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The The Amethyst market
Market report · Neighbourhood · Dec 2024

The The Amethyst market, in numbers

Part of Miami Beach — see the Miami Beach report
Homes in The Amethyst typically sell in about 119 days.
Some comparisons are hidden until at least 3 transactions close in a month. Medians below are drawn from very small samples — treat them as indicative.
Median sale price
$325k
1 sales closed in Dec 2024
Low sample
Median rent
$2,450/mo
↑ +22.5% YoY
1 leases closed in Sep 2026
Low sample
Time to sell
119 days
typical days on market
Low sample
Days from listing to going under contract.
Sells 3 days faster than Miami Beachdays on market

Your questions, answered

Straight answers from The Amethyst’s closed transactions.
What does a home here cost?
The median sale closed at $325k in Dec 2024. Typical sales ranged $325k–$325k.
What income do you need to buy here?
At a 6.5% 30-year mortgage with 20% down, the median home runs about $3,242/mo including taxes and HOA — comfortable at a household income around $130k a year, using the 30% rule. Renting instead costs $2,450/mo.
Is now a good time to buy?
Too few recent sales for a confident read — see the longer-run trend below.
How fast do homes sell?
About 119 days from listing to contract in Dec 2024. The pace picks up toward December and slows around January.
How much room is there to negotiate?
Not enough closed sales this month to measure — the price-cut chart below is the best proxy.
When is the best time to list?
Closings peak in December and bottom out around January. Listing four to six weeks ahead of the peak historically gets the most eyes.
Is it a good rental investment?
Yield needs at least 3 closed sales and 3 closed leases in a month — this area doesn’t clear that bar yet.

Buying vs renting

Price-to-rent ratio is 11.1 — buying typically starts to beat renting after roughly 3–4 years here.
To buy — median sale price
Sale price, $
$325k
To rent — median monthly rent
Monthly rent, $
$2,450/mo↑ +22.5% YoY
Sep 2026 — median $2,450/mo · 1 leases · 160 days on market · low sample
$1,800
$2,000
$2,200
$2,400
$2,600
Oct ’25
Dec ’25
Feb ’26
Apr ’26
Jun ’26
Aug ’26
MedianTypical range (5th–95th percentile)3+ closingsUnder 3 (low sample)No closings (activity only)Tap or hover any month for its numbers.
What each size costs
Medians over the last 12 months.
Beds
To buy
To rent
Volume
1 bed
—
$2,308/mo
8 closed Low sample

Market depth

Supply and demand
Listings per month
Sep 2026 — 0 closed · 0 new · 1 active
0
0.5
1
1.5
2
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
ClosedActive (on market)New listings
Seasonality
Avg closings
Listings move fastest in December
0
0.2
0.4
0.6000000000000001
J
F
M
A
M
J
J
A
S
O
N
D
Average closings by calendar month, drawn from at least two years of history.
Price-cut pressure
% of active listings
Sep 2026 — 100% of active listings cut · median cut 16.7%
0%
25%
50%
75%
100%
Oct ’24
Jan ’25
Apr ’25
Jul ’25
Oct ’25
Jan ’26
Apr ’26
Jul ’26
3-month averageSingle month
HOA fees per sqft
$ per sqft, monthly
Too few closed transactions to chart HOA fees here.
Median monthly HOA fee per square foot among closed sales.
How neighbourhoods compare across Miami Beach
Median sale price, last 12 months. Tap a row to open its report.
2
Surf Club
$20.49M
3
Palm Island
$18.22M
5
La Gorce
$5.54M↑ +14.6% YoY
7
Normandy Shores
$2.93M↑ +142.6% YoY
8
Isle of Normandy Trouville
$2.45M↑ +30.3% YoY
10
Normandy Beach
$1.85M↓ −46.0% YoY
11
Sunset Harbour
$1.57M↓ −77.8% YoY
12
Costa Brava
$1.39M
13
Harbour House
$1.01M↓ −45.3% YoY
15
Bay Harbour Island
$891k↑ +47.9% YoY
16
Club Atlantis
$716k↑ +75.3% YoY
17
Millionaire's Row
$698k↓ −2.8% YoY
19
Isle of Normandy Miami View
$469k↓ −22.5% YoY
20
South Beach
$430k↑ +11.6% YoY
21
Treasure Island
$430k↓ −8.8% YoY
22
North Beach
$421k↓ −15.5% YoY
23
Isle of Normandy Ocean Side
$391k↓ −4.1% YoY
24
Triton Tower Condominium
$359k↑ +13.9% YoY
26
Beach Bay
$287k↑ +39.5% YoY
Based on 17 closed transactions over the period shown · Updated Oct 4, 2026 · Medians drawn from fewer than 3 closings are flagged as low sample.