Fantasy Reef
Homes for Sale in Miami, FL

All 4,610 homes for sale in Miami, FL · median $518,425 · 155 homes for sale in 33196 · Miami-Dade County homes for sale

Community in Miami · Miami-Dade County · ZIP 33196
Median sale $700K
Free · No obligation
Talk to a Fantasy Reef Expert

True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
33/100
Market Heat
Cooler than normal
2014 → 2026 · 79 at the 2014 peak
0 is Fantasy Reef's coldest market since 2014, 100 its hottest. Today: 33. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $700,000, $404 per square foot, a median 48 days on market, sellers accepting 96% of original asking (+6% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $12,320 ($11,600 with the full homestead exemption).

FANTASY REEF key facts
LocationMiami, Miami-Dade County, FL · ZIP 33196
Sale prices, last 12 months$700,000 median across 3 closed sales · $404 per sq ft · +6.1% vs the prior 12 months
Days on market (closed sales)48 median
For sale right now0 active, 1 pending

Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “FANTASY REEF key facts,” movewithmomentum.com/neighborhoods/fantasy-reef, data as of September 20, 2026.

Live · Fantasy Reef Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$700K ▲
Median sold · 12 mo
up 6.1% vs the prior 12 months
+6.1% ▲
1-yr price change
n = 3 and 5 sales in the two windows
$404/sf
Sold $/sqft · 12 mo
peak $418 in 2024
96.0%
Sale vs ask
Tempo
48days
Median DOM · closed
7 days at the 2023 low
100%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
0 · 1
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 14 years of records
1,768sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

FANTASY REEF is showing very little in the way of recent, verifiable MLS activity. With only a short closings window to look at and no amenity data attached to current listings, there simply is not enough transaction history to point to a reliable median price or a clear pricing pattern right now.

For a buyer or seller, that means going in with eyes open: pricing here has to be built from a direct comparison to individual listings and recent closings rather than from a community-wide trend, because the trend line does not yet exist in usable form.

Fantasy Reef Housing Pulse · Momentum Research · as of September 20, 2026

Fantasy Reef right now

🟡 Still climbing. The trailing-12-month median ($700K) is up 6.1% from the prior 12 months ($660K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 20. Confidence: Low (3 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 2, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Fantasy Reef market snapshot (as of September 20, 2026): the median sale price is about $700K ($404 per sq ft over the trailing 12 months of closed sales), and a median 48 days on market for closed sales. The trailing-12-month median is up 6% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).

In ZIP 33196 (Miami), 355 homes closed in the last 12 months at a median of $588K ($329/sq ft), up 0.7% year over year, with a median 53 days on market. Right now 145 active and 42 pending listings — a balanced market. See the live ZIP 33196 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 76 homes in FANTASY REEF that have changed hands since 2006, built between 2001 and 2006 (median 2002), with a median living area of about 1,872 sq ft and a typical 4-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.

FANTASY REEF, in Miami-Dade County, currently has too thin a data trail to characterize with confidence — a useful reminder that not every community can be summarized in a headline number, and this is one of them right now.

Best for

  • Buyers targeting a specific property in FANTASY REEF rather than shopping the community broadly
  • Sellers who can supply detailed, property-level documentation to support a price where community data is thin
  • Investors comfortable underwriting a deal from individual comps rather than a published market trend

Probably not for

  • Buyers who want a clear median price and established trend line before making an offer
  • Sellers expecting a community-wide comparable set to justify their asking price
  • Anyone unwilling to do extra diligence in the absence of standard MLS market data

Windows contain 0 to 9 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$400K$600K20122014201620182020202220242026
Up 6.1% year over year.
Every sale since 2012 · price vs size
$0$250K$500K$750K2k2k2k
64 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$300$40020122014201620182020202220242026
Up from $107 in 2012 to a $418 peak in 2024; $404 now.
Median days on market · closed sales
204020122014201620182020202220242026
7 days at the 2023 low; 48 now.
Sale price vs original ask · median
96%98%100%20122014201620182020202220242026
96.0% now.
Homes sold per 12-mo window
025820122014201620182020202220242026
0 to 9 a year; 3 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014202020242026
79 at the 2014 peak, 20 in the troughs, 33 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,210/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

22% of homes for sale in ZIP 33196 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-21).

Fantasy Reef Market Scorecard

Balanced

Fantasy Reef is currently a balanced market..

$700,000
Median sold
0/1/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Fantasy Reef

Live MLS inventory for Fantasy Reef. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Fantasy Reef listings as of 2026-09-23, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.

