By Elizabeth Costa | Top Real Estate Agent in Doral & Miami | The Keyes Company
15+ years of experience · 300+ closed transactions · Bilingual: English & Spanish
Exclusive Member of Forbes Global Properties · Founding Member of Luxury Portfolio International
★ 5.0 · 82 Google reviews
Originally published July 20, 2026 · Last updated: October 21, 2026, with Miami-Dade MLS sales through October 7, 2026
Where are Miami's luxury waterfront homes?
In my Miami-Dade MLS data on $2 million and up waterfront home sales from July to October 2026, the most sales were in North Miami's Sans Souci and Keystone bayfront (11), North Beach (11), and Coral Gables (10). The highest prices were on the Venetian, Hibiscus, and Palm Islands, at a median of $22 million.
Which Miami Neighborhoods Sell the Most Luxury Waterfront Homes?
| Rank | Area | $2M+ waterfront sales | Median price | Range |
|---|---|---|---|---|
| 1 | North Miami bayfront: Sans Souci Estates, Keystone Islands, Coronado Harbor | 11 | $5,300,000 | $2.4M to $24.0M |
| 1 | North Beach, Miami Beach: Biscayne Point, Normandy Isles, Altos del Mar | 11 | $3,975,000 | $2.4M to $22.0M |
| 3 | Coral Gables: Cocoplum, Coral Bay, Sunrise Harbour, Riviera, Hammock Lake | 10 | $6,605,750 | $2.1M to $13.0M |
| 4 | Miami Beach islands: Venetian, Hibiscus, Palm | 9 | $22,000,000 | $9.4M to $33.0M |
| 5 | Pinecrest and Kendall lakefront | 7 | $2,750,000 | $2.1M to $4.2M |
| 6 | Golden Beach | 5 | $15,875,000 | $8.0M to $69.5M |
| 6 | Upper East Side and Miami Shores bayfront: Bay Point, Bay Lure, Ademar Park | 5 | $3,350,000 | $2.3M to $10.3M |
| 8 | Mid-Beach and Sunset Islands, Miami Beach (incl. North Bay Road) | 4 | $21,275,000 | $5.3M to $72.0M |
| 8 | Eastern Shores and Atlantic Island, North Miami Beach | 4 | $3,950,000 | $2.5M to $7.0M |
| 10 | Coconut Grove | 2 | $7,325,000 | $6.6M to $8.1M |
Ranking criterion: number of single-family waterfront sales at $2 million or more, closed July 9 to October 7, 2026. Source: Miami-Dade MLS. Areas grouped by subdivision.
How Big Is Miami's Luxury Waterfront Market?
- 205 single-family waterfront homes sold in Miami-Dade in these three months.
- 73 sold for $2 million or more, at a median of $6,550,000.
- 23 sold for $10 million or more.
- 50 of the 73 (68%) were paid in cash. My cash buyers guide explains what that means for financed offers.
- The highest sale was $72 million on North Bay Road in Miami Beach, followed by $69.5 million in Golden Beach.
Elizabeth's Take
The first question I ask waterfront buyers is not the budget, it is the boat. Whether you need open-bay access, a deep canal, or just a view of the water changes the list of neighborhoods more than anything else.
In This Guide
"Miami waterfront" is not one market. A bayfront lot in Sans Souci Estates, a canal-front home in Coral Bay, and an island estate on the Venetian Causeway all count as waterfront, but they differ in price, water access, and what you pay to own them.
I am Elizabeth Costa, a Realtor with The Keyes Company. I grouped every $2 million and up waterfront sale in my Miami-Dade MLS data by area, so you can compare neighborhoods with real numbers, not just reputations.
What Are the Main Types of Miami Waterfront?
- Bayfront: directly on Biscayne Bay, with open-water views. Examples in this sample include Sans Souci Estates, Bay Point, Sunrise Harbour, and the Venetian Islands.
- Canal-front: on canals that lead to the bay, such as Biscayne Point, Keystone Islands, Coral Bay, and Cocoplum. Bridges and canal depth can limit boat size.
- Oceanfront: facing the Atlantic, as in Golden Beach and Altos del Mar.
- Lakefront: on inland lakes, common in Pinecrest, Kendall, and Doral. No boat access to the bay, but water views at a lower price.
What Is Each Waterfront Area Like?
Miami Beach islands and Mid-Beach
The Venetian Islands (Di Lido, San Marino, San Marco, Rivo Alto), Hibiscus Island, and Palm Island had 9 sales at $2 million or more, all in cash, at a median of $22 million. Mid-Beach and the Sunset Islands, including North Bay Road, had the highest single sale in the county. See Miami Beach homes for sale.
North Beach
Biscayne Point, Normandy Isles, Biscayne Beach, and Altos del Mar had 11 sales from $2.4 million to $22 million. It is the most active part of Miami Beach for waterfront homes under $5 million in this sample.
