Momentum Housing Data · Home Values · Miami-Dade County

SAN MARINO ISLAND Home Values: What Homes Actually Sell For

Buying here? See San Marino Island homes for sale and the San Marino Island community guide (Miami Beach).

SAN MARINO ISLAND (Miami Beach, FL): 6 recorded closings in the 12 months ending 2026-09-20, an 11-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.

Median sold price
$8,250,000
-33.0% vs prior year · window ending 2026-09-20
Median $/sqft
$3,556
6 recorded closings
Median days to sell
162
from list to contract-to-close record

In the current window, sellers accepted a median 84.4% of original asking; the median sale took 162 days (window ending 2026-09-20).

The 11-year recorded price history

20122026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$8,250,000$3,55616284.4%6
2025$12,314,275$2,9105384.5%8
2024$8,449,444$2,4801388.4%6
2022$12,675,000$2,65212691.8%6
2021$9,215,000$1,47311489.5%12
2020$2,840,000$835796.3%3
2019$1,310,000$1,4221797.0%3
2018$3,500,000$899898.8%3
2015$3,350,000$9646095.9%7
2013$2,100,000$65217195.6%6
2012$3,150,000$8888495.4%4

Over the recorded series, SAN MARINO ISLAND’s median sold price moved from $3,150,000 (2012) to $8,250,000 (12 months ending 2026-09-20) — +162% over that span, with every year’s figure from recorded closings, not a model.

The last decade in SAN MARINO ISLAND, briefly

The recorded series starts in 2012 at $3,150,000. The 2020–22 run-up did what it did everywhere — SAN MARINO ISLAND’s median moved +868% from 2019 to 2022. Against the 2022 peak of $12,675,000, the current median stands at -35%. Annual sales volume here has ranged from 0 to 12 closings a year (10-yr average 4.9). With roughly 4.9 closings a year, SAN MARINO ISLAND’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

Where SAN MARINO ISLAND sales actually landed, 2024–2026

Of the 18 recorded SAN MARINO ISLAND closings since 2024, half landed between $4,975,000 and $15,003,388 (the middle two quartiles); the lowest recorded sale was $2,825,000 and the highest $46,000,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.

Sold price bandShare of closingsSales
Under $3,400,000
2 (11%)
$3,400,000 – $10,433,333
7 (39%)
$10,433,333 – $17,466,667
5 (28%)
$17,466,667 – $24,500,000
2 (11%)
None and up
2 (11%)

What homes of your size have sold for in SAN MARINO ISLAND

The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Larger homes here have been selling at a higher price per square foot than smaller ones ($3,977 vs $1,656) — less common, and usually a sign of newer or upgraded product at the top of the range.

Size groupMedian $/sqftMedian soldSold rangeSales
Smaller homes
1,774–2,922 sq ft
$1,656$3,545,000$2,825,000 – $28,500,0006
Mid-size homes
3,019–3,600 sq ft
$2,108$7,125,000$4,900,000 – $11,926,2146
Larger homes
3,756–9,700 sq ft
$3,977$19,000,000$11,115,000 – $46,000,0006

At SAN MARINO ISLAND’s $8,250,000 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $145,140 a year in property tax before exemptions, or about $144,430 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.

Selling in SAN MARINO ISLAND right now: what the record says

Current asking prices run a median $30,000,000 against the $8,250,000 recorded sold median (+264%) — the gap between what sellers hope and what the record shows. Demand check: 67% of SAN MARINO ISLAND’s listings are under contract, against 14% for ZIP 33139 and 18% for Miami-Dade County as a whole — the community is absorbing faster than its surroundings. Momentum’s market-heat index for SAN MARINO ISLAND reads 22/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

With asking prices running +264% over the recorded sold median, a SAN MARINO ISLAND listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

What would YOUR SAN MARINO ISLAND home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

By submitting, you agree Momentum Realty may contact you by phone, text, or email about your inquiry. Consent is not a condition of any purchase. Message/data rates may apply. Reply STOP to opt out. See our disclosures.

How SAN MARINO ISLAND compares with its neighbors

Communities buyers shopping SAN MARINO ISLAND are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
DI LIDO ISLAND$9,800,000$2,3769614
HIBISCUS ISLAND$12,250,000$2,2171715
RIVO ALTO$7,335,500$2,4391538
BISCAYNE ISL$10,450,000$2,6251753

More SAN MARINO ISLAND: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures

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