What Are the Most Expensive Neighborhoods in Miami?

Image of a map of Miami, Florida, showing the location of the most popular islands in the area. The islands include Star Island, Indian Creek Island, Fisher Island, Coral Gables, South of Fifth, Bay Point, Miami Golden Beach, Pinecrest, Coconut Grove, and Brickell.
The Most Popular Islands of 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

  • 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.
 
  • 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.
 
  • 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.
 
  • 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.
 
  • 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.
 
  • 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.
 
  • 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.
 
  • 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.
  • 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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