Apartments for sale in Miami to live in and invest
The most interesting apartments and a house on sale now, from a studio by the beach to an apartment with a view of Biscayne Bay, price per m² and yield by area, costs on top of the price and rules for foreign buyers.
By the Florida tax roll, a resale apartment in Miami cost $6,330 per m² in 2025, from $3,120 in Hialeah to $9,290 on Key Biscayne. A one-bedroom lets at 6.7% a year across the county before tax and HOA, 9.0% in Sunny Isles Beach. A beach studio in Miami Beach costs $140,000, and foreigners buy without permits.
Below are the most interesting offers on sale now, price per m² and rental yield by area, and all the costs on top of the price. A manager will find a property for your requirements.
The market in brief
Data for 2026.
What apartments are for sale in Miami
The most interesting apartments and a house from $140,000 to $499,000 in Miami Beach, Brickell, Edgewater and near Kendall, from a studio three minutes from the beach to an apartment right on the beach in Mid-Beach, a corner studio with a view of Biscayne Bay and a house with a large yard. A manager will find a property for your requirements and send the documents, floor plans and similar options in the chat.
A 38 m² studio three minutes from the beach in North Beach
$140,000
A 38 m² studio on the second floor of a small 1958 building on Harding Avenue: a bright room with views of the street and the city, a large walk-in closet that works as a study, and a bathroom. The beach, oceanfront parks, supermarkets and pharmacies are a three-minute walk away, it can be let straight away with no waiting period, and the HOA fee is $506 a month. A square metre here costs $3,710, 20% below the North Beach median of $4,630, and studios in the area rent for $1,540 a month on average, 8.9% a year after the fee.
A 39 m² one-bedroom in an Art Deco building three blocks from the beach
$205,000
A 39 m² one-bedroom apartment in a historic 1939 Art Deco building in Flamingo-Lummus: a living room, a bedroom and a bathroom, bright rooms with the original finishes. The courtyard is fenced, the building has a laundry, the beach, Ocean Drive, Lincoln Road and Flamingo Park are three blocks away, and the HOA fee is $540 a month. A square metre here costs $5,250, 17% below the South Beach median of $6,300, and one-bedroom apartments in the area rent for $1,800 a month on average, 7.4% a year after the fee.
A renovated 66 m² two-bedroom with a view of Brickell
$235,000
A fully renovated 66 m² corner apartment with two bedrooms on the third floor of a 1974 building in West Brickell: an open, light-filled layout, central air conditioning, a new kitchen with stainless steel appliances and a remodelled bathroom. The balcony looks onto Brickell and downtown Miami, Brickell, the Miami River, Little Havana and Coral Gables are a few minutes' drive away, every floor has a laundry, the apartment has an assigned parking space, and the HOA fee is $541 a month. A square metre here costs $3,580, 37% below the West Brickell and Little Havana median of $5,700, and two-bedroom apartments in the area rent for $2,030 a month on average, 7.6% a year after the fee.
A 56 m² one-bedroom on the beach with an ocean view in Mid-Beach
$319,000
A 56 m² one-bedroom apartment in a 1966 building right on the Mid-Beach beach and boardwalk, with an ocean view from its own balcony. The building has two heated pools, a gym, round-the-clock security, beach chairs and umbrellas, restaurants and a grocery store, it has recently passed its 50-year structural inspection, there are no special assessments, and the HOA fee is $440 a month. A square metre here costs $5,720, 3% below the Mid-Beach median of $5,890, and one-bedroom apartments in the area rent for $1,980 a month on average, 5.8% a year after the fee.
A 55 m² corner studio with a view of Biscayne Bay in Edgewater
$329,000
A 55 m² corner studio in a 2007 building in Edgewater, opposite Margaret Pace Park: an open layout, plenty of light, and views of Biscayne Bay and downtown Miami. The building has two pools, a gym, a sauna, a cinema room, valet parking, a concierge and round-the-clock security, Wynwood, Brickell and Miami Beach are a few minutes away, and the HOA fee is $535 a month. A square metre here costs $5,960, 9% below the Downtown and Edgewater median of $6,570, and studios in the area rent for $2,260 a month on average, 6.3% a year after the fee.
A 78 m² one-bedroom on the 20th floor on Brickell Key island
$359,000
A 78 m² apartment with a bedroom and one and a half bathrooms on the 20th floor of a 1982 building on Brickell Key island, bright, with beautiful views. The building has a pool and a gym, the apartment comes with a parking space and a storage room, a waterfront walking path runs around the island, Brickell's banks, restaurants and shops are a few minutes away, and the HOA fee is $1,116 a month. A square metre here costs $4,620, 32% below the Brickell median of $6,830, and one-bedroom apartments in the area rent for $3,010 a month on average, 6.3% a year after the fee.
A 119 m² three-bedroom house with a large yard near Kendall
$499,000
A single-storey 119 m² house built in 1960 on an 843 m² plot in Richmond Heights, next to Kendall: three bedrooms, one and a half bathrooms and an open layout. The floors are new, the main bathroom has just been renovated, the air conditioning is new, the house is ready to move into, and there is a large yard behind it. Schools and shops are nearby, the Florida Turnpike is a few minutes away, and three-bedroom houses here rent for $2,000 a month on average, 4.8% a year.
