How much does a condo cost in Miami in 2026? Prices by neighborhood
Short answer: Across the 47 new developments verified in the Miami Apartamento comparison tool (October 2026), entry prices range from about $380K to $12.4M, and 25 of them start under $1 million. For resale condos, the Miami-Dade median sale price was $417K in September 2026.
How much does a pre-construction condo cost in Miami?
The entry price is the lowest unit price the developer publishes, usually a studio or one-bedroom on a lower floor. Larger units, higher floors and water views cost more. The table shows, by neighborhood, the lowest and highest entry price among the selling or under-construction developments verified in the comparison tool.
| Neighborhood | Developments | Lowest entry | Highest entry | Most accessible |
|---|---|---|---|---|
| Wynwood | 4 | $380K | $550K | WOMA Wynwood |
| Fort Lauderdale | 4 | $430K | $3M | Ombelle |
| North Miami | 2 | $450K | $900K | The William Residences |
| Brickell | 8 | $461K | $6.9M | Parkside Brickell |
| Miami Beach | 4 | $480K | $1.5M | Ella Miami Beach |
| Downtown Miami | 4 | $540K | $3.1M | JEM Private Residences |
| Edgewater | 5 | $550K | $5.8M | Edge House Miami |
| Aventura | 2 | $570K | $925K | LEV Aventura |
| Coral Gables | 5 | $635K | $3.1M | Seventeen Gables |
| Coconut Grove | 4 | $780K | $12.4M | Roble One |
| Midtown and Design District | 3 | $1.1M | $3.7M | Jean-Georges Miami Tropic Residences |
| Sunny Isles Beach | 2 | $4.4M | $5.8M | St. Regis Residences Sunny Isles |
Figures are in US dollars and were checked against dated public sources. They change with each sales phase; the developer's official price sheet is the final reference.
Which neighborhoods have the lowest entry prices?
The lowest entry prices are in Wynwood ($380K), Fort Lauderdale ($430K), North Miami ($450K), Brickell ($461K). These are mostly buildings with compact units and, in several cases, more flexible rental rules. In luxury areas such as Coconut Grove, Sunny Isles Beach and parts of Brickell, entry prices usually exceed $1 million.
What about a resale condo?
According to Miami Realtors, the median condo sale price in Miami-Dade was $417K in September 2026, with 12.3 months of supply, a market that favors buyers. The median includes older buildings, which can carry special assessments tied to the inspections and reserves Florida now requires. New construction costs more per square foot but starts under the current reserve rules.
What costs come on top of the price?
At delivery there is the developer fee and closing costs; after that, the monthly HOA fee, property tax and insurance. Costs beyond the price breaks down each item.
Frequently asked questions
Can you buy a condo in Miami for under $500,000?
Yes. Among the verified developments, 7 have entry prices under $500K, mostly studios and one-bedrooms. See the neighborhoods in the table above.
Do pre-construction prices go up during construction?
Many developers raise prices with each sales phase, but that is not a guarantee of appreciation. The price you pay is the one in your signed contract.
Are units sold furnished?
It depends on the project. Some developments sell furnished units; most deliver unfurnished. Each building page has the details.
Sources: Miami Realtors, Oct 16, 2026; entry prices from the Miami Apartamento comparison tool, with a source and date on each project page.
Want to compare prices across neighborhoods?
Lory Minici gathers the official price sheet for each project and compares the options with you.
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