What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF

Miami Homes for Sale | The Prices per SF in Miami’s Different Neighborhoods

Buyers often have a certain budget and a wish for at certain minimum amount of SF. With that information they would like to know what kind of home they can afford in the different Miami neighborhoods. 

Therefore we provide you with this simple overview of average prices per SF for different price ranges in different Miami neighborhoods. Lets say you have a $2M budget for a 4,000 SF home, then you can afford a home of $500 per SF which is generally found in areas such as Pinecrest, Palmetto Bay, South Miami, High Pines and Ponce Davis. In case you want to be in the Grove or Gables you will either need to settle for a smaller home, or a lesser finished home.

Please note that these are average prices per SF and that no distinction has been made between waterfront and non-waterfront properties. Please call us at +1.305.508.0899 for a more detailed research into what you can afford with your budget in the different Miami neighborhoods

Different Miami Neighborhoods and their home prices

The $1M – $2M Market

Please compare below what you can expect to pay per SF in the different areas and how much SF you can buy with an certain budget in this price range

What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF
What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF

The $2M – $3M Market

Please compare below what you can expect to pay per SF in the different areas and how much SF you can buy with an certain budget in this price range

What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF
What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF

The $3M – $5M Market

Please compare below what you can expect to pay per SF in the different areas and how much SF you can buy with an certain budget in this price range

What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF
What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF

This French Provincial home in Ponce Davis recently sold for $3,637,500 or $594 per SF.  The 6,423 SF (Adj) home offers 6 bedrooms

The $8M+ Market

Please compare below what you can expect to pay per SF in the different areas and how much SF you can buy with an certain budget in this price range

What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF
What Miami Homes For Sale Can You Afford? Comparing the Different Miami Neighborhoods in Price per SF

Please Contact the David Siddons Group for a more in-depth analysis of the different Miami neighborhoods and its real estate prices. 

David Siddons | 305.508.0899 | david@siddonsgroup.com
Douglas Elliman Real Estate

David Siddons is a top producing Miami realtor with nearly $100M in yearly sales. He is known as a market analyst and he is the author behind some of Miami’s most read and most influential real estate reports and forecasts

FAQ

These are the most commonly asked Google Real Estate Related questions

1. What are the Current Best New Condos in Miami?

If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023

2. What is the best New Construction Condo in Fort Lauderdale?

In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.

3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami? 

Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!

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