Neighborhood Spotlight: SoFi on South Beach
The South of Fifth neighborhood, also known as SoFi, has become one of the most sought-after sections of Miami Beach. Residents enjoy expansive ocean views, a gorgeous waterfront park and delicious restaurants, all within walking distance.
The SoFi neighborhood boundaries include the area South of Fifth Street, specifically beginning at the median or center line of Fifth Street and ending at the body of water known as Government Cut, and extending from the Atlantic Ocean to Biscayne Bay. The peninsula is home to some of the most expensive high-rise buildings in Miami.
SoFi first became hot in the mid '90s when developer Jorge Pérez of the Related Group bought 22.5 acres of the neighborhood for $125 million and began to rebrand the area as “South of Fifth.” One of the Related Group’s newest projects is Marea Miami Beach, a new 30-unit condo building across from the Apogee, a luxury high-rise.
Tour SoFi on South BeachView All 7 Photos
While luxury condo towers make up most of the neighborhood that lines the water, the center of the area features townhouses and some of Miami’s most famous restaurants including Joe’s Stone Crab and Prime 112.
“RED The Steakhouse is one of my favorite places to walk to,” said Katie Phang, an attorney who lives in the neighborhood. “SoFi is very pedestrian friendly. You can walk everywhere, including South Pointe Park.”
South Pointe Park is an 18-acre oceanfront park where residents enjoy biking along the beach path, walking their dogs, picnicking with the family or watching the sunset over Fisher Island.
“The vibe isn’t typically what people think of when they think of South Beach. You're so close to the hustle and bustle of Lincoln Road and Ocean Drive, but SoFi is more tranquil,” said Katie.
Waterfront Townhome Listing at the Murano in SoFi
- Location: 1000 S. Pointe Drive, Miami Beach, FL
- Listed By: Dina Goldentayer, One Sotheby's International Realty
- Price: $4,595,000