Elite Rank Realty

South Beach

South Beach Residential and Commercial Real Estate

MiamiBeachCity_sealWelcome to one of the most popular tourist destinations and vacation getaways on Earth, South Beach. South Beach, also nicknamed SoBe, is a neighborhood in the city of Miami Beach, Florida. South Beach is an international destination known for it’s historic Art Deco buildings, celebrity sightings, amazing beaches and a legendary late-night club scene. But maybe you want to make South Beach your next home or the next home for your business.

South Beach townhouses are currently the most popular property options in the area as well as South Beach condos. But perhaps you are looking for something different such as South Beach homes for rent, then we will help connect you with your ideal property.

Also a popular option is South Beach homes for sale, which boasts impressively lavish houses and properties. An average South Beach luxury home is sold for $6.3 million in 2015. Latest South Beach real estate cycles were fueled by out-of-town investors — who purchased condo units with the intention of leasing out the properties to tenants. Tenants in South Beach paid on a median monthly basis about 13 cents more in 2013 and 22 cents more in 2012 than in Greater Downtown Miami, according to the stats.

In February of 2016, Miami residential properties registered $812.5 million in total sales in February as single-family homes and condominiums posted major price gains, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and Multiple Listing Service (MLS) system.
The South Beach commercial real estate market has also been heavily impacted by the boom of tourism and investors. More and more businesses, including shops and luxury outlets, have been setting up shop in the area, combining with already stout restaurant, bar and nightlife market to form a unique yet highly desirable culture of life. The South Beach section of Miami Beach is a major entertainment destination with hundreds of nightclubs, restaurants, boutiques and hotels.
If you’re interested in South Beach real estate then you need a solid South Florida real estate agent by your side. Luxury properties, commercial properties and residential properties all need extensive time and attention, especially in South Beach where properties go quickly due to the high level of demand.
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