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Market Intelligence

South Beach

Miami Beach's Art Deco core — 30 buildings from 1960s West Avenue mid-rises to Five Park, the island's tallest residential tower.

South Beach is the historic heart of Miami Beach, spanning the Art Deco District, Ocean Drive, West Avenue, and Sunset Harbour — the neighborhood's condo stock ranges from 1960s mid-rises like Flamingo South Beach to trophy oceanfront towers like the Setai and W South Beach, and the newest delivery, Five Park at 500 Alton Road. $1,235/SF average asking, $1,047/SF average closed, per MiamiRE/Bridge MLS.

South Beach Miami Beach skyline
Market Snapshot
30
Buildings Indexed
218
Active For Sale
353
Active For Rent
234
Sales Last 12mo
$1,235
Avg Asking $/SF
$1,047
Avg Closed $/SF
Building Index™ — Complete Database

All 30 South Beach buildings

The complete Haute Building Index™ for South Beach — every profiled building with live counts.

Building
Built
Units
For Sale
For Rent
Asking $/SF
1 Hotel & Home South Beach
2015
156
0
0
1500 Ocean Drive
1998
112
4
8
$1,371
Alliage Lofts
2004
12
0
0
Artecity Governor
1936
61
0
0
Bentley Bay
2018
207
2
2
$1,351
Bentley Bay North Tower
2004
87
3
5
$1,246
Decoplage
1965
625
37
141
$757
Five Park
2024
98
13
5
$2,338
Flamingo South Beach
1960
562
4
20
$726
Il Villaggio
1998
120
4
5
$1,944
Industry Lofts
2006
17
0
0
Meridian Lofts
2005
111
11
0
$843
Mirador East
1979
64
1
2
$686
Mirador North
1968
463
15
12
$531
Mirador South
1968
463
20
12
$564
Monad Terrace
2020
59
4
0
$1,874
Mondrian South Beach
2008
342
10
12
$741
Live Inventory

Homes & condos for sale in South Beach

218 active listings across 30 MLS-connected buildings, synced 2026-09-09. Showing top 15 by price.
Building / Unit
Bed/Bath
SF
Price
$/SF
DOM
SETAI RESORT & RESIDENCES #PHA 3909
3bd/3ba
2,521 sf
$15,999,000
$6,346/sf
109
SETAI RESORT & RESIDENCES #1707
4bd/4ba
3,837 sf
$15,750,000
$4,105/sf
113
THE GRAND VENETIAN #PH04
3bd/4ba
4,750 sf
$10,985,000
$2,313/sf
67
FIVE PARK #4401
3bd/4ba
3,186 sf
$10,875,000
$3,413/sf
11
FIVE PARK #2318
4bd/5ba
3,520 sf
$10,500,000
$2,983/sf
4
SETAI RESORT & RESIDENCES #3501
4bd/4ba
2,411 sf
$9,475,000
$3,930/sf
46
FIVE PARK #2903
4bd/5ba
2,615 sf
$7,500,000
$2,868/sf
208
MONAD TERRACE #11E
5bd/6ba
4,181 sf
$6,990,000
$1,672/sf
117
RONEY PALACE #440-443
3bd/4ba
2,800 sf
$6,950,000
$2,482/sf
66
SETAI RESORT & RESIDENCES #3803
3bd/3ba
1,588 sf
$5,399,999
$3,401/sf
355
SETAI RESORT & RESIDENCES #3208
2bd/2ba
1,141 sf
$5,200,000
$4,557/sf
5
FIVE PARK #2105
3bd/4ba
2,512 sf
$4,999,000
$1,990/sf
34
FIVE PARK #3605
3bd/4ba
1,969 sf
$4,695,000
$2,384/sf
4
SETAI RESORT & RESIDENCES #3006
2bd/2ba
1,316 sf
$4,400,000
$3,343/sf
206
MONAD TERRACE #3E
2bd/3ba
2,000 sf
$4,299,000
$2,150/sf
7
Recent Sales

