exceptionally Detailed, Seven-bedroom, Eight-and-a-half Bath Estate. Situated On Over...
View Listing6 Bed • 11 Bath • 11,690 Sf
$32,500,000
5980 N Bay Rd, Miami Beach
Situated Behind Private Gates Is An Exceptionally Crafted, Painstakingly Realized Example Of Classic, East Coast Inspired Spanish Architecture Infu...
View Listing8 Bed • 7 Bath • 7,988 Sf
$32,000,000
1 Star Island Dr, Miami Beach
A Must See.fantastic And Exclusive Property In Star Island. Gated Bay Front Estate. Biscayne Bay And Down-town Miami Views. The Two Stories Proper...
View Listing$30,900,000
1680 James Ave, Miami Beach
South Beach - Iconic Art Deco Hotel, 47-room Hotel With Private Parking. Designed And Built In 1939, The James Hotel Is An Historic Masterpiece Fam...
View Listing6 Bed • 7 Bath • 14,268 Sf
$30,000,000
14 Star Island Dr, Miami Beach
Presenting Casa La Bonita, A Mediterranean/spanish-style Waterfront Estate Located On Star Island, Miami’s Most Exclusive Address. Situated ...
View Listing9 Bed • 12 Bath • 11,609 Sf
$29,900,000
90 Leucadendra Dr, Coral Gables
The Most Stunning Home In The Exclusive Guard-gated Community Of Gables Estates. Premiere 255 Ft Of Water Frontage W/ 160 Ft Dock Situated On The W...
View Listing7 Bed • 10 Bath
$29,500,000
6893 Fisher Island Dr 6893, Miami Beach
One-of-a-kind Lower Center Penthouse Featuring Private Rooftop Terrace & Negative-edge Pool + Summer Kitchen! The Building's Only Lph Has 7 Bedroom...
View Listing5 Bed • 7 Bath • 6,807 Sf
$29,500,000
321 Ocean Drive Ph, Miami Beach
Standing Tall Above The Rest, The Penthouse At 321 Ocean Is Located In South Beach’s Most Desirable Neighborhood, South Of Fifth. This Stunn...
View Listing6 Bed • 9 Bath • 9,935 Sf
$29,000,000
29 Star Island Dr, Miami Beach
Located On Exclusive Star Island, This Exquisite Estate Offers A World Of Privacy & Luxury. Tucked Behind Hand-crafted Gates, An Expansive Motor Co...
View Listing5 Bed • 6 Bath • 10,754 Sf
$28,800,000
370 S Hibiscus Dr, Miami Beach
An Ultramodern Oasis, Built On A Double Lot In 2016, On Exclusive Hibiscus Island In Miami Beach. This Residence Was Developed With State-of-the-ar...
View Listing$28,000,000
3246 N Miami Ave, Miami
34000+- Square Feet For Development On Miami Ave Across From The Shops At Midtown. This Site Is Currently Leased Ready For Development. This Is A R...
View Listing8 Bed • 10 Bath • 11,783 Sf
$27,500,000
252 Bal Bay Dr, Bal Harbour
The Ultimate Subtropical Modern Oasis, This Museum-quality Residence Was Crafted In 2016 By Award-winning Architect Chad Oppenheim In The Village O...
View Listing8 Bed • 9 Bath
$26,800,000
30 Palm Av, Miami Beach
New Modern Estate On Exclusive And Secured Palm Island. Approx 14,000 Sf Home On A 32,000 Sf Lot With 100' Of Water Frontage. Fully Automated Smart...
View Listing4 Bed • 5 Bath
$26,500,000
7001 Fisher Island Drive 7001, Fisher Island
Last Trophy Penthouse With Rooftop Pool + Private Deck At Palazzo Del Sol Is A Designer's Dream! This 4 Bed/4.5 Bath Open Floorplan Features 6,644 ...
View Listing7 Bed • 13 Bath
$26,500,000
300 Leucadendra Dr, Coral Gables
Gated Community Gables Estates Brand New Construction Masterpiece Located W Privileged Water Views In Both Front & Back Of Property, Featuring 13,8...
View Listing8 Bed • 10 Bath • 12,804 Sf
$26,500,000
5004 N Bay Rd, Miami Beach
Bakara "sesto Senso"~ultra-modern Bayfront Resort-style Award Winning Masterpiece With Sunsets Over The Miami Skyline On Prestigious North Bay Road...
View Listing8 Bed • 14 Bath • 13,216 Sf
$25,900,000
530 Arvida Pkwy, Coral Gables
Two Story Palatial/neo-classical Italian Style Villa Designed By Renowned Architect Ramon Pacheco. This Dream Home Is 18,073 Total Sq Feet, W/14,44...
View Listing7 Bed • 10 Bath • 10,780 Sf
$25,900,000
101 N Hibiscus Dr, Miami Beach
Giving The Entire Residence A Feeling Of Dynamic Movement, This Exquisitely Designed Masterpiece Was Built W/water Views Framed Throughout The Enti...
View Listing6 Bed • 8 Bath • 7,725 Sf
$25,000,000
1425 Brickell Ph1, Miami
Rare Large Penthouse In The Most Exclusive And Luxury Condominium In Brickell, The Four Seasons, Featuring Amazing Extensive Unobstructed Views, An...
