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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

$2,186,597

AVERAGE PRICE OF 545 HOMES

$5,441,804

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$8,317,367

AVERAGE PRICE OF 134 HOMES WITH A POOL

$5,474,252

AVERAGE PRICE OF 140 MULTI-MILLION DOLLAR HOMES

$4,875,571

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

$195,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $2,186,597
Avg Bedrooms 2.43 beds
Avg Bathrooms 2.47 baths

Average Price by Bedrooms

1 bedroom $503,468
2 bedrooms $872,173
3 bedrooms $2,027,980
4 bedrooms $4,464,444
5 bedrooms $7,526,833
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach Senior High School 33 $1,806,370 98 days
Washington; Brooker T 15 $635,491 96 days
Coral Gables Senior High School 8 $1,587,166 43 days
Alonzo And Tracy Mourning Sr. High 4 $3,493,625 51 days
South Miami Senior High School 3 $583,000 133 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 545 $2,186,597 136 days
Newly Built Homes 35 $5,441,804 144 days
Homes with a Pool 134 $8,317,367 118 days
Multi-Million Dollar Homes 140 $5,474,252 164 days
Reduced Price Homes 7 $4,875,571 334 days
Distressed Homes 1 $195,000 158 days
Julie's Realty LLC
1700 79th Street Causeway, Suite 160
North Bay Village, FL 33141
305-751-6400

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