North Miami bayfront and Eastern Shores
Sans Souci Estates, Keystone Islands, and Coronado Harbor tied for the most sales (11), with several new homes built in 2025 and 2026. Eastern Shores and Atlantic Island in North Miami Beach added 4 more.
Golden Beach
Five sales from $8 million to $69.5 million, including homes on Ocean Boulevard.
Coral Gables
Cocoplum, Coral Bay, Sunrise Harbour, the Riviera, and Hammock Lake had 10 sales at a median of $6.6 million. For the gated estates of Gables Estates, see its own page, and compare areas in my Coconut Grove vs Coral Gables guide.
Upper East Side, Miami Shores, and Coconut Grove
Bay Point, Bay Lure, Ademar Park, and nearby bayfront streets had 5 sales, and Coconut Grove had 2, at Fairhaven and Bayshore Villas. See Coconut Grove homes for sale.
Pinecrest, Kendall, and Key Biscayne
Lakefront estates in Pinecrest and Kendall sold for $2.1 million to $4.2 million on large lots. Key Biscayne had one $2 million and up waterfront sale in this period.
Does Doral Have Waterfront Homes?
Yes, on lakes. Doral has no bay or ocean frontage, but 11 lakefront single-family homes sold in Doral in the same three months, at a median of $1,038,000, with the highest at $2,050,000 in Doral Commons. Across houses, townhomes, and condos, Doral Isles has the most waterfront homes in the city. See my ranking of Doral communities with lakefront homes and the Doral waterfront homes page.
What Should I Check Before Buying on the Water?
- Water access: bay, canal, ocean, or lake; canal depth at low tide; and fixed-bridge clearance between the dock and the bay.
- Flood zone and elevation certificate: check the FEMA flood map; elevation relative to base flood elevation drives flood insurance cost. My flood zone guide explains the zones.
- Seawall and dock: hire a marine contractor or engineer to inspect them, separately from the home inspection.
- Insurance quotes before you offer: wind and flood, in writing. See my homeowners insurance guide.
- City and HOA rules: docks, boat size, exterior changes, and rentals differ by city and community.
- Municipality: confirm the city with the folio on the Miami-Dade Property Appraiser, since taxes, permits, and rules depend on it.
How Do I Choose a Waterfront Neighborhood?
- Decide whether you need boat access, and for what size boat.
- Set a budget that includes insurance, seawall upkeep, and any HOA or dock costs.
- Choose between privacy (islands and gated enclaves) and walkability (Mid-Beach, Coconut Grove).
- Compare recent waterfront sales in the same subdivision, not the whole ZIP code.
- Tour at different tides and times of day before you commit.
Buying from abroad? Read my guide to buying luxury real estate in Miami.
Methodology
- Source: Miami-Dade MLS export of single-family closings from July 9 to October 7, 2026, with the Waterfront Property field marked Yes.
- Luxury tier: sales at $2 million or more (73 of 205 waterfront sales).
- Areas: grouped by subdivision name; a ZIP code can include more than one city. Doral figures are lakefront single-family sales in the City of Doral.
- Cleanup: duplicate records were removed.
Related Luxury Real Estate Research
- Which Doral Communities Have Lakefront Homes?
- Coconut Grove vs Coral Gables Homes 2026
- Coral Gables Cash Buyers in 2026
- Doral vs Coral Gables: Where to Buy Luxury Real Estate in 2026
- Trump National Doral and Miami's Luxury Golf Communities
- How Off-Market Luxury Real Estate Works in Miami
- Elizabeth Costa Luxury Real Estate Services
Frequently Asked Questions
Ready to Explore Miami Waterfront?
Tell me your water access needs and budget. I will pull recent waterfront sales in the right subdivisions, check flood, insurance, and HOA rules, and tour the homes that fit. Bilingual EN/ES service.
Call or Text (786) 949-3971The Keyes Company · Exclusive Member of Forbes Global Properties · Founding Member of Luxury Portfolio International
15+ years · 300+ closed transactions · Bilingual EN/ES
elizabethcosta@keyes.com · Schedule a Consultation · Free Home Valuation
Serving Doral, Miami, Coral Gables, Weston, Pinecrest, and surrounding South Florida communities
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Elizabeth Costa, Realtor | FL Lic. #3234205 ★ 5.0 · 82 Google reviews Top Real Estate Agent in Doral, Florida | The Keyes Company ☎ (786) 949-3971 ✉ elizabethcosta@keyes.com 📅 Schedule a private consultation 15+ years · 300+ closed transactions · Bilingual EN/ES Office: 4191 NW 107th Ave, Doral, FL 33178 Serving Doral, Miami, Coral Gables, Weston, Pinecrest, and surrounding South Florida communities The Keyes Company: Exclusive Member of Forbes Global Properties · Founding Member of Luxury Portfolio International |
This article is general real estate information, not insurance, legal, or engineering advice. Figures come from a Miami-Dade MLS sample and change over time. Confirm water access, flood zone, and rules for each property.