Every Home for Sale in Fantasy Reef Right Now (1)

All 1 active and pending Fantasy Reef listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 14200 SW 160th Ct · $835,000 · 4 bd / 3 ba · pending · listed Jul 2, 2026 · listed by Solid Rock Real Estate, Inc.

If we were buying in Fantasy Reef today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Fantasy Reef.

Best Buy
Buyers and sellers comfortable making decisions from direct comparables rather than a published community trend.
Biggest Risk
Pricing without a reliable median or track record carries real uncertainty on both sides of a deal.
Sweet Spot
Works best for a buyer or seller already focused on a specific listing rather than the community as a whole.
Avoid If
Skip this one if you need a clear, data-backed price trend before you can move forward with confidence.

Reading a quiet data set

When a community shows a short closings window and no listed amenities in the current MLS feed, it usually means one of two things: activity is genuinely light, or the properties that do exist are moving through channels that leave little standardized data behind. Either way, the honest move is not to manufacture a market narrative that the numbers do not support.

That does not mean FANTASY REEF is untouchable — it means any offer, listing strategy, or valuation conversation here should lean on a direct pull of comparable, individual sales rather than a community average, since there is not yet a community average worth quoting.

“

The location and the amenities are priced into every listing in Fantasy Reef. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a data-light community like this, the value we bring is not a polished market report — it is knowing how to build a credible price opinion from limited comparables, verify what is actually available, and tell you plainly when the numbers are not there yet to support a decision either way.

Fantasy Reef in 15 seconds.

Best forBuyers and sellers comfortable making decisions from direct comparables rather than a published community trend.
Biggest advantageA market with little standardized data can mean less competition from buyers relying on automated tools.
Biggest riskPricing without a reliable median or track record carries real uncertainty on both sides of a deal.
Sweet spotWorks best for a buyer or seller already focused on a specific listing rather than the community as a whole.
Avoid ifSkip this one if you need a clear, data-backed price trend before you can move forward with confidence.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Fantasy Reef homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Fantasy Reef.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Fantasy Reef sales matched to your home.

What is your Fantasy Reef home worth?

Get a no-obligation home value based on real comparable sales in Fantasy Reef, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Miami →

Real comps, not an automated estimate.

Recently off market in FANTASY REEF

Homes in FANTASY REEF that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

Frequently Asked Questions

What is the median home price in Fantasy Reef?
The median sale price in Fantasy Reef was $700K over the 12 months ending September 20, 2026 (3 closed sales, MIAMI MLS).
How long do homes in Fantasy Reef take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 48 days on market (3 sales, MIAMI MLS).
Who is the best real estate agent for Fantasy Reef?
The best agent for Fantasy Reef is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Fantasy Reef.
How do I find a top Miami real estate agent who knows Fantasy Reef?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Fantasy Reef and the wider Miami area.
Can Momentum Realty connect me with an agent for Fantasy Reef?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Fantasy Reef purchase or sale - no call center and no pressure.
Where is Fantasy Reef, and what county is it in?
Fantasy Reef is in Miami, Miami-Dade County, FL, ZIP 33196.
Buyers targeting a specific property in FANTASY REEF rather than shopping the community broadlyExcellent fit
Sellers who can supply detailed, property-level documentation to support a price where community data is thinExcellent fit
Investors comfortable underwriting a deal from individual comps rather than a published market trendExcellent fit
Buyers who want a clear median price and established trend line before making an offerProbably not
Sellers expecting a community-wide comparable set to justify their asking priceProbably not
Anyone unwilling to do extra diligence in the absence of standard MLS market dataProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 23, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2012 (64 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Thinking of selling in FANTASY REEF? 3 recorded closings; median 48 days on market (window ending 2026-09-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

More on Fantasy Reef

Nearby Communities

Explore more neighborhoods near Fantasy Reef with Momentum Realty’s local guides.

Paradise Reef0.1 mi away · median $810K, 3 sales/12 moRoseway0.3 mi awaySerenity (Miami Dade)0.3 mi awayCrestview West0.3 mi away · median $825K, 9 sales/12 moROReplat Of Portions Of Rich0.3 mi awayMilon Venture0.4 mi away · median $670K, 8 sales/12 moCentury Gardens South0.5 mi away · median $575K, 6 sales/12 moOak Creek North0.5 mi away · median $635K, 7 sales/12 mo

Browse all neighborhood guides →

Talk to a Local Fantasy Reef Expert
Call Get Listings