MIAMI BEACH NEIGHBORHOOD GUIDE
South of Fifth Condos for Sale
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. It consistently ranks among Miami's billionaire neighborhoods, the city's most rarefied addresses.
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.
South of Fifth at a Glance
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.
Trophy Inventory
South of Fifth penthouses and oceanfront condos
South of Fifth penthouses for sale are concentrated in a small group of prestigious condo towers, including Continuum, Apogee, Glass, Murano at Portofino and Murano Grande. Oceanfront and full-floor inventory is scarce, so buyers should compare exposure, protected view, outdoor space, elevator privacy, renovation quality, mechanical systems and carrying costs rather than price per square foot alone.
Private buyer advisory
Request a South of Fifth building shortlist
Share your preference for ocean, bay or marina exposure, penthouse or conventional residence, privacy, service and timing. We will compare current listings with relevant private opportunities, then flag view quality, renovation condition, building records and recurring costs.
- Oceanfront and penthouse fit
- View and renovation quality
- Building records and carrying costs