South Beach Condos for Sale

Every building we track in South Beach Condos for Sale

43 condominiums we track in South Beach Condos for Sale, from the county roll. 18 of them have a building page.

16 condominium declarations. 2,984 homes. Every sale Miami-Dade County has recorded in them — what buyers paid, not what sellers ask.

South Beach was the fastest-selling luxury market on the barrier island in 2025, carrying the lowest inventory of any beachside peer — about 15 months of supply against 21 in Mid and North Beach and 24 in Sunny Isles. Annual sales rose 19% to 274 closings. That combination, tight supply and rising volume, is what separates South Beach from the rest of Miami Beach right now.

The 2026 Market

Quarterly figures for South Beach specifically run to a median sale price around $2,000,000 and roughly $1,538 per square foot, at about 80 days on market. Across Miami Beach as a whole, Q1 2026 saw 231 sales, up 5% year over year, with days on market rising to 99 and inventory tightening to 19 months from 23.

One number needs context. Miami Beach's median price per square foot fell to about $1,178 in Q1 2026, down roughly 15%. That is a mix shift — more mid-tier product transacting — not a collapse at the top. In the same window, trophy sales set records. Read the two tiers separately or you will misprice.

South of Fifth: The Ultra-Luxury Tier

South of Fifth, or SoFi, is its own market and deserves its own numbers. Average pricing runs near $1,900 per square foot, with average sale prices moving from about $4.0M to $4.5M between 2024 and 2025 and the top sale rising from roughly $16M to $24M. Premium buildings trade at $5,000 to $6,000 per square foot. Sales above $10M rose 90% in 2025, deals over $5M account for about a quarter of all SoFi transactions, and roughly 90% of purchases are all cash.

Building-level behaviour varies enormously and is worth knowing before you choose. Apogee commands around $3,464 per square foot but with roughly 400 days on market. Continuum South and North run about $3,343 per square foot at around 240 days, with 95% cash buyers. Murano Grande sits near $1,400, Icon South Beach around $1,391 with only about three months of inventory, Portofino Tower near $1,237, and South Pointe Tower around $1,279 and the fastest of the group at roughly 62 days.

Why the Supply Is Capped

The Miami Beach Architectural District — the Art Deco district — runs south only to 6th Street. Everything north of that line is protected historic low-rise stock that cannot be replaced with towers. Everything south of Fifth sits outside the district, which is exactly why the 40-storey buildings are concentrated there.

That single boundary explains the South Beach price map better than any market commentary. New oceanfront supply is structurally limited, and the little that arrives — Five Park, the Shore Club Private Collection — arrives at the very top of the market.

Every building in South Beach

From the South of Fifth trophy towers to the Deco conversions on Ocean Drive, these are the South Beach buildings with pages on this site.

Living Here

Ocean Drive, Lincoln Road and Española Way anchor the pedestrian life; South Pointe Park anchors the southern tip with the pier and the beachwalk running north from it. Joe's Stone Crab has been at the corner of Washington and Biscayne since long before any of the towers. The Miami Beach Marina sits inside SoFi itself, which is part of why the neighbourhood attracts boat owners who want to walk to dinner.

One diligence note applies across the board: much of South Beach's condo stock is decades old and falls squarely under Florida's milestone inspection and structural reserve requirements. Review the inspection report, the reserve study and the assessment history for any building before offering.

Key Takeaways

• South Beach was the fastest-moving Miami Beach submarket in 2025 — 15 months of inventory versus 21 to 24 for its peers, with sales up 19%.
• South of Fifth averages about $1,900 per square foot; premium buildings reach $5,000 to $6,000, and roughly 90% of purchases are cash.
• $10M-plus sales rose 90% in 2025 and the top sale climbed from about $16M to $24M.
• Days on market vary hugely by building — from about 62 at South Pointe Tower to about 400 at Apogee.
• The Art Deco district's 6th Street boundary is why towers exist south of Fifth and nowhere immediately north of it.

Buildings in South Beach

72 buildings

Frequently Asked Questions

How much does a South Beach condo cost?

The South Beach median has run around $2,000,000 at roughly $1,538 per square foot. South of Fifth is a separate tier, averaging about $1,900 per square foot and $4.5M per sale, with premium buildings at $5,000 to $6,000 per square foot.

What is South of Fifth and why is it more expensive?

It is the neighbourhood south of 5th Street, outside the Art Deco historic district, which is why it holds tall modern oceanfront towers like Continuum and Apogee. Scarcity plus new construction drives the premium.

Is South Beach a buyer's or seller's market?

Tighter than the rest of Miami Beach — about 15 months of inventory versus 21 to 24 for peers — but inventory levels still favour prepared buyers, and individual buildings vary from 62 to 400 days on market.

Which South Beach building is the most expensive?

Apogee leads on price per square foot at roughly $3,464, followed by Continuum at about $3,343. Both also carry the longest marketing times in the neighbourhood.

Do South Beach buyers pay cash?

Overwhelmingly. Roughly 90% of South of Fifth transactions are all cash, and several individual buildings run at 95 to 100%.

Why can't they build more towers in South Beach?

Because the Miami Beach Architectural District protects roughly 800 to 960 historic buildings north of 6th Street. New high-rise development is effectively confined to the area south of Fifth.

What new condos are being built in South Beach?

Five Park at the north end of SoFi and the Shore Club Private Collection on Collins are the headline new-development stories; both sit at the very top of the market.

Should I worry about assessments in older South Beach buildings?

You should underwrite them. Much of the stock is decades old and subject to Florida's milestone inspection and reserve requirements, so the inspection report, reserve study and assessment history are essential reading before an offer.

Explore further: Art Deco condos · Miami luxury condos · penthouses · Bal Harbour · Fisher Island · selling your South Beach condo

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