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What the island houses have actually sold for

Every figure on this page comes from the Miami-Dade County property roll — not from a listing portal, not from a brokerage report, and not from anybody's press release. It counts only transfers the state marks as arm's length, it tells you how many were thrown out to get there, and it tells you how few sales some of these islands produce in a year. Read September 8, 2026.

Across the nine island groups below

Qualified sales since 2024
132 across roughly 850 parcels
Transfers excluded
578 of 2,143 recorded — not arm's length, not comparables
Source
Miami-Dade Comparable Sales roll, single-family parcels only

The table

Sorted by the median of qualified sales recorded since the start of 2024. Read thecount column before you read the median beside it — on several of these islands the whole market is a handful of houses a year, and a median of four sales is an anecdote with a decimal point rather than a market rate. Each island name opens its own page, with the individual recorded sales and the rules that govern the parcel.

IslandParcelsSales
since 2024
MedianMedian $/sfExcludedHighest recorded
Star Island
Miami Beach
334$46,850,000$5,03938%$120,000,000
February 27, 2025
Palm Island
Miami Beach
10410$18,925,000$2,81229%$45,000,000
February 25, 2025
Di Lido Island
Miami Beach
13725$16,800,000$3,46424%$35,000,000
April 28, 2026
Allison Island
Miami Beach
5010$16,250,000$2,48227%$51,000,000
February 13, 2026
Hibiscus Island
Miami Beach
13213$13,200,000$3,61830%$39,003,800
August 27, 2024
San Marino Island
Miami Beach
7118$11,613,150$3,49626%$46,000,000
June 23, 2025
Venetian Islands (Miami side)
Miami
5213$10,450,000$2,63530%$30,000,000
June 14, 2021
Rivo Alto Island
Miami Beach
9212$8,885,800$2,65722%$31,500,000
April 29, 2022
La Gorce
Miami Beach
18627$4,500,000$1,54626%$100,000,000
September 21, 2024
The excluded column is the one to look at twice. Between a fifth and two fifths of every recorded transfer on these islands is not an arm's-length sale. They are real deeds carrying real numbers — a hundred-dollar transfer between two entities with the same owner, a deed in lieu of foreclosure, a correction — and every one of them would drag a median somewhere untrue. Nobody publishing island price averages tells you how many they kept and how many they threw away. That number is the difference between a figure you can use and a figure that merely looks like one.

What the numbers do not say

A median is not an appraisal, and on a street of thirty-three houses it is barely a statistic. What actually sets the price of one of these parcels is water frontage and its orientation, lot width at the seawall, whether the house is worth keeping or is really land, and what a buyer would have to spend to bring the seawall and the elevation up to the current standard. Two houses on the same island, the same year, the same square footage, can be a long way apart on all four.

The median $/sf column is the most easily misread figure here. Heated area is a poor denominator on a waterfront lot, because a meaningful share of the value is in the ground and the frontage rather than in the building standing on it — and on several of these parcels the building is a teardown that the price ignores entirely.

Why the islands read the way they do

These are made ground. Star, Palm and Hibiscus were pumped out of the bottom of Biscayne Bay and finished in 1922; the Venetian chain came the same way. That history is why the lots are regular, why the water is on both sides of a street rather than at the end of one, and why a causeway with a drawbridge is the only way on or off.

It also explains the light, which is the part no data table holds. A house here has bay on one side and open sky on the other, the water throws light back up into the rooms all afternoon, and the downtown skyline sits across the bay close enough to read the buildings and far enough to be quiet. That is a real thing people buy and it is worth naming — but it is not a number, and this page keeps the two apart on purpose.

What this page will not do. It will not rank these islands against each other, and it will not tell you what kind of person lives on any of them. Every page currently ranking for these searches leads with exactly that, which is both why they rank and why a licensed agent cannot write them. Parcels, prices, water and rules are what is knowable and checkable, and they are what is here.

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Send the address and Stefania will come back with what that parcel has actually traded for, filtered to arm's-length sales, with the assessed value and the recorded transfers that were excluded and why.

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Source: Miami-Dade County ArcGIS Comparable Sales layer, single-family parcels, read September 8, 2026. Only transfers the Florida Department of Revenue marks as qualified are included in any median. The county publishes its roll subject to its own disclaimer and it can lag a recorded deed by roughly a week and a half.

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