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Miami land values by neighborhood

What development sites are selling for per square foot of land, by neighborhood and zoning. Built from Miami-Dade deed records since mid-2024 and from reported land sales. Updated September 2026.

Many older buildings in Miami sit on land zoned for far more than what is there today. When the land is worth more than the income the building produces, the likely buyer is a developer, and the price follows the land.

AreaHighest-zoned land, $ per SF
BrickellCity of Miami$650 – $1,500
Downtown / Omni / Park WestCity of Miami$600 – $1,450
EdgewaterCity of Miami$450 – $650
WynwoodCity of Miami$400 – $700
Upper East Side / MiMoCity of Miami$150 – $300
Little Haiti / Little RiverCity of Miami$120 – $250
AllapattahCity of Miami$140 – $350
OvertownCity of Miami$190 – $260
Little HavanaCity of Miami$150 – $240
Coral WayCity of Miami$150 – $285
FlagamiCity of Miami$130 – $195
Model CityCity of Miami$75 – $160
Coconut GroveCity of Miami$250 – $450
North BeachMiami Beach$220 – $450
South BeachMiami Beach$450 – $750
Coral GablesCoral Gables$300 – $520
North MiamiNorth Miami$150 – $215
North Miami BeachNorth Miami Beach$150 – $215
DoralDoral$65 – $80
HialeahHialeah$55 – $90

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