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 • 14,031 Sf
$55,000,000
8901 Arvida Ln, Coral Gables
Extraordinary Neoclassical Waterfront Estate In The Exclusive Guard-gated Gables Estates. Sitting On 2.38 Acres Of Abundant Tropical Landscaping In...
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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...
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12 Bed • 17 Bath • 13,381 Sf
$42,000,000
6360/6342 N Bay Rd, Miami Beach
The Trophy Mega-mansion In Miami Beach! A Rare Opportunity To Purchase 2 Prime Adjacent Properties On Prestigious North Bay Road (6360 N Bay Rd + 6...
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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...
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10 Bed • 11 Bath • 18,359 Sf
$39,500,000
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...
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7 Bed • 9 Bath • 11,316 Sf
$37,000,000
8585 Old Cutler Rd, Coral Gables
The 205 Ft Waterfront Takes Stage At The Exceptionally Detailed 7 Bedrooms, / 8.5 Baths Home Spread Over 4 Magnificent Acres. Complemented By Elega...
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4 Bed • 8 Bath • 8,385 Sf
$37,000,000
1451 Brickell Ave Ph1, Miami
Personally Designed By Carlos Ott, The Penthouse At Echo Brickell Is The Only Residence Occupying The Upper Floors Of This Iconic Building. Featuri...
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9,000 Sf • 53 Acres
$36,500,000
22 Ne 1st St, Miami
International Jewelry Center, Is Located In The Heart Of Downtown Miami. Property Is A Three Story 70,000 Square Foot Complex Leased To Retail And ...
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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...
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7,579,440 Sf • 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...
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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 ...
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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...
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6 Bed • 8 Bath • 10,220 Sf
$29,500,000
555 Leucadendra Dr, Coral Gables
A Once In A Lifetime Opportunity To Purchase One Of The Largest Parcels Of Land Situated Within The Secure Gates Of Gables Estates. The Property I...
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12 Bed • 17 Bath • 13,381 Sf
$29,500,000
6360 N Bay Rd, Miami Beach
Miami Beach's Newest Ultra-luxurious Mega-mansion! Built In 2018, The Contemporary Masterpiece Sits On 27,608-sf Lot With 112-ft Of Wf & Offers Spl...
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8 Bed • 9 Bath • 32,000 Sf
$29,000,000
N/a, Miami Beach
New Modern Estate On Exclusive And Secured Palm Island. Approx 14,000 Sf Of Living Area On A 32,000 Sf Lot With 100' Of Water Frontage. Fully Autom...
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7 Bed • 10 Bath • 10,780 Sf
$29,000,000
101 N Hibiscus Dr, Miami Beach
This Exquisitely Designed Masterpiece, A Contemporary Ode To The French Urban Palace Hôtel Particulier, On Guard-gated, Hibiscus Island Was Designe...
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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. The 05 Bedroom Residence Was Developed With State-of-the-art Home Technology And Impeccably De...
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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...
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7 Bed • 8 Bath • 10,000 Sf
$28,000,000
428 Hibiscus Dr, Miami Beach
Magnificent Modern Waterfront Estate Located On Prestigious Guard-gated Hibiscus Island. Impeccably Designed By Renowned Architect Ralph Choeff. Si...
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34,000 Sf
$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...
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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...
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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, This Exquisite H...
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8 Bed • 8 Bath • 9,893 Sf
$26,200,000
10 Palm Ave, Miami Beach
Set In The Most Desirable & Coveted Locations, This Breathtaking Estate Is Designed In A Mediterranean Style & To An Uncompromisingly Luxurious Sta...
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16,928 Sf
$26,000,000
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. Desig...
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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...
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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...
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8,000 Sf
$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...
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8 Bed • 9 Bath • 11,724 Sf
$24,950,000
224 Bal Bay Dr, Bal Harbour
Warm & Inviting, This Tropical Modern Residence Presents An Ipe Wood And Italian Stone Facade Of Architectural Splendor. 224 Bal Bay Was Conceived ...
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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...
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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...
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83,548 Sf • 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...
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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...
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5 Bed • 6 Bath • 8,242 Sf
$23,888,880
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 Residence Encom...
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7 Bed • 10 Bath • 5,237 Sf
$23,500,000
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 ...
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7 Bed • 11 Bath • 13,386 Sf
$22,500,000
6440 N Bay Rd, Miami Beach
New Contemporary Bayfront Mansion On Prestigious North Bay Road! Grand Design, Abundance Of Lavish Amenities, & Tropical Zen Landscaping Create The...
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4 Bed • 6 Bath • 5,246 Sf
$22,500,000
2901 Collins Av Ph1602, Miami Beach
Magnificent 3-story Penthouse Located At The Edition Has Been Expertly Designed W/furnishings By Steven G, Exquisite Teak Floors & 5,246sf Of Unmat...
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7 Bed • 10 Bath • 10,094 Sf
$22,500,000
100 La Gorce Circle, Miami Beach
A Gated Entry & Tree Lined Canopied Driveway Lead You To The Premiere La Gorce Island Estate Showcasing Classic & Modern Design In Coveted Miami Be...
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7 Bed • 9 Bath • 6,604 Sf
$22,500,000
7825 Atlantic Way, Miami Beach
Stunning New Tri-level Contemporary Mediterranean Oceanfront Home Is Located In The Gated Community Of Altos Del Mar W/direct Beach & Atlantic Ocea...
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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...
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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...
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5 Bed • 6 Bath • 5,242 Sf
$22,000,000
3651 Collins Avenue Ph, Miami Beach
Beach House 8, The Most Elegant Building In Miami, Exceptionally Private, With Only Eight Floor Through Units. Designed By Arquitectonica And Devel...
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5 Bed • 7 Bath • 10,416 Sf
$21,850,000
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 ...
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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...
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5 Bed • 7 Bath • 7,442 Sf
$21,500,000
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...
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5 Bed • 6 Bath • 9,570 Sf
$21,000,000
5203 Fisher Island Drive 5203, Miami
Largest Unit Available On Fisher Island Made Up Of 9,570 Interior Sq Ft. Sweeping Open Bay Views Outlined By The Iconic Miami Skyline On One Side A...
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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...
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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 ...
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8 Bed • 11 Bath • 9,312 Sf
$19,950,000
6650 Allison Rd, Miami Beach
A Home For The Ages. A Waterfront Classic Built By Todd Michael Glaser. 9,312 Of Under Air Square Footage And 10,715 Of Total Sq. Ft. On A 26,380 S...
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John Sabia