South Beach condo market report — Oct 2025

October 2025 in South Beach

98 condos came to market in South Beach during October 2025.

Closed sales

88 condo sales closed in October 2025 at a median price of $382,500 ($516 per square foot), after a median 90 days on market.

That compares with 69 closings in September 2025, when the median closed price per square foot was $540.

Year over year, closed prices per square foot are down 27.0% from $706 in October 2024.

The trailing year

Over the 12 months ending October 2025, South Beach recorded 189 condo closings — an average of 16 a month — with the busiest month being October 2025 at 88 sales.

Monthly median closed prices ranged from $437 to $805 per square foot over that span.

Buildings with the most closings in October 2025

• Flamingo South Beach — 4 closings at a median $575,000 ($581/sq ft)
• Mirador 1200 — 3 closings at a median $495,000 ($591/sq ft)
• Mirador 1000 — 3 closings at a median $280,000 ($516/sq ft)
• One Thousand Venetian Way — 3 closings at a median $2,000,000 ($1,221/sq ft)
• Portofino Tower — 2 closings at a median $2,584,420 ($1,104/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.