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 3,597 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...

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Boschetti Realty Group, Llc.

9 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...

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Compass Florida, 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...

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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...

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One Sotheby's International 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...

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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...

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Luxe Living Realty

7 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...

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Douglas Elliman

53 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...

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Re/max Advance Realty

8 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...

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Coldwell Banker Residential Real Estate
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...

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Luxe Living Realty
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...

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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...

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Douglas Elliman
New Listing

8 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...

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Redilco Int'l Real Estate, Llc

$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...

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Trump International Realty

6 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 ...

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Coldwell Banker Residential Real Estate

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

7 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...

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Fisher Island Real Estate, Llc

5 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...

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Douglas Elliman

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...

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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, On Exclusive Hibiscus Island In Miami Beach. This Residence Was Developed With State-of-the-ar...

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One Sotheby's International 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...

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Elliott Realty Services Inc.

8 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...

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Douglas Elliman

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...

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One Sotheby's International Realty

4 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 ...

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Fisher Island Real Estate, Llc
Reduced 4%

7 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...

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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...

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Luxe Living Realty

8 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...

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One Sotheby's International Realty

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...

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Coldwell Banker Residential Real Estate
New Listing

6 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...

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Cervera Real Estate Inc.

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 ...

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One Sotheby's Int'l Realty
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....

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One Sotheby's International Realty

$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.
Reduced 5%

8 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...

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Villazzo, Llc.
New Listing

5 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...

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Bhhs Ewm Realty

7 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...

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One Sotheby's International Realty
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

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
New Listing

5 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...

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Luxury Living Realty
Reduced 10%

5 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...

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Compass Florida Llc

6 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...

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Bhhs Ewm Realty

6 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...

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Douglas Elliman

$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 ...

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Keller Williams Capital Realty

9 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.

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One Sotheby's International Realty
Reduced 10%

8 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...

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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 ...

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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...

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Faccin Group Realty

 

John Sabia

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