Market Report The Goihman Group March 3, 2025
Miami Luxury Real Estate Market Report – February 2025
The luxury real estate market in Miami remains red hot, with high-value properties continuing to sell in some of the most sought-after locations. This month's market report covers Aventura, Sunny Isles Beach, Bal Harbour, Surfside, and Golden Beach, offering exclusive insights for buyers, sellers, and investors looking to make their next move.
Pending Sales: 3
Active Listings: 5
Average List Price: $5.2M
Average Price per Sq. Ft.: $1,109
Top Pending Sale: Bella Mare #2604 – Listed at $5.2M (4,221 Sq. Ft. | $1,231/SF)
Aventura is proving to be a competitive luxury market with limited inventory but solid pricing. Buyers seeking value and waterfront living should take note!
Pending Sales: 8
Active Listings: 20
Average List Price: $7.2M
Average Price per Sq. Ft.: $1,850
Top Sale of the Month: Jade Signature #1901 – Sold for $5.685M (2,980 Sq. Ft. | $1,907/SF)
With its stunning ocean views, resort-style amenities, and high-rise exclusivity, Sunny Isles Beach continues to be a magnet for ultra-high-net-worth individuals.
Pending Sales: 3
Active Listings: 6
Average List Price: $10.6M
Average Price per Sq. Ft.: $2,572
Top Sale of the Month: Oceana #504-5N – Sold for $6.025M (2,971 Sq. Ft. | $2,027/SF)
Bal Harbour maintains its reputation as a top-tier luxury destination, where buyers are willing to pay a premium for exclusivity and waterfront lifestyle.
Pending Sales: 2
Active Listings: 7
Average List Price: $10.8M
Average Price per Sq. Ft.: $3,054
Top Sale of the Month: Fendi Château – Sold for $10.6M (3,378 Sq. Ft. | $3,137/SF)
With the highest price per square foot in the area, Surfside is setting new records and solidifying itself as a premier luxury hotspot for elite buyers.
Pending Sales: 0
Active Listings: 2
Average List Price: $7.4M
Average Price per Sq. Ft.: $1,588
Top Sale of the Month: 675 Golden Beach Dr. – Sold for $6.62M (5,686 Sq. Ft. | $1,164/SF)
Golden Beach remains an ultra-private sanctuary for those seeking large estate homes, beachfront properties, and the utmost exclusivity.
✅ Luxury buyers are spending BIG on premium oceanfront locations, with Surfside and Bal Harbour leading in price per square foot.
✅ Aventura and Sunny Isles Beach offer high-end living at relatively more accessible price points, making them attractive for investors and second-home buyers.
✅ Inventory remains tight across Miami's top luxury neighborhoods, making now an opportune time for sellers to cash in on high demand.
Miami's ultra-luxury real estate market is hotter than ever, and whether you're looking to buy, sell, or invest, having the right expert by your side makes all the difference.
📞 Call Richard Goihman at (305) 206-2560 for exclusive insights and luxury property guidance.
Stay tuned for next month’s market update, where we continue to track Miami’s hottest real estate trends!
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