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    South Miami Real Estate - Neighborhood details, listings & statistics
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    South Miami Real Estate

    Neighborhood Location

    Neighborhood Description

    South Miami is centered around South Dixie Highway between South Red Rd and SW 75th Terrace. The city borders with High Pines and Ponce Davis in the East, and with Pinecrest in the South. In the North, South Miami reaches up all the way till SW 48th Street.

    The area of South Miami concentrates around the Shops at Sunset Place. Sunset Place is a cozy shopping center with many shops (Armani Exchange, Mayors Jewelers, Origins, Pottery Barn, Urban Outfitters, Banana Republic and Gap, as well as Barnes & Noble) and entertainment options like an AMC 24 movie theater. Many of the South Miami homes are within walking distance to South Miami’s many restaurants, bars and retail.

    Branded as the city of pleasant living, South Miami is a family friendly neighborhood and known to be one of Miami’s most desired residential areas. The city of South Miami is known for its natural beauty and the hundreds of mature oak trees along its streets, makes this a very charming location to raise a family

    The Attraction of South Miami Real Estate.

    The South Miami Fl. real estate market is dominated by single-family homes and attracts many families with (younger) kids. Read more below

    High Average Price Per SF
    Median Price Per SF
    Low Average Price Per SF

    Neighborhood News

    A Second Home in Miami, Should I Buy a Condo or a Home?
    A Second Home in Miami, Should I Buy a Condo or a Home?
    A Condo vs a Home as a Second Property in Miami The decision over a Miami home or a Miami condo as to which is better as a second home is very much a personal one and of course neighborhood dependent. Although there is no universal answer to this question, buyers might find the below questions extremely helpful in deciding which…

    Average $/SqFt

    • Available Sales$419/SqF
    • Available Rentals$2.18/SqFt
    • Closed Sales (In the past 6 months)$367/SqFt
    • Closed Rentals (In the past 6 months)$2.22/SqFt

    Inventory Percentages

    • Available Sales57.3%
    • Available Rentals42.7%
    • Months of Inventory sales12.5
    • Months of Inventory rentals9.6

    South Miami Florida Real Estate is very desired because of its proximity to the business centers and financial districts of Coral Gables and Brickell. Apart from this, South Miami is close to Pinecrest, the Ponce Davis/High Pines area and Coconut Grove. For families with children, South Miami is a preferred choice because it offers some great “A-Rated” public Schools in South Miami and it is close to some of the best private schools in Coral Gables, Pinecrest and Coconut Grove.

    Two major hospitals within the city and the nearby University of Miami provide employment and services to people throughout the county and beyond. Many professors, researchers, doctors and other medical employees therefore choose South Miami as their home.

    Real Estate in South Miami Fl

    Real estate in this area varies considerably and ranges from more dated and smaller homes to large and luxurious mansions. For this very reason, price ranges may vary considerably within the South Miami neighborhood. Furthermore, the part East of the South Dixie Highway provides for larger homes on larger lots, therefore making the Eastern part more exclusive than homes in the western part (West of the Dixie Highway).

    Like in the rest of Miami, South Miami has seen investors buy up the more dated homes to replace them with modern and luxurious properties.There is still a considerable amount of affordable homes available as well as homes that can be bought for their land value, which allows buyers with attractive possibilities to achieve great prices and to build the home of their dreams. Despite rising prices, South Miami homes are still more affordable than homes in nearby areas such as Coral Gables or Coconut Grove.

    The South Neighborhood blogs will provide you with different analytics and neighborhood information that is very useful for both people looking for South homes for sale as well as people who would like to sell their real estate in South Miami

     

    For more information on Real Estate in South Miami Florida please contact the David Siddons Group at +1.305.508.0899 or siddons.d@ewm.com

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