Miami Beach currently has 272 homes priced over $1 million on the market. Of these homes 173 are listed as waterfront; the least expensive is priced at $1,049,000 and the most expensive at $29,900,750. Since the start of 2010, there have been 12 closed sales totaling $54,968,000. Of these closed sales, 9 were $1 million+. This is a great time to buy the home you have always wanted! Just as an example; one of these closed sales was listed at $13.5 million and sold for $9.5 million. That’s $4 million off the list price!
Miami Beach is a great city to purchase a home in not only because of its location in relation to to Brickell/Downtown, Aventura, Bal Harbour and Coral Gables but also because of the beautiful and chic lifestyle with exquisite restaurants, hotels, stores and of course the proximity to the beach! For more information on luxury Miami real estate, or if you are interested in buying or selling a home, please contact us at 305.329.7728 or by clicking the “contact” tab at the top of the page.