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What Are the Most Expensive Neighborhoods in Miami?

Miami is a city known for its beaches, its nightlife, and its high-end real estate. The city's most expensive neighborhoods are home to some of the most luxurious homes in the world.

The 10 Most Expensive Neighborhoods in Miami

Image of Miami Star Island, a private island in Miami Beach that is home to some of the most expensive homes in the city. The island is known for its beautiful beaches, its celebrity residents, and its luxury homes.
  • Star Island

    • Average home price: $30 million
    • Description: A private island in Miami Beach that is home to some of the most expensive homes in the city. Celebrities such as P. Diddy, Gloria Estefan, and Shaquille O’Neal have homes on the island.
 
  • Indian Creek Island

    • Average home price: $50 million
    • Description: Another private island in Miami Beach that is known for its exclusivity and its high property values. The island is home to just over 30 homes.
Image of Fisher Island, a barrier island in Miami that is home to some of the most expensive homes in the city. The island is known for its golf course, its luxury homes, and its proximity to downtown Miami.
 
  • Fisher Island
    • Average home price: $20 million
    • Description: A barrier island in Miami that is known for its luxury homes and its golf course. The island is home to just over 2,000 residents.
Image of Coral Gables, a city in Miami-Dade County that is known for its Mediterranean-style architecture and its upscale shopping district. The city is home to some of the most expensive homes in Miami.
 
  • Coral Gables

    • Average home price: $10 million
    • Description: A city in Miami-Dade County that is known for its Mediterranean-style architecture and its upscale shopping district. The city is home to some of the most expensive homes in Miami.
Image of South of Fifth, a neighborhood in Miami Beach that is known for its trendy bars, restaurants, and art galleries. The neighborhood is also home to some of the most expensive condos in Miami.
 
  • South of Fifth

    • Average home price: $3 million
    • Description: A neighborhood in Miami Beach that is known for its trendy bars, restaurants, and art galleries. The neighborhood is also home to some of the most expensive condos in Miami.
Image of Bay Point, a neighborhood in Miami Beach that is known for its waterfront homes and its proximity to downtown Miami. The neighborhood is home to some of the most expensive single-family homes in Miami.
 
  • Bay Point

    • Average home price: $5 million
    • Description: A neighborhood in Miami Beach that is known for its waterfront homes and its proximity to downtown Miami. The neighborhood is home to some of the most expensive single-family homes in Miami.
Image of Miami Golden Beach, a town in Miami-Dade County that is known for its affluence and its beautiful beaches. The town is home to some of the most expensive homes in the area.
 
  • Golden Beach

    • Average home price: $4 million
    • Description: A town in Miami-Dade County that is known for its affluence and its beautiful beaches. The town is home to some of the most expensive homes in the area.
Image of Pinecrest, a suburb of Miami that is known for its upscale shopping and dining. The suburb is also home to some of the most expensive homes in the area.
 
  • Pinecrest

    • Average home price: $3 million
    • Description: A suburb of Miami that is known for its upscale shopping and dining. The suburb is home to some of the most expensive homes in the area.
Image of Coconut Grove, a neighborhood in Miami that is known for its historic charm and its vibrant arts scene. The neighborhood is home to some of the most expensive homes in the area.
 
  • Coconut Grove

    • Average home price: $2 million
    • Description: A neighborhood in Miami that is known for its historic charm and its vibrant arts scene. The neighborhood is home to some of the most expensive homes in the area.
Image of Brickell, a neighborhood in Miami that is known for its high-rise condos and its proximity to downtown Miami. The neighborhood is home to some of the most expensive homes in the area.
  • Brickell
    • Average home price: $4 million
    • Description: A neighborhood in Miami that is known for its high-rise condos and its proximity to downtown Miami. The neighborhood is home to some of the most expensive condos in the area.
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