Surfside Housing Market Report for October 2013

Surfside Real Estate Market Report

**Surfside Home For Sale – see below for property sale information**

There are currently  29  Surfside homes for sale:

• Highest priced listing: $4,850,000 for a waterfront estate at 1249 Biscaya Dr
• Lowest priced listing: $379,900 for a foreclosure at 8834 Abbott Av
• Pending Sales: 4
• Closed sales in October: 0

Surfside real estate has come a long way and the evidence is in the lowest priced home being above the $300,000 range.  There have been 35 Surfside homes sold this year with the average price per square foot coming in at $276.  This can be compared to last year’s sales – There were 54 Surfside homes sold in 2012 with an average price per square foot of $232.  That’s 18% appreciation in less than 1 year.  For those of you considering Surfside as your home or investment purchase keep in mind that not only is Surfside a small community with great infrastructure (downtown area, community amenities, police department, etc)….but the location is superb!!  Right on the Ocean, south of Bal Harbor and just minutes from inland Miami.

To sell or buy your Surfside home, please contact us at Surfside@miamism.com

**919 92 St– Mid-century modern on the water for sale in Surfside.  Overlooking private Indian Creek, with 3,500 sq.ft. of living space, 3 bedrooms, 3 bathrooms and 2 half-baths.  On a 10,355 sq.ft. lot.  Has been on the market since April of 2013.  Priced at $2,750,000.