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. 

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. 

Miami Luxury Properties For Sale:

1 – 48 of 3,469 Listings
Price, High to Low

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 Listing
Boschetti Realty Group, Llc.

6 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 Listing
Coldwell Banker Residential Real Estate

9 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
One Sotheby's International Realty

2 Acres

$42,000,000

1825 Biscayne Blvd, Miami

Global Investments Realty Is Pleased To Present An Exclusive Opportunity To Purchase A Development Site With 68,400 +/- Sf That Allows For 785 Buil...

View Listing
Global Investments Realty

$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 Listing
One Sotheby's International Realty

10 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 Listing
Luxe Living Realty

6 Bed • 8 Bath • 9,159 Sf

$35,000,000

2920 N Bay Rd, Miami Beach

A Modern Balinese Inspired Masterpiece On Lower N Bay Rd, This Spectacular Home Presents An Oasis Of Serenity, Luxury, & Unwavering Attention To Th...

View Listing
Douglas Elliman

7 Bed • 12 Bath • 15,099 Sf

$35,000,000

601 Leucadendra Dr, Coral Gables

Welcome To Your Dream Home On The Exclusive Leucadendra Drive! A Truly One Of A Kind Modern Tropical Resort Designed By Renowned Architect Cesar Mo...

View Listing
Leyva International Realty
Reduced 14%

10 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 Listing
Luxe Living Realty

174 Acres

$33,000,000

17200 Biscayne Boulevard, Miami

Maule Lake. 174 Acres Of Protected Waterway. This Property Has Many Potential Uses; Luxury Residential, Office, Marina, Park, Restaurant And Shops...

View Listing
The Villas Llc
Reduced 11%

7 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 Listing
Coldwell Banker Residential Real Estate

6 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 Listing
Douglas Elliman

8 Bed • 8 Bath • 7,988 Sf

$32,000,000

1 Star Island Dr, Miami Beach

An Unrivaled Residential Oasis On Famed And Exclusive Star Island. Gated Bayfront Estate Sitting On 58,332-square-foot Corner Lot With 240 Feet Of ...

View Listing
Related Isg International Real

9 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 Listing
One Sotheby's International Realty

6 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 Listing
Coldwell Banker Residential Real Estate
Reduced 10%

5 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
One Sotheby's International Realty

6 Bed • 7 Bath • 9,209 Sf

$28,500,000

16 Palm Ave, Miami Beach

The Grand Dame Estate Of Palm Island Sits On 3/4 Acre In The Heart Of Sobe! Sunset Vistas Over Miami Skyline W 225' Of Wf & 3 Vessel Marina. Hand-c...

View Listing
Luxe Living Realty

$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 Listing
Elliott Realty Services Inc.

7 Bed • 13 Bath

$27,500,000

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 Listing
One Sotheby's International Realty

8 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 Listing
One Sotheby's International Realty

8 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 Listing
Luxe Living Realty

5 Bed • 10 Bath • 13,418 Sf

$26,500,000

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 Listing
Compass Florida Llc

8 Bed • 8 Bath • 9,893 Sf

$26,200,000

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 Listing
Villazzo, Llc.

7 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 Listing
Coldwell Banker Residential Real Estate

5 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
One Sotheby's Int'l Realty

8 Bed • 12 Bath • 10,792 Sf

$25,000,000

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 Listing
Douglas Elliman
Reduced 4%

$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
One Sotheby's International Realty

6 Bed • 6 Bath • 10,118 Sf

$25,000,000

2675 S Bayshore Drive Ph-1, Miami

Famed Architect Bjarke Ingels Envisioned A Residence That Would Evoke History & Luxury But Also Fuse With Distinct Contemporary Design. Set Against...

View Listing
Douglas Elliman

$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 Listing
Scott Robins Companies, Inc.
Reduced 8%

6 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 Listing
Douglas Elliman

7 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 Listing
Ewm Realty International

2 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 Listing
Luxe Living Realty

10 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 Listing
Luxe Living Realty

$23,200,000

4001 Nw 36 Ave, Miami

[owner Financing Available To The Right Buyer !!] This Is A Assemblage Of 4 Folios 30-31-21-000-1140 + 30-31-21-000-1130 + 30-31-21-000-1480 +30-3...

