Miami Beach City Center, the condo district around Lincoln Road, is effectively an all-condo market. The condo median sat near $805,000 at about $971 per square foot as of mid-2026. The sharp year-over-year drop reflects which units traded, not a collapse in value.
Miami Beach City Center is the dense condo district around Lincoln Road and the convention center. It is almost entirely apartments, so this page reports the condo market and leaves out the one or two single-family and townhouse closings that would only add noise.
In a condo district, unit size, line, and building drive price far more than any neighborhood median, so the per-square-foot figure is the honest gauge.
Miami Beach (City Center) Prices by Property Type
Use the toggle to switch between property types. Each one keeps its own median, price per square foot, and trend, so single-family homes and condos never distort each other.
Condos & co-ops in Miami Beach (City Center), based on about 51 sales over the trailing three months.
Miami Beach (City Center) Condos scoreboard
The condo median sat near $805,000 at about $971 per square foot on roughly 51 sales over the trailing three months. The median was down sharply year over year, but the high per-square-foot is the tell that the mix shifted toward smaller units this period rather than values falling by that much. Days on market ran long, consistent with a deep condo segment. For any specific unit I price by building, line, and square footage against recent comparable closings.
| Period (3-mo end) | Value |
|---|---|
| 2025-12 | $1,050,000 |
| 2026-01 | $1,070,000 |
| 2026-02 | $850,000 |
| 2026-03 | $702,500 |
| 2026-04 | $730,000 |
| 2026-05 | $805,000 |
| Segment | Months of supply | Market |
|---|---|---|
| Miami Beach (City Center) Condos | 8.0 | Buyer's market |
Rule of thumb: under 5 months of supply = seller's market, 5 to 7 = balanced, over 7 = buyer's market. Months of supply is derived from active inventory and the trailing 3-month sale pace.
| Period (3-mo end) | Value |
|---|---|
| 2025-12 | 214 |
| 2026-01 | 203 |
| 2026-02 | 150 |
| 2026-03 | 154 |
| 2026-04 | 168 |
| 2026-05 | 168 |
Miami Beach City Center is a condo market near $805K. The strong per-square-foot says values held while smaller units did the trading.
Gerardo Gonzalez, Licensed Real Estate Agent at Compass
Methodology and Sources
- Compiled by: LuxuryDade and Gerardo Gonzalez, Licensed Real Estate Agent at Compass. I assemble and refresh this neighborhood report myself.
- Why split by property type: a neighborhood that mixes single-family estates and condos produces a blended median that fits neither. Each property type is reported separately so its median stays clean.
- Geography: the Miami Beach (City Center) neighborhood as defined within the Miami metro area, filtered so same-name neighborhoods in other Florida metros are excluded.
- Window: figures are trailing three-month (rolling) medians, which is the right granularity at the neighborhood level where monthly sale counts are tiny.
- Months of supply: derived from active inventory divided by the trailing 3-month sale pace.
- Missing or thin values: any cell shown as "unavailable" was missing in the underlying data; property types with very few sales are flagged as small-sample and read as directional.
- Data reference: compiled with reference to Redfin (redfin.com/news/data-center). Aggregated market figures, split by property type, not MLS or proprietary brokerage data.
LuxuryDade and Gerardo Gonzalez. "Miami Beach City Center Condo Prices 2026." As of May 2026. https://luxurydade.com/reports/neighborhoods/miami-beach-city-center-home-prices-2026 (verified June 5, 2026).
Related Guides and Data
- South Florida Neighborhood Guides
- South Florida Housing Market Data (full dashboard)
- All South Florida neighborhood data
Frequently Asked Questions
