San Marco Homes for Sale

San Marco is a luxury waterfront, luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $4,000,000 to $50,000,000. Pure Equity lists homes in San Marco and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers San Marco and the Miami area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 11 San Marco Miami homes for sale as of October 2026. The median asking price is $265,000. Asking prices run from $191,000 to $45M.

That is 59% below the Miami median of $639,000. On a per-foot basis, homes here ask about $335 per square foot, compared with $497 across Miami. So the median price buys roughly 800 square feet of living area.

Listings here have averaged 169 days on the market. That is slower than the Miami average of 138 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in San Marco date from 1935 to 2025. That puts them between 1 and 91 years old.

The range straddles 2002, when Florida adopted its statewide building code. Therefore two similar-looking homes here can carry very different insurance premiums. Ask for the wind mitigation report on any home you consider, since it drives much of that difference.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

San Marco includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

San Marco has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

At a median near $265,000, San Marco sits in the luxury tier of Miami. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in San Marco have a median asking rent of $2,100 per month, across 7 active rental listings. For comparison, the Miami median is $2,950, so rents here run 29% lower.

For investors, those medians imply a gross yield near 9.5% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Miami rentals or ask us for a rent estimate on a specific San Marco home.

Here is what the median San Marco price means in Florida closing terms. At $265,000, a 20% down payment comes to about $53,000, leaving a loan near $212,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $742. Next, the intangible tax of 0.2% adds about $424. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $1,590 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent San Marco listings show assignments to North Beach (elementary), Miami Beach Nautilus (middle) and Miami Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.