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Miami Zip Codes-Top $Million Listings

Miami-Dade ZIP codes have top million-dollar home listings

Date: Thursday, September 27, 2012, 1:23pm EDT
 

Jade Ocean

At No. 6 on Coldwell Banker's list is North Miami Beach, which includes Aventura and Sunny Isles Beach, the latter of which home to projects like Jade Ocean, pictured.

Reporter- South Florida Business Journal
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Coldwell Banker’s list of the nine neighborhoods with the most million-dollar listings includes two Miami-Dade neighborhoods.

At No. 5 is Miami Beach (33139), which has 507 homes on the market priced at $1 million or more. One-fifth of those are priced at more than $5 million. More than 30 are going for more than $10 million, and seven homes sold last year in that range.

At No. 6 is 33160, which Coldwell Banker identifies broadly as North Miami Beach, but which is actually based on luxury listing activity in Aventura and Sunny Isles Beach, said Beth Butler, president of One Sotheby’s International Realty, which reviewed the list for the Business Journal. She said the ZIP code includes all of the Trump Tower projects and other high-end condo product like Jade Ocean that command that kind of pricing.

North Miami Beach has 498 homes for sale priced at $1 million or more, according to the list.

“In the last few years, we have had the most $1 million-plus sales in Sunny Isles and Aventura,” Butler said.

Peter Zalewski of Condo Vultures said there are currently 32 homes, condo units and townhomes for resale in North Miami/North Miami Beach that are priced at $1 million and up. North Miami does have high-priced neighborhoods on its east side.

At the top of the Coldwell Banker list is Paradise Valley, Ariz., a small, affluent town in Maricopa County.

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