What a square metre costs in the areas of Miami
By the Florida tax roll, in 2025 a square metre of a resale apartment cost $6,330 in the City of Miami, $5,960 in Miami Beach and $4,000 across Miami-Dade County. It was most expensive on Key Biscayne, $9,290, in Coconut Grove, $8,630, and in Bal Harbour, Bay Harbor and Surfside, $7,060. In Brickell a square metre cost $6,830, in Downtown and Edgewater $6,570, in South Beach $6,300, in Coral Gables, Mid-Beach, West Brickell and Sunny Isles Beach from $5,670 to $5,910, and it was cheapest in North Beach, $4,630, in Aventura and Doral, $3,740 and $3,730, in Kendall, $3,330, and in Hialeah, $3,120. So we value an apartment by its area and building, not by the city.
In new buildings completed in 2024-2025, a square metre in 2025 sales cost $10,780 in the City of Miami and $19,650 in Miami Beach, and across all apartment sales in the City of Miami $7,820.
| Area | Per m², $ | 60 m² apartment, $ | Median sale, $ |
|---|---|---|---|
| Key Biscayne | $9,290 | $558,000 | $1,255,000 |
| Coconut Grove | $8,630 | $518,000 | $916,000 |
| Bal Harbour, Bay Harbor and Surfside | $7,060 | $424,000 | $928,000 |
| Brickell | $6,830 | $410,000 | $657,000 |
| Downtown and Edgewater | $6,570 | $394,000 | $595,000 |
| South Beach, Miami Beach | $6,300 | $378,000 | $430,000 |
| Coral Gables | $5,910 | $354,000 | $577,000 |
| Mid-Beach, Miami Beach | $5,890 | $353,000 | $580,000 |
| West Brickell and Little Havana | $5,700 | $342,000 | $550,000 |
| Sunny Isles Beach | $5,670 | $340,000 | $722,000 |
| North Beach, Miami Beach | $4,630 | $278,000 | $376,000 |
| Aventura | $3,740 | $224,000 | $460,000 |
| Doral | $3,730 | $224,000 | $483,000 |
| Kendall | $3,330 | $200,000 | $371,000 |
| Hialeah | $3,120 | $187,000 | $277,000 |
| City of Miami | $6,330 | $380,000 | $580,000 |
| City of Miami Beach | $5,960 | $358,000 | $476,000 |
| Miami-Dade County | $4,000 | $240,000 | $420,000 |
Data for 2025: medians of the price per m² of living area and of the sale price for market sales of condominium apartments from the 2026 Florida tax roll (Florida Department of Revenue), buildings completed before 2024. New buildings completed in 2024-2025 are counted separately. Areas are by city and ZIP code.
What rental yield an apartment in Miami brings
The gross long-term rental yield of a one-bedroom apartment across Miami-Dade County is 6.7% a year before tax and the HOA fee: such an apartment lets for $1,560 a month on average at a median price of $280,000. It is highest in Sunny Isles Beach, 9.0%, in Kendall, 8.8%, and in North Beach, 8.5%: one-bedroom apartments there sell from $240,000 to $250,000, while rent is close to South Beach. In Brickell the yield is 6.7%, in Downtown and Edgewater 7.0% and in South Beach 6.2%. It is lowest in Coconut Grove, 3.9%, and in West Brickell and Little Havana, 4.1%, where a one-bedroom apartment costs from $395,000 to $511,000. The HOA fee of the shortlisted apartments is $440-1,116 a month, and after it they bring 5.8-8.9% a year.
| Area | Rent of a one-bedroom apartment per month | Price of a 51-84 m² apartment | Yield per year |
|---|---|---|---|
| Sunny Isles Beach | $1,810 | $240,000 | 9.0% |
| Kendall | $1,770 | $240,000 | 8.8% |
| North Beach, Miami Beach | $1,770 | $250,000 | 8.5% |
| Coral Gables | $2,250 | $341,000 | 7.9% |
| Doral | $1,790 | $275,000 | 7.8% |
| Downtown and Edgewater | $2,450 | $418,000 | 7.0% |
| Hialeah | $1,310 | $228,000 | 6.9% |
| Mid-Beach, Miami Beach | $1,980 | $350,000 | 6.8% |
| Brickell | $2,580 | $465,000 | 6.7% |
| South Beach, Miami Beach | $1,800 | $350,000 | 6.2% |
| West Brickell and Little Havana | $1,340 | $395,000 | 4.1% |
| Coconut Grove | $1,680 | $511,000 | 3.9% |
| Miami-Dade County | $1,560 | $280,000 | 6.7% |
Data for 2020-2025: rent - the median monthly gross rent of a one-bedroom apartment including utilities by the 2020-2024 US census (American Community Survey, table B25031) for the area's ZIP codes, and for the county across the whole county; price - the median of 2025 market sales of apartments with 51-84 m² of living area from the Florida tax roll, buildings completed before 2024. Existing leases in the census are cheaper than new ones, so the yield is calculated conservatively. The yield is gross, before rental income tax, the HOA fee, property tax, insurance and vacancy. Areas where the census margin of error for rent is over 12% are not included in the table.
