Greater Downtown Miami Vintage Condos Offered At 46% Discount

Vintage condos are units located in buildings that are at least 30 years old. Florida requires Vintage condo buildings to undergo strenuous Milestone Studies to ensure life safety for residents.

Vintage Condos represent less than 10 percent of the resale market in Greater Downtown Miami at the start of the 2025 Florida Condo Association Financial Cliff. (Photo courtesy of Google Maps)

Asking prices for Vintage condos – units at least 30 years old – are listed for resale for about 46 percent less than the Overall average condo prices in Greater Downtown Miami.

Vintage condos are listed in Greater Downtown Miami for an average price of about $760,410 per unit and about $593 per square foot as of Feb. 3, 2025, at the peak of the 2024-25 South Florida Winter Buying Season that stretches from November though April.

Overall, Greater Downtown Miami condos are listed for resale at an average price of more than $1.4 million per unit and nearly $900 per square foot.

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As a reminder, we are always available for consulting, expert witness work and buyside brokerage services just as we have been since 2006.

If you are seeking information on condo resales in South Florida, please visit CondoVulturesRealty.com or call the office at 305.865.5859.

The views and opinions expressed in this report are for general informational purposes only. It is believed to be accurate and complete based on current market trends but cannot be guaranteed or warranted as circumstances change without notice. It should not be considered as financial, legal, tax or investment advice. This content should not be relied upon as the sole basis for making any financial decisions. Before making any investment or financial decisions, you should consult with a qualified professional to determine the suitability of any investment or strategy for your individual circumstances and goals.

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