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Miami Real Estate For Sale In FL

Miami

Miami is a bustling metropolis situated on the southeastern tip of the Florida peninsula. Multicultural, vibrant, and with a unique Hispanic flair, Miami is considered a top tourist U.S. destination due to its world-famous weather, welcoming atmosphere, iconic beaches, and unparalleled nightlife. But, as a homebuyer, Miami real estate you were expecting might be different than the one you’ll discover.

Brickell On The River S T #1717

41 SE 5th St

Miami, FL 33131

Condo For Sale

New Listing - 19 minutes on Site

1 / 13

$599,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 19 minutes on Site

Paramount Miami #4008

851 NE 1st Ave

Miami, FL 33132

Condo For Sale

New Listing - 24 minutes on Site

$649,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - 29 minutes on Site

New Listing - 44 minutes on Site

Azure Lake Condo #107

873 NE 195th St

Miami, FL 33179

Condo For Sale

New Listing - 44 minutes on Site

Courtyards Of The Grove #N302

2930 Day Ave

Miami, FL 33133

Condo For Sale

New Listing - 49 minutes on Site

New Listing - an hour on Site

New Listing - an hour on Site

New Listing - an hour on Site

$960,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - an hour on Site

New Listing - an hour on Site

$1,080,000

Active Listing

Single Family Home For Sale

Single Family Home For Sale

New Listing - an hour on Site

New Listing - 2 hours on Site

New Listing - 2 hours on Site

New Listing - 2 hours on Site

New Listing - 2 hours on Site

Cricket Clubhouse Condo #507

1650 NE 115th St

Miami, FL 33181

Condo For Sale

New Listing - 2 hours on Site

New Listing - 2 hours on Site

New Listing - 2 hours on Site

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Miami FL History

Far from the waves, sun, and sand you’ll find a global, progressive city, home to a booming economy, a tolerant attitude towards the differences, and some of the best real estate in Florida. Whether you’re a young professional seeking an exciting urban lifestyle by the beach, a family craving a safe, calm suburban existence, or a retiree looking for a warm location to relax and enjoy the fruits of their labor, Miami real estate might be the ideal choice.

Home to over 480,000 people, Miami is Florida’s second-most populous city and the seat of Miami-Dade County. It is the financial and cultural heart of what’s called the Miami Metropolitan Area, also known as the Greater Miami or South Florida. The area encompasses three different counties (Miami Dade County, Broward County, and Palm Beach County), and several neighboring cities like Fort Lauderdale, Hialeah, West Palm Beach, and Boca Raton.

Founded on the banks of the Miami River and incorporated in 1896, Miami is a fairly young city. It is also the only major American town founded by a woman: Julia Tuttle, a Cleveland-native widow called the “Mother of Miami” for her pivotal role in Miami’s development. Tuttle arrived in South Florida in the early 19th century and used an inheritance to purchase 640 acres of land on the northern side of the river, then convince Henry Flagler to extend the Florida East Coast Railway to the area. Thereafter, the city expanded from a tiny village of 300 to the thriving urban center it is today.

Miami FL Real Estate Market

The red-hot Miami real estate market favors sellers and continues to shatter records on both sales and home values. The median price for a piece of Miami real estate is about $465K, a 12% year-over-year increase. Experts attribute the growth to a soaring demand for properties fueled by domestic and international homebuyers, constrained inventory, and low mortgage rates.

Miami, FL real estate market has a track record for consistency and above-average appreciation rates, like the rest of South Florida. Miami real estate has appreciated by 152.8% in the last decade, according to NeighborhoodScout's statistics. That’s an average annual home appreciation rate of 9.7%, putting Miami among the top 10% of all cities when it comes to property appreciation.

Now, Is Miami a good place to invest? The answer is yes, and this is based on evidence. The city has overcome the chilling effects of the pandemic and its economic insecurities faster than any other metro area in the country, proving itself as a strong housing market with property demand on the rise.

Miami real estate also has high-quality investments at reasonable prices, high rental profits, plentiful short rental opportunities, and steady appreciation. Not to mention the attractive 0% income tax and low property taxes. To sum up, investing in Miami real estate will provide you with a good return on your investment over time, as home prices have been increasing year after year and will most likely keep doing so in the near future.

Homes For Sale In Miami, FL

Whether you're looking for a lavish waterfront mansion or a cozy bungalow in the suburbs, you'll find plenty of homes for sale in Miami, FL that meet your needs. Most of the single-family homes, both existing and new construction in Miami, are located in the suburban areas and the variety of styles is impressive. Homebuyers can purchase Mediterranean-style villas, Casa or Spanish-style residences, as well as Contemporary and Art-Deco-Style dwellings.

