Sunny Isles Luxury Real Estate Insights — by Rita Japhet

Updated October 2026 Sunny Isles Beach recorded 27 condominium closings at $1 million and above in September 2026. Sold volume totaled $86,862,500 against $91,739,500 in list price, so sellers received 94.7% of list price by volume. Four of the 27 residences closed at or above asking. The average sale price was $3,217,130 and the median price per square foot was $1,155. The Ritz-Carlton Residences led by volume with four closings totaling $22,450,000. This report is by Rita Japhet, Broker Associate, eXp Realty, Sunny Isles Real Estate, and draws on Southeast Florida MLS (Matrix) data. How many condos closed in Sunny Isles Beach in September 2026, and at what prices? Sunny Isles Beach recorded 27 closings at $1 million and above, totaling $86,862,500 in sold volume against $91,739,500 in list price. The average sale price was $3,217,130. Median sold price per square foot was $1,155, within a range of $724 to $2,403. The highest closing was Muse residence LPH-1 at 17141 Collins Avenu...

Miami is more than a destination. It is an address. By Rita Japhet · Broker Associate · eXp Realty · eXp Luxury Realty For many international buyers, Miami once followed a familiar rhythm: winter on the ocean, Art Basel, the boat show, then a flight home. A residence here was a place to return to each season. Today, the conversation reaches beyond the seasonal stay. What the visitor numbers show Greater Miami and Miami Beach welcomed 28.3 million visitors in 2025, according to the Greater Miami Convention & Visitors Bureau. That speaks to the city’s international appeal. But visitor numbers tell only part of the story. From seasonal stay to primary address Today the interest is how a residence fits into a client’s life: a winter retreat, a year-round base, or a primary address. When buyers consider living here throughout the year, their priorities become more exacting. Views matter, but so do the building’s management, financial condition, servi...

By Rita Japhet · Broker Associate · eXp Realty · eXp Luxury Realty Wynwood’s next chapter is taking shape around a significant investment in education and innovation. Ken Griffin’s approximately $1.1 billion acquisition of about 30 acres from Mana Common will form part of the planned Carnegie Mellon University Miami campus. For those following Miami real estate, this is a development worth understanding beyond the headline. A university campus with a substantial planned presence Griffin’s $3 billion gift to Carnegie Mellon includes $2 billion to establish its Miami campus, with the remaining $1 billion supporting the university’s Pittsburgh campus. Planned for Wynwood, the Miami campus is ultimately expected to support more than 3,500 undergraduate and graduate students, nearly 300 faculty and more than 600 staff members. The first students are expected to enroll in 2028, subject to appropriate regulatory approvals. These figures describe the university’s planned future scale, rat...