Surfside Real Estate - monthly market report - May 2021

How is the Real Estate Surfside Market Doing?

There are currently 7 Surfside homes for sale (compared to 15 last month):

Highest priced listing: $5 Million – 3/2 waterfront fixer upper with 15,075 SF lot and 75′ of water frontage, located at 600 88th Street. Increased from $4 Million ($1,776/SF)
Lowest priced listing: $749,000 for 3/2 at 8919 Garland Ave
Pending Sales: 19 (homes with a sales contract that have not yet closed)
Closed Sales in May: 6(compared to 9 in April)
Median Sales Price in May: $885,000

For a list of all properties sold in May and Houses for Sale Surfside, please email us at Surfside@miamism.com

The average sold price per square foot in Surfside in May for homes not on the water was $518, compared to:

There were no waterfront homes sold in May in Surfside, the average sold price per square foot in previous months was:

9049 Carlyle Ave – 2 bedrooms / 1 bathroom, charming home in mint condition with 1,161 SF on 5,600 SF lot. Home was listed for $675,000 and closed in less than a month for $685,000 ($630/SF) **cash transaction
8926 Abbott Ave – 4 bedrooms / 3 bathrooms with 1,659 SF on 5,600 SF lot. Listed for $929,000 in September of 2020, decreased to $895,000 in December and sold for $885,000 ($593/SF) **cash transaction
9400 Abbott Ave – 3 bedrooms / 2 bathrooms with 2,074 SF on 11,760 SF lot. Originally listed for $1.2 Million in December of 2019, dropped and increased a few times to final $1.1 Million and sold for $1,000,000 ($518/SF)

We provide a comprehensive 3D market report with in-depth data from the last 12 months that you can download HERE.

Some key points you should know: