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    What Does $2M Buy You In Miami? 2 Million Dollar Homes in 7 Different Miami Areas

    July 9, 2019

    What Does $2M Buy You in Miami and its Different Neighborhoods?

    This blog is for people who would like to relocate to Miami or already live in Miami, but don’t know the real estate market in each area. Within Miami we compare the different areas if you were to buy with a $2M budget. First we show you the lowest, the average and the highest sales price per SF for each of the 7 neighborhoods (for properties in the $1,750,000 till $2,250,000 range) in the last 6 months and we follow with examples of properties that closed with a sales price of approximately $2M.

    What Does $2M Buy You In Miami?
    The Average, Lowest and Highest Sales Prices per Sf for $2M Homes in Miami

    What Does $2M Buy You In Miami? 2 Million Dollar Homes in 7 Different Miami Areas

    Data are taken over properties that sold between $1,750,000 and $2,250,000 in the last 6 months (January – July 2019)
    Ponce Davis / High Pines data was taken over the last 12 months due to lack of data in the last 6 months

    What Does $2M buy you in Key Biscayne?

    792 Ridgewood Rd, Key Biscayne

    4 Bedrooms | 4 Bathrooms | 2.625 SF | 7.656 SF Lot
    Sales Price: $1,920,000 | $731 per SF
    Listing Price: $2,190,000 | $834 per SF

    Realtor’s description: Absolutely charming and beautiful home, which has been completely remodeled with great finishes and ready for the new buyer to move in. This home is open, bright and has tons of natural light throughout. The magnificent open floor plan offers 4 bedrooms, 4 full bathrooms, great size kitchen, ample living room and dining room area, family room, beautiful pool and patio for those who like to entertain and it is located on a wonderful and quiet street.

    What Does $2M buy you in Coral Gables?

    6815 Brighton Pl, Coral Gables

    5 Bedrooms | 5.5 Bathrooms | 4,037 SF | 10,001 SF Lot
    Sales Price: $1,950,000 | $483 per SF
    Listing Price: $1,999,000 | $495 per SF

    Realtor’s description: PRICED TO SELL!!! Elegant Mediterranean home featuring 5 bedrooms, 5 and a half bathrooms, formal living, dining and family rooms, high ceilings, travertine marble floors and high hat lighting throughout, fireplace, remodeled kitchen with high end appliances, master bedroom with his and hers walk in closets. Beautiful pool and patio area with travertine deck, separate guest house, laundry room and a 2 car garage. Move in, designer decorated home in sought after Coral Gables/South Coconut Grove. Great for entertaining.

    What Does $2M buy you in Miami Beach?

    5768 Pinetree Dr, Miami Beach

    5 Bedrooms | 7.5 Bathrooms | 5,109 SF | 7,750 SF Lot
    Sales Price: $2,100,000 | $411 per SF
    Listing Price: $2,250,000 | $440 per SF

    Realtor’s description: Flawless recently renovated from the ground up. Mediterranean home offers brand new chef’s kitchen with top of the line appliances. Grand master suite w/sitting area & wet bar, master bath with steam rm, his & her walk-in closets. Solid mahogany hurricane impact custom doors and windows throughout. Glass tile surface pool w/hot tub & 4swim jets. Mosquito misting system, speakers and security cameras throughout. Guest house, gym w/steam room, roof top teak deck w/speakers, Lush landscaping with laser lighting.

    What Does $2M buy you in Coconut Grove?

