Miami Real Estate Blog | Market Notes

Miami Luxury Home Values: The Three Numbers That Actually Matter

Evaluating Miami luxury home values requires looking past superficial metrics and examining three variables: what the structure contributes, what the land is worth, and how quickly comparable properties are selling. Planning a move or evaluating your property’s position? Explore how we can work together. Why $1,400 per Square Foot Doesn’t Tell the Whole Story Two

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Open Bay vs. Canal: How Miami Waterfront Property Values Are Really Determined

A few weeks ago, I analyzed what Miami waterfront lots are actually worth, but I left one key question unanswered: Is open bay frontage really worth the premium over a wide, deep-water canal? The short answer is yes, sometimes. However, the view alone doesn’t tell the full story. Understanding how features like water depth, dockage,

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Coconut Grove Home Values: What the Median Doesn’t Tell You

Relying on a single metric like median price to estimate Coconut Grove home values is one of the most common mistakes local homeowners make. In late August 2026, two houses sold in Coconut Grove four days apart. One closed at $1,161 per square foot. The other closed at $1,673. Same neighborhood. Same zoning. Same week.

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Unlocking Miami Land Values: Should You Value the House or the Land?

Unlocking Miami Land Values: Should You Value the House or the Land? In March 2025, a buyer paid $17 million for a house on North Bay Road. Built in 1933, it had just under 6,900 square feet of living space on 20,100 square feet of land, with 240 feet of bay frontage. His agent then

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Miami Condo Association Reserves: Why Two Identical Units Are Worth Different Money

I pass two condo buildings on the same stretch of Brickell Avenue most weeks. Same era, roughly the same height, the same water out the same side. If you walked both lobbies you would probably prefer the one with the fresher paint. But that’s the building where I’d proceed with extra caution. The units inside

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What Are Miami Waterfront Lots Actually Worth?

In August 2026, a house on Hibiscus Island sold for $51.5 million. The number itself is impressive, but what caught my attention was what it beat. The previous record on Palm and Hibiscus Islands was roughly $40 million, and that sale involved a larger residence on a larger lot. Yet this property sold for over

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