MIAMI LUXHomes

South Miami Real Estate Guide

South Miami wraps a genuinely walkable downtown — Sunset Drive's shops and restaurants beside the Metrorail — with leafy single-family streets. The hospital district anchors demand, and the Gables and the Grove are each five minutes away.

South Miami Market Snapshot

These numbers come from sales and leases that actually closed in South Miamiduring the past year, not from asking prices, and they update as new closings are recorded.

125
Homes sold, last 12 months
$922K
Median sale price
$560
Median price per sqft
50 days
Median time on market
202
Leases signed, last 12 months
$2,625/mo
Median rent achieved
$3
Median rent per sqft
35 days
Median time to lease
Homes Sold per Month
14Oct5Nov10Dec13Jan8Feb11Mar12Apr15May12Jun6Jul7Aug12Sep
Median Sale Price per Month
$1.6M$659KOctNovDecJanFebMarAprMayJunJulAugSep
What Each Bedroom Count Sells For
BedroomsSalesMedian price
1 bd4$249,000
2 bd27$380,000
3 bd49$870,000
4 bd29$1,350,000
5+ bd16$4,712,500
Closed Sales by Home Type
TypeSalesMedian price
Single Family Residence86$1,337,500
Condominium31$376,000
Townhouse8$644,000
Month-by-Month Sale Prices
MonthHomes soldMedian price
Oct 202514$797,250
Nov 20255$1,125,000
Dec 202510$658,750
Jan 202613$1,550,000
Feb 20268$1,070,750
Mar 202611$1,200,000
Apr 202612$961,250
May 202615$800,000
Jun 202612$855,000
Jul 20266$1,637,500
Aug 20267$840,000
Sep 202612$802,500
Typical Rent by Bedroom Count
BedroomsLeasesMedian rent
Studio18$1,300/mo
1 bd60$1,930/mo
2 bd41$2,700/mo
3 bd49$4,650/mo
4 bd26$7,075/mo
5+ bd8$18,000/mo

Living in South Miami

South Miami is the City of Pleasant Living — a compact town of twelve thousand wrapped around one of the county's few genuine walkable downtowns: the Sunset Drive district, where a Metrorail station, a hospital campus and a low-rise main street of cafés and shops meet under old oaks. Squeezed between Coral Gables and Pinecrest, the city offers a rare combination — small-town scale with big-city transit, and a restaurant row locals from both richer neighbors treat as their own.

The city's fortunes ride its downtown's next act: the Sunset Place mall parcel's long-planned redevelopment will reshape the core, Baptist's South Miami Hospital anchors thousands of jobs, and the Underline's completed segments have turned the rail corridor into a linear park. Buyers get Gables-adjacent living — often literally across the street — at a persistent discount, with the trade-offs of a small tax base and block-by-block variety.

South Miami Neighborhoods & Housing Stock

North of Sunset, the streets toward the Gables line carry the premium: 1930s-50s homes under mature canopy, walkable to downtown and the rail. The Cocoplum Terrace and Davis-corridor sections offer the classic mid-century family stock, while south toward the hospital the grid mixes renovated ranches with townhome infill. Nearly everything is single-family scale; the small condo stock clusters near the station.

West of the highway, the city's more attainable sections — and the unincorporated pockets buyers often confuse for the city — carry entry-tier block homes that renovate well. Pricing runs on walk-to-what: the station, Sunset Drive and the elementary zone do the work. Investors like the duplex fringes; families like the arithmetic of Gables schools proximity without Gables taxes.

Location & Getting Around

South Miami's superpower is the rail: its Metrorail station puts Brickell twenty minutes away without touching US-1's traffic, and the Underline's path runs beneath the guideway. The Gables' Miracle Mile is five minutes north, Dadeland five south, and the hospital district means the city imports commuters daily. Sunset Drive itself — farmers markets, café tables, the fountain corner — is the kind of main street the county keeps trying to build elsewhere from scratch.

Buying a Home in South Miami

Buying in South Miami starts with understanding what drives its market: a walkable Sunset Drive downtown on the Metrorail. Benchmark the segment you're shopping with the bedroom and property-type tables above, then open the live map search to see everything currently available — every listing links straight to full photos, details and an inquiry line to a licensed Florida broker.

Financed purchases in South Florida typically close in 30–45 days, while cash can close in as little as two weeks. Condo purchases usually add an association-approval step, and properties near the water carry insurance considerations worth pricing before you offer — both are routine in South Miami transactions when planned early.

Renting in South Miami

Rentals move faster than sales — well-priced South Miami units are often signed within weeks, and most annual leases require first month, last month and a security deposit up front. The rent tables above show what tenants actually committed to by bedroom count over the last year; the live rental search shows every home and condo currently offered.

Featured Listings in South Miami

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Weekends in South Miami: Sights & Outings

The Sunset Drive downtown

The oak-shaded main street — cafés, boutiques and the city's civic life on one walkable spine.

The Underline (South Miami segment)

The rail-trail linear park connecting the city toward Brickell.

Fuchs Park & Dante Fascell Park

The city's neighborhood greens — Fascell's tennis is a south-Dade institution.

The Shops at Sunset Place

The landmark mall parcel awaiting its next-era redevelopment.

South Miami Hospital campus

Baptist's flagship community hospital — the city's economic anchor.

Matheson & Fairchild (adjacent)

The bayfront park and great garden ten minutes east.

Dining in South Miami

Deli Lane Café

The Sunset Drive sidewalk institution — the city's default brunch for decades.

Whisk Gourmet

The Southern-comfort kitchen with a county-wide following.

Fox's Sherron Inn

The 1946 red-leather lounge, revived — south Dade's most storied bar.

Town Kitchen & Bar

The downtown's polished new-American room.

The Sunset dining row

Sushi, tacos and wine bars filling the walkable core.

Khoury's & the Lebanese standbys

The Mediterranean counters locals swear by.

Schools in South Miami

Sunset Elementary
Public

The internationally famous magnet elementary — French, Spanish and German programs with county-wide demand.

South Miami K-8 & Middle Arts Magnet
Public

The arts-magnet middle anchoring the city's public pipeline.

South Miami Senior High
Public

The district high school on the city's edge.

Gulliver & Riviera Schools (adjacent)
Private

The Gables' independents, minutes away.

St. Thomas Episcopal Parish School
Private

The parish school fixture south of downtown.

School attendance boundaries change — always verify a specific address's assigned schools with Miami-Dade County Public Schools (or the relevant district) and confirm private-school admissions directly before relying on them in a purchase decision.

South Miami Real Estate FAQ

Is South Miami a good place to buy a home?

South Miami is known for a walkable Sunset Drive downtown on the Metrorail, and that identity anchors long-term demand. Judge the market by the numbers on this page — actual closed sales, the median sale price, and how long homes took to sell over the trailing twelve months.

What is the median home price in South Miami?

The market snapshot above shows the current 12-month median sale price for South Miami, along with price per square foot and medians broken out by bedroom count and property type — all computed from closed MLS sales, refreshed continuously rather than quoted from stale reports.

Should I buy a condo or a house in South Miami?

The property-type table above shows how South Miami sales split between condos, single-family homes and townhomes, and what each segment's median ran over the last year. Condos add monthly association dues and a board-approval step; houses carry their own insurance and maintenance. Every property type has its own live search page linked below.

How do I see every home for sale in South Miami?

Use the South Miami map search — every active MLS listing in the city, updated continuously, with the city boundary drawn on the map and filters for property type, bedrooms and price.

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