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Lisselot Ovalles
786-899-3707

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

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Downtown Miami Market Report

$1,395,549

AVERAGE PRICE OF 1,075 HOMES

$2,644,250

AVERAGE PRICE OF 121 NEWLY BUILT HOMES

$6,206,065

AVERAGE PRICE OF 242 HOMES WITH A POOL

$4,596,288

AVERAGE PRICE OF 162 MULTI-MILLION DOLLAR HOMES

$752,562

AVERAGE PRICE OF 19 REDUCED PRICE HOMES

$294,325

AVERAGE PRICE OF 8 DISTRESSED HOMES

Average Home

Average Price $1,395,549
Avg Bedrooms 2.23 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $365,843
2 bedrooms $632,025
3 bedrooms $1,522,160
4 bedrooms $3,414,245
5 bedrooms $5,607,249
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach Senior High School 39 $2,810,023 168 days
Washington; Brooker T 38 $703,362 121 days
Coral Gables Senior High School 27 $1,359,047 96 days
Miami Senior High School 16 $1,141,801 149 days
Coral Glades High School 8 $391,000 130 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,075 $1,395,549 153 days
Newly Built Homes 121 $2,644,250 164 days
Homes with a Pool 242 $6,206,065 106 days
Multi-Million Dollar Homes 162 $4,596,288 227 days
Reduced Price Homes 19 $752,562 165 days
Distressed Homes 8 $294,325 203 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.