If you need assistance, please call 305-340-1857

Bunny Hart
305-213-0873

Downtown Miami

Why you'd want to live in Downtown Miami

Downtown Miami is an urban city center, based around the Central Business District of Miami, Florida, United States. In addition to the central business district, the area also consists of the Brickell Financial District, Historic District, Government Center, Omni and Park West. The neighborhood is divided by the Miami River and is bordered by Midtown (Edgewater and Wynwood) to the north, Biscayne Bay to the east, Civic Center and Overtown to the west, and Coconut Grove to the south. Brickell Avenue and Biscayne Boulevard are the main north-south roads, and Flagler Street is the main east-west road. The neighborhood is defined by the Miami Downtown Development Authority (DDA) as the 3.8-square-mile (9.8 km2)-area east of Interstate 95 between the Rickenbacker Causeway to the south and Julia Tuttle Causeway to the north. Locally known as Downtown, the area is a cultural, financial, and commercial center of South Florida, tracing its present-day history back to the 19th century. In recent years, Downtown Miami has grown and physically expanded to become the fastest-growing area in Miami, with rapid increase in population and the greatest concentration of high-rises in the region. Greater Downtown is home to many major museums, parks, education centers, banks, company headquarters, courthouses, government offices, theaters, shops and many of the oldest buildings in the city. via Wikipedia

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Downtown Miami Market Report

$1,403,288

AVERAGE PRICE OF 1,084 HOMES

$2,642,296

AVERAGE PRICE OF 119 NEWLY BUILT HOMES

$5,986,742

AVERAGE PRICE OF 244 HOMES WITH A POOL

$4,559,873

AVERAGE PRICE OF 167 MULTI-MILLION DOLLAR HOMES

$608,231

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

$294,325

AVERAGE PRICE OF 8 DISTRESSED HOMES

Average Home

Average Price $1,403,288
Avg Bedrooms 2.25 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $376,615
2 bedrooms $633,869
3 bedrooms $1,540,705
4 bedrooms $3,389,118
5 bedrooms $5,529,523
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach Senior High School 39 $2,776,594 168 days
Washington; Brooker T 36 $703,362 131 days
Coral Gables Senior High School 28 $1,359,047 97 days
Miami Senior High School 17 $1,095,047 145 days
Coral Glades High School 8 $391,000 135 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,084 $1,403,288 153 days
Newly Built Homes 119 $2,642,296 169 days
Homes with a Pool 244 $5,986,742 107 days
Multi-Million Dollar Homes 167 $4,559,873 224 days
Reduced Price Homes 25 $608,231 162 days
Distressed Homes 8 $294,325 208 days
Julie's Realty LLC
Julie Sidorevskaya
1700 Kennedy Causeway #160
North Bay Village, FL 33141
305-340-1857

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.