2014 Miami Beach Luxury Waterfront Real Estate Sales – Prices Surge on Low Inventory and 2015 Predictions

Miami Beach luxury waterfront homes continue to be a hot commodity with inventory being scarce and prices rising 16% Y-0-Y, the average waterfront home in Miami Beach is now a record $6.7M. Land prices have surged and number of sales and values are at unprecedented heights. Prediction for 2015? More of the same. Read more…

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Stratosphere: 2012 Miami Beach Waterfront Real Estate Sales Soar to Heights Unseen- UPDATED

Miami Beach and Indian Creek Village Waterfront Sales for 2012. Real estate records were broken in all sectors, including: highest sale, highest sales volume and number of transactions. Land sale records were also broken, as older homes are to be demolished, and some lots joined together to make estate-sized properties.

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Miami Beach Luxury Real Estate – Q3 Waterfront Stats: Ultra-Luxury INSANITY

I really didn’t plan on doing a Q3 stats analysis of Miami Beach luxury waterfront homes, but with such incredible activity, especially in the ultra-high-end ($10M+) range, the stats are so out-of-control good that I just HAD to. The big story of 2012 is the number of homes and parcels of land that sold in the […]

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CRAZY: Miami Beach Luxury Waterfront Real Estate Sales Surge More Than 41% in 2011

This post is definitely the hardest of the year to write, if done right. Usually I get this Miami Beach real estate retrospective out on New Year’s Day, but I wasn’t feeling so comfortable with that this year. Why, you ask? Well, I saw something in the number of sales NOT reported in the MLS that was […]

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Miami Beach Luxury Real Estate: 2010 Waterfront Home Stats

In 2010, there were 51 waterfront sales in Miami Beach. The average Miami Beach waterfront home sold for $710/square foot. The high sale for 2010 was 88 La Gorce Circle on La Gorce Island, which sold in June for $16M. The Miami Beach luxury home market was fueled by many pro athletes either buying or sellling.

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Miami Beach Luxury Real Estate: Waterfront Homes PPSF Falls 25% Y-O-Y

In 2009 there were 42 waterfront sales in Miami Beach. The average Miami Beach waterfront home sold for $702/ square foot. The high sale for 2009 was Shaq’s Star Island home which sold in June for $16M, and the low sale was a home in mid-beach for $1M. Coincidentally, the high and low sales in 2008 were just about the same.

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