South Miami

Miami, FL

Neighborhood Market Analysis

Q3 2025 Report
$1,100,000 (June 2025)
Median Home Price
65–75 (walkable downtown, car-dependent in residential pockets)
Walkability Score
Above average; public schools generally rated B+/A-; strong private options
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by SW 62nd Ave (east), US-1 (south), SW 80th St (north), and Red Rd/SW 57th Ave (west). Includes the City of South Miami and adjacent residential pockets.

Zip Codes

3314333155

Market Data Summary

Price Range$800,000 – $2,500,000+ for single-family homes; condos/townhomes start in the $500,000s
Price per Sq Ft$596 (June 2025)
Inventory LevelsInventory up 16.3% YoY (Miami-Dade); more sellers than buyers (3:1 ratio in Miami metro)[1][2].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomesCondos

Architectural Styles

Mediterranean RevivalRanchContemporaryModern

Property Details

Typical Lot Sizes6,000 – 15,000 sq ft for single-family homes; larger estate lots available
Home Age Range1940s–2020s (mix of historic and new construction)
Construction QualityGenerally high; mix of renovated older homes and new luxury builds

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of families, professionals, and students (proximity to University of Miami). Median age mid-30s to early 40s. High educational attainment.

Community Vibe

Suburban-urban blend; tree-lined streets, active civic life, and a walkable downtown core.

Typical Residents

  • Families
  • Young professionals
  • University staff/students
  • Retirees

Family Friendly

Very family-friendly; parks, good schools, and quiet residential streets.

Amenities & Lifestyle

Parks & Recreation

  • South Miami Park
  • Fuchs Park
  • Dante Fascell Park

Dining Options

  • Whisk Gourmet
  • Casa Cuba
  • Deli Lane
  • Town Kitchen & Bar

Shopping Centers

  • Shops at Sunset Place
  • South Miami Plaza

Local Businesses

  • Shops at Sunset Place
  • Local boutiques
  • Health/fitness studios

Education & Schools

Above average; public schools generally rated B+/A-; strong private options
Overall School Rating

Elementary Schools

  • South Miami Elementary
  • Ludlam Elementary

Middle Schools

  • South Miami Middle School

High Schools

  • South Miami Senior High

Private Schools

  • Epiphany Catholic School
  • Gulliver Prep (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • Miami Metrorail (South Miami Station)
  • Metrobus

Major Roads

  • US-1 (South Dixie Hwy)
  • Red Road (SW 57th Ave)
  • Sunset Drive (SW 72nd St)

Commute & Walkability

Commute Times15–25 minutes to Downtown Miami; 10–15 minutes to Coral Gables; 20–30 minutes to Miami International Airport
WalkabilityGood in downtown core; moderate elsewhere
ParkingGenerally good; some congestion near downtown and Metrorail

Marketing Intelligence

Target Buyer Types

  • Move-up families
  • University-affiliated buyers
  • Medical professionals
  • Investors

Key Selling Points

  • Walkable downtown
  • Access to top schools
  • Proximity to University of Miami and hospitals
  • Stable, established community

Pricing Considerations

Price competitively; expect negotiations below list price. Highlight recent upgrades and lot size.

Common Objections & Response Strategies

Objection: Homes selling below asking price; concern about further price drops

Response Strategy:

Emphasize long-term value, location, and recent price stabilization. Highlight buyer leverage and ability to negotiate favorable terms.

Objection: Flood risk and high insurance costs

Response Strategy:

Provide up-to-date flood zone and mitigation info; connect buyers with insurance specialists and highlight elevated/renovated homes.

Objection: Older homes may need updates

Response Strategy:

Showcase renovated properties and discuss renovation loan options; highlight quality of construction and lot size advantages.

Investment Insights

Investment Potential

Appreciation Potential

Moderate; market cooling but long-term fundamentals strong due to location and amenities[1][2][3].

Rental Demand

Consistently high, especially for homes near University of Miami and Metrorail

Buyer Competition

Low to moderate; buyers have more leverage in 2025 market

Best For

  • Families seeking good schools
  • Investors targeting stable rental income
  • Professionals wanting access to urban amenities

Potential Concerns

  • Rising insurance costs
  • Flood risk
  • Price softening in near term

Professional Recommendations

1

Educate buyers on market shift and negotiation opportunities

2

Highlight unique community amenities and walkability

3

Prepare for longer listing times; set seller expectations on pricing

4

Leverage professional staging and high-quality marketing materials

5

Stay updated on local flood/insurance regulations and communicate proactively

Competitive Analysis

Comparable Markets

  • Coral Gables
  • Pinecrest
  • Coconut Grove

Market Positioning

Upscale, family-friendly, walkable alternative to higher-priced Coral Gables and Pinecrest

Competitive Advantages

  • Lower price point than Coral Gables/Pinecrest
  • Walkable downtown core
  • Proximity to UM and hospitals

Price Comparison

Median price lower than Coral Gables ($1.5M+) and Pinecrest ($2M+), but higher than Westchester or Kendall

Investment Metrics

3.5%–4.5% for single-family rentals; up to 5% for condos/townhomes
Cap Rates
4%–5% gross yield typical for well-located homes
Rental Yields
22–26 (reflects premium for ownership)
Price-to-Rent
Positive for long-term rentals, especially near UM; short-term cash flow may be limited by high entry prices
Cash Flow
Flat to slightly negative in 2025, but positive over 3–5 years as market stabilizes
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to high prices; best suited for dual-income households or those with family support

Move-Up Buyers

Strong appeal for families upgrading from condos/townhomes; more selection and negotiating power in 2025

Downsizers

Attractive for those seeking walkability and low-maintenance living; condos/townhomes available

Investors

Good rental demand, especially for student/professional housing; focus on proximity to transit and UM

Relocators

Appealing for those seeking suburban-urban blend and access to top schools/healthcare

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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