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Downtown Miami includes 4 distinct areas: Brickell, Park West, the Central Business District and Midtown, which is then divided into the Wynwood and Edgewater districts. The area has a number of attractions for both locals and tourists, including the Miami Art Museum, Miami Arena Events, the Historical Museum of Southern Florida, the Maurice Gusman Center for the Performing Arts and the American Airlines Arena. Downtown Miami is also home to a number of restaurants and shops, making homes and condos here extremely desirable.

Real estate in Downtown Miami continues to expand upward and is sometimes referred to as the Manhattan of the South. Luxury condominiums are popular downtown, especially those along Brickell Avenue. Brickell Key remains one of the most popular areas downtown, offering luxury properties like Asia Brickell Key. Other condos popular with professionals downtown are 50 Biscayne, across from Bayfront Park, and Icon Brickell.

Downtown Miami MARKET INTELLIGENCE

Average Sold Price

$ 416,716
Average Sold Price
$ 2,672
Average Rental Price
Maximum Price
Minimum Price

Average Days on Market

84 days
Average on market in 2017
76 days
Average on market in 2016
2017 year
2016 year

Average Price per SF Sold($)

$ N/A
Average $ per SF for Homes
$ 261
Average $ per SF for Condos
Homes
Condos

Number of Sales in Last Six Months

0 Homes
Total Sold in Last 6 Months
112 Condos
Total Sold in Last 6 Months
Homes
Condos

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