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33131

Why you'd want to live in 33131

Within Florida, Brickell is the hotspot, with the most new construction condos, and nearly tripling its population between 2000 and 2016. The boom shows no signs of stopping. According to the Miami Herald and Miami Downtown Development Authority's 2018 report, downtown is now home to 92,000 people, and this is projected to grow to more than 109,000 residents by 2021. Visitors are opting to stay here instead of the beach in greater numbers than ever too, thanks to hot new hotels like EAST, Miami, SLS Lux Brickell and W Miami. When the Mandarin Oriental, Miami opened in 2000, it was a pioneer on Brickell Key, the first luxury property in the neighborhood, but now its stately elegance is joined by chic vibes at EAST, Swire Hotels' first North American property. Paperless check-in, international cuisine and modern art installations appeal to a new generation of connected Millennial business travelers.

33131 Market Report

$1,024,269

AVERAGE PRICE OF 907 HOMES

$3,598,696

AVERAGE PRICE OF 52 NEWLY BUILT HOMES

$1,409,699

AVERAGE PRICE OF 62 HOMES WITH A POOL

$2,637,054

AVERAGE PRICE OF 214 MULTI-MILLION DOLLAR HOMES

$726,166

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

$451,612

AVERAGE PRICE OF 8 DISTRESSED HOMES

Average Home

Average Price $1,024,269
Avg Bedrooms 1.9 beds
Avg Bathrooms 2.09 baths

Average Price by Bedrooms

1 bedroom $443,321
2 bedrooms $797,720
3 bedrooms $1,581,096
4 bedrooms $4,796,033
5 bedrooms $8,960,560
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 60 $792,509 130 days
Miami Senior High School 8 $387,062 66 days
School For Adv Studies South 2 $9,342,500 107 days
Mast Academy 2 $794,000 37 days
South Miami Senior High School 2 $550,000 152 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 907 $1,024,269 156 days
Newly Built Homes 52 $3,598,696 236 days
Homes with a Pool 62 $1,409,699 165 days
Multi-Million Dollar Homes 214 $2,637,054 171 days
Reduced Price Homes 12 $726,166 54 days
Distressed Homes 8 $451,612 222 days
ONE Sotheby's International Realty
Adrian Burke
1000 Brickell Avenue Suite 500
Miami, FL 33131
305-397-4733

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.
All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
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