View Listing
Keller Williams Capital Realty

5 Bed • 7 Bath • 8,665 Sf

$22,500,000

430 W San Marino Dr, Miami Beach

The Most Profound Residence On The Venetian Islands Elevates Modern Architecture To The Next Level. Materials Matter And This Home Perfects The Bal...

View Listing
Douglas Elliman
Reduced 6%

7 Bed • 10 Bath • 10,094 Sf

$22,500,000

100 La Gorce Circle, Miami Beach

Best Price Per Sf Of Land On Gated Island! Tree Lined Canopied Driveway Lead You To This Premiere La Gorce Island Estate Showcasing Classic & Moder...

View Listing
Bhhs Ewm Realty

9 Bed • 13 Bath • 10,459 Sf

$22,500,000

6385 Pinetree Drive Cir, Miami Beach

Experience The Grandeur & Elegance Of This Truly Romantic Mediterranean Estate Located On The Prestigious & Very Private Pine Tree Drive Circle. Ho...

View Listing
Douglas Elliman
Reduced 4%

7 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 Listing
Coldwell Banker Residential Real Estate

7 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 Listing
Faccin Group Realty
Reduced 13%

6 Bed • 8 Bath • 8,803 Sf

$21,700,000

1425 Brickell Ave Ph1, Miami

The Most Stunning Penthouse With The Highest Quality Finishes And Upscale Design. Espectacular Master Suite With Expansive Walking Closet, Wine Cel...

View Listing
Kd Prime Properties International, Llc

8 Bed • 9 Bath • 6,461 Sf

$21,500,000

7825 Atlantic Way, Miami Beach

New Tri-level Contemporary Mediterranean Oceanfront Villa Located In The Gated Community Altos Del Mar W/direct Beach & Atlantic Ocean Views. Resid...

View Listing
The Corcoran Group

$21,500,000

2000 Ponce De Leon Blvd, Coral Gables

2000 Ponce De Leon Is A 7-story Office Building, It Is Conveniently Located On Ponce De Leon Blvd, walking Distance To Miracle Mile. Const...

View Listing
Jade International Realty Llc

4 Bed • 5 Bath • 6,332 Sf

$20,260,000

4701 Meridian Avenue Ph12, Miami Beach

Live Above The Rest In The Penthouse Collection At The Ritz-carlton Residences, Miami Beach. Tropically Landscaped With Nearly 360-degree Views Of...

View Listing
Douglas Elliman
Reduced 7%

5 Bed • 7 Bath • 10,416 Sf

$20,250,000

1000 Biscayne Blvd 5301, 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
One Sotheby's Int'l Realty

6 Bed • 8 Bath • 11,485 Sf

$20,000,000

580 Sabal Palm Rd, Miami

Brand New Dream Home! We Present To You, "la Casa Palma"- An Unparalleled Contemporary Masterpiece Impeccably Designed By Architect Kobi Karp With ...

View Listing
Douglas Elliman

8 Bed • 11 Bath • 8,474 Sf

$19,950,000

6650 Allison Rd, Miami Beach

Luxurious Contemporary Modern Waterfront Home Custom Built By Todd Michael Glaser On Gated Allison Island. Florida Keystone Façade Surrounds T...

View Listing
The Corcoran Group
Reduced 7%

5 Bed • 7 Bath • 7,442 Sf

$19,950,000

10203 Collins Ave 2001, Bal Harbour

Enjoy Breathtaking Direct Ocean Views In The Exquisitely Crafted Unit At The Coveted Oceana Bal Harbour. This Penthouse Floorplan Offers A Flow Thr...

View Listing
Coldwell Banker Residential Real Estate

5 Bed • 6 Bath • 3,605 Sf

$19,900,000

921 N Venetian Dr, Miami

Magnificent Bayfront Villa- Situated On A Double Lot Offering 27,250 Sf And 175 Linear Ft Of Wide Bay Waterfront. Elegant European Home, Designed B...

View Listing
One Sotheby's International Realty

 

John Sabia

Leave a Comment

Have a Question?

Contact Us

Follow Us