Condos For Sale In Miami, FL

The condominium is the diamond in the Miami real estate market crown. In 2021, condo sales in Miami rose by almost 30%, resulting in double-digit profits. The typical cost of condos for sale in Miami is $683K, although there are units with seven and even eight-figure price tags available in luxurious existing and new construction condo complexes in exclusive neighborhoods along the beachfront.

Distance to Nearby Cities

204 miles to Orlando, FL
282 miles to Tampa, FL
327 miles to Jacksonville, FL
407 miles to Tallahassee, FL

Neighborhoods In Miami FL

The city of Miami comprises several urban neighborhoods, but what most people consider to be suburban neighborhoods are actually individual cities or census-designated places located near the city’s core. Here is a short list of some of the best places to live in Miami:

Downtown Miami

This urban, up-and-coming, and trendy neighborhood is the central business district of South Florida. Located facing Biscayne Bay, Downtown has stunning vistas, a modern atmosphere, world-class museums and bayfront parks, and an active nightlife and cultural scene. The residential real estate in this area is almost strictly high-rise condos buildings with moderately-priced units (though ultra-high-end new constructions are becoming increasingly prominent) near office towers, hotels, and all the everyday amenities of city life.

Coral Gables:

Known as “The City Beautiful”, Coral Gables is one of Miami’s most iconic areas. Affluent, bucolic, and peaceful, Coral Gables is known for its tree-lined streets and canopied boulevards,

Mediterranean-style architecture, and high-end shopping and dining. Coral Gables real estate includes a selection of luxurious condos, charming single-family residences, and waterfront mansions. The idyllic, European flavored area is home to mature families, established professionals, and wealthy retirees.

Coconut Grove:

Coconut Grove is situated on the waterfront just a few minutes south of Downtown Miami. Considered Miami’s oldest area, ‘The Grove’ attracts families, creatives, entrepreneurs, and anyone interested in boating, sailing or yachting. The city is filled with yacht clubs and marinas,

mangrove-lined parks, and an attractive downtown boulevard. Real estate in Coconut Grove is mostly made out of the typical South Florida-style single-family homes, newly-built seafront mansions on secluded gated communities The downtown area has older condos and modest duplexes, with towering high-rises currently under construction near the bay.

Schools In Miami FL

The Miami-Dade County Public Schools, one of the largest school districts in the U.S., oversees most educational institutions in Miami offering public, charter, and magnet schools for children between kindergarten and 12th grade. Most Miami-Dade County Public Schools (46%) perform above average in quality. There's also a significant number of students receiving private education and being homeschooled in the city. High school graduates in Miami can choose between several well-respected colleges and universities, both public and private, including Florida International University (FIU), which recently climbed 17 spots in the rankings to become no.78 among the U.S. public universities. Keep reading for a list of some of the best Miami, FL schools:

Public Schools

Elementary & Middle Schools

Doral Academy | 2450 NW 97th Ave, Miami, FL 33172
Somerset Academy Elementary School | 5876 SW 68th St, Miami, FL 33143
Sunset Elementary School | 5120 SW 72nd St, Miami, FL 33143
True North Classical Academy | 9393 SW 72nd ST Miami, FL, 33173

High Schools

School for Advanced Studies (SAS) | 11011 SW 104th St T-301, Miami, FL 33176
Terra Environmental Research Institute | 11005 SW 84th St, Miami, FL 33173
Jose Marti MAST 6-12 Academy | 5701 W 24th Ave, Hialeah, FL 33016
Design and Architecture Senior High School | 4001 NE 2nd Ave, Miami, FL 33137

Private Schools

Brito Miami Private School | 3030 Coral Way, Miami, FL 33145
The Biltmore School | 1600 Red Rd, Miami, FL 33155
Carrollton School of the Sacred Heart Barat Campus | 3747 Main Hwy, Miami, FL 33133
Miami Country Day School | 601 NE 107th St, Miami, FL 33161

Colleges & Universities

University of Miami (UM) | 1320 S Dixie Hwy, Coral Gables, FL 33146
Miami Dade College (MDC) | 300 NE 2nd Ave, Miami, FL 33132
Florida International University (FIU) | 11200 SW 8th St, Miami, FL 33199

FAQ About Miami FL Real Estate

Where Do The Rich Live In Miami?

