Miami Beach may be home to some of the most expensive homes on the market however, there are plenty of beautiful homes priced under $1 million; 132 homes to be exact. These homes start as low as $73,000 and have a median list priced of $670,000. As I went through the list of homes, I found that there were some great homes that have been updated very tastefully and of course under $1 M.
132 homes may seem like a large inventory but you should keep in mind that this year alone, there have been 47 closed sales on Miami Beach ranging from $9.5 M to $125,450! Additionally, there are 44 pending sales in the “under $1M” price range and 66 in all price ranges. This is an exciting amount of activity for the real estate market! Also, as a reminder, the government tax credits are available until April 30th Click Here for more info.
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