What a waterfront home
costs in Miami.
Across 128 active waterfront single-family listings, the median ask is $1.4M at $612 per square foot — a 35% premium over Miami's dry-lot homes. The kind of water decides most of that number; the breakdown is below.
Data as of September 2, 2026 · refreshed daily · active + pending single-family, BeachesMLS / Trestle feed
| Miami single-family | Listings | Median ask | Median $/sqft | Median DOM |
|---|---|---|---|---|
| Waterfront | 128 | $1.4M | $612 | 75 |
| Dry lot | 2,267 | $770K | $452 | 43 |
By kind of water
The MLS flag says "waterfront"; the listing's water features say which kind. A listing with several features is placed in its most valuable bucket. Kinds with fewer than five listings are omitted.
| Kind of water | Listings | Median ask | Median $/sqft | vs dry lot |
|---|---|---|---|---|
| Bay | 9 | $18.7M | $3,061 | +577% |
| River / navigable | 8 | $1.26M | $617 | +37% |
| Canal | 54 | $1.98M | $744 | +65% |
| Lake / pond | 46 | $999K | $437 | -3% |
| Other / unspecified | 8 | $805K | $480 | +6% |
How to read the Miami numbers
The flag is not the water. Every row above counts as "waterfront" in the MLS. Only 21% of Miami's waterfront listings record a private dock, and 57% sit on water that leads to the ocean. A buyer who prices a canal home off the city-wide waterfront median is using the wrong number, in whichever direction.
Asking is not closing. These are list prices. Closed waterfront sales in the tri-county settle below ask in the current market; the size of that gap on a specific property is exactly what Deal Radar™ is built to return.
Which Miami waterfront listings are priced right?
Send one address, or tell us the dock, depth and bridge clearance you need. We will share what Deal Radar™ returns — the same read our clients act on.
Frequently asked questions
How much does a waterfront home cost in Miami?
What is the difference between oceanfront, Intracoastal and canal pricing in Miami?
How many Miami waterfront homes have a private dock or ocean access?
Do waterfront homes in Miami sell slower than dry-lot homes?
Waterfront Index across Miami-Dade County
Universe: active and pending single-family listings in Miami, FL with recorded living area above 400 sqft and a list price above $100K (BeachesMLS / Trestle). Waterfront status is the listing's MLS flag; kind of water is derived from the listing's recorded water features. All figures are median asking values and refresh daily. Compiled by XI Realty (Eleven Realty Partners, LLC); cite as "XI Realty Waterfront Index — Miami" with the data date.