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:

97 – 144 of 3,704 Listings
Price, High to Low

14,175 Sf

$14,000,000

710 Ne 29th St, Miami

One Of The Last Miami Waterfront Opportunities With 14 Of 15 Residential Condo Units Available In East Edgewater Market. The Property Has Assembla...

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Global Investments Realty

6 Bed • 8 Bath • 6,431 Sf

$14,000,000

1433 W 22nd St, Miami Beach

New Construction, Modern Elegant Waterfront Home On Sought After Guarded Sunset Island Iv. Within Walking Distance To Sunset Harbor, Lincoln Rd And...

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Sir Realty Llc

13,000 Sf

$14,000,000

N/a, Miami Beach

South Pointe Neighborhood Institution, Commercial Development Opportunity Finally Offered For Sale After 36 Years Of Same Owner! Current Mix Of Apa...

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Worldwide Properties

5 Bed • 6 Bath • 5,350 Sf

$14,000,000

1300 Monad Terrace Phb, Miami Beach

Monad Terrace Presents A Limited Offering Of Four Exceptional Penthouse Residences—each A Unique Expression Of Pritzker Winner, Jean Nouvel’s Visio...

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Douglas Elliman

5 Bed • 8 Bath • 6,268 Sf

$14,000,000

7412 Fisher Island Dr 7412, Fisher Island

Exquisite One Of A Kind Townhouse Located Steps From The Sand On Oceanside Fisher Island Boasts Rich Finishes Throughout. Ground Level Master Suite...

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One Sotheby's International Realty

5 Bed • 7 Bath • 10,500 Sf

$13,995,000

100 W San Marino Dr, Miami Beach

New Construction. Gorgeous 2-story Contemporary Waterfront Home Located On The Venetian Islands With Incredible Views Of The Miami Downtown Skyline...

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Sir Realty Llc

6 Bed • 6 Bath • 5,146 Sf

$13,900,000

N/a, Miami Beach

Balinese Style Home On Prestigious San Marino Island With Highly Sought After Downtown Sw Sunset Views. Large Master Bedroom With Spacious Outdoor ...

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Sir Realty Llc

7 Bed • 9 Bath • 7,000 Sf

$13,900,000

7764 Fisher Island Dr 7764, Miami Beach

Sophisticated Pristine 7 Bedroom With Direct Ocean Views! This 7 Bedroom 8 Bathroom Lower Penthouse Residence Features 7,000 Sf Of Interior Space W...

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Fisher Island Real Estate, Llc

4 Bed • 5 Bath • 4,956 Sf

$13,900,000

7083 Fisher Island Dr 7083, Miami Beach

Beach House Luxe ~ Waterfront Luxury W/refined Design By Antrobus + Ramirez!!! Floor-through C East Open Floorplan W/palette Of Materials & Colors ...

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Fisher Island Real Estate, Llc
Reduced 4%

7 Bed • 13 Bath • 19,970 Sf

$13,900,000

70 Palm Ave, Miami Beach

70 Palm Is In One Of The Most Coveted Addresses In Exclusive Palm Island. This 19,970 Square Foot Home Situated On A 30,000 Square Foot Lot With 10...

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Brown Harris Stevens

6 Bed • 6 Bath • 6,685 Sf

$13,900,000

1142 N Venetian Dr, Miami Beach

The Epitome Of Ultra-modern Luxury Waterfront! Built In 2014, This Stunning Home Features An Eye-caching Yet Functional Design With Ample Open Spac...

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Berkshire Hathaway Homeservices Ewm Realty
Reduced 14%

6 Bed • 8 Bath • 6,820 Sf

$13,900,000

7233 Fisher Island Dr 7233, Miami Beach

This Spectacular Oceanfront Residence In Villa Del Mare Features An Expansive Wrap-around Terrace & Stunning City, Government Cut, Beach, Ocean & S...

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Coldwell Banker Residential Real Estate

5 Bed • 8 Bath • 7,924 Sf

$13,888,888

5171 Fisher Island Dr 5171, Miami Beach

This One Of A Kind Gem Greets With You With 24 Ft Ceilings, 360 Degree Views Of Miami Downtown, Fisher Island And Miami Beach. The Penthouse Showca...

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Luxury Living Realty

8 Bed • 12 Bath • 13,089 Sf

$13,800,000

55 Palm Avenue, Miami Beach

Exclusivity, Fine Design And Bay Breeze In Palm Island. Set On A Spacious 30,000 Sf Lot And Boasting 13,201 Sf Of Living Area, This 8 Bedroom, 10/2...

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Engel & Voelkers

12 Bed • 10 Bath • 6,968 Sf

$13,750,000

4745 Pine Tree Dr, Miami Beach

Grand Estate On Prestigious Pine Tree Drive. Located On An Acre Of Land, The Home Features Large Rooms, Formal Dining, Library, Gourmet Chef's Kitc...

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One Sotheby's International Realty
Reduced 1%

7 Bed • 8 Bath • 10,971 Sf

$13,750,000

166 Palm Ave, Miami Beach

One-of-a-kind 11,000sf Italian Palazzo On Secure, Gated Palm Island With Fantastic Views Of The Downtown Miami Skyline! Truly, An Entertainer's Par...

