South Florida Oceanfront Homes sold during the first half of 2022
Real Estate Market Report
Direct Oceanfront Single Family Homes that are located on the Beach enjoy privacy, prime locations and amazing views! Of available Beachfront properties in South Florida, Single Family Homes are a very small portion of Real Estate Inventory since Condos comprise the vast majority of Residential properties on the Beach.
Within Southeast Florida (excluding the Florida Keys), the majority of Beachfront Single Family Homes are located in Palm Beach County and a few are located in Broward County and Miami-Dade County.
Below are details about the locations and purchase prices of Oceanfront Homes sold in South Florida YTD during January – June of 2022, per Tax Records and MLS Property sales records of Homes sold through Real Estate Brokers:
- Palm Beach County: Oceanfront properties sold in a purchase price range of $8,000,000 – $173,000,000, with an average purchase price of $20,259,032 and a median purchase price of $14,125,000. They’re located in Juno Beach, Ocean Ridge, Highland Beach, Manalapan, Jupiter Inlet Colony, North Palm Beach, Gulfstream, and Palm Beach.
- Broward County: 2 Properties sold with purchase prices of $7,000,000 and $6,400,000. Both of the properties are located in Pompano Beach in the Hillsboro Shores Community. The properties were sold on February 4, 2022 and June 15, 2022.
- Miami-Dade County: 3 Properties sold with purchase prices of $9,800,000, $23,750,000 and $21,000,000. The properties are located in the Town of Golden Beach and in the Altos del Mar Community in Miami Beach. The properties sold on June 1, 2022, June 21, 2022 and June 13, 2022.
The property that sold for $173,000,000 (see details here) is the most expensive Residential property ever sold in Florida, purchased by Billionaire Larry Ellison, co-founder of Oracle.
South Florida Beachfront Single Family Homes for Sale: Currently, 56 Single Family Oceanfront Homes are on the Market for sale through Brokers in the Tri-County area and listed in a price range of $2,895,000 – $137,500,000. Their locations are Manalapan, South Palm Beach, Ocean Ridge, Palm Beach, Gulfstream, North Palm Beach, Delray Beach, Highland Beach, Jupiter Inlet Colony, Fort Lauderdale, Pompano Beach, Hillsboro Beach, Hollywood, and Golden Beach.
Find your South Florida dream Home on the Beach: Click here to review South Florida Oceanfront property listings by location and current listings of Homes for sale on the Beach.