View Listing5 Bed • 7 Bath • 10,306 Sf
$25,000,000
1000 Biscayne Blvd 5901, Miami
One Thousand Museum By Zaha Hadid, Miami's Most Prestigious New Residential Tower, Pushes The Limits Of Innovation And Blurs The Lines Between Art ...
View Listing$25,000,000
1320 Ocean Dr, Miami Beach
South Beach – Trophy 46-room Art Deco Hotel With Restaurant/bar And 4cop Liquor License Across From The Ocean On World-renowned Ocean Drive....
View Listing$25,000,000
1000 17th St, Miami Beach
Ultra-modern Free-standing Retail/commercial Building In South Beach's "lincoln Road District". 3-stories. Designed By Arquitectonica. Same Blo...
View Listing8 Bed • 8 Bath • 9,893 Sf
$24,900,000
10 Palm Avenue, Miami Beach
Inspired By Elements From Casa Blanca & The Monte Carlo Hotel, The Iconic Estate At 10 Palm Island Offers A Private Playground With Endless Ameniti...
View Listing5 Bed • 8 Bath • 7,935 Sf
$24,500,000
2204 N Bay Rd, Miami Beach
Completely Remodeled, Transitional-style Waterfront Mansion Located On Lower North Bay Rd – Miami Beach’s Most Prestigious Address Fo...
View Listing7 Bed • 9 Bath • 9,383 Sf
$24,500,000
15 Palm Ave, Miami Beach
Contemporary Home On Gated Palm Island , Wide Breathtaking Bay Views. Step Inside To Immediate Water Views, Select Finishes, Custom Furniture & Des...
View Listing6 Bed • 8 Bath • 10,664 Sf
$24,000,000
2669 S Bayshore Dr Lph-n, Miami
This Is The Largest Condo On One Floor In Miami, Occupying The Entire Floor Of The North Tower. This 11,000 Sq. Ft. Unit Offers A Perfectly Designe...
View Listing7 Bed • 12 Bath • 12,862 Sf
$23,990,000
23 Tahiti Beach Island Rd, Coral Gables
Elegant Estate In Exclusive, Gated Tahiti Beach. Double Height Ceilings In Living Room To Showcase Prized Art Work, Dining Room For 12+. Den/libr...
View Listing2 Acres
$23,990,000
5565/5589 Pine Tree Dr, Miami Beach
Developers Dream ~ Subdivide This Waterfront 2 Acre Miami Beach Legacy Estate Into 2 Or Optimally 3 Lots! Build On Prestigious Pine Tree Drive On A...
View Listing10 Bed • 14 Bath • 11,356 Sf
$23,990,000
5565/5589 Pine Tree Dr, Miami Beach
Developers Dream ~ Subdivide This Waterfront 2 Acre Miami Beach Legacy Estate Into 2 Or Optimally 3 Lots! Build On Prestigious Pine Tree Drive On A...
View Listing5 Bed • 6 Bath
$23,900,000
7213 Fisher Island Dr 7213, Miami Beach
Experience Luxury Living At Its Finest In One Of Fisher Islands Most Desired Unit In Villa Del Mare. This Ocean Direct Ground Floor Masterpiece Enc...
View Listing5 Bed • 10 Bath • 13,418 Sf
$23,900,000
500 Arvida Pkwy, Coral Gables
Overlooking The Sparkling Waters Of Biscayne Bay And Located In Gables Estates, One Of miami’s Most Exclusive, Gated Communities, T...
View Listing6 Bed • 7 Bath • 6,629 Sf
$23,500,000
10 W San Marino Dr, Miami Beach
Imagine Living On The Water In This Ultra-luxury Home Situated On A Prime, Southern Facing Pie Lot On The Venetian Islands While Enjoying Unobstruc...
View Listing6 Bed • 9 Bath • 9,556 Sf
$23,500,000
19 Palm Ave, Miami Beach
A 2019 Modern Mansion On Palm Island With A Sophisticated Tropical Vibe Featuring An Open-air Atrium, Reflection Ponds & Rooftop Lounge.the 12ft Ce...
View Listing$23,200,000
4001 Nw 36 Ave, Miami
135,000 Sqft Of Versatile Space Next To Mia For Sale - Former Aviation Facility, Now Tv Production Studios. [owner Financing Available To ...
View Listing9 Bed • 13 Bath
$22,500,000
340 Leucadendra Dr, Coral Gables
Live In The Most Exclusive Neighborhoods Of Coral Gables. This Modern Masterpiece By Famed Architect Ramon Pacheco Ill Be Completed In 2020.
View Listing8 Bed • 12 Bath • 10,792 Sf
$22,500,000
115 Arvida Pkwy, Coral Gables
This Newly Constructed, Modern Yet Transitional Masterpiece Has Single-handedly Changed The Tone Of The Gables Estates Waterfront Landscape. 115 Ar...
View Listing7 Bed • 10 Bath • 5,237 Sf
$22,495,000
7833 Atlantic Way, Miami Beach
Spectacular Brand New Modern Construction In Gated Oceanfront Community. Amazing Tri-level Smart-home Features Stunning Direct Oceanfront Views To ...
View Listing7 Bed • 9 Bath • 7,666 Sf
$22,000,000
3651 Collins Ave 400 And 500, Miami Beach
Looking For Privacy? One Of The Most Exclusive Buildings In Miami With 7 Units Only. This Is A Duplex Unit With 7 Suites With More Than 7,500 Squar...
View ListingÂ
John Sabia