What a waterfront home
costs in Miami.
Across 127 active waterfront single-family listings, the median ask is $1.25M at $596 per square foot — a 33% premium over Miami's dry-lot homes. The kind of water decides most of that number; the breakdown is below.
Data as of October 24, 2026 · refreshed daily · active + pending single-family, BeachesMLS / Trestle feed
| Miami single-family | Listings | Median ask | Median $/sqft | Median DOM |
|---|---|---|---|---|
| Waterfront | 127 | $1.25M | $596 | 70 |
| Dry lot | 2,291 | $779K | $449 | 48 |
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 | $17.5M | $2,441 | +444% |
| River / navigable | 6 | $1.2M | $692 | +54% |
| Canal | 54 | $2.27M | $756 | +68% |
| Lake / pond | 45 | $949K | $431 | -4% |
| Other / unspecified | 10 | $614K | $410 | -9% |
How to read the Miami numbers
The flag is not the water. Every row above counts as "waterfront" in the MLS. Only 20% of Miami's waterfront listings record a private dock, and 51% 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 South Florida settle below ask in the current market; the size of that gap on a specific property is exactly what DealRadar™ is built to return.
Which Miami waterfront listings are priced right?
Tell us the dock, depth and bridge clearance you need. DealRadar™ stays with the clients we represent; if we are a fit, you will see what it returns before you offer.
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.