Cravero Lake Shore Estate
Homes for Sale in Miami, FL

Cravero Lake Shore Estate market snapshot (as of September 20, 2026): the median sale price is about $462K ($359 per sq ft over the trailing 12 months of closed sales), and a median 72 days on market for closed sales. The trailing-12-month median is down 16% from the prior 12 months, computed from record-level MIAMI MLS closed sales (4 closings in the current window).

In ZIP 33147 (Miami), 181 homes closed in the last 12 months at a median of $462K ($368/sq ft), up 3.3% year over year, with a median 45 days on market. Right now 39 active and 33 pending listings — a healthy market. See the live ZIP 33147 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 44 homes in CRAVERO LAKE SHORE ESTATE that have changed hands since 2016, built between 1952 and 1966 (median 1953), with a median living area of about 1,582 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Cravero Lake Shore Estate is currently a thin, slow-turning slice of the Miami-Dade market, with pricing and pace shaped more by individual property condition and negotiation than by any broad demand wave.

At a median price per square foot of $405.48, per-unit value here sits in a range that still requires case-by-case scrutiny — small differences in finish level or lot condition can move a home meaningfully relative to that midpoint. The 19.1% year-over-year decline in median price is the headline fact for anyone comparing this year's expectations to last year's outcomes; it suggests the market has repriced downward rather than simply slowed.

The four-closing window behind these numbers is small, so trends should be read as a signal to watch rather than a locked-in pattern. Combined with a market heat score of 18, the data describes a community where listings sit longer, price reductions are common tools rather than exceptions, and no amenity package is currently documented in MLS listings to offset that pace with added draw.

In a market this thin, pricing strategy and negotiation leverage matter more than usual — a single comparable can swing the read on value, and a 104-day median hold time means both offer strategy and listing strategy need to account for a longer runway. We work the current data set closely, flag when a number is based on limited closings, and help buyers and sellers set expectations that match what the market is actually doing right now, not what it did a year ago.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.