Mid-Beach
Millionaire's Row and the Faena District along Collins Avenue.
Collins Avenue from 23rd to 63rd Street, the Millionaire's Row of the Fontainebleau and Faena era: a ribbon of oceanfront towers with the boardwalk behind and Indian Creek in front.
309 of 373 are priced $450K+ and browsable on own.miami; the stats above cover every condo for sale.
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The 66 buildings of Mid-Beach
About Mid-Beach
Mid-Beach is Collins Avenue from Dade Boulevard at 23rd Street to 63rd Street: the stretch that made Miami Beach famous in the 1950s, when the Fontainebleau and Eden Roc opened on the ocean and the strip became Millionaire's Row. The hotels are still there, restored, and the Faena District around 32nd Street has become the island's arts and dining anchor; behind them the beach boardwalk runs unbroken to South Beach.
Almost every residence is oceanfront. The 1960s towers — the Alexander, Carriage House, Castle Beach Club, the Pavilion and the two Seacoast buildings — are large, established buildings with some of the best-value oceanfront floor plans in Miami Beach. The Fontainebleau residential towers, MEI, the Bath Club and the Ritz-Carlton Residences on the bay side make up the newer, pricier end.
West of Collins, Indian Creek separates the towers from the golf course and the island enclaves of La Gorce and Allison Island, so the district is a long, thin ribbon: beach on one side, water on the other, and Lincoln Road and the 41st Street shops at either end.
Where it sits
Is Mid-Beach a buyer's or a seller's market?
Five standard market signals in one reading: 0 is a strong buyer's market, 100 a strong seller's.
Room to negotiate. Offers below asking are normal, and most listings will still be there next week.
Price to the sold comps, not to other asking prices, and be ready to negotiate.
Miami overall: 25 · Buyer's market — 3 points more seller-friendly than Miami overall
What's behind the reading
- Months of supply13.9 monthsFavors buyers368 listings · 318 sales in 12 months · weight 35%
How long today's listings would take to sell at the past year's sales pace. In Miami condos, under 6 months favors sellers and over 9 favors buyers.
- Sale-to-list price92.1%Favors buyers154 sales · weight 25%
Median sale price as a share of the original asking price, sales in the last 6 months. Above 97% favors sellers; below 95% means buyers are negotiating.
- Days on market97 daysFavors buyers154 sales · weight 15%
Median days from listing to sale for homes sold in the last 6 months. Faster sales favor sellers.
- Listings with a price cut35%Neutral368 listings · weight 15%
Share of homes for sale now asking less than their original price. More cuts mean sellers are chasing buyers.
- Sales momentum+6% vs last yearFavors sellers132 sales · weight 10% · sale-to-list +1.1 pts
Closings in the last 90 days against the same 90 days a year earlier, plus the change in sale-to-list. Rising sales tilt the market toward sellers.
Resale condos from the MLS (pre-construction towers excluded), all prices. As of Oct 31, 2026 · How the index works
Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period July 19, 2025 through October 31, 2026.
8 new this week in Mid-Beach
Price drops in Mid-Beach
-28%
-24%
-23%
-19%
-19%
-17%Recent sales
| Unit | Beds / baths / sf | Sold | $/sf | Date |
|---|---|---|---|---|
| 4779 Collins Ave #1805 Blue Diamond | 2 / 2 / 1,380 | $1,475,000 | Sep 14, 2026 | |
| 2899 Collins Ave #1624 Triton Tower | 1 / 1.5 / 797 | $475,000 | Oct 22, 2026 | |
| 4401 Collins Ave #1401 Fontainebleau Trésor | 0 / 1 / 516 | $855,000 | Oct 22, 2026 | |
| 6365 Collins Ave #3002 Akoya | 2 / 2 / 1,392 | $1,600,000 | Aug 18, 2026 | |
| 4747 Collins Ave #201 Mimosa | 2 / 2 / 927 | $615,000 | Oct 27, 2026 | |
| 5151 Collins Ave #1027 Seacoast 5151 | 1 / 1.5 / 910 | $456,000 | Oct 14, 2026 | |
| 6039 Collins Ave #517 Maison Grande | 2 / 2 / 1,667 | $775,000 | Sep 18, 2026 | |
| 5959 Collins Ave #1804/1805 The Bath Club Residences | 6 / 6.5 / 3,982 | $13,750,018 | Sep 18, 2026 |
More districts in Mid-Beach & North Beach
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