South Beach condo market report — Mar 2026

March 2026 in South Beach

129 condos came to market in South Beach during March 2026.

Closed sales

104 condo sales closed in March 2026 at a median price of $484,500 ($623 per square foot), after a median 70 days on market.

That compares with 72 closings in February 2026, when the median closed price per square foot was $725.

Year over year, closed prices per square foot are down 22.6% from $805 in March 2025.

The trailing year

Over the 12 months ending March 2026, South Beach recorded 558 condo closings — an average of 47 a month — with the busiest month being March 2026 at 104 sales.

Monthly median closed prices ranged from $437 to $748 per square foot over that span.

Buildings with the most closings in March 2026

• The Decoplage — 7 closings at a median $455,000 ($755/sq ft)
• Yacht Club At Portofino C — 4 closings at a median $1,307,500 ($1,157/sq ft)
• The Floridian — 3 closings at a median $1,050,000 ($915/sq ft)
• Portofino Tower — 3 closings at a median $3,050,000 ($1,303/sq ft)
• Five Park — 3 closings at a median $10,950,000 ($2,308/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.