Miami Luxury Condos · South of Fifth · Marea
By Josh Stein · Florida license SL3057661 · Updated 8 October 2026Leer en español →
2 condos for sale at Marea, average list price $2,252.98 per sq ft (total list price ÷ total sq ft).
- Asking range$3,900,000 to $7,250,000
- List price per sq ft$2,252.98
- Months of inventory24.0
- Sold, 12 months1
Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
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Key facts about Marea
| Address | 801 S Pointe Drive, Miami Beach FL 33139 |
|---|---|
| For sale now | 2 |
| List price range | $3,900,000 to $7,250,000 |
| Size | 2,140 to 2,809 sq ft |
| Bedrooms | 3 BR |
| List price per sq ft | Average $2,252.98, low $1,822, high $2,581 |
| Monthly HOA | $3,412 to $7,004 |
| Year built | 2015 |
| Amenities | Cabana, Elevators, Fitness Center, Maintenance Grounds, Management, Pool, Sauna, Spa Hot Tub, Trash |
| Neighborhood | Miami Beach |
Residences at Marea
| Bedrooms | For sale | Size (sq ft) | List price | Avg $/sq ft | Last sale |
|---|---|---|---|---|---|
| 2 | 0 | $2,595,000 (May 1, 2026) | |||
| 3 or more | 2 | 2,140 to 2,809 | $3,900,000 to $7,250,000 | $2,252.98 |
Recently sold in Marea
3 listings
Verified 23 September 2026Miami-Dade County Property Appraiser1 source
On recorded 2026 sales this building runs $1,857 per square foot — more expensive than 106 of the 116 other buildings on the Miami Condo Index. Figures are closed sales from the Miami-Dade County Property Appraiser, not asking prices. Hover or tap a color to see the split.
Key Takeaways
- Marea recorded only two sales in the 12 months to 23 September 2026 — on the Miami-Dade County Property Appraiser record, too few for a reliable median. The latest recorded sale was on 15 May 2026. Own at Marea? Ask Josh what yours would sell for on WhatsApp.
- More than half the original buyers who resold here lost money : 14 of 25, 56.0%, at a median outcome of −3.3%. The building sold out in 2015 at a median $2,234,000, or $1,317 per square foot. Resales in 2017, 2019 and 2020 sat below that per-foot level, while 2021 and 2022 (20 sales) traded above it, at medians of $1,382 and $1,420 per square foot.
- The last two sales are the highest per-foot prices of 2023 to 2026: $1,868 per square foot in April 2026 and $1,846 in May 2026, against a four-year median of $1,335.
- One home shows the turn precisely — unit 204 sold for $1,900,000 in December 2024 and $2,595,000 in April 2026 — the same home, up 36.6% in sixteen months.
- It trades often for a 30-home building — ten qualified sales in four years, about one home in 12 a year, against a median of one in 23 across the buildings in my Miami Condo Index; 3 of the 116 other buildings turn over faster.
- The building has east and west wings and the county labels every unit — sizes run 872 to 2,788 sq ft, median 1,732, with 16 two-bedrooms and 11 three-bedrooms among the 30 homes.
- The record still belongs to the sell-out — $7,900,000 on 14 October 2015 for a 2,748 sq ft home — $2,875 per square foot, unbeaten in eleven years.
Marea, by the numbers
Developer: Related Group · Architect: Sieger Suarez. Source: the building record on this site.
801 S. Pointe Drive, Miami Beach, Florida 33139 | Neighborhood: South of Fifth
What is actually in the building
The county returns 34 folios for 801 South Pointe Drive. 30 are homes. One is a reference folio and three are commercial store units — of 220, 6,101 and 12,159 sq ft — which are excluded from everything below.
The homes run from 872 sq ft to 2,788 sq ft, median 1,732, and the county labels every unit as east or west. No plan dominates: the most common sizes carry four homes each, at 1,381, 1,389, 1,728, 1,732 and 2,140 sq ft. The bedroom mix is 16 two-bedrooms, 11 three-bedrooms, two one-bedrooms and one four-bedroom.
