1,911 active Miami price drops out of 5,380 listings scanned · last scan. Average cut −7.5% · deepest −63.9% · $469.31M in total reductions.
Largest Miami price drops (last scan Nov 12, 2:00 AM ET)
- 5766 SW 41st St, Miami, FL 33155 — 5BR · villa · Kendall: $3.46M → $1.25M (−63.9%)
- 84 NW 47th St, Miami, FL 33127 — 4BR · villa · Wynwood: $2M → $910K (−54.5%)
- 159 NE 6th St, Miami, FL 33132 — 2BR · villa · Downtown Miami: $1.56M → $875K (−43.9%)
- 8761 SW 56th St, Miami, FL 33165 — 4BR · villa · Miami: $3.8M → $2.3M (−39.5%)
- 1301 Flamingo Way, Miami Beach, FL 33139 — 5BR · villa · Miami Beach: $4.9M → $2.99M (−38.8%)
- 2431 SW 4th St, Miami, FL 33135 — 5BR · villa · Shenandoah: $1.9M → $1.17M (−38.2%)
- 175 SE 25th Rd #803, Miami, FL 33129 — 2BR · apartment · The Roads: $3.5M → $2.18M (−37.7%)
- 2951 SW 139TH Avenue, Miami, FL 33175 — 5BR · villa · Miami: $2.19M → $1.49M (−31.8%)
- 337 NW 48th St, Miami, FL 33127 — land · Wynwood: $1.59M → $1.1M (−31.2%)
- 500 Brickell Ave APT 3901, Miami, FL 33131 — 3BR · apartment · Brickell: $1.59M → $1.1M (−30.8%)
Miami price drops by neighborhood
Every Miami neighborhood we track, grouped by where it sits. The number is how many listings in that neighborhood have a price cut right now; a neighborhood with none says "no active price drops".
Miami Beach and the barrier islands
Oceanfront condos and island homes from South Pointe to Sunny Isles.
- Miami Beach price drops270 listed with a cut
- South Beach price drops2 listed with a cut
- Mid-Beach price dropsno active price drops
- North Beach price dropsno active price drops
- Surfside price drops16 listed with a cut
- Bal Harbour price drops33 listed with a cut
- Sunny Isles Beach price drops207 listed with a cut
- Key Biscayne price drops60 listed with a cut
- Fisher Island price dropsno active price drops
Brickell, Downtown and the urban core
High-rise condos and the neighborhoods around them.
- Brickell price drops210 listed with a cut
- Downtown Miami price drops128 listed with a cut
- Edgewater price dropsno active price drops
- Wynwood price drops52 listed with a cut
- Design District price dropsno active price drops
- Upper East Side price drops80 listed with a cut
- Little Haiti price drops1 listed with a cut
- Little Havana price drops18 listed with a cut
- Overtown price drops2 listed with a cut
- Allapattah price drops7 listed with a cut
- The Roads price drops117 listed with a cut
- Coconut Grove price drops95 listed with a cut
Coral Gables and South Miami-Dade
Established single-family neighborhoods and the suburbs to the south and west.
- Coral Gables price drops97 listed with a cut
- Shenandoah price drops24 listed with a cut
- South Miami price drops28 listed with a cut
- Pinecrest price drops61 listed with a cut
- Palmetto Bay price drops4 listed with a cut
- Kendall price drops61 listed with a cut
- Westchester price drops3 listed with a cut
- Doral price dropsno active price drops
- Homestead price drops6 listed with a cut
Aventura and North Miami-Dade
Towers along the water and mainland neighborhoods to the north.
- Aventura price drops128 listed with a cut
- North Miami Beach price drops21 listed with a cut
- North Miami price dropsno active price drops
- Miami Shores price drops27 listed with a cut
About Miami price drops
Browse by surface: Miami luxury rentals with price drops, Miami market data, top buildings by price activity, or Miami price drop index.
Miami luxury price drops by neighborhood — the highest-activity surfaces include Miami Beach (the iconic waterfront), Brickell (the financial-district high-rises), Coconut Grove, Coral Gables, Sunny Isles Beach, Key Biscayne, Edgewater, Downtown Miami, Design District, and Wynwood.
Where the discounts come from. Miami luxury distress concentrates in post-2022 condo completions (supply absorption period), tax-migration churn (some 2020-2022 northeast migrants moving back or to Tampa/Austin), and a softer 2024-2026 cycle after the 2020-2022 boom. Most cuts in the feed are single-digit percentages; double-digit cuts are rarer, and a 20%+ cut is an outlier worth checking for a pricing error or real distress. Florida's no-state-income-tax advantage continues to drive HNW interest — see is Miami a good real estate investment for the deeper analysis. Condo buyers should underwrite insurance and assessments separately — Miami condo insurance, SIRS, and HOA assessments — a listing-side cut does not net out a special assessment or the Save Our Homes tax reset. Learn the read on a listing-side cut (was → now → %, DOM, repeat cuts; asking is not sold) in How to read a luxury price drop.
Luxury Price Drops is a real-time property price tracker covering UAE, US, Spain, Portugal, and Italy markets — follow @panicsellingxyz for real-time alerts.
Nearby markets: Pompano Beach price drops (Broward County, up the coast from Miami): condos for sale and market data.
Frequently asked questions
What is Miami luxury real estate?
Miami luxury real estate covers premium properties for sale including villas, penthouses, apartments, and townhouses. Luxury Price Drops monitors every listing daily and surfaces price reductions.
How many Miami property price drops are tracked?
We track every sale price reduction across Miami, updated daily. Filter by drop depth, bedrooms, property type, and price range to find the discounts that match your criteria.
Why do Miami sellers drop prices?
Sellers reduce prices for many reasons — relocation, motivated cash needs, end-of-year tax planning, or competitive repricing. In luxury markets, a price drop often signals a window for buyers to acquire premium property below the original ask.
Is Luxury Price Drops a Miami real estate agency?
No. Luxury Price Drops is an independent analytics platform — not a brokerage or agency. We publish public-listing market data so investors and buyers can spot opportunities. We don't list, sell, or represent properties.
How often is the Miami data updated?
Listings are scanned daily. New price drops appear after the next scan, within about 24 hours. Totals refresh after each scan.
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All Miami areas (A–Z)
- Allapattah
- Aventura
- Bal Harbour
- Brickell
- Coconut Grove
- Coral Gables
- Design District
- Doral
- Downtown Miami
- Edgewater
- Fisher Island
- Homestead
- Kendall
- Key Biscayne
- Little Haiti
- Little Havana
- Miami Beach
- Miami Shores
- Mid-Beach
- North Beach
- North Miami
- North Miami Beach
- Overtown
- Palmetto Bay
- Pinecrest
- Shenandoah
- South Beach
- South Miami
- Sunny Isles Beach
- Surfside
- The Roads
- Upper East Side
- Westchester
- Wynwood
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