How much does a home cost in South Miami?

South Miami is mostly single-family homes, and the lot, the street and the age of the house set much of the price. Condos near the Metrorail, such as the one- and two-bedroom units at Valencia, are the most attainable way to own in the city, townhomes and original mid-century houses sit in the middle, and renovated homes on large lots and new construction carry the highest prices. The market table on this page shows the current median list and sold prices, updated daily from the MLS.

Can I walk to the Metrorail and downtown from South Miami?

From much of the city, yes. The South Miami Metrorail station sits on US-1 by Sunset Drive, with trains north to the University of Miami, Coconut Grove, Brickell and downtown Miami and south to Dadeland, and the shops and restaurants of downtown South Miami along Sunset Drive are a short walk away. Valencia and the condos and townhomes near US-1 are closest; from most single-family streets it is a short bike ride or drive.

Can I tear down a house and build a new home in South Miami?

Many buyers do. Much of the city was built in the late 1940s and 1950s, and some of those houses now sell for their land and are replaced or rebuilt. Before you buy a house for its lot, check the city's zoning and setbacks for that parcel, the survey, the trees on the lot, whose removal is subject to city review, the flood zone and whether the property is on septic or sewer, and ask whether any plans or permits transfer to you.

Which schools serve homes in South Miami?

Miami-Dade County Public Schools assigns students by address. South Miami listings on the MLS most often name Ludlam Elementary or South Miami K-8 Center, South Miami Middle and South Miami Senior High, and several private schools are a short drive away. Boundaries change and neighboring streets can be zoned differently, so we confirm the assigned schools for the exact address of any home before you make an offer.

What is my South Miami home worth?

Request a free valuation and we build it from recent closed sales inside the city that match your lot size, the age and condition of the house, sewer or septic, and features such as a pool, impact glass and roof age, rather than a ZIP-code median. If your house is likely to sell for its land, we price it against recent lot and rebuild sales too. For a listing decision we prepare a full comparative market analysis, and homeowners who need a fast sale can request a guaranteed cash offer.

South Miami, FL Real Estate & Homes for Sale

A small city in central Miami-Dade County beside Coral Gables and Pinecrest: tree-shaded streets of mid-century and new single-family homes, a walkable downtown on Sunset Drive, and condos a short walk from the South Miami Metrorail station.

South Miami Market at a Glance

Updated September 22, 2026 from BeachesMLS.

45homes & condos for sale
2new listings this week
19under contract
2waterfront listings
24luxury listings ($1,000,000+)
11sold in the last 30 days

	Single-family homes	Condos & townhomes
Active listings	27	18
Median list price	$1,845,000	$357,500
Median list price per sq ft	$858/sq ft	$429/sq ft
Average days on market	168 days	110 days
Sold in the last 90 days	16	6
Median sold price (90 days)	$1,391,500	$405,000
Sale price as % of list price	96%	98.8%
Months of inventory	5.1 months	9 months
Median sold price vs. a year ago	+17.4%	+11.7%

Source: BeachesMLS via the Spark API. Active listings as of September 22, 2026; sold figures cover closings in the last 90 days, compared with the same 90 days one year earlier. Not an appraisal. How these figures are calculated.

Living in South Miami

South Miami is a small city in central Miami-Dade County, called SoMi by many locals and known by its nickname, the City of Pleasant Living. The settlement was known as Larkins before it took the name South Miami in the 1920s. Coral Gables lies along its eastern side, Pinecrest to the south and unincorporated Miami-Dade to the west, and US-1 cuts through the city past the South Miami Metrorail station, with trains north to Coconut Grove, Brickell and downtown Miami and south to Dadeland. Downtown runs along Sunset Drive, with shops, restaurants and the Shops at Sunset Place, and South Miami Hospital and Larkin Community Hospital form a medical district a few blocks away. The University of Miami's Coral Gables campus is just across the city line, and the Palmetto Expressway is a short drive west.

Mid-Century Homes, Large Lots and Rebuilds

Most of South Miami is single-family streets under oaks and palms. Much of the housing dates from the late 1940s and 1950s, in plats such as Cocoplum Terrace, Twin Lakes Manor, Merion Park and Royal Palm Villas, with a few older cottages from before then, and lots commonly run from about 6,000 to more than 15,000 square feet. Houses range from original ranch and mid-century modern homes, many updated with impact windows, metal roofs and new kitchens, to new houses built where an older home came down. Many older homes in the city are still on septic tanks rather than sewer, so we check the septic system, the survey, the flood zone and the permit history before you offer, and for a house bought for its land we look at what the city's zoning allows and which trees on the lot would need city review.

Condos and Townhomes Near the Metrorail

South Miami has a short list of condominiums and townhomes, and most sit close to US-1, the Metrorail and the hospitals. Valencia, a mid-rise condominium completed in 2004 on SW 70th Street, is the largest: one- and two-bedroom units with garage parking, a courtyard pool and a fitness center, across from the Metrorail and beside the Larkin Community Hospital campus. Smaller and older choices include The Oaks at South Miami near Fuchs Park and townhome communities such as the Banyans of South Miami, which has its own tennis courts, and Lee Park. For buildings three stories and taller, Florida's milestone inspection and structural integrity reserve study apply, so ask for them with the budget, the reserves, any special assessment and the leasing rules before you compare prices.

