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Market Report for New Home Listings in South Beach

Closed Sales as of 05-25-2020
$4,475,000
Median Closing Price
$1267
Price Per Square Foot
18
Properties Sold In Last 180 Days

Recent Sales

Address Closed Price Listing Price Living ft2 Cost per ft2 Bd / Ba Closing Date DOM
280 S Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$4,900,000 $6,900,000 5,671 $864 6 / 7 2020-05-12 252 Days
837 Espanola Way
ESPANOLA VILLAS 1ST ADDN
$1,075,000 $1,195,000 1,921 $560 3 / 2 2020-05-07 700 Days
1240 Lenox Ave
OCEAN BEACH ADDN NO 3
$1,158,000 $1,240,000 3,123 $371 4 / 3 2020-05-07 115 Days
1026 18th St
PALM VIEW SUB
$1,420,000 $1,750,000 $371 3 / 2 2020-05-01 117 Days
225 N Hibiscus Dr
HIBISCUS ISLAND
$9,300,000 $9,975,000 7,050 $1,319 8 / 5 2020-03-31 107 Days
31 W Rivo Alto Dr
RIVO ALTO AMD
$1,800,000 $2,170,000 2,501 $720 4 / 3 2020-03-20 164 Days
836 Espanola Way
ESPANOLA VILLAS 1ST ADDN
$1,255,000 $1,390,000 1,336 $939 3 / 2 2020-03-06 115 Days
1544 Michigan Ave
LINCOLN SUB
$1,200,000 $1,300,000 3,029 $396 5 / 5 2020-02-07 206 Days
320 W Rivo Alto Dr
RIVO ALTO AMD
$5,500,000 $5,950,000 3,788 $1,452 4 / 3 2020-02-06 91 Days
297 N Coconut Ln
RIVIERA 1ST & 2ND ADDN AM
$4,050,000 $4,595,000 4,198 $965 4 / 5 2020-01-28 576 Days
1400 MICHIGAN AVE
OCEAN BEACH ADDN NO 3 PB 2
$880,000 $1,090,000 1,804 $488 2 / 2 2020-01-27 321 Days
500 W Dilido Dr
DI LIDO ISLAND
$12,500,000 $13,500,000 5,662 $2,208 5 / 5 2019-12-31 351 Days
625 E DILIDO DR
DI LIDO ISLAND
$5,624,000 $7,495,000 5,015 $1,121 4 / 4 2019-12-27 1363 Days
120 W Rivo Alto Dr
RIVO ALTO AMD
$11,550,000 $12,900,000 5,350 $2,159 5 / 6 2019-12-12 275 Days
38 S Hibiscus Dr
Hibiscus Island
$14,150,000 $16,750,000 7,000 $2,021 5 / 5 2019-12-09 207 Days
1142 N Venetian Dr
BISCAYNE ISL
$10,750,000 $12,900,000 6,685 $1,608 6 / 5 2019-12-06 409 Days
114 2nd Rivo Alto Te
RIVO ALTO AMD
$1,625,000 $1,685,000 2,150 $756 3 / 3 2019-12-03 53 Days
55 Palm Avenue
PALM ISLAND
$11,800,000 $13,800,000 13,089 $902 8 / 10 2019-12-02 146 Days
Active Listings For Sale Overview
$5,172,296
Median Listing Price
$1,810
Price Per Square Foot
137
Active For Sale
Min: $750,000 Max: $40,000,000
Largest Price Reductions
Address Sale Price Price Changes Living ft2 Bd / Ba DOM
1376 S Venetian Way
San Marco
$7,490,000
-56% ($9,410,000)

5,003 5 / 5 488 Days
1018 JEFFERSON AV
Ocean Beach Add No 3
$2,975,000
-48% ($2,725,000)

3,956 10 / 9 1749 Days
1801 Michigan Ave
Palm View Sub
$995,000
-26% ($355,000)

2,844 4 / 3 182 Days
1701 Michigan Ave
Palm View Sub
$1,600,000
-26% ($550,000)

2,120 3 / 3 479 Days
843 Espanola Way
Espanola Villas Add 01
$1,199,900
-25% ($400,100)

2,082 5 / 3 1225 Days
226 Palm Ave
Palm Island
$3,350,000
-25% ($1,100,000)

5,878 5 / 4 830 Days
1370 S Venetian Way
San Marco
$4,900,000
-25% ($1,600,000)

7 / 7 154 Days
403 E Dilido Dr
Di Lido Island
$4,450,000
-25% ($1,450,000)

3,598 5 / 6 743 Days
401 E Rivo Alto Dr
Rivo Alto Island
$9,850,000
-23% ($2,950,000)

5,804 7 / 8 533 Days
29 Star Island Dr
Star Island
$22,900,000
-21% ($6,100,000)

9,935 6 / 7 264 Days
394 S HIBISCUS DR
Hibiscus Island
$9,650,000
-16% ($1,850,000)

5,434 6 / 6 2110 Days
709 E DILIDO DR
Di Lido Island
$10,900,000
-16% ($2,000,000)

6,446 6 / 6 393 Days
24 Palm Ave
Palm Island
$12,950,000
-15% ($2,350,000)

6,712 7 / 8 558 Days
166 Palm Ave
Palm Island
$12,695,000
-15% ($2,255,000)

10,971 7 / 7 1085 Days
401 W Rivo Alto Dr
Rivo Alto Amd
$4,500,000
-14% ($750,000)

4,789 5 / 5 176 Days
142 Palm Ave
Palm Island
$9,875,000
-14% ($1,625,000)

7,455 7 / 6 340 Days
140 N Hibiscus Dr
Hibiscus Island
$2,800,000
-14% ($450,000)

3,857 5 / 4 344 Days
211 E Rivo Alto Dr
Rivo Alto Amd
$4,750,000
-13% ($700,000)

3,284 4 / 3 376 Days
421 N Hibiscus
Hibiscus Island
$10,900,000
-13% ($1,600,000)

4,706 5 / 5 132 Days
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Cyro Raffa , Broker/Owner
Ion Real Estate Group
15455 West Dixie HWY, STE-A
North Miami Beach, FL 33162

USA: 954-608-1016 / Skype: cyro.raffa
Sao Paulo: 11-4063-9591 / Cuiaba: 65-4052-9121
Fax: 954-656-1004
cyro@ionrealestategroup.com

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