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South Miami

Average List Price

$1,734,400

Average Price per Sqft

$707

Number of Active Listings

68

New Listings (last 30 days)

16

Average Days on the Market

130

Average Year Build

1979

Recent Transactions

Homes Sold (last 30 days)
10
Average Sale Price (last 30 days)
$880,200

Rental Market

Average Rent per month

$4,126

Map of the area

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3D Tour
$6,500,000
South Miami
Virtual Tour
$6,500,000
7400 57th Ave, South Miami, FL, 33143
PENDING
MLS# A11936803
3D Tour
$6,350,000
South Miami
Virtual Tour
$6,350,000
5921 84th St, South Miami, FL, 33143
6
8
5,920 Sq ft
ACTIVE
MLS# A11760863
3D Tour
$5,999,999
South Miami
Virtual Tour
$5,999,999
6790 72 STREET, South Miami, FL, 33143
5
4
3,576 Sq ft
ACTIVE
MLS# A11728464
3D Tour
$5,950,000
South Miami
Virtual Tour
$5,950,000
5890 82nd St, South Miami, FL, 33143
5
6
4,375 Sq ft
CONTRACT
MLS# A12017834
3D Tour
$5,795,000
South Miami
Virtual Tour
$5,795,000
7900 57th Ct, South Miami, FL, 33143
6
7
4,866 Sq ft
PENDING
MLS# A11989519
3D Tour
$5,700,000
South Miami
Virtual Tour
$5,700,000
6767 67th St, South Miami, FL, 33143
ACTIVE
MLS# A11863302
3D Tour
$5,290,000
South Miami
Virtual Tour
$5,290,000
5835 81st St, South Miami, FL, 33143
5
6
4,304 Sq ft
CONTRACT
MLS# A11853742
3D Tour
$4,995,000
South Miami
Virtual Tour
$4,995,000
5950 83rd St, South Miami, FL, 33143
5
6
3,759 Sq ft
CONTRACT
MLS# A11862946
3D Tour
$4,595,000
South Miami
Virtual Tour
$4,595,000
6250 78th St, South Miami, FL, 33143
6
8
5,494 Sq ft
ACTIVE
MLS# A11861686
3D Tour
$4,400,000
South Miami
Virtual Tour
$4,400,000
7621 59th Ct, South Miami, FL, 33143
6
7
4,646 Sq ft
ACTIVE
MLS# A11837609
$3,900,000
South Miami
$3,900,000
62 Ave 66 St, South Miami, FL, 33143
ACTIVE
MLS# A11661303
3D Tour
$3,900,000
South Miami
Virtual Tour
OPEN 06/07/26 12:00 - 3:00PM
$3,900,000
5700 86th St, South Miami, FL, 33143
4
4
3,391 Sq ft
ACTIVE
MLS# A12022669
Virtual Tour
South Miami
$6,500,000
7400 57th Ave, South Miami, FL, 33143
PENDING
MLS# A11936803

Listing Office: Gama Realty, Inc.

Virtual Tour
South Miami
$6,350,000
5921 84th St, South Miami, FL, 33143
6
8
5,920 Sq ft
ACTIVE
MLS# A11760863

Listing Office: One Sotheby's International Realty

Virtual Tour
South Miami
$5,999,999
6790 72 STREET, South Miami, FL, 33143
5
4
3,576 Sq ft
ACTIVE
MLS# A11728464

Listing Office: Douglas Elliman

Virtual Tour
South Miami
$5,950,000
5890 82nd St, South Miami, FL, 33143
5
6
4,375 Sq ft
CONTRACT
MLS# A12017834

Listing Office: Coldwell Banker Realty

Virtual Tour
South Miami
$5,795,000
7900 57th Ct, South Miami, FL, 33143
6
7
4,866 Sq ft
PENDING
MLS# A11989519

Listing Office: Douglas Elliman

Virtual Tour
South Miami
$5,700,000
6767 67th St, South Miami, FL, 33143
ACTIVE
MLS# A11863302

Listing Office: Miami Portfolio Collection

Virtual Tour
South Miami
$5,290,000
5835 81st St, South Miami, FL, 33143
5
6
4,304 Sq ft
CONTRACT
MLS# A11853742

Listing Office: Compass Florida, LLC

Virtual Tour
South Miami
$4,995,000
5950 83rd St, South Miami, FL, 33143
5
6
3,759 Sq ft
CONTRACT
MLS# A11862946

Listing Office: Coldwell Banker Realty

Virtual Tour
South Miami
$4,595,000
6250 78th St, South Miami, FL, 33143
6
8
5,494 Sq ft
ACTIVE
MLS# A11861686

Listing Office: ISC Realty Corp

Virtual Tour
South Miami
$4,400,000
7621 59th Ct, South Miami, FL, 33143
6
7
4,646 Sq ft
ACTIVE
MLS# A11837609

Listing Office: Compass Florida, LLC

South Miami
$3,900,000
62 Ave 66 St, South Miami, FL, 33143
ACTIVE
MLS# A11661303

Listing Office: Real Estate and Investments Services of Florida

OPEN 06/07/26 12:00 - 3:00PM
Virtual Tour
South Miami
$3,900,000
5700 86th St, South Miami, FL, 33143
4
4
3,391 Sq ft
ACTIVE
MLS# A12022669

Listing Office: Compass Florida, LLC

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South Miami
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 4th June, 2026 4:35 PM (UTC)
South Miami FL — Frequently Asked Questions

What buyers and sellers
ask about South Miami.

