South Beach condo market report — Feb 2026

February 2026 in South Beach

130 condos came to market in South Beach during February 2026.

Closed sales

72 condo sales closed in February 2026 at a median price of $655,000 ($725 per square foot), after a median 86 days on market.

That compares with 70 closings in January 2026, when the median closed price per square foot was $685.

Year over year, closed prices per square foot are up 1.7% from $712 in February 2025.

The trailing year

Over the 12 months ending February 2026, South Beach recorded 455 condo closings — an average of 38 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 February 2026

• Belle Isle — 5 closings at a median $975,000 ($777/sq ft)
• The Decoplage — 4 closings at a median $650,000 ($836/sq ft)
• South Pointe Towers — 3 closings at a median $1,390,000 ($1,193/sq ft)
• Roney Palace — 3 closings at a median $730,000 ($1,067/sq ft)
• Five Park — 2 closings at a median $2,325,000 ($1,781/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.