MIAMI BEACH NEIGHBORHOOD GUIDE

South of Fifth Condos for Sale

Q: What is the price range in South of Fifth in 2026?

Active listings range from approximately $1.2M to $60M+. The median transaction price runs approximately $2.2M-$2.8M. Price-per-square-foot ranges from $1,200 in older lower-floor units to $5,000+ in trophy penthouses.

Miami Beach’s most established ultra-luxury enclave — Continuum, Apogee, Glass — trophy oceanfront towers at the southern tip of the barrier island

By Anthony Guerriero, Licensed Real Estate Broker | Manhattan Miami Real Estate | Updated May 2026

Looking for South of Fifth condos for sale? Known locally as “SoFi,” South of Fifth occupies one of the smallest footprints in South Beach yet contains some of Miami’s highest-profile condominiums. The neighborhood offers a resort-retreat atmosphere without the tourist traffic found further north on Ocean Drive. Browse oceanfront condos, bay-view penthouses, and trophy residences from $1 million to over $50 million.

SOUTH OF FIFTH

South of Fifth Real Estate Map

South of Fifth refers to the southern tip of Miami Beach below Fifth Street, with luxury inventory split between oceanfront, bayfront, and marina-adjacent condominium towers. The boundary is hard — 5th Street north, Atlantic east, Government Cut south, Biscayne Bay west.

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South of Fifth at a Glance

ZIP Code33139

Price per Sq Ft$1,200–$5,000+

CharacterUltra-luxury, oceanfront, quiet residential

Walk Score95 (Walker’s Paradise)

Boundaries5th St (N), Atlantic Ocean (E), Government Cut (S), Biscayne Bay (W)

Median Condo Price~$2.2M

South of Fifth is Miami Beach’s most exclusive residential enclave — an ultra-luxury neighborhood at the southern tip of the barrier island bounded by 5th Street to the north, the Atlantic Ocean to the east, Government Cut to the south, and Biscayne Bay to the west. Known locally as “SoFi,” it occupies one of the smallest footprints in South Beach yet contains some of Miami’s highest-profile condominiums.

The Buildings That Define South of Fifth

South of Fifth is defined by a small number of buildings — each with a distinct identity, ownership profile, and price point. Unlike Brickell or Edgewater, there is almost no new construction product here. Inventory is constrained, and prices reflect it.

Continuum South & North Tower

The defining address in SoFi. Continuum South Tower (2002) and North Tower (2004) together form a 12-acre oceanfront compound — the largest private beach in Miami Beach. Units range from 1,200 sq ft one-bedrooms to 7,000+ sq ft penthouses. Pricing runs $2,500–$4,500/sq ft, with trophy penthouse transactions exceeding $60M. Full-time concierge, three pools, spa, and private beach club.

Apogee South Beach

67 units, no two alike. Apogee (2008) was conceived as a super-boutique building — ultra-low density, expansive floor plates (3,000–10,000+ sq ft), direct ocean and bay views from every unit. Pricing typically runs $3,000–$5,500/sq ft. Available inventory is rare — often only 2–5 active listings at any time.

Murano Grande

Murano Grande (2003) is the most accessible ultra-luxury option in SoFi — units starting below $2M with a full building amenity set. Located on Biscayne Bay, it offers protected water views without ocean-side exposure.

Yacht Club at Portofino & Glass Miami Beach

Yacht Club at Portofino (2000) sits directly on Biscayne Bay with private marina access. Glass (2016) is the only modern glass-curtain-wall tower in SoFi and the newest significant building in the neighborhood — contemporary architecture attracting younger buyers looking for a more minimal aesthetic.

Who Buys in South of Fifth

International capital: European and Latin American buyers who prioritize security, discretion, and proximity to the water.
NYC-to-Miami movers: High-income professionals from New York’s finance and media sectors establishing Florida domicile.
Second-home trophy buyers: Buyers using the property 4–8 weeks per year, needing fully managed low-maintenance assets.
Ultra-high-net-worth asset allocators: Buyers acquiring multiple units or establishing a primary SoFi residence alongside a Manhattan holding.

The submarket does not attract first-time buyers or investors seeking short-term rental income. Minimum stays and building rules restrict short-term rentals across most SoFi buildings.

Price Ranges by Building Tier

Building	Typical Price Range	$/Sq Ft
Apogee South Beach	$8M–$60M+	$3,000–$5,500
Continuum (South Tower upper)	$5M–$35M	$2,500–$4,500
Continuum (North Tower / lower)	$2M–$8M	$1,800–$2,800
Glass Miami Beach	$2.5M–$12M	$1,500–$2,500
Murano Grande	$1.2M–$4M	$900–$1,800
Yacht Club at Portofino	$1.5M–$5M	$1,000–$1,600

Live South of Fifth Listings

Frequently Asked Questions: South of Fifth

Is South of Fifth a good investment neighborhood?

SoFi has historically appreciated above the broader Miami Beach average due to supply constraints (no new construction land), a concentrated buyer pool of high-conviction owners, and the anchoring effect of Continuum. The neighborhood functions more like a long-term capital preservation asset than a yield play — rental income is limited by minimum stay restrictions, but resale values have held and grown steadily since 2005.

What is the difference between South of Fifth and South Beach?

South of Fifth is the residential zone south of 5th Street — quieter, higher-priced, and physically separated from the tourist activity of Ocean Drive and the commercial strip of South Beach. SoFi has fewer restaurants and nightlife venues by design, which is part of its appeal to permanent residents.

Can I do short-term rentals in South of Fifth?

Most SoFi buildings have minimum stay requirements (typically 30 days). Miami Beach also has strict municipal regulations on short-term rentals in residential buildings. Buyers looking for short-term rental income should look at other Miami markets.

What is the price range in South of Fifth in 2026?

Active listings range from approximately $1.2M (smaller Murano Grande units) to $60M+ (full-floor Continuum and Apogee penthouses). The median transaction price runs approximately $2.2M–$2.8M. Price-per-square-foot ranges from $1,200 in older lower-floor units to $5,000+ in trophy penthouses.