Miami-Dade Predefined Commercial Types

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THINKING ABOUT SELLING?

With Video & 3D Tours, properties sell up to 31% faster and at a higher price. Contact our real estate advisor today to list your property!
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Video & 3D Virtual Tours

"With 3D Tours, properties sell up to 31% faster and at a higher price"

Thinking about selling? Contact Best of Luxury Realty Advisor today for a FREE, No-Obligation Comparative Market Analysis (CMA) and information regarding Video -or- 3D Virtual Tour presentation of your property. 

*We are offering our Buyer Clients real-time virtual property video tours and showings by Zoom, WhatsApp, Facetime, Skype, and via FB Messenger! A virtual office for electronic signatures, paperwork and closings. Contact our advisors for further details.

 

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South Miami, home to over eleven thousand people, has a culturally diverse population, beautiful homes, and a beautiful location to be proud of. Its 2.3 square miles contain some of the most beautiful landscape in the United States. In recent years, however, there has been an increasing focus on growing the area and maximizing its potential to attract more residents and visitors. They are protecting the beauty that already exists in South Miami, while simultaneously revamping those areas that need improvement. In this way, the overall image of South Miami is elevated.

One step in this process is protecting historical properties from destruction or changes. The historical preservation laws allow for structural improvements that are necessary without altering the structures to the point that they become inauthentic. South Miami has these laws to thank for maintaining the Cambridge Lawns district. Stunning 1920's homes line the streets of this lush South Miami area. As one of the first to be protected for their historical merit, they offer a look back to 1920's architecture and are aesthetically pleasing.

Residents of South Miami no doubt appreciate the efforts to improve their already wonderful neighborhood. While the average income remains below fifty-thousand dollars, the area is rapidly growing. The growing influx of residents and tourists nearly guarantees continuing improvement in South Miami. This includes improving salaries, increasingly available services, and new and renovated condominiums. Attractive to residents and tourists alike, South Miami is quickly becoming an even lovelier place to visit and live.

South Miami Sold In Last 12 Months

  • Closed Sales: 116
  • Homes: 89
  • Condos: 20
  • Rentals: 149
  • Commercial: 6
  • Multifamily: 1
  • Lots and Land / Boat Docks: 6

South Miami Currently Pending

  • Pending Sales: 14
  • Homes: 12
  • Condos: 2
  • Pending Rentals: 0
  • Commercial: 1
  • Multifamily: 0
  • Lots and Land / Boat Docks: 0

South Miami Available Property

  • Homes For Sale: 33
  • Condos For Sale: 12
  • For Rent: 54

Average $/SqFt:

  • Available Sales $725/SqFt
  • Available Rentals $4/SqFt
  • Closed Sales $615/SqFt
  • Closed Rentals $3/SqFt

Average Price:

  • Homes Average Price $2,500,606
  • Condos Average Price $480,816
  • Average Price Sold $422,975
  • Rental Average Price $4,027
  • Average Price Rented $4,780