Miami is well-known for its upscale lifestyle, which means many home buyers with very wealthy budgets are constantly looking for properties in the city’s most affluent zip codes. Those looking for luxury real estate in Miami —properties ranging from $5M to $50M, can move to: Miami beach South of Fifth (SoFi), Gables Estates, The Venetian Islands, Fisher Island, Hibiscus Island, Indian Creek Island, and Key Biscayne’s Harbor Point.

What Is The Safest Area To Live In Miami?

You cannot look only at statistics in order to determine Miami’s safety. The Magic City does have areas considered extremely secure, places where crime rates are far lower than both city and national averages. To assist you in your search for the ideal location to call home, here are some high-security, low-crime areas in Miami: Fisher Island, Coral Gables, Star Island, Flagami, North Coconut Grove, Kendall, Palmetto Bay, Aventura, Key Biscayne, and Bal Harbour.

How Many Dogs Can You Own In Miami?

Miami residents are allowed to have a maximum of four dogs in a residential property that’s less than an acre in size. Six dogs are permitted in a property between one and two acres, and eight dogs in a space of two acres and up. A kennel license is required if you’re planning to keep more than the specified number of dogs on your property.

What Is The Zip Code For Miami?

The Miami Metro Area has over 80 different zip codes. These are some of the best ones per area:

Miami Beach: 33139 | 33140 | 33141 | 33109 | 33119 | 33229 | 33299

Key Biscayne: 33149

Coral Gables: 33134 | 33146

Downtown Miami: 33130 | 33131 | 33132

Sunny Isles Beach: 33160

North Miami Beach: 33162

West Miami: 33144

Pinecrest: 33156

Kendall: 33173 | 33176

Sweetwater: 33174

Homestead: 33030 | 33031 | 33035

Where Is The Nearest Commercial Airport In Miami?

The closest airport to Miami is Miami International Airport (MIA). MIA is located just eight miles from downtown Miami, a short 15-minute drive from Downtown.

What County Is Miami In?

The City of Miami is part of Miami-Dade County.

Things To Do In Miami FL

As one of the country's top vacation destinations, Miami residents have a wide variety of recreational activities available year-round. Cultural experiences, unique pools, gorgeous parks, and seaside palatial mansions to stroll are among the most popular options.

Everglades National Park: Everglades National Park is a natural gem of 2,400 square miles, and a must-visit for every outdoor fan. This is a World Heritage Site, a Wetland of International Importance, and an International Biosphere Reserve. There are plenty of activities available, including biking, hiking, camping, fresh and saltwater fishing, and wildlife viewing.
Little Havana: This colorful Latin neighborhood is the center of the city's Cuban diaspora, located around Calle 8. Loved by tourists and locals alike, Little Havana is filled with murals, great music venues, Latin-inspired restaurants, rum cocktail bars, and cigar shops. Domino Park and Azucar Ice Cream Company are popular destinations. This is probably the ideal place to savor a Cuban sandwich, a colada (Cuban coffee), and a guava & cheese pastelito (pastry).
Wynwood Walls: Wynwood Walls is an open-air art gallery and a popular destination for graffiti and street art lovers in Miami. It offers visitors and residents unique shopping opportunities, many restaurants and casual eateries to grab a bite, various events, and special and seasonal exhibitions throughout the year—all of that with a backdrop of giant, colorful murals.
Oleta River State Park: Escape the city rush for a bit visiting Oleta River State Park, just 30 minutes away from Downtown Miami. This is Florida's largest urban park and a paradise for long-distance paddlers, bikers, swimmers, and anglers. Visitors of all ages can enjoy 10 miles of biking trails, camping sites, a playground, or relax and unwind by having a picnic overlooking iconic Biscayne Bay.
Vizcaya Museum and Gardens: Vizcaya Museum and Gardens is a great cultural experience for art, design, and architecture fanatics. The magnificent property is a Renaissance-inspired waterfront estate with a "grotto" swimming pool, a stone barge, and a 10-acre garden inspired by France's Versailles. Visitors can explore the surroundings, stroll the indoor museum, and take home fresh produce every Sunday from Vizcaya Village Farmers’ Market.
Gator Park: Located in Everglades National Park, Gator Park is a fun Everglades safari experience for the whole family. It offers visitors alligator wrestling demonstrations, airboat rides, and an eatery where, if you dare, you can savor frog legs, alligator tail, or alligator sausage.
Fairchild Tropical Botanic Garden: Fairchild Tropical Botanic Garden is a popular destination for families and nature lovers in Miami. The garden stretches for 83-acres of lush greenery and has collections and exhibits of over 3,400 different exotic and native plants, including palm trees, orchids, tropical fruits, and succulents. They host events and special exhibitions year-round.
Miami Design District: Miami Design District is one of the most sophisticated spots in the city. It offers visitors and residents a place for luxury shopping, fine dining, and contemporary art, design, and architectural experiences. You have access to famous brand stores, art galleries, innovative installations, top restaurants, and wellness opportunities here.
Venetian Pool: Located in Coral Gables, Venetian Pool has been a historic landmark in Miami since 1923. This beautiful Italian-inspired swimming pool is lagoon-style and made out of coral rock. The pool is fed with 820,000 gallons of spring water from an underground aquifer. Here, swimmers cool off around two waterfalls, a stone bridge, grottos, palm trees, and a sand area to sunbathe.