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One Sotheby's International Realty

4 Bed • 4 Bath • 4,776 Sf

$13,500,000

100 S Pointe Dr 2804, Miami Beach

Hyper Exclusive Continuum! 4,774 Sq Ft Of Serene Unobstructed Views Of The Atlantic Ocean, Port Of Miami, Fisher Island & Miami Skyline. Private Ba...

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Douglas Elliman
Reduced 10%

30,266 Sf • 1 Acres

$13,500,000

2650 Biscayne Blvd, Miami

Opportunity Zone,edgewater Area Among Miami’s Fastest-growing Neighborhoods.multiple Property Opportunity,and Great Assemblage Potential.develop In...

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Ep Realty Group Inc.

5 Bed • 6 Bath • 5,569 Sf

$13,500,000

160 S Hibiscus Dr, Miami Beach

Stunning Tropical Modern 5 Bed And 5.5 Baths Home Located On Renowned Hibiscus Island With Southern Exposure And Miami Skyline Views. Large Telesco...

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Calibre International Realty

7 Bed • 9 Bath • 15,563 Sf

$13,495,000

24 Tahiti Beach Island Rd, Coral Gables

Located In The Private Guard Gated Community In Cocoplum, Tahiti Beach, This Elegant 15,563 Sf 2-story Estate Boasts 7 Large Bedrooms/7 Full 2 Half...

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One Sotheby's International Realty

67,453 Sf

$13,400,000

625 Button Wood Lane, Miami

Prime Development Opportunity To Combine 2 Lots On The Island In Bay Point! Waterfront Oasis On Point Lot In A Protected Harbor With No Bridges To...

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Luxe Living Realty
Reduced 7%

15,750 Sf

$13,000,000

369 N Hibiscus Dr, Miami Beach

This Luxurious Estate Is Located On The Iconic Gated And Exclusive Hibiscus Island In Miami Beach. This Residence Area Offers And Encompass A Lot S...

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United Realty Group Inc
Reduced 7%

8 Bed • 11 Bath • 8,216 Sf

$13,000,000

369 N Hibiscus Dr, Miami Beach

This Luxurious Estate Is Located On The Iconic Gated And Exclusive Hibiscus Island In Miami Beach. This Residence Offers 8,288 Sqft Of Living Area ...

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United Realty Group Inc
Reduced 7%

4 Bed • 4 Bath • 3,627 Sf

$12,995,000

101 20th St Th-a, Miami Beach

Directly On The Beach This One-of-a-kind, Sophisticated & Contemporary Unit Is The Only Full Dbl Height Oceanfront Townhouse At The Exclusive Setai...

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Coldwell Banker Residential Real Estate

7 Bed • 7 Bath • 6,077 Sf

$12,950,000

93 Palm Ave, Miami Beach

Rare Opportunity To Own A Piece Of American History - The Former Waterfront Mansion Of Prohibition-era Gangster, Al Capone. Located On Gated Palm I...

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Berkshire Hathaway Homeservices Ewm Realty

6 Bed • 8 Bath • 8,066 Sf

$12,950,000

4330 N Bay Rd, Miami Beach

Situated On The Most Sought After Street In Miami Beach, This Completely Redesigned North Bay Road Masterpiece Offers The Quintessential Miami Life...

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Douglas Elliman
Reduced 17%

4 Bed • 5 Bath • 5,800 Sf

$12,950,000

7716 Fisher Island Dr 7716, Miami

Visit This Breathtaking Professionally Designed & Newly Renovated Ground Floor Unit. Features Include: Se Exposure, Expansive Terraces, Wood & Marb...

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Luxury Living Realty

6 Bed • 7 Bath • 6,446 Sf

$12,900,000

709 E Dilido Dr, Miami Beach

On Venetian Islands, Sits This Exquisitely Designed Architectural, Custom Home. A Model Of Sophistication, It Showcases Unprecedented European Craf...

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Calibre International Realty

5 Bed • 6 Bath • 5,350 Sf

$12,900,000

120 W Rivo Alto Dr, Miami Beach

Rene Gonzalez Architectural Masterpiece Completed January 2019 On The Venetian Islands With Dramatic Westerly Sunset Views. Stunning Tropical Moder...

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Calibre International Realty
Reduced 13%

4 Bed • 6 Bath • 10,189 Sf

$12,900,000

585 Arvida Pkwy, Coral Gables

Distinguished By Its Elevated Vantage Point, Inlaid Marble, Soaring Ceilings & Polished Mahogany, This Gorgeous Mansion Is The Very Embodiment Of L...

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Brown Harris Stevens

4 Bed • 4 Bath • 3,772 Sf

$12,900,000

50 S Pointe Dr 3302, Miami Beach

First Time On Market! Prime Flow-through, Se Corner, Penthouse-worthy Residence Featuring The Largest Rooftop Terraces In The Tower. Capture Jaw-dr...

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Worldwide Properties
Reduced 14%

5 Bed • 6 Bath • 6,795 Sf

$12,900,000

5282 Fisher Island Dr 5282, Miami

Experience Fisher Island Living At It's Finest In This Stunning Fully Renovated 8th Floor Bayview Unit. This One Of A Kind Masterpiece Encompasses ...

