If you need assistance, please call 305-340-1857

Downtown Miami

Why you'd want to live in Downtown Miami

Downtown Miami is an urban city center, based around the Central Business District of Miami, Florida, United States. In addition to the central business district, the area also consists of the Brickell Financial District, Historic District, Government Center, Omni and Park West. The neighborhood is divided by the Miami River and is bordered by Midtown (Edgewater and Wynwood) to the north, Biscayne Bay to the east, Civic Center and Overtown to the west, and Coconut Grove to the south. Brickell Avenue and Biscayne Boulevard are the main north-south roads, and Flagler Street is the main east-west road. The neighborhood is defined by the Miami Downtown Development Authority (DDA) as the 3.8-square-mile (9.8 km2)-area east of Interstate 95 between the Rickenbacker Causeway to the south and Julia Tuttle Causeway to the north. Locally known as Downtown, the area is a cultural, financial, and commercial center of South Florida, tracing its present-day history back to the 19th century. In recent years, Downtown Miami has grown and physically expanded to become the fastest-growing area in Miami, with rapid increase in population and the greatest concentration of high-rises in the region. Greater Downtown is home to many major museums, parks, education centers, banks, company headquarters, courthouses, government offices, theaters, shops and many of the oldest buildings in the city. via Wikipedia

Dtown DowntownMiami Downtown Miami Miami 305 MiamiCondo Miamilife Miami Lifestyle

Downtown Miami Market Report

$1,417,362

AVERAGE PRICE OF 1,184 HOMES

$2,651,754

AVERAGE PRICE OF 127 NEWLY BUILT HOMES

$6,084,262

AVERAGE PRICE OF 265 HOMES WITH A POOL

$4,376,960

AVERAGE PRICE OF 194 MULTI-MILLION DOLLAR HOMES

$746,132

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

$351,634

AVERAGE PRICE OF 13 DISTRESSED HOMES

Average Home

Average Price $1,417,362
Avg Bedrooms 2.2 beds
Avg Bathrooms 2.25 baths

Average Price by Bedrooms

1 bedroom $383,105
2 bedrooms $609,405
3 bedrooms $1,519,406
4 bedrooms $3,790,733
5 bedrooms $5,929,507
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 43 $619,346 122 days
Miami Beach Senior High School 35 $2,268,254 181 days
Coral Gables Senior High School 23 $1,618,444 82 days
Miami Senior High School 18 $1,172,331 107 days
Coral Glades High School 11 $893,200 113 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,184 $1,417,362 159 days
Newly Built Homes 127 $2,651,754 165 days
Homes with a Pool 265 $6,084,262 111 days
Multi-Million Dollar Homes 194 $4,376,960 215 days
Reduced Price Homes 31 $746,132 160 days
Distressed Homes 13 $351,634 104 days
Julie's Realty LLC
Julie Sidorevskaya
1700 Kennedy Causeway #160
North Bay Village, FL 33141
305-340-1857

The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.