You have to discover the charming neighborhood of The Roads, it’s one of a kind! Situated between Brickell, Downtown Miami, and the bayfront village of Coconut Grove, The Roads is very sought-after for its tree-lined streets, Vizcaya Museum and Gardens and charming houses.
A bit of history of The Roads
Originally named “Brickell Hammock”, The Roads has been developed by Mary Brickell in 1922. A bit before she died, she gave the streets, sidewalks and parkways to the City of Miami.
Fun fact, this neighborhood also off the normal Miami street grid. All the streets in The Roads are named roads, instead of streets and avenues, as in the rest of Miami.
Discover the real estate market in The Roads neighborhood
This area is mainly residential. The Roads is a popular neighborhood for home buyers who can afford to buy a home in the median price range of $1.17M. Indeed, in October 2022, the median listing home price in The Roads was $1.2M, trending up 61.7% year-over-year. Moreover, it is a balanced market at that time, which means the supply and demand of homes are about the same.
On top of beautiful homes, buyers and investors can find luxury new construction residences with top notch amenities. For example, Eleven in the Roads, this modern and exclusive three-story building which features only 24 private residences. The homes consist of 2, 3, and 4 bedrooms, including 8 Garden residences, 8 Spa residences and 8 Penthouse residences with private rooftop terraces. The residences also feature spacious great rooms, large master suites, midnight bar in penthouse master suites, oversized soaking tubs, chef- island with custom-designed Italian cabinets.
More affordable, The Roads at 21st is a 14-story condominium building with 57 units. There are a wide range of units for sale typically between $255,000 and $390,000, but unit PH-8 has sold for $595,000. Located in a quiet residential area of the city, this secured, pet-friendly building boasts a 5th floor pool, fitness center, covered garage parking and social room.
Living in The roads
The Roads is a very quiet neighborhood although so close to Brickell and Downtown Miami – about a 3 min drive-, with a good number of schools within a driving distance. Not to mention the excellent MAST Academy located on Virginia Key.
Is it ranked #5 of 25 for the best neighborhoods to live in Miami, especially for young professionals. It is also ranked #6 to raise a family – 23% of residents were families with children in 2022.