Are you thinking of buying a condo in South Beach, San Francisco? Located on the waterfront near downtown, South Beach offers a hip, upscale vibe with amazing access to transit, jobs, dining and entertainment. In this guide, we’ll explore what makes South Beach special and take a look at the current real estate market trends.
Explore the South Beach Community
Once an industrial shipping area, South Beach has transformed into one of San Francisco’s hottest neighborhoods in recent decades. The waterfront community is known for its contemporary condos and highrises, with stunning views of the bay and city skyline. Residents enjoy convenient access to downtown jobs in the Financial District, great grocery stores like Gus’s Community Market and Woodlands Market, and the scenic Embarcadero waterfront promenade.
South Beach is also home to Oracle Park, where the San Francisco Giants play, and many of the city’s best restaurants, bars and boutiques. With its central location and abundance of amenities, South Beach offers an exciting urban lifestyle that appeals to young professionals, empty nesters, and everyone in between.
To learn more about South Beach and explore available South Beach SF condos for sale, check out our South Beach neighborhood page.
South Beach offers an exciting waterfront lifestyle near downtown SF. Explore South Beach real estate with SFHIGHRISES.
South Beach Condos: A San Francisco Home Buyer’s Guide
The South Beach real estate market features a wide array of contemporary condos and highrises. Options range from modest and relatively affordable units to lavish luxury penthouses. Building amenities and HOA dues also vary considerably.
Some notable South Beach condo buildings include:
170 Off Third
650 Delancey
72 Townsend
88 King
MIRA
One Steuart Lane
The Brannan
The Watermark
Explore all San Francisco highrise buildings and new construction developments.
Whether you’re seeking a stylish starter condo or a spacious luxury unit, the South Beach neighborhood likely has something to fit your needs and budget. Reach out to the South Beach real estate expert, Robyn Kaufman, to discuss your goals and start your search.
Many South Beach condos feature amazing views. Find your perfect home with the best South Beach real estate agents.
South Beach Real Estate Market Trends
With mortgage rates still elevated as of mid-2024, condo prices in South Beach are relatively stable and currently showing a slight downward trend year-over-year in Q2.
The median sales price for a South Beach condo in Q2 2024 was $1,290,000, down 1.1% compared to Q2 2023. This is slightly higher than the overall San Francisco County condo median price of $1,120,000, which declined 2.6% year-over-year.
Some recent history: After years of slow growth from 2014-2020, South Beach condo prices surged in 2021-2022, up to nearly $1.5M in spring 2022, before retreating as interest rates rose later that year. Considering the persistent and pent-up demand in the market today, if mortgage rates come down over the next year, stronger demand and appreciation could return.
Work from home in style in a South Beach condo. Contact us to see South Beach condos for sale.
Let’s Find Your South Beach Dream Condo
Hopefully this guide has given you a helpful overview of the South Beach neighborhood and real estate market. When you’re ready to start your condo search, Robyn and the SFHIGHRISES team is here to help. As top South Beach Realtors with years of local market expertise, we can assist you in finding the perfect home in this amazing community. Contact us today to get started!
