Portofino Tower Condo in Miami Beach

Portofino Tower
Condos for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33139
Median sale $3.10M
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
53/100
Market Heat
Near its long-run normal
2019 → 2026 · 75 at the 2022 peak
0 is Portofino Tower Condo's coldest market since 2019, 100 its hottest. Today: 53. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data8 years of closingsUpdated twice daily

As of September 2026, Portofino Tower Condo in Miami Beach, FL has 10 homes for sale, asking from $1,350,000 to $24,999,000 (median $3,500,000). Over the 12 months ending 2026-09-12, 16 recorded sales closed at a median of $3,100,000, $1,465 per square foot, a median 113 days on market, sellers accepting 87% of original asking (+38% versus the prior year). Homes listed or recently sold were built 1996–1996; 8 of 10 report an HOA (median $3,940/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $54,540 ($53,830 with the full homestead exemption).

Live · Portofino Tower Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$3.10M
Median sold · 12 mo
up 37.8% vs the prior 12 months
+37.8%
1-yr price change
n = 16 and 7 sales in the two windows
$1465/sf
Sold $/sqft · 12 mo
peak $1465 in 2026
86.8%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
114days
Median DOM · closed
61 days at the 2025 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
10 · 0
For sale · pending
live counts, refreshed twice daily
16
Sold · last 12 mo
10-yr average: about 10 a year
Track record · 8 years of records
2,340sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Portofino Tower Condo

Live MLS inventory for Portofino Tower Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Portofino Tower Condo listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Portofino Tower's pricing is a per-square-foot story more than a unit-count story. At a median of roughly $1,482 per square foot against a $3,075,000 median price, this is a building where finish level, floor, and view line move the number far more than square footage alone.

A median of just over 100 days on market paired with a market heat score of 62 tells a consistent story: demand exists and pricing has moved up year over year, but sellers here are not getting rushed offers on day one. Buyers who do their homework and negotiate patiently still have room to work; sellers should price to the per-square-foot reality of their specific unit rather than the building average.

Portofino Tower Condo Housing Pulse · Momentum Research · as of September 12, 2026

Portofino Tower Condo right now

🟢 Still climbing. The trailing-12-month median ($3.10M) is up 37.8% from the prior 12 months ($2.25M). With about a dozen sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Medium (16 and 7 sales in the two windows).

What's unique here: the median sale price is about 6x the typical Miami-Dade County sale ($3.10M vs $555K, trailing 12 months, MIAMI MLS records).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Portofino Tower Condo market snapshot (as of September 12, 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).

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.

Best for

  • Buyers with a budget aligned to a median near $3,075,000 who are focused on unit-specific finish and view rather than building-wide amenities
  • Sellers who can price patiently against a market averaging just over 100 days to close, rather than expecting a fast sale
  • Buyers comparing per-square-foot value across similar buildings, since this one runs near $1,482 per square foot

Probably not for

  • Buyers who require a confirmed list of building amenities before making an offer, since current MLS data does not identify any
  • Sellers needing a fast, near-immediate closing timeline given the median 104-day market period
  • Buyers working with a budget well under the building's median price point

Windows contain 3 to 19 sales each (16 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$1M$2M$3M20182020202220242026
Up 37.8% year over year.
Every sale since 2018 · price vs size
$0$2.5M$5M$7.5M2k4k
90 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$750$1K$1K$2K20182020202220242026
Up from $945 in 2018 to a $1465 peak in 2026; $1465 now.
Median days on market · closed sales
5010015020182020202220242026
61 days at the 2025 low; 114 now.
Sale price vs original ask · median
85%90%95%20182020202220242026
86.8% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
0102020182020202220242026
3 to 19 a year; 16 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
75 at the 2022 peak, 20 in the troughs, 53 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

0% of homes for sale in Portofino Tower Condo are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-12).

PORTOFINO TOWER CONDO Market Scorecard

Thin data

PORTOFINO TOWER CONDO is currently a thin data market. Limited supply, a median asking price of $3,500,000, and homes go under contract in about 62 days.

n/a
Months supply
$3,500,000
Median list
n/a
Median sold
$1715
Per sqft
62
Days on mkt
10/0/0
Active/Pend/Sold

Typical home value in the 33139 ZIP is $471,014, about 48.9% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Portofino Tower Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Portofino Tower Condo.

Best Buy
Buyers and sellers focused on a single high-value unit rather than a building-wide amenity package.
Biggest Risk
A median 104-day market time means this is not a market for sellers expecting a quick close.
Sweet Spot
Buyers comfortable evaluating per-square-foot value unit by unit rather than relying on a building average.
Avoid If
Skip this building if you need a confirmed amenity package spelled out before you shop.

What's Actually Moving the Number

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.

The location and the amenities are priced into every listing in Portofino Tower Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

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.

Portofino Tower Condo in 15 seconds.

Best forBuyers and sellers focused on a single high-value unit rather than a building-wide amenity package.
Biggest advantagePricing has shown a real 16% year-over-year gain, giving sellers a data point to lean on.
Biggest riskA median 104-day market time means this is not a market for sellers expecting a quick close.
Sweet spotBuyers comfortable evaluating per-square-foot value unit by unit rather than relying on a building average.
Avoid ifSkip this building if you need a confirmed amenity package spelled out before you shop.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Portofino Tower Condo sales matched to your home.

What is your Portofino Tower Condo home worth?

Get a no-obligation home value based on real comparable sales in Portofino Tower Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Portofino Tower Condo on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Portofino Tower Condo?
The median sale price in Portofino Tower Condo was $3.10M over the 12 months ending September 12, 2026 (16 closed sales, MIAMI MLS).
How long do homes in Portofino Tower Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 114 days on market (16 sales, MIAMI MLS).
Who is the best real estate agent for Portofino Tower Condo?
The best agent for Portofino Tower Condo is one who actively works Miami Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Portofino Tower Condo.
How do I find a top Miami Beach real estate agent who knows Portofino Tower Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Portofino Tower Condo and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for Portofino Tower Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Portofino Tower Condo purchase or sale - no call center and no pressure.
Buyers with a budget aligned to a median near $3,075,000 who are focused on unit-specific finish and view rather than building-wide amenitiesExcellent fit
Sellers who can price patiently against a market averaging just over 100 days to close, rather than expecting a fast saleExcellent fit
Buyers comparing per-square-foot value across similar buildings, since this one runs near $1,482 per square footExcellent fit
Buyers who require a confirmed list of building amenities before making an offer, since current MLS data does not identify anyProbably not
Sellers needing a fast, near-immediate closing timeline given the median 104-day market periodProbably not
Buyers working with a budget well under the building's median price pointProbably not

Nearby Communities

Explore more neighborhoods near Portofino Tower Condo with Momentum Realty’s local guides.

SPSouth Pointe Towers Condo0.0 mi awayOOOne Ocean Condo0.0 mi awayACApogee Condo0.1 mi awayMAMurano At Portofino Condo0.1 mi awayMCMarea Condo0.1 mi awayCHConcord House Inc Condo0.1 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2018 (90 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in PORTOFINO TOWER CONDO? 16 recorded closings; median 113 days on market (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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