Apartments in Miami are rented all year round: company staff in Brickell and Downtown, families in Kendall, Doral and Coral Gables, students and hospital doctors. Daily and seasonal letting is not allowed everywhere: the City of Miami Beach restricts short-term letting in residential areas, and the building's association sets the minimum lease term and how many times a year an apartment can be let, so the building rules are read before the deposit. Lets of up to 6 months are subject to the 6% Florida sales tax and the county tourist taxes, so the yield in the table is calculated for long-term letting.
A non-resident's rental income is taxed in the USA at 30% of the gross rent or, at the owner's choice, at graduated rates on net income after expenses and depreciation. Florida has no state income tax. Rates and examples are on the page taxes in the USA.
What costs to add to the price of an apartment
The main tax on a purchase is the documentary stamp tax on the deed: in Miami-Dade County 0.6% of the price plus another 0.45% unless the property is a single-family house. For an apartment at $329,000 it is $3,460, and with title insurance at the state rate $5,180, 1.6% on top of the price. Who pays the documentary stamp tax is set in the contract.
| Payment | Apartment at $329,000 | Share of the price |
|---|---|---|
| Documentary stamp tax on the deed | $3,460 | 1.05% for an apartment, 0.6% for a single-family house |
| Title insurance at the Florida state rate | $1,720 | 0.6% |
| Deposit under the contract | part of the price, held in the title company's account | the inspection period is set in the contract |
| Total on top of the price if the buyer pays the documentary stamp tax | $5,180 | 1.6% |
| Property tax every year | at the county, city and school district rates | 18.315 mills in Miami, 17.063 mills in Miami Beach |
Data for 2026: the documentary stamp tax - the Florida Department of Revenue, the title insurance rate - the State of Florida, the 2025-26 property tax rates without special districts - the Florida Department of Revenue and the Miami-Dade school district; a mill is $1 of tax per $1,000 of assessed value. The owner pays the HOA fee, hurricane insurance for the apartment and the building, and the home inspection. A manager will calculate the costs for a specific property.
In Miami the association documents and the structural inspection are checked before the deposit
Mistakes cost more than the tax: the building's association has already approved a special assessment for repairs after the structural inspection, the reserve fund is underfunded, the building rules forbid letting in the first year of ownership or more than once a year, the apartment is in a flood zone with expensive insurance, the seller owes fees, there are open permits for works on the apartment. Murblz support removes these risks: we select the apartment, check the title, the association's documents and budget, the structural inspection and reserve study reports, the flood zone and the seller before the deposit, and handle the deal up to title recording together with local licensed partners.
The cost of support depends on the budget and the purpose of the purchase; a manager will calculate it in the chat.
Does buying an apartment give a residence permit
Buying a home does not give residence in the USA: investment routes are separate programmes, described on the pages US Gold Card and permanent residence in the USA. With a tourist visa the owner visits their apartment as a guest, for the stay the visa allows, and a manager will send homes for relocating on a work or investor visa to the chat.
There are no federal restrictions on foreign buyers. A 2023 Florida law applies to people domiciled in several countries named in the law who are not US citizens or green card holders: they cannot buy property within 10 miles (16 km) of military sites and critical infrastructure. The exception is one home on a plot of up to 2 acres (0.8 ha) more than 5 miles (8 km) from military sites with a non-tourist visa. A citizen of those countries who lives in another country buys on general terms, and the address is checked under this law before the deposit.
How we select an apartment
- Purpose and budget: life by the sea, letting, a home for the family or for children during their studies. The manager clarifies the area, the commute to work, schools and the beach, the type of building, the floor and the payment method.
- Shortlist: apartments and houses with the seller's price, the HOA fee, the building's letting rules and a yield estimate based on rents in the area.
- Checks: title and encumbrances, the association's documents and budget, the structural inspection report for buildings over 30 years old and the reserve study, the flood zone and the cost of insurance.
- The deal in person or remotely: a contract with the deposit held by a title company, inspections within the contract period, and closing with the title recorded in the county.
A manager will send a shortlist to the chat, with sellers' prices on the date of the shortlist.
Read also
- Investment property in the USA: what to buy in Florida and what it costs
- Houses and apartments for sale in Orlando to live in and invest
- Miami: city and relocation guide 2026
- Buying an apartment in the USA as a foreigner in 2026: taxes, process
- US taxes in 2026: a guide for immigrants
- Trump Gold Card in 2026: cost, requirements and how to apply
All countries and budgets compared - on the page Investment property abroad.
FAQ
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Don’t want to figure this out alone?
We handle the whole process end to end: we shortlist properties for your goal, run legal checks and support the deal through to registration. Ask your question in the chat: the free consultation starts right here. Legal representation before authorities and courts is handled by Murblz specialists together with locally licensed partners.
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