PORTOFINO TOWER CONDO
Homes for Sale in Miami Beach, FL

PORTOFINO TOWER CONDO market snapshot (as of July 20, 2026): the median sale price is about $3.08M ($1482 per sq ft over the trailing 12 months of closed sales), and a median 105 days on market for closed sales. The trailing-12-month median is up 16% from the prior 12 months, computed from record-level miami closed sales (12 closings in the current window).

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.

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