For 2026 the county assesses the homes between $843,355 and $6,562,689, median $1,832,028.
A hard decade for early buyers, and then a turn
This building has one clear story and the county record tells it without much help from me.
Marea sold out in 2015 — 29 qualified sales, 96.7% of the building, at a median $2,234,000, or $1,317 per square foot. Almost every owner started at the same moment and close to the same price, which makes what happened next unusually easy to read.
Of those 2015 buyers, 25 have since resold and 14 lost money. That is 56.0%, at a median outcome of −3.3%. Across all 37 resales the county records here, 17 lost money — 45.9% — at a median of +0.1% over a 5.3-year hold. The median loss was 10.5% and the worst was 30.4%. For most of the decade after the sell-out, a home here was worth roughly what its owner had paid for it, and often less.
Then the last two sales happened.
On 28 April 2026 a 1,389 sq ft home sold for $2,595,000 — $1,868 per square foot. On 15 May 2026 a 1,381 sq ft home sold for $2,550,000 — $1,846 per square foot. Those are the two highest per-foot prices of 2023 to 2026, 54% and 52% above the 2023 median of $1,212. Larger homes did sell for more per square foot in 2018 and 2021, so this is a measure against recent years, not a new ceiling.
The cleanest evidence is a single home. Unit 204, 1,389 sq ft, sold on 16 December 2024 for $1,900,000 and again on 28 April 2026 for $2,595,000 — the same home, up 36.6% in sixteen months. No mix, no floorplan difference, no size adjustment: one home, two prices, sixteen months apart.
I want to be careful about how much that carries. Two sales are two sales, and a building that spent ten years disappointing its owners does not become a different building because of a good spring. But the direction is consistent across both 2026 transactions, it is confirmed by a repeat sale of one home, and it is well above the 2023 to 2025 medians of $1,212, $1,335 and $1,231. My honest reading is that the turn is real and the magnitude is not yet established.
The price record
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 3 | $2,100,000 | $1,212 |
| 2024 | 4 | $2,245,000 | $1,335 |
| 2025 | 1 | $1,700,000 | $1,231 |
| 2026 to date | 2 | $2,572,500 | $1,857 |
Ten qualified sales in four years. No four-year change is published and the building carries a dash in my Miami Condo Index: 2023 recorded three sales and 2026 two, both below the five I require at each end. The mechanical figure would be a rise of more than 50%, which on five transactions is not a number I am prepared to print.
Across the ten sales the building cleared a median $1,335 per square foot, in a band from $1,198 to $1,868, at a median price of $2,245,000. Turnover is genuinely good for a building of 30 homes: one home in 12 a year, about twice the index median of one in 23; 3 of the 116 other buildings turn over faster.
The record is $7,900,000, paid on 14 October 2015 for a 2,748 sq ft home — $2,875 per square foot. That is a sell-out price, it has stood for eleven years, and the best resale price since is $6,820,000 (24 March 2021, 2,757 sq ft), so the record is 16% above it. It is the building’s ceiling and it should not be used as a benchmark for anything currently for sale.
Who this building suits, and who it does not
It suits a buyer who wants a small, well-located building in South of Fifth and is arriving after the difficult decade rather than during it. Thirty homes, a genuinely liquid record at one in 12, and two 2026 sales well clear of the 2023 to 2025 medians.
It suits a buyer who reads the resale statistics correctly. A 56.0% loss rate among the 2015 cohort is a fact about the sell-out price, not about the building — and the buyer today is entering against a resale market that has already absorbed it.
It suits badly a short-term holder. The median hold across resales here is 5.3 years and the median outcome across all 37 was +0.1%. That is a decade of round trips that netted nothing.
It suits badly anyone who needs a deep comparable set for a specific floorplan. With 30 homes across a dozen sizes, your exact plan may not have traded in years.
