# The Floridian

As of 2026-10-31, The Floridian in South Beach has 16 units for sale at a median asking price of $1.1M ($920/sqft); 17 units sold in the last 12 months.

The Floridian is a full-service bayfront condominium located in South Beach.

## Key facts

| | |
|---|---|
| Address | 650 West Ave |
| Neighborhood | South Beach |
| Year built | 1997 |
| Floors | 40 |
| Units | 334 |
| Waterfront | yes |
| Developer | Gumenick Properties & DK Equity |
| For sale | 16 |
| Pending | 0 |
| Median asking price | $1,100,000 |
| Median asking $/sqft | $920/sqft |
| Sold, last 12 months | 17 |
| Median sold $/sqft, 12 months | $915/sqft |
| Months of inventory | 11.3 |
| Median HOA | $1,581/mo |
| Parking | The building offers valet parking and assigned parking spaces in a garage. |

## Own Miami measures

- **own.miami Building Score: 63 (B+)**
  - Value: 57 — $920/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 61 — +3.9% $/sqft over 6 months
  - Liquidity: 45 — 11.3 months of supply · 100 days on market
  - Health: 79 — 2 verified records: Special assessment — noted on 2 listings
  - Waterfront: 90 — Waterfront building
  - Age: 47 — Built 1997 — vs. South Beach buildings
- **Own Miami Condo Index: 134** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 188 of 698 tracked Miami condos)
- **Financeability Index: 67** (good; 12-month window, 16 recorded mortgages, 40% of sales bank-financed, lowest down payment 20%, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2032)

## Building health (verified public records)

- Public records checked 2026-10-18
- positive: Bank financing — Regulated lenders recorded 13 purchase or refinance loans on this building in the last 12 months, financing 40% of its recorded sales, and accepted a down payment as low as 20%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 67/100. (2026-10-31)
- elevated: Special assessment — noted on 2 listings (2026-10-16)

## Frequently asked questions

**How much do condos at The Floridian cost?**

There are 16 condos for sale at The Floridian, from $549,000, with a median asking price of $1,100,000 ($920/sqft).

**How much are the HOA fees at The Floridian?**

HOA / maintenance fees at The Floridian run around $1,581 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

**Is The Floridian a waterfront building?**

Yes — The Floridian is a waterfront building (South Beach).

**When was The Floridian built?**

The Floridian was built in 1997, 40 stories, 334 residences.

**Who developed The Floridian?**

The Floridian was developed by Gumenick Properties & DK Equity.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at The Floridian](https://own.miami/buildings/the-floridian/for-sale)
- [The Waverly at South Beach](https://own.miami/buildings/the-waverly-at-south-beac)
- [The Meridian](https://own.miami/buildings/the-meridian)
- [Yacht Club At Portofino](https://own.miami/buildings/yacht-club-at-portofino-c)
- [The Cosmopolitan](https://own.miami/buildings/the-cosmopolitan)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/the-floridian
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai