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 3,826 Listings
Price, High to Low

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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One Sotheby's International Realty

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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One Sotheby's International Realty
Reduced 6%

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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Ewm Realty International

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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Luxe Living Realty

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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Luxe Living Realty

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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Coldwell Banker Residential Real Estate
Reduced 12%

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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Compass Florida, Llc

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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Re/max Advance Realty

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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Leyva International Realty

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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The Villas Llc

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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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...

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One Sotheby's International Realty

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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Compass Florida, Llc
Reduced 8%

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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Ewm Realty International

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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One Sotheby's International Realty

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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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. The 05 Bedroom Residence Was Developed With State-of-the-art Home Technology And Impeccably De...

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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...

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Luxe Living Realty

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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Calibre International Realty

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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Elliott Realty Services Inc.

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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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, This Exquisite H...

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Compass Florida Llc

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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Engel & Voelkers

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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One Sotheby's International 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...

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Douglas Elliman

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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Douglas Elliman

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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Scott Robins Companies, Inc.

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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Douglas Elliman
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...

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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...

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Ewm Realty International

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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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...

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Luxe Living Realty

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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Luxury Living Realty

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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Coldwell Banker Residential Real Estate
Reduced 4%

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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Ewm Realty International

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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Coldwell Banker Residential Real Estate
Reduced 6%

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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Ewm Realty International

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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Coldwell Banker Residential Real Estate

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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Douglas Elliman

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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Faccin Group Realty

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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Berkshire Hathaway Homeservices Florida Realty

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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One Sotheby's Int'l 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...

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Kd Prime Properties International, Llc

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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Coldwell Banker Residential Real Estate

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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Douglas Elliman

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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Douglas Elliman

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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Douglas Elliman
Reduced 11%

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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Ewm Realty International

 

John Sabia

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