If you are selling here, the two 2026 sales are the strongest cards you have and you should lead with them: $1,868 and $1,846 per square foot, against a four-year median of $1,335. Support them with unit 204, which sold twice — December 2024 and April 2026 — and rose 36.6% between the two. What a buyer’s agent will bring is the 2015 cohort record, and it is real: more than half of the 2015 buyers who resold did so at a loss. The answer is that those sales happened before the last two, and the last two are the market.
Own at Marea?
If you own here, this page already carries the county’s record of what homes in Marea have sold for. Here is how to use it.
Your three options
- Sell. Price against what comparable homes in the building have actually recorded, not against asking prices.
- Rent it out. Within the condominium’s rental rules, which vary from building to building.
- Hold. Watch the record: this page is updated from the county as new sales are posted.
What I will send you
Tell me your unit. I will send you the recorded sales of comparable homes in Marea, what they sold for per square foot, and a straight read on what yours could sell for today.
Two free things for owners
Marea South Beach — Frequently Asked Questions
What have homes at Marea sold for in the last 12 months?
Only two sales were recorded on the Miami-Dade County Property Appraiser record in the 12 months to 23 September 2026, too few to state a reliable median. The latest recorded sale was on 15 May 2026. A price for a specific home depends on its line, floor and condition. If you own at Marea, message Josh Stein on WhatsApp at (305) 695-8257.
Have owners at Marea made money?
Not reliably. The building sold out in 2015 at a median $2,234,000, or $1,317 per square foot. Of those buyers, 25 have since resold and 14 lost money, 56.0%, at a median outcome of −3.3%. Across all 37 resales, 17 lost money, or 45.9%, at a median of +0.1% over a 5.3-year hold.
Have prices at Marea gone up recently?
The last two sales say yes, and one of them is a like-for-like proof. On 28 April 2026 a 1,389 sq ft home sold at $1,868 per square foot and on 15 May 2026 a 1,381 sq ft home at $1,846, the two highest per-foot prices of 2023 to 2026, against a 2023 median of $1,212. Unit 204 sold for $1,900,000 in December 2024 and $2,595,000 in April 2026, the same home up 36.6% in sixteen months.
How much does a home at Marea sell for?
Across the ten qualified sales in the four years 2023 to 2026 the building cleared a median $1,335 per square foot, in a band from $1,198 to $1,868, at a median price of $2,245,000. The two 2026 sales were at a median $1,857 per square foot.
Why is no four-year change published for Marea?
Because 2023 carries three qualified sales and 2026 two, both below the five I require at each end. The mechanical arithmetic would show a rise of more than 50%, which on five transactions is not a figure worth printing, so the building carries a dash in my Miami Condo Index.
How big are the homes at Marea?
From 872 sq ft to 2,788 sq ft, median 1,732, across 30 homes. The mix is 16 two-bedrooms, 11 three-bedrooms, two one-bedrooms and one four-bedroom. The county labels every unit as east or west, and no single floorplan carries more than four homes.
What is the highest price ever paid at Marea?
$7,900,000, on 14 October 2015, for a 2,748 sq ft home — $2,875 per square foot. It is a sell-out price and it has stood for eleven years; the best resale since is $6,820,000 (24 March 2021), so the record is 16% above it, and it should not be used as a benchmark.
How often do homes at Marea change hands?
Often, for a building this size. The county records ten qualified sales in the four years 2023 to 2026 against 30 homes, about one home in 12 a year, about twice the median of one in 23 across the buildings in my Miami Condo Index. 3 of the 116 other buildings turn over faster.
Sources and further reading
Interested in selling at Marea South Beach?
Learn more about selling your condo at Marea with Josh Stein.
Thinking about Marea?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comGet this building’s next recorded sale — before the listing sites catch up
- Every closed sale we can verify from the Miami-Dade record — price, date, and $/sqft when the deed supports it — not an IDX feed.
- Optional alert when a new deed posts in this building (or a short list of comps you choose).
- No spam inventory blasts. One building. One record. You decide what happens next.
Tell Josh which building. He’ll send the latest closed sales and set a quiet alert.
Get the sales recordRelated coverage
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