The southernmost stretch of land on South Beach, referred to as South of Fifth or SoFi, is rapidly becoming one of the most desired pieces of real estate in the country. The distinction as its own neighborhood came early in South Beach’s history. In the early part of the twentieth century, Jim Crow laws were in effect, which stated that the Jewish population of South Beach were only permitted to live ‘south of Fifth Street.’ This accounts for the fact that, today, South of Fifth is home to many Jewish synagogues and yiddish establishments.
Today, South of Fifth has become one of the most sought-after areas in South Beach. Although it is mostly residential, it has also become known for its trendy nightclubs and upscale restaurants. Being a peninsula within the barrier island of Miami Beach, it has a plethora of opportunities for water sports, sunbathing, and boating. Making enjoying the water even easier, is the Miami Beach Marina which is located in South of Fifth as well. Condos in SoFi have the perfect location to enjoy all that South Beach has to offer.
South of Fifth real estate on South Beach is booming. The area has become home to some of the most beautiful waterfront properties in all of South Beach, with it’s ultra-glamorous condos offering the pinnacle of luxury. The area has become so exclusive that it boasts having some of the highest property values in Miami Beach. Despite the fact that the area is only five blocks, it accounts for more than 18% of the tax base for all of Miami Beach. The single most expensive condo in South Beach is a SoFi condo in Apogee. Other notable luxury waterfront condos in South Beach South of Fifth include Continuum, Portofino Tower, Murano Grande at Portfino, as well as ICON. All of these lavish condos offer every convenience and service imaginable. The South of Fifth district of South Beach is unparalleled in luxury and beauty, and is setting the standard for real estate in South Beach.