Living In Miami FL

Miami is a great place to visit, but also a marvelous place to settle down. Here is basic information about what living in Miami entails:

Living Costs In Miami

The cost of living in Miami is high, with residents expending most of their income in rent or housing. Aside from securing a place to live, the basic monthly costs for a family of four are roughly $4,049 in the city, according to Numbeo. Food, utilities, transportation, and healthcare expenses tend to be above average in Miami.

Average Household Income In Miami

Miami's median household income is $53,975, according to the most recent data from the U.S. Census Bureau. That's below the national median of $67,521, and the state median of $57,703.

Taxes In Miami

Miami homeowners, as Florida citizens, have no state income tax burden. The highest federal corporate tax rate is 5.5% in Miami and the rest of Florida. In addition, there is a 6% sales tax in Florida, as well as a 1% local tax imposed by the local government. The average property tax rate of Miami-Dade County is $1.02, slightly higher than the state’s average of 0.98%.

Weather In Miami

Miami is vastly known for its abundant sunshine, but also notorious for its humid hot weather (main reason why most Miami real estate have A/C). Summers are long and steamy, with temperatures often reaching the triple digits. An occasional thunderstorm provides brief comfort from the relentless heat, but it might bring severe rains that can cause floods. Winters are extremely mild, with temperatures ranging between 60 and 75 degrees. Hurricanes are also a common occurrence in Miami, so residents need to be prepared for severe weather conditions. The hurricane season goes from June 1 to November 30.

Healthcare In Miami

Miami offers a wealth of options for those in need of medical care. At the top of the list is the Health District, a major hub for medical institutions, clinics, and biotechnology and medical research facilities, including the Leonard Miller School of Medicine at the University of Miami Health System, and Jackson Memorial Hospital and other locations part of the Jackson Medical Group. Miami best hospitals also include Baptist Hospital and Cleveland Clinic's Weston Hospital.

Jobs In Miami FL

Miami has a thriving economy and a diverse mix of industries, including tourism, healthcare, banking and finance, education, aviation, film and television, and shipping. The city is home to a variety of businesses, ranging from small mom-and-pop shops to large multinational corporations. PortMiami is one of the busiest cargo and passenger seaports in the world, and the Miami International Airport is a major hub for international travel. Many Fortune 500 companies, like Lennar, Ryder System, Office Depot, AutoNation, are based in the Miami Metro Area, as well as a growing number of startups (Taxfyle, Cargo Bot, aXpire, TravelPerk) and small businesses. Top employers in Miami include:

Baptist Health South Florida
University of Miami
American Airlines
Florida Power & Light Company
Carnival Cruises

Transportation In Miami FL

Miami is a car-centric city, but how much you’d use your vehicle will depend on where exactly you live, work, and relax. Areas like Brickell and Downtown are highly walkable and also boast an abundance of public transit options, electric scooters, and bike lanes. In suburban Miami, however, mobility can be much more limited.

Miami has a number of highways that run through it. Some of them, like the Palmetto Expressway (826), and Interstate 95 (I-95) are completely free, while others impose a toll (Florida’s Turnpike, State Road 112, and Dolphin Expressway (836), so you’ll need an electronic SunPass for toll payments.

For public transportation, start by purchasing an EASY Card at any Miami-Dade Transit Metrorail station or Transit Service Center for $2. With it, you’ll be able to ride the Metrorail lines, the Metromover, and the Metrobus. Miami also has a free trolley service covering several areas and nearby cities.

For regional traveling, Brightline runs an inter-city rail route between Miami and West Palm Beach, while the Tri-Rail connects Miami to Fort Lauderdale and West Palm Beach with around 18 stations along the Southeast Coast. The Miami International Airport (MIA), South Florida’s main airport, is just a few minutes away from the downtown area.

property types

Condos Foreclosures Homes New Construction Short Sales Townhouses Upcoming Open Houses