128 homes sold in South Beach in the last year, at a typical $1.1M
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where South Beach homes are listed.
Every place South Beach homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to South Beach.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of South Beach’s sales are condos, at $1.1M less than a house
70 houses and 29 condos sold in the year to May 2026. Houses sell faster.
typical sale · 70 sold in 12 months
- Per square foot
- $617FL $245
- Days to sell
- 145
- Sold over asking
- 3%
- Listings with a price cut
- 18%
typical sale · 29 sold in 12 months
- Per square foot
- $405FL $262
- Days to sell
- 164
- Sold over asking
- 0%
- Listings with a price cut
- 16%
Townhouses: 29 sold, typical $767K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
128 sales in the last year, against 196 in 2021 and a low of 101 in 2022. The typical sale went from $583K in 2016 to $1.1M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $1.2M buys in South Beach
Check a listing against what South Beach homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in South Beach are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of South Beach’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 128 sales.
If you’re buying in South Beach
- Shop in February. It brings about 20 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
- Some room to negotiate. 16% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 93.1% of the list price on average; 3% paid over.
- You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 136 days.
Winter brings both the most homes and the most bidding wars
January has the most new listings (about 25 a month), and the most competition: 13% close over asking. September has the least competition (3%) but only about 10 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Florida
| South Beach now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 3% | 3% | 22% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 17% | 7% | 39% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 16% | 16% | 10% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 93.1% | 93.7% | 98% | 96.3% |
| Days to sellMedian days from listing to contract | 136 | 182 | 73 | 76 |
79 homes for sale on a typical day
That’s 2.4 times the 2022 low (33), 26% fewer than in 2017–19 and well under 2013’s 121.
1 in 6 listings has cut its price
16% in the last year, against 16% in 2017–19 and 28% across Florida.
Since 2019, houses are up 203%, condos 97%
A house typically sold for $1.9M in the last year (70 sales), a condo for $800K (29).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
South Beach ranks 476th of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. South Beach is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical South Beach home costs about $6,585 a month
Price: South Beach’s typical sale, last 12 months. Property tax at South Beach’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether South Beach is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in January
The month with the most choice. July has the fewest, about 10.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $1.1M home, about $8,090 a year.
Taxes vs. neighborsSchools
The schools grade for South Beach, from test results, graduation and how much students grow.
Schools in South BeachTypical commute
The average one-way trip to work for people who live in South Beach.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Florida Ridge, Lakewood Park, Vero Beach South, Vero Beach, Fort Pierce North and Gifford sell for less a square foot
The busier markets within 25 miles of South Beach, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Vero Beach South | 594 | $355K | $206 | 9% | 80 |
| Vero Beach | 471 | $403K | $276 | 7% | 114 |
| Florida Ridge | 455 | $268K | $193 | 8% | 90 |
| Lakewood Park | 198 | $298K | $196 | 14% | 87 |
| South Beach | 128 | $1.1M | $467 | 3% | 136 |
| Fort Pierce North | 36 | $232K | $190 | 19% | 137 |
| Gifford | 31 | $333K | $201 | 10% | 127 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to South Beach, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to South Beach. People who follow the town see it, and so do people comparing South Beach with their own town. No commission, no listing fee.
Questions about buying a home in South Beach
What do homes sell for in South Beach, FL?
128 homes sold in the year to May 2026 at a typical $1.1M, $467 a square foot. Houses sold for about $1.9M, condos for about $800K.
Is South Beach a buyer’s or seller’s market?
A seller’s market: 50 homes were for sale in May 2026 and 17 sold, about 2.9 months of supply. Buyers paid 93.1% of asking on average, and 16% of listings cut their price.
When is the best time to buy in South Beach?
January brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in South Beach?
About 0.7% of a home’s value a year. On a $1.1M home that’s near $8,090.
Where can I see homes for sale in South Beach?
Zillow, Redfin, Realtor.com and Homes.com all carry South Beach’s MLS listings; the search links above open each one filtered to South Beach.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).