Flagler Waterway Estates
Homes for Sale in Miami, FL
All 4,708 homes for sale in Miami, FL · median $520,000 · 26 homes for sale in 33144 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of October 2026, Flagler Waterway Estates in Miami, FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $1,527,500, $487 per square foot, a median 73 days on market, sellers accepting 93% of original asking (+39% 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 $26,870 ($26,160 with the full homestead exemption).
Flagler Waterway Estates trades on price per square foot more than on comparable-to-comparable bidding. At a median of $353.54 per square foot against a $1,355,000 median price, this is a market where lot position, waterfrontage, and finish level do most of the work — and with only three closings in the current window, any single sale can move the read on value more than it would in a higher-volume community.
A median 116 days on market and a market heat score of 39 point to a deliberate, low-urgency pace. Sellers here are not getting rewarded for testing the top of the range, and buyers who do their homework on comparables have room to negotiate on terms and timeline rather than racing a competing offer.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Flagler Waterway Estates right now
🟢 Still climbing. The trailing-12-month median ($1.53M) is up 38.9% from the prior 12 months ($1.10M). 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 (4 and 5 sales in the two windows).
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· Updated October 18, 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
Flagler Waterway Estates market snapshot (as of September 20, 2026): the median sale price is about $1.53M ($487 per sq ft over the trailing 12 months of closed sales), and a median 73 days on market for closed sales. The trailing-12-month median is up 39% from the prior 12 months, computed from record-level MIAMI MLS closed sales (4 closings in the current window).
In ZIP 33144 (Miami), 113 homes closed in the last 12 months at a median of $680K ($457/sq ft), up 2.9% year over year, with a median 50 days on market. Right now 27 active and 12 pending listings — a balanced market. See the live ZIP 33144 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 65 homes in FLAGLER WATERWAY ESTATES that have changed hands since 2006, built between 1949 and 2025 (median 1975), with a median living area of about 3,435 sq ft and a typical 4-bedroom, 3.5-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.
A low-volume, waterfront-oriented Miami-Dade enclave where price is set less by broad demand and more by the specific lot and home in front of you.
Who Flagler Waterway Estates is best for.
Best for
- Buyers targeting a specific waterfront lot or home and willing to underwrite the price on that property's own merits
- Sellers with a well-maintained or updated home who can support a premium price per square foot with documentation
- Buyers comfortable with a longer marketing timeline in exchange for negotiating room
Probably not for
- Buyers who want a large, active comparable pool to benchmark price with confidence
- Sellers expecting a quick sale driven by high buyer competition
- Anyone relying on the year-over-year percentage alone as a forecast for the next transaction
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.53M) IS the median in the snapshot above, and the move from 2025 ($1.10M) IS the +38.9% one-year change.
Windows contain 0 to 6 sales each (4 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 2015 through 2026. Deemed reliable but not guaranteed.
37% of homes for sale in ZIP 33144 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 (2026-10-18).
Flagler Waterway Estates Market Scorecard
Flagler Waterway Estates is currently a balanced market., a median asking price of $1,799,500, and homes go under contract in about 42 days.
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 Flagler Waterway Estates
Live MLS inventory for Flagler Waterway Estates. 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 Flagler Waterway Estates listings as of 2026-10-18, 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 2015 through 2026. Tap any home to ask about it.
The Flagler Waterway Estates buying strategy.
If we were buying in Flagler Waterway Estates today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Flagler Waterway Estates.
A market that moves on the individual property, not the trend line
The 11.3% year-over-year increase in this community should be read alongside the closings count, not instead of it. With only three transactions in the current window, a single high-end or unusually well-positioned sale can swing the year-over-year number well beyond what a broader, more liquid market would show. That does not make the number wrong — it makes it a signal to verify against the specific comparable, not a guarantee of what the next closing will do.
The 116-day median days on market is the more stable indicator of current posture. It tells you this is not a community where pricing errors get corrected quickly by a wave of backup offers. Homes that are priced to the specific lot, condition, and waterway access tend to move; homes priced against the county-wide trend without accounting for those specifics tend to sit.
The location and the amenities are priced into every listing in Flagler Waterway Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with this few closings, the comparable-selection work matters more than the search itself. We pull the actual recent sales, weight them for lot and waterway position, and give you a defensible number before you write an offer or set a list price — rather than leaning on a countywide average that will not hold up to scrutiny in a market this thin.