Answers to the most common questions about buying and selling real estate in South Miami, FL from InvesTeam Realty, serving this market for over 24 years.

What is the average home price in South Miami FL?
+
South Miami is a low-volume municipality where median price figures can shift significantly from month to month based on a small number of transactions. Recent data points to median sale prices ranging from approximately $1.19M to $1.6M depending on the period and property mix. Homes are currently averaging 56 to 88 days on market and tend to sell at approximately 7% below list price. Active listings are spread across single-family homes, condos, and townhomes. For the most accurate and current pricing in South Miami, contact an InvesTeam Realty agent directly.
What is South Miami known for as a community?
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South Miami is an incorporated city within Miami-Dade County known for its walkable downtown district along Sunset Drive, a strong civic identity, and a residential scale distinct from surrounding urban areas. It borders Coral Gables to the north and Pinecrest to the south, placing it at the center of one of the most established residential corridors in South Florida. Popular neighborhoods within and adjacent to the city include Dadeland, Riviera, High Pines, and South Gables. The community has a well-maintained parks system and a Metrorail station at Dadeland South and Dadeland North that provides direct access to downtown Miami without a car.
Is South Miami a good place to invest in real estate?
+
South Miami benefits from its position between Coral Gables and Pinecrest — two of Miami-Dade County's most stable and high-demand markets. Its walkable downtown, Metrorail access, and established residential character support long-term demand. The market is low-volume, which limits short-term liquidity but also signals a stable, owner-occupant base rather than speculative activity. Rental demand is supported by proximity to the University of Miami and major medical and corporate employers along the US-1 corridor. Past performance does not guarantee future results — consult your agent and financial advisor when evaluating any investment property.
How long does it take to buy a home in South Miami?
+
Homes in South Miami currently average 56 to 88 days on market. Some well-priced properties attract multiple offers and go under contract closer to 35 days. Once under contract, financed purchases close in 30 to 45 days and cash transactions in 14 to 21 days. Given the limited active inventory at any given time, buyers should set up automated MLS alerts with their agent and be prepared to act quickly on properties that meet their criteria.
What public schools serve South Miami FL?
+
South Miami is served by Miami-Dade County Public Schools. The area has access to a range of public, private, and charter school options. School assignments are determined by property address and are subject to change — always verify zoning directly with Miami-Dade County Public Schools before making a purchase decision. Proximity to the University of Miami in adjacent Coral Gables also makes South Miami a notable location for graduate students and academic professionals seeking to rent or purchase.
Does South Miami have HOAs?
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HOA membership varies significantly by property in South Miami. Many single-family homes in the city have no HOA. Condo and townhome buildings will have associations with monthly fees and governing documents. Some subdivisions carry deed restrictions without a formal HOA. Before making an offer, your InvesTeam Realty agent will confirm whether any HOA or deed restrictions apply, request all governing documents, and review financial statements and reserve fund status for any condo purchase.
What are the closing costs for buyers in South Miami?
+
Buyers in Miami-Dade County typically pay 2% to 5% of the purchase price in closing costs on a financed transaction. Key costs include doc stamps on the mortgage at $0.35 per $100 of loan, intangible tax at 0.20% of the loan amount, and owner's title insurance paid by the buyer in Miami-Dade County. Use our free Buyer Closing Costs Calculator on the InvesTeam Realty website to estimate your full cash to close. If you are purchasing from a foreign seller, FIRPTA withholding requirements may apply — consult your closing agent and a qualified tax advisor.
What is FIRPTA and does it apply to South Miami transactions?
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FIRPTA — the Foreign Investment in Real Property Tax Act — requires buyers to withhold up to 15% of the gross sales price when purchasing U.S. real estate from a foreign seller. As part of greater South Florida, international buyers and sellers are active across Miami-Dade County and FIRPTA applies to any qualifying transaction. Buyers have a legal obligation to withhold and remit these funds to the IRS at closing unless a valid exemption applies. Both buyers and sellers should consult a qualified tax advisor and real estate attorney before closing on any transaction involving a foreign seller.
Why choose InvesTeam Realty to buy or sell in South Miami?
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InvesTeam Realty has been active in the South Florida market for over 24 years with experience across the US-1 corridor including South Miami, Coral Gables, and Pinecrest. Broker-Owner Reinaldo Gonzalez holds 16 NAR professional designations and is directly involved in every transaction. We serve all buyers and sellers equally in full compliance with federal and Florida fair housing laws. Equal Housing Opportunity.
Ready to buy or sell in South Miami?
Talk to an InvesTeam Realty agent today. No pressure, no obligation.