Neighborhoods

South Miami is small enough that buyers search it street by street, and most listings name the original plat rather than a neighborhood. North of Sunset Drive, toward Miller Drive, Cocoplum Terrace, Twin Lakes Manor, Royal Palm Villas and Merion Park hold many of the city's larger mid-century lots, and SoMi Estates is a small gated enclave of newer homes. South of Sunset Drive, plats such as Larkins Pines, Oak Heights, Fairglade Park and West Larkin Park mix renovated older houses with new construction, and further south a few lots back onto the Snapper Creek Canal. Closer to Red Road, University Park and the streets nearest the University of Miami draw buyers who want to walk to campus. No single neighborhood has enough homes for sale to carry its own page, so the price, property-type and lifestyle pages below cut the whole city the way buyers search it, and we can pull the recent sales for any street you like.

Selling a Home in South Miami

A South Miami home is priced by its lot and its street as much as by the house. Two homes a few blocks apart can sell far apart because one is a renovated 1950s house with impact glass and a new roof, and the other is priced for its land and bought by a builder, or because one is on sewer and the other still on a septic tank. Your buyers are also looking in Coral Gables and Pinecrest, and the 33143 ZIP code is shared with parts of Coral Gables and unincorporated Miami-Dade, so we price from closed sales inside the city that match your lot size, the age and condition of the house and how close it is to Sunset Drive and the university. Start with a free valuation built on recent MLS sales, ask for a full comparative market analysis, or request a guaranteed cash offer if you need a fast, as-is sale.

Investing in South Miami

Investors in South Miami usually buy one of three things: a condo near the Metrorail to lease to University of Miami students and hospital staff, an older house on a good lot to renovate or replace, or one of the few duplexes near campus. Each has its own checks. A condo depends on the association's leasing rules, approval process and fees, and a unit near campus leases on the academic calendar. A rebuild depends on the city's zoning and permits, city review of the trees on the lot, the flood zone, septic or sewer, and the FEMA substantial-improvement rule, which requires an older home below flood elevation to be brought up to current standards once the work passes half its value. The South Miami rental pages show live rents, and the price-reduced page tracks sellers who have cut the price.

Around South Miami: Parks, Water and Everyday Places

A selection of the places OpenStreetMap shows inside South Miami's municipal boundary. The map is edited by volunteers and is not a complete list, so treat it as a starting point and see the area for yourself before you choose a home.

Parks and nature areas

Dante B Fassell Park
Palmer Park
Murray Park & Aquatic Center
Fuchs Park
Brewer Park
Marshall Williams Park
South Miami Park
All-America Park

Hospitals

Larkin Community Hospital
South Miami Hospital

Search South Miami by Lifestyle & Property Type

Condos

Homes

South Miami Real Estate by Price Range

South Miami Homes by ZIP Code

Selling in South Miami

South Miami Rentals

South Miami Real Estate FAQ

How much does a home cost in South Miami?: South Miami is mostly single-family homes, and the lot, the street and the age of the house set much of the price. Condos near the Metrorail, such as the one- and two-bedroom units at Valencia, are the most attainable way to own in the city, townhomes and original mid-century houses sit in the middle, and renovated homes on large lots and new construction carry the highest prices. The market table on this page shows the current median list and sold prices, updated daily from the MLS.
Is South Miami part of the City of Miami or Coral Gables?: No. South Miami is its own city, with its own city government and police department, separate from both the City of Miami and Coral Gables next door. Its ZIP code, 33143, is shared with parts of Coral Gables and unincorporated Miami-Dade, and many nearby homes carry a Miami mailing address without being inside any city, so check the municipality on the property tax record before you compare prices, taxes or permits.
Can I walk to the Metrorail and downtown from South Miami?: From much of the city, yes. The South Miami Metrorail station sits on US-1 by Sunset Drive, with trains north to the University of Miami, Coconut Grove, Brickell and downtown Miami and south to Dadeland, and the shops and restaurants of downtown South Miami along Sunset Drive are a short walk away. Valencia and the condos and townhomes near US-1 are closest; from most single-family streets it is a short bike ride or drive.
Can I tear down a house and build a new home in South Miami?: Many buyers do. Much of the city was built in the late 1940s and 1950s, and some of those houses now sell for their land and are replaced or rebuilt. Before you buy a house for its lot, check the city's zoning and setbacks for that parcel, the survey, the trees on the lot, whose removal is subject to city review, the flood zone and whether the property is on septic or sewer, and ask whether any plans or permits transfer to you.
Which schools serve homes in South Miami?: Miami-Dade County Public Schools assigns students by address. South Miami listings on the MLS most often name Ludlam Elementary or South Miami K-8 Center, South Miami Middle and South Miami Senior High, and several private schools are a short drive away. Boundaries change and neighboring streets can be zoned differently, so we confirm the assigned schools for the exact address of any home before you make an offer.
What is my South Miami home worth?: Request a free valuation and we build it from recent closed sales inside the city that match your lot size, the age and condition of the house, sewer or septic, and features such as a pool, impact glass and roof age, rather than a ZIP-code median. If your house is likely to sell for its land, we price it against recent lot and rebuild sales too. For a listing decision we prepare a full comparative market analysis, and homeowners who need a fast sale can request a guaranteed cash offer.