Flagler Waterway Estates in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Flagler Waterway Estates buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Flagler Waterway Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Flagler Waterway Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Flagler Waterway Estates home worth?
Get a no-obligation home value based on real comparable sales in Flagler Waterway Estates, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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| Location | Miami, Miami-Dade County, FL · ZIP 33144, 33174 |
|---|---|
| Sale prices, last 12 months | $1,527,500 median across 4 closed sales · $487 per sq ft · +38.9% vs the prior 12 months |
| Days on market (closed sales) | 73 median |
| For sale right now | 2 active, 0 pending · median asking $1,799,500 |
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 2015 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Flagler Waterway Estates key facts,” movewithmomentum.com/neighborhoods/flagler-waterway-estates, data as of September 20, 2026.
More Miami home searches
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Grand Canal Drive (10 homes on record)
- SW 2Nd Street (8 homes on record)
- SW 5Th Street (7 homes on record)
- SW 2 Street (7 homes on record)
- SW 5 Street (6 homes on record)
- SW 4 Street (5 homes on record)
- SW 4Th Street (4 homes on record)
- SW 82Nd Avenue (3 homes on record)
- SW 84Th Avenue (3 homes on record)
- Grand Canal Drive (3 homes on record)
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Ask an agent about Flagler Waterway Estates
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Recent Developments in Flagler Waterway Estates
Development, infrastructure, retail, and school activity affecting Flagler Waterway Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Development
Casa Bella Residences opens at 1400 Biscayne Boulevard in Downtown Miami
Related Group and Alta Developers completed the 56-story, 650-foot tower with 319 residences, including 10 penthouses. Closings are underway and first residents have moved in, with more than 90 percent of homes reported under contract. Construction began in November 2023.
What it may mean for the marketAdds 319 completed homes to the downtown Biscayne corridor, close to existing transit, offices and dining. The site is about 3 miles south of Flagler Waterway Estates.
Source: Florida YIMBY - October 2026Development
Tula Residences tops out at 7918 West Drive in North Bay Village
The 21-story, 54-unit condominium building developed by Pacific & Orient Properties reached its full height. Bayshore Grove Capital oversees development and construction. Completion is anticipated in the third quarter of 2027.
What it may mean for the marketAdds 54 homes to the North Bay Village inventory on the Biscayne Bay islands between Miami and Miami Beach. The site is about 2 miles northeast of Flagler Waterway Estates.
Source: Florida YIMBY - October 2026Development
Sweetbird North breaks ground at 95 NE 40th Street in the Miami Design District
Miami Design District Associates and Raycliff Capital began an eight-story, 120,500 square foot building with more than 92,000 square feet of office and about 22,500 square feet of retail. Atria Health and Research Institute leased about 55,000 square feet and 26North will also join. Completion is expected in early 2028.
What it may mean for the marketAdds office space and ground-floor retail in the Design District, increasing nearby daytime employment and shopping options. The site is about 2 miles southwest of Flagler Waterway Estates.
Source: Florida YIMBY - October 2026Development
Crescent Heights revises workforce housing tower plans at 824 Alton Road
Revised plans call for a 39-story tower over 500 feet with 149 residences, up from 120, including 72 workforce units and 77 market-rate units. The developer is seeking height and density increases under the Live Local Act. The plan includes over 2,500 square feet of ground-floor retail and a 156-space parking podium; no approval has been reported.
What it may mean for the marketIf approved, would add workforce-priced rental supply near Miami Beach job centers and shops. The site is about 5 miles southeast of Flagler Waterway Estates.
Source: Florida YIMBY - September 2026Civic
Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate
County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.
What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 4 miles south of Flagler Waterway Estates.
Source: Local 10 News - July 2026Development
Two-tower Gwen Cherry Residences slated for 170 NE 67th Street
Redwood Development Co. and Magasi, in partnership with Miami-Dade County, planned Gwen Cherry Residences, a 154-unit development across two towers of 11 and 10 stories at 170 NE 67th Street on a 1.6-acre site. The project includes 233 parking spaces and 7,700 square feet of ground-floor retail, replacing aging public housing from the 1970s that holds 24 units.
What it may mean for the marketReplaces older low-density public housing with two mid-rise towers, expanding the unit count on the site and adding ground-floor retail and structured parking. The site is less than a mile west of Flagler Waterway Estates.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
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Should you buy in Flagler Waterway Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: October 18, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2015 (39 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.
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More on Flagler Waterway Estates
- Home values · What homes in Flagler Waterway Estates actually sell for