South Beach condo market report — Sep 2025
Live inventory as of today; sales figures from closed MLS transactions.
September 2025 in South Beach
77 condos came to market in South Beach during September 2025.
Closed sales
69 condo sales closed in September 2025 at a median price of $383,000 ($540 per square foot), after a median 98 days on market.
That compares with 3 closings in August 2025, when the median closed price per square foot was $437.
The trailing year
Over the 12 months ending September 2025, South Beach recorded 105 condo closings — an average of 9 a month — with the busiest month being September 2025 at 69 sales.
Monthly median closed prices ranged from $437 to $805 per square foot over that span.
Buildings with the most closings in September 2025
- South Bay Club — 6 closings at a median $320,000 ($398/sq ft)
- The Bentley Bay — 4 closings at a median $750,000 ($964/sq ft)
- Mirador 1200 — 3 closings at a median $355,000 ($528/sq ft)
- Five Park — 3 closings at a median $1,467,300 ($1,656/sq ft)
- The Decoplage — 3 closings at a median $455,000 ($511/sq ft)
Where to look next
Browse every condo for sale in South Beach, set up a price-drop alert, or compare buildings side by side. All figures are Own Miami calculations from MIAMI REALTORS® MLS data.
Sold $/sqft and closings, 24 months
| Month | New listings | Closed | Median sold | Median sold $/sf | Median DOM |
|---|---|---|---|---|---|
| Sep 2026 | 69 | 22 | $692K | $822/sqft | 76 |
| Aug 2026 | 170 | 57 | $555K | $583/sqft | 96 |
| Jul 2026 | 129 | 87 | $430K | $570/sqft | 64 |
| Jun 2026 | 128 | 96 | $374K | $546/sqft | 88 |
| May 2026 | 126 | 86 | $480K | $594/sqft | 110 |
| Apr 2026 | 123 | 120 | $611K | $682/sqft | 60 |
| Mar 2026 | 128 | 105 | $465K | $619/sqft | 72 |
| Feb 2026 | 131 | 72 | $655K | $725/sqft | 86 |
| Jan 2026 | 138 | 70 | $548K | $685/sqft | 80 |
| Dec 2025 | 109 | 75 | $525K | $604/sqft | 87 |
| Nov 2025 | 111 | 61 | $455K | $582/sqft | 82 |
| Oct 2025 | 98 | 89 | $380K | $514/sqft | 92 |
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