    4160 El Prado Blvd, Coconut Grove

    5 Bedrooms | 4.5 Bathrooms | 4,306 SF | 8,450 SF Lot
    Sales Price: $2,070,000 | $502 per SF
    Listing Price: $2,249,000 | $545 per SF

    Realtor’s description: Super Fabulous Gated South Grove Home. Brick Paver Courtyard. Mahogany Entry Doors to Grand Living w/ Vaulted Ceilings & Gracious Dining. Saturnia Marble 24X24 Downstairs. Iron Staircase w/ Wood Floors upstairs. Open Family Room with Entertaining Kitchen, Granite Counter & Stainless Appliances. 1st Floor Guest/Play Room & Bath. Sensational & Inviting Pool Area with Gazebo Dining & BBQ, Lounge area with Artificial Grass & Lush Landscaping. Upstairs Grand Master Suite w/ Onyx Spa Bath, 2 Designer Closets, Separate Shower & Jacuzzi with Tree-top Terrace, 3 bedrooms/2 bathrooms upstairs. Impact Windows & Doors. Great Home on a Great Street in a Great Neighborhood with Great Schools. 

    What Does $2M buy you in High Pines?

    5111 SW 77th St, High Pines

    5 Bedrooms | 4.5 Bathrooms | 3,927 SF | 11,900 SF Lot
    Sales Price: $2,000,000 | $587 per SF
    Listing Price: $2,299,000 | $675 per SF

    Realtor’s description: Family friendly modern contemporary style and open floor plan highlight this spectacular residence in the highly sought after neighborhood of High Pines. Built in 2013, this oversized lot home with 2500 SF bonus alley has an open floor plan, High ceilings, great natural light along with a heated pool powered by gas. 5 Bedrooms, 4.5 bath with marble floors and wood floor bedrooms. A chef’s dream kitchen SS Appliances & Granite counter tops,Custom cabinetry. Covered terrace with fans opens up to spectacular pool and extra large yard. Surround sound system, Security cameras, alarm system, Impact Doors & Windows, Plantation Shutters. 2 A/C units, Laundry Room, Walk in custom closets and 2 car garage. Generator to power the house and electric gate at entrance.

    What Does $2M buy you in Pinecrest?

    9911 SW 57th Pl, Pinecrest

    5 Bedrooms | 4.5 Bathrooms | 5,226 SF | 20,020 SF Lot
    Sales Price: $2,075,000 | $445 per SF
    Listing Price: $2,095,000 | $449 per SF

    Realtor’s description: Stunning Northeast Pinecrest home in exclusive Red Oaks gated community. Magnificent family home updated with exquisite taste. Superb floor plan, high ceilings and impact windows & doors. Updated kitchen w/quartz countertops & superb appliances. All newer wood floors & updated bathrooms. Ample master bedroom w/sitting area and beautiful built-ins. Exquisitely renovated master bathroom. His & hers closets. The oversized heated pool, beautifully landscaped backyard & wraparound covered terrace is perfect for entertaining. It is a very private home that sits in a quiet cul-de-sac of only 5 residences. Very special place with top private & public schools located nearby. Walk to Wayside Market! 

    What Does $2M buy you in South Miami?

    6130 SW 80th St, South Miami

    6 Bedrooms | 6.5 Bathrooms | 5,163 SF | 13,753 SF Lot
    Sales Price: $2,050,000 | $397 per SF
    Listing Price: $2,150,000 | $416 per SF

    Realtor’s description: New construction never lived in! Another stunning home developed by The Calta Group with Italian Design and Craftsmanship, comfort and open spaces. Everything is at your fingertips, including a chef’s dream kitchen with Quartz counter tops, XL kitchen island, Sub Zero 48″ refrigerator, Wolf 48″ gas range, custom cabinetry, and a wine cooler for the connoisseur. But this dream house has so much more! You’ll have closet envy once you see our built-out-walk-in closets in all of its 6 bedrooms. Electric car charging ports in garage, pre-wired security cameras, Nest thermostat, 3 high-efficiency A/C units by Trane, laundry room and so much more.

    Contact the David Siddons Group for more information regarding Miami Homes for sale and the different Miami neighborhoods

    David Siddons | David@siddonsgroup.com | +1.305.508.0899 

    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 influential real estate reports and forecasts.

     David Siddons
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    THE 2018 MIAMI REAL ESTATE REPORT

    EX-STOCKBROCKER’S ANALYSIS OF THE MIAMI MARKET

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