Closed sales, last 12 months

234 closed sales across 30 MLS-connected buildings in the trailing 12 months. Showing top 15 by price.
Building / Unit
Bed/Bath
SF
Price
$/SF
Closed
MONAD TERRACE #PH-E
5bd/6ba
4,306 sf
$12,000,000
$2,787/sf
2026-08-17
THE GRAND VENETIAN #PH 2/3
6bd/6ba
6,422 sf
$8,175,000
$1,273/sf
2026-04-30
MONAD TERRACE #1A
3bd/4ba
3,107 sf
$6,950,000
$2,237/sf
2026-05-28
FIVE PARK #3901
4bd/5ba
3,186 sf
$6,862,500
$2,154/sf
2025-09-18
FIVE PARK #3603
3bd/5ba
2,451 sf
$6,750,000
$2,754/sf
2026-01-16
FIVE PARK #3503
3bd/5ba
2,615 sf
$6,674,000
$2,552/sf
2026-06-05
FIVE PARK #3303
3bd/5ba
2,615 sf
$6,500,000
$2,486/sf
2025-12-23
FIVE PARK #3602
3bd/4ba
2,930 sf
$6,175,000
$2,108/sf
2026-06-01
MONAD TERRACE #3F
3bd/4ba
2,658 sf
$6,075,000
$2,286/sf
2026-06-03
FIVE PARK #3201
4bd/5ba
3,186 sf
$6,000,000
$1,883/sf
2026-01-13
FIVE PARK #2802
3bd/4ba
2,930 sf
$5,950,000
$2,031/sf
2026-04-07
SETAI RESORT & RESIDENCES #3008
2bd/2ba
1,141 sf
$5,500,000
$4,820/sf
2026-02-02
IL VILLAGGIO #1408
3bd/4ba
2,820 sf
$4,825,000
$1,711/sf
2026-01-15
MONAD TERRACE #11B
3bd/4ba
2,691 sf
$4,400,000
$1,635/sf
2025-10-14
SETAI RESORT & RESIDENCES #3806
2bd/2ba
1,316 sf
$4,300,000
$3,267/sf
2026-08-27
Haute Intelligence

South Beach Market Intelligence

$1,235
Average asking $/SF
$1,047
Average closed $/SF
571
Total active listings
234
Closed sales, 12mo
Miami Beach's Art Deco Core

From Ocean Drive to Sunset Harbour

South Beach is the original Miami Beach — the Art Deco district, Ocean Drive's oceanfront hotels-turned-condos, and the West Avenue/Sunset Harbour corridor that has become one of the city's most walkable residential pockets. Its 30 buildings span more than six decades, from Flamingo South Beach's 1960 mid-rise towers to Five Park's 2024 delivery, the tallest residential building on Miami Beach.

Condominiums & Buildings

Ocean Drive icons to West Avenue's newest towers

South Beach's condo stock includes some of Miami's most recognized addresses — the Setai, W South Beach, and 1 Hotel & Homes on Ocean Drive and Collins Avenue, alongside the West Avenue corridor's Mondrian, Mirador towers, and South Bay Club, and the Sunset Harbour district's boutique waterfront buildings. See every profiled building, live counts included, in All Buildings above ↑.

South Beach vs. South of Fifth

The Art Deco core vs. the southern tip

South Beach and South of Fifth are often used interchangeably, but they're distinct markets: South of Fifth is the walkable peninsula south of 5th Street, anchored by South Pointe Park and buildings like the Continuum and Apogee; South Beach is the broader Art Deco core running from 5th Street north through the West Avenue and Sunset Harbour corridors, with a wider range of building eras and price points.

Haute Perspective

South Beach is where Miami's condo market began — and where it keeps reinventing itself, six decades later.

From Flamingo South Beach's 1960 towers to Five Park's 2024 record-setting height, South Beach's building stock reads like a timeline of Miami Beach itself — still the neighborhood every other Miami Beach market gets compared to.

Market Experts

South Beach Advisors

HL Real Estate Group advisors work across South Beach's full building range, from Art Deco-era mid-rises to the neighborhood's newest towers.

Speak With An Advisor
Considering South Beach against Miami Beach's other markets? Our advisors work across all Haute Residence markets.
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Frequently Asked Questions

South Beach, answered

How many buildings are in South Beach?

30 MLS-connected buildings, spanning 1960 (Flamingo South Beach) to 2024 (Five Park).

What's the difference between South Beach and South of Fifth?

South of Fifth is the walkable peninsula south of 5th Street; South Beach is the broader Art Deco core running north through West Avenue and Sunset Harbour.

What is the tallest residential building in South Beach?

Five Park, a 48-story, 519-foot tower at 500 Alton Road completed in 2024 — the tallest residential building on Miami Beach.