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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

Dtown DowntownMiami Downtown Miami Miami 305 MiamiCondo Miamilife Miami Lifestyle

Downtown Miami Market Report

$2,540,017

AVERAGE PRICE OF 725 HOMES

$4,626,562

AVERAGE PRICE OF 47 NEWLY BUILT HOMES

$9,645,223

AVERAGE PRICE OF 205 HOMES WITH A POOL

$5,427,038

AVERAGE PRICE OF 180 MULTI-MILLION DOLLAR HOMES

$788,215

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

$236,100

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $2,540,017
Avg Bedrooms 2.3 beds
Avg Bathrooms 2.26 baths

Average Price by Bedrooms

1 bedroom $538,002
2 bedrooms $1,048,938
3 bedrooms $2,154,018
4 bedrooms $5,864,812
5 bedrooms $5,925,566
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 30 $1,032,588 66 days
Miami Beach Senior High School 19 $1,074,125 141 days
Coral Gables Senior High School 13 $19,939,624 61 days
Miami Senior High School 7 $1,479,250 68 days
Alonzo And Tracy Mourning Sr. High 4 $2,672,000 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 725 $2,540,017 92 days
Newly Built Homes 47 $4,626,562 130 days
Homes with a Pool 205 $9,645,223 100 days
Multi-Million Dollar Homes 180 $5,427,038 116 days
Reduced Price Homes 14 $788,215 53 days
Distressed Homes 1 $236,100 2 days
Julie's Realty LLC
1700 79th Street Causeway, Suite 160
North Bay Village, FL 33141
305-751-6400

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