Pre-Construction
Five Park Miami Beach
From $1.25M · Est. 2024
CONDO INVESTMIAMI
Rising Market
Miami, Florida
South Beach Condos
Miami's Iconic Oceanfront Playground
Current South Beach MLS listings
As of November 7, 2026, South Beach has 873 condos for sale and 711 for rent. Over the last 12 months condos closed at a median of $616 per sq ft after 83 days on market.
MLS aggregates as of November 7, 2026.
Miami Beach live listingsBuilding guide: Miami Beach Luxury Condo Buildings
Active for Sale
873
Active Rentals
711
Median Closed $/sq ft
$616
Median Days on Market
83 days
South Beach neighborhood metrics
MLS aggregates as of November 7, 2026, from the completed cache sync.
- Active inventory
873
As of November 7, 2026; active condominium listings for sale
MLS cache and methodology- Median asking $/sq ft
$674
As of November 7, 2026; n=850 eligible active asking observations
MLS cache and methodology- Median closed $/sq ft, last 12 months
$616
As of November 7, 2026; 2025-11-07 through 2026-11-06; 840 closed sales; n=827 eligible $/sq ft observations; minimum 30 sales and 30 eligible observations
MLS cache and methodology- Median days on market
83 days
As of November 7, 2026; 2025-11-07 through 2026-11-06; 840 closed sales; n=829 eligible closed-sale observations; minimum 30
MLS cache and methodology- Months of supply
12.5 months
As of November 7, 2026; active inventory / (840 closed sales / 12); 2025-11-07 through 2026-11-06; minimum 30 closed sales
MLS cache and methodology- Median HOA per sq ft
$1.37
As of November 7, 2026; per month; n=791 eligible active sale listings with an explicit fee frequency; median of monthly HOA / interior sq ft
MLS cache and methodology- Pre-construction projects
2
Canonical project-directory profiles in this neighborhood; not available units
Project directory- Buildings in FEMA zones A/AE/V/VE
100.0%
37 of 37 verified buildings; coverage 37/39 directory buildings. Checked November 2, 2026. Unverified buildings are excluded from the percentage denominator.
FEMA NFHL · Part 1 building records
About South Beach
South Beach is the cultural and social epicenter of Miami Beach, stretching from 1st to 23rd Street along the Atlantic Ocean. Defined by its pastel-colored Art Deco buildings on Ocean Drive, the Lincoln Road pedestrian mall, and 3 miles of pristine white sand beach, SoBe is one of the most photographed places on earth. The real estate market here ranges from renovated Art Deco condos to ultra-luxury oceanfront penthouses commanding eight-figure prices. Iconic hotels like The Ritz-Carlton, Faena, Setai, and 1 Hotel South Beach anchor the luxury hospitality scene. The neighborhood attracts a sophisticated international clientele — celebrities, fashion industry figures, and ultra-high-net-worth buyers from Latin America, Europe, and beyond. New ultra-luxury pre-construction projects like The Ritz-Carlton Residences South Beach (just 30 units from $5M) are redefining the market's ceiling. With direct Atlantic Ocean frontage, world-class dining by chefs like José Andrés and Nobu Matsuhisa, and unmatched cultural vibrancy, South Beach remains one of the most coveted addresses in the Western Hemisphere.
Why South Beach?
3 miles of world-famous white sand Atlantic beach
Historic Art Deco architecture district (1920s–1940s)
Lincoln Road — pedestrian mall with luxury retail & dining
Michelin-starred dining by José Andrés, Nobu, and more
Ultra-luxury hotels: Ritz-Carlton, Faena, Setai, 1 Hotel
Only 30 ultra-exclusive oceanfront residences at Ritz-Carlton
Walking distance to Bass Museum of Art & cultural venues
International airport 20 minutes away
Points of Interest
🎨
Ocean Drive
Iconic Art Deco strip with restaurants, bars, and people-watching
🛍️
Lincoln Road Mall
Pedestrian mall with luxury boutiques, restaurants, and galleries
🏖️
South Beach
3 miles of pristine white sand beach on the Atlantic Ocean
🌿
Lummus Park
Beachfront park with volleyball courts and Art Deco lifeguard stands
🎨
Faena Hotel
Ultra-luxury hotel and arts district by Alan Faena
🎨
Bass Museum of Art
Contemporary art museum in a historic Art Deco building
🍽️
Zaytinya by José Andrés
Michelin-starred Mediterranean restaurant at The Ritz-Carlton
🍽️
Nobu Miami Beach
World-famous Japanese-Peruvian fusion by Nobu Matsuhisa
Location
New Developments in South Beach
View all
Notable Buildings in South Beach
View all
Listings in South Beach
View allProperty Types
Oceanfront CondoArt Deco CondoLuxury PenthouseUltra-Luxury Branded Residence
ZIP Codes
3313933140
Investor Profile
Iconic global brands and oceanfront living are distinguishing features of this area. Review each building's rental rules, services, current MLS availability, and ownership costs before making a purchase decision.
Guides: South Beach Real Estate
Neighborhood Guides
Sunny Isles Beach vs. Miami Beach: The Ultimate Luxury Condo Comparison
Both offer oceanfront luxury and world-class amenities, but Sunny Isles and Miami Beach attract very different buyers. Here's how to choose between Miami's two premier beach destinations.
Read article
Investment Guides
Miami Condo Rental Market 2026: What Landlords Need to Know
Miami's rental market remains one of the strongest in the US, but 2026 brings new dynamics: increased supply from recent completions, evolving short-term rental regulations, and shifting tenant demographics. Here's what condo owners need to know.
Read article
Market Reports
The Delano Debut: 90 Stories, 985 Feet — Miami's Newest Supertall Has Arrived
PMG and Ennismore have officially unveiled Delano Residences Miami — the brand's first-ever residential tower and a 90-story, 985-foot supertall rising in the core of the city. The icon that defined South Beach is now redefining Downtown.
Read article
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