Portofino Tower
Condos for Sale in Miami Beach, FL

Portofino Tower Condo market snapshot (as of September 20, 2026): the median sale price is about $3.10M ($1465 per sq ft over the trailing 12 months of closed sales), and a median 114 days on market for closed sales. The trailing-12-month median is up 38% from the prior 12 months, computed from record-level MIAMI MLS closed sales (16 closings in the current window).

In ZIP 33139 (Miami Beach), 697 homes closed in the last 12 months at a median of $800K ($765/sq ft), up 2.1% year over year, with a median 95 days on market. Right now 495 active and 79 pending listings — a buyer's market. See the live ZIP 33139 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 34 homes in PORTOFINO TOWER Condo that have changed hands since 2006, built between 1995 and 1997 (median 1996), with a median living area of about 2,040 sq ft and a typical 3-bedroom, 2.5-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Portofino Tower trades on a per-square-foot basis more than most condo buildings in the area, which means the median price alone tells only part of the story — the finish and view of the individual unit matter as much as its size.

Over the past 12 closings, the building has posted a 16% year-over-year increase in pricing, a meaningful move for a market where the median day-on-market figure sits above 100 days. That combination — rising prices without fast turnover — usually signals a market where sellers are holding firm on price and buyers are taking their time to compare units rather than competing in bidding wars.

Current MLS data does not identify specific community amenities for this building, so buyers evaluating Portofino Tower should treat unit-level features, building services, and location as the deciding factors rather than assuming a standard amenity package. That gap in the data is itself useful information: verify what's actually included before comparing this building to others on price alone.

A building priced this high per square foot, with a 104-day median market time, rewards buyers and sellers who can read individual unit economics rather than headline averages. We pull the actual closing data unit by unit, confirm what amenities and building details apply to the specific listing in question, and price against real comparable sales rather than the building median.

Listings in this community report association dues of about $3,940 per month ($47,280 a year) — the median AssociationFee across 31 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.