What are the Best Waterfront Communities in Miami in 2023?

The Best Miami Waterfront Communities

There is always a very high demand for Miami waterfront homes in Miami waterfront communities. The ultra-luxury segment of the Miami real estate market flourishes like no other. As tax migrants and business continues to move to Miami, the demand for ultra-luxury properties remains high and good quality product sells very fast. For those that are new to Miami and are looking for the best Miami waterfront homes we selected some of the best waterfront neighborhoods in Miami. Below we have detailed the best waterfront communities in Miami and provided links to the properties for sale in these waterfront areas.

The Best Waterfront Communities in Miami

Want to get specific and focus on just the best Miami waterfront communities and Islands around and close to Miami Beach? Please read our most recent report on the subject from Sept 2023. CLICK HERE TO READ. Below we get into more specific details on these neighborhoods. As always, if your a buyer looking for a home in a waterfront gated community, please call me at: 305 508 0899 or shoot me an email: David@siddonsgroup.com

The Best Waterfront Communities in Miami

Venetian Islands

The Venetian Islands consist of 6 man-made islands in the Biscayne Bay between Midtown/Edgewater and Miami Beach. The islands are connected by the Venetian Causeway, which is a private toll way between Miami’s mainland and the Beach. The Venetian Islands are desired by buyers for the many waterfront lots. In recent years investors snatched up empty lots or tear down properties to construct brand new contemporary mansions, which is desired by today’s buyers. In 2020 the Venetian Islands were one of the top neighborhoods for luxury buyers. Without a doubt one of the best Miami waterfront communities.

Gables Estates

Gables Estates is the one of Coral Gables’ most exclusive gated communities which is located along the Biscayne Bay. Almost all of the homes in Gables Estates are located on a waterfront lot and if they are not located on the open ocean they are located on a canal with a short distance to the open ocean (no bridges). In 2020 Gables Estates was one of the top neighborhoods for luxury buyers of $10M+ homes. Please note that Gables Estates is one of the few waterfront neighborhoods in Miami that offers homes on bayfront lots with unobstructed views over the open bay. Gables Estates offers homes on very large lots making it extremely private. This exclusive community is by far one of the best Miami waterfront neighborhoods.

Cocoplum and Tahiti Beach

Cocoplum is one of the Gables’ most desired and largest gated communities located on the Biscayne Bay with many canals leading to the open bay. Cocoplum offers around 302 exclusive homes of which many are located on waterfront lots. The waterfront homes in Cocoplum are all located on a canal, some of which enjoy “no bridges” and direct access to the open ocean. Tahiti Beach, is a gated community with 28 mansions with a connection through Cocoplum. 18 of the homes in Tahiti Beach are located on a bayfront lot, the rest are dry lot. Both communities are prestigious, offer 24-hour security and amenities such as a clubhouse, a fitness facility, tennis courts, a playground, a yacht club and beautifully landscaped parkways and common areas. Tahiti Beach however should not be confused as part of Cocoplum as it offers very large lots and a whole other level of privacy and security.

Key Biscayne

Key Biscayne is an upscale barrier island in the Biscayne Bay known for its great school district, parks, public beaches and of course its many waterfront homes. Key Biscayne is one of the few places in Miami were you can buy oceanfront homes without anything obstructing your views. Although the island also offers waterfront homes on inlets or canals, a great share of these homes is located on the open water.

North Bay Road

North Bay Road is a prestigious street in Miami Beach stretching from 20th street all the way up till W 63rd street. This street is very desired because of the many waterfront homes. Many of these waterefront lots are quite large with 20,000+SF and just like on the Venetian Islands, investors have bought many of the dated homes or empty lots and constructed luxurious and contemporary Miami mansions.

Some might argue the southern part of North Bay Road (Closer to 20th Street) is better as it is closer to Sunset Harbour with better views, while others prefer the northern part with the larger lots above 41st Street.

Hibiscus Island, Star Island and Palm Island

This exclusive island trio is located in the Biscayne Bay between Downtown Miami and the Beach along the McArthur Causeway. The homes are known to be owned by the international jetset and celebrities. Homes on the islands are large and located on large lots. The most exclusive island is Star Island, which only offers waterfront lots.

Bay Point

Bay Point Residences belong to Miami’s most exclusive homes for sale. Bay Point is an affluent gated community in the Upper Eastside, known for its exclusivity and waterfront mansions. There are approximately 250 homes in Bay Point, which are 24/7 protected by private security. Although Bay Point has many homes on dry lots there are many homes on the canal, lake and on the bay.  The most exclusive Bay Point residences can be found along Sabal Palm Road, which is the road along the bay offering homes with direct access and views over the Biscayne Bay.

Indian Creek Island

Indian Creek island is a 250 acre private island with only 40 residences around an 18 hole Golf Course which belongs to the best in the nation. Known for its extremely large waterfront homes, Indian Creek belongs to Miami’s most exclusive communities and is often referred to as “Billionaire Bunker”, topping Zillow’s list of most expensive streets in the USA with an average home value of $21.48 million. The extremely safe community enjoys maximum security by means of police controls via boat, jeep and Jet Ski 24 hours a day. In the last 5 years (2015-2020) only 2 homes sold and these homes hardly ever get listed. One of the best Waterfront Communities in Miami, but definitely the most difficult to find a listing.

Sunset Islands

The Sunset Islands are a group of 4 islands located in the Biscayne Bay just north of the Venetian Islands. The island group is one of Miami’s most desired residential areas as the 24/7 guard gated community offers superb real estate on an excellent location.  The Sunset Islands are definitely not to be overlooked when looking for the best waterfront neighborhoods in Miami.

La Gorce Island

La Gorce Island is a guard gated Island community in the Biscayne Beach. The tropical and lush island offers various styles of homes, which are located on large lots. Some of the homes are located on waterfront lots while most of the homes are located on an interior lot. Many of the waterfront lots come with a boat dock. Like other island communities, homes for sale on La Gorce Island are desired because of their exclusivity, privacy and the tranquility that comes with island living. Besides the waterfront location, La Gorce Island is also close to other main areas of Miami and therefore desired with buyers.

Schedule a Meeting with David (Via Zoom or in Person)