Neighborhood · Miami, Florida
Downtown
High-rise living at the center of it all
950
Homes for sale
$650,000
Median list price
$1,004
Avg price / sqft
99
Median days on market
Downtown Miami is a vertical neighborhood where glass towers meet Biscayne Bay, and daily life happens on foot — offices, restaurants, and the waterfront within a few blocks. The energy carries into adjacent districts like Brickell and Edgewater, giving buyers a range of moods from finance-district polish to bayfront calm. Most of what sells here is condo living, and with 395 of the current listings on the water, the views are a big part of the appeal.
For a buyer today, the market is deep and negotiable: there are 950 active listings and the median list price sits at $650,000, though the range runs from $199,000 studios to $75 million penthouses. Homes take a median of 99 days to sell and sellers are getting about 94% of asking, so there's room to work a deal. With 227 new-construction listings and 260 priced above $1M, you can browse the full spread among Miami homes for sale or scan the live map to see where the value is.
Downtown is a community in Miami, Florida.
Quick facts
$199,000 – $75M price range
923 sqft median home
$916/mo median HOA
$3,800/mo median rent
441 sold in 12 months
On the market now
Homes for sale in Downtown
View all 950 →
$6,700,000
1000 Biscayne Blvd # 3701, Miami FL 33132, MIAMI
4 bd · 5.5 ba · 4,600 sqft
$3,499,000
851 NE 1st Ave # 4912, Miami FL 33132, MIAMI
4 bd · 5 ba · 3,312 sqft
$1,990,000
300 Biscayne Blvd Way # 4309, Miami FL 33131, MIAMI
2 bd · 2.5 ba
$1,699,000
300 Biscayne Boulevard Way # 3009W, Miami FL 33131, MIAMI
2 bd · 2.5 ba · 1,437 sqft
$1,420,000
20 NE 11 # 2410, Miami FL 33132, MIAMI
2 bd · 2 ba · 977 sqft
$1,350,000
159 NE 6th St # 3916, Miami FL 33132, MIAMI
3 bd · 2.5 ba · 1,230 sqft
$1,225,000
159 NE 6th St # 2415, Miami FL 33132, MIAMI
3 bd · 2.5 ba · 1,246 sqft
$1,200,000
200 Biscayne Boulevard Way # 5110, Miami FL 33131, MIAMI
2 bd · 2.5 ba · 1,237 sqft
$1,139,000
398 NE 5th St # 4719, Miami FL 33132, MIAMI
1 bd · 1 ba · 626 sqft
$1,095,000
851 NE 1st Ave # 3403, Miami FL 33132, MIAMI
2 bd · 3 ba · 1,560 sqft
$1,050,000
851 NE 1st Ave # 3308, Miami FL 33132, MIAMI
2 bd · 3 ba · 1,498 sqft
$945,900
851 NE 1st Ave # 1208, Miami FL 33132, MIAMI
2 bd · 3 ba · 1,491 sqft
Every active listing inside the Downtown boundary
Open full map search →Find your fit
Browse Downtown
By feature — on the live map
Where the market lives
The numbers that matter
The Downtown market
441
Sold, last 12 months
$540,000
Median sold price
94%
Sale-to-list ratio
What sellers actually get vs asking
82 days
Median time to sell
Downtown vs Miami
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▲ 2.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Downtown boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Downtown is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Downtown home
≈ $5,275/mo
$650,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$916/mo
Median HOA
From current listings inside the boundary
$3,800/mo
Median rent
Homes for rent inside the boundary
Population
24,316
Median age
38
Median income
$108,427
Median home value
$557,583
Beyond the listings
Living in Downtown
Lifestyles
Top 4% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Relationships
Top 5% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Entertainment
Top 5% in the U.S.Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Culture
Top 18% in the U.S.Hip Hop Culture
Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.
Culture
Top 22% in the U.S.Artistic Appreciation
Galleries, city murals, and skillful latte art gets this population excited. They're always on the lookout for creative expression.
Straight answers
Downtown FAQs
Is Downtown Miami a good place to live?+
It suits people who want to live at the center of the action — walkable to work, dining, and the bay. The neighborhood connects easily to Brickell and other districts, and with 395 waterfront listings currently active, water views are a realistic option rather than a splurge. It's built for condo life more than single-family living.
Is it expensive to buy here?+
It's a premium market: the median list price is $650,000 and the average price per square foot is about $1,004. That said, the range is wide, starting around $199,000, so entry points exist alongside the 260 listings priced above $1M.
What do homes cost in Downtown?+
The median list price is $650,000 and the median home size is a compact 923 square feet, reflecting the condo-heavy inventory. Over the last 12 months, 441 homes sold at a median price of $540,000. You can compare active options across Miami homes for sale to see how price tracks with size and view.
How is the market right now?+
There are 950 active listings and homes are taking a median of 99 days to sell, so buyers aren't rushed. Sellers are getting about 94% of asking on average, which leaves genuine room to negotiate. With 227 new-construction listings in the mix, there's steady supply.
What about HOA fees and property taxes?+
Because this is a high-rise market, HOA dues matter — the median is about $916 per month, covering building amenities and services. The median property tax runs about $8,692 per year, and for reference the median rent is $3,800 per month if you're weighing buying against renting.
Keep exploring
More Miami neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Downtown homes, in your inbox
A daily digest of new Miami listings — straight from the MLS. Unsubscribe anytime.