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Luxury Living Realty
Reduced 9%

5 Bed • 6 Bath • 6,977 Sf

$12,800,000

5396 N Bay Rd, Miami Beach

Magnificent 3 Story Waterfront Fully Walled And Gated Mansion, Once Owned By Creed Lead-singer Scott Stapp, Is Fit For A Rock-star! Dreamy Wide-ba...

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Douglas Elliman

8 Bed • 11 Bath • 9,264 Sf

$12,800,000

9320 Gallardo St, Coral Gables

Every Modern Luxury Defines This Glamorous Residence W/ Wrap-around Lagoon Views In Highly Desirable Gated Old Cutler Bay. Custom Designed And Buil...

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Brown Harris Stevens

5,750 Sf

$12,750,000

301 Nw 36th St, Miami

• Asking Price - $12,750,000 • Price/sf - $579.54 • Approx. 22,000 Sf • Lot Size - 47,185 Sf • Zoning - T6-8-0 • Two-story Building / Future D...

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Chariff Realty Group
Reduced 9%

3 Bed • 4 Bath • 3,030 Sf

$12,750,000

50 S Pointe Drive 3502, Miami Beach

Embodying The Definition Of Timeless And Cool With No Expense Spared, Experience True Unmatched Luxury With Furnishings By Christian Liagre And Lum...

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Douglas Elliman
New Listing

7 Bed • 7 Bath • 7,540 Sf

$12,500,000

1215 N Venetian Way, Miami

Stunning Contemporary Waterfront Estate With Gated Entry On Venetian Island. Walk Through A Magnificent Setting Of Lush Foliage And Koi Fish Ponds ...

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Sharp Realty,llc

5 Bed • 7 Bath • 8,360 Sf

$12,500,000

1000 Biscayne Blvd 1002, 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

21,000 Sf

$12,500,000

270 S Hibiscus Dr, Miami Beach

Development Opportunity. Build A Custom 10,000+ Sf Home On Private, Guarded, And Gated Hibiscus Island. This 21,000 Sf Double Lot Offers 120' Of Wa...

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Industry Realty, Llc.

4 Bed • 6 Bath • 7,184 Sf

$12,500,000

6342 N Bay Rd, Miami Beach

Build Your Dream Mansion On This 24,407-sf Lot With 100 Feet Of Waterfront On The Wide Waters Of Biscayne Bay. Property Is Located On North Bay Ro...

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Berkshire Hathaway Homeservices Ewm Realty

$12,500,000

65-75 Washington Ave, Miami Beach

The Units Are Individually Owned Under A Condominium Form Of Ownership. Upon The Closing Of The Purchase, The New Owners Would Collapse The Condomi...

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Real Miami Commercial R.e.
Reduced 10%

10 Bed • 10 Bath • 13,744 Sf

$12,500,000

6801 Granada Blvd, Miami

Classic But Modern Estate Home In The Making! Just Under 2 Acres Of Lush Tropical Vegetation, This Sprawling Brand New Villa Is Perched On 600 Feet...

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Luxe Living Realty

8 Bed • 8 Bath • 10,000 Sf

$12,450,000

1260 S Venetian Wy, Miami Beach

Stunning Plans By Saota Architecture And Design For 10,000 Sq Foot Home On The Last Remaining Double Lots On The Venetian Islands With Downtown Vie...

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Calibre International Realty

7 Bed • 8 Bath • 10,352 Sf

$12,400,000

125 Solano Prado, Coral Gables

Welcome To Living At Its Finest! This Gorgeous Estate Is Move-in-ready And Truly Has It All. This Impressive Architectural Statement Blends Modern ...

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Leyva International Realty

4 Bed • 7 Bath • 8,042 Sf

$12,199,000

1100 Biscayne Blvd 6401, Miami

Located At The Marquis In The Heart Of Downtown Miami This 4-story Penthouse Is The Pinnacle Of Luxury Living. No Expense Spared In The 8,000+sf Re...

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Coldwell Banker Residential Real Estate

7 Bed • 10 Bath • 9,736 Sf

$12,000,000

121 N Hibiscus Dr, Miami Beach

Situated On An Oversized 21,000 Sf Lot With Unobstructed Wide Open Bay Views And 120 Ft Of Water Frontage, This Home On The Prestigious And Guard G...

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Coldwell Banker Residential Real Estate

4 Bed • 3 Bath • 2,947 Sf

$12,000,000

6 S Hibiscus Dr, Miami Beach

Rare Development Opportunity On Expansive 19,714 Square Foot Lot On Guard Gated Hibiscus Island. Perfect Landscape For Your Dream Home With 143 Ft ...

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Coldwell Banker Residential Real Estate
Reduced 19%

5,000 Sf

$12,000,000

51 Ne 40th St, Miami

Prime 20,000 Sf Buildable Retail/office Development Site In The Heart Of The Design District! Opportunity To Launch Your Own Flagship Retail Destin...

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Stacy Robins Companies, Inc.

 

John Sabia

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