Majestic Estates
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of October 2026, Majestic Estates 1ST Addn in FL has 2 homes for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $665,000, $373 per square foot, a median 31 days on market, sellers accepting 99% of original asking (+7% versus the prior year). Homes listed or recently sold were built 1996–1999. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $11,700 ($10,990 with the full homestead exemption).
Last 30 days in Majestic Estates: 1 new listing (median asking $650,000), 1 under contract right now. As of October 17, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.
Majestic Estates right now
🟡 Still climbing. The trailing-12-month median ($665K) is up 6.6% from the prior 12 months ($624K) and up 269% since 2012. With about 5 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 (5 and 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· 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
Majestic Estates market snapshot (as of September 20, 2026): the median sale price is about $665K ($373 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales. The trailing-12-month median is up 7% from the prior 12 months and up 269% since 2012, computed from record-level MIAMI MLS closed sales (5 closings in the current window).
In ZIP 33187, 95 homes closed in the last 12 months at a median of $700K ($345/sq ft), down 0.1% year over year, with a median 68 days on market. Right now 56 active and 12 pending listings — a buyer's market. See the live ZIP 33187 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 227 homes in MAJESTIC ESTATES that have changed hands since 2006, built between 1996 and 2001 (median 1998), with a median living area of about 1,777 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.
The setting & the homes.
Aerial and on-site photos of Majestic Estates. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Majestic Estates
Majestic Estates
Majestic EstatesPhotos from MIAMI MLS listings in Majestic Estates; content deemed reliable but not guaranteed.
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 ($665K) IS the median in the snapshot above, and the move from 2025 ($624K) IS the +6.6% one-year change.
Windows contain 1 to 11 sales each (5 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.
23% of homes for sale in ZIP 33187 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).
Majestic Estates Market Scorecard
Majestic Estates is currently a balanced market., a median asking price of $637,500, and homes go under contract in about 52 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 Majestic Estates
Live MLS inventory for Majestic 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 Majestic Estates listings as of 2026-10-17, 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.
The Majestic Estates buying strategy.
If we were buying in Majestic 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 Majestic Estates.
A closer look at the Majestic Estates market
At a median of $373 per square foot, Majestic Estates prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median up 7% year over year. Homes that do trade take a median 31 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Majestic Estates. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Majestic Estates buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (9.0). Basis: Long-Term Appreciation +269% since 2012; Recent Direction +6.6% year-over-year; Pricing Power 99.2% sale-to-list. Refreshed with each data update.
What it really costs to own in Majestic Estates
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $10,032/yr across 3 listings here (MLS tax records, 2026-10-18). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1997 across 3 listings. An original roof here would be about 29 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Majestic Estates
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Majestic Estates
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Majestic Estates will answer, and the answer is published on this page for the next buyer.
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 Majestic 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 Majestic Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Majestic 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 Majestic Estates home worth?
Get a no-obligation home value based on real comparable sales in Majestic 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.
See homes for sale in Majestic Estates on the map →
| Location | Miami-Dade County, FL · ZIP 33187 |
|---|---|
| Sale prices, last 12 months | $665,000 median across 5 closed sales · $373 per sq ft · +6.6% vs the prior 12 months |
| Days on market (closed sales) | 31 median |
| For sale right now | 2 active, 0 pending · median asking $637,500 |
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 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Majestic Estates key facts,” movewithmomentum.com/neighborhoods/majestic-estates-1st-addn, data as of September 20, 2026.
Just listed in Majestic Estates
The newest homes for sale in Majestic Estates right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 15413 SW 178Th St $650,000 · 4 bd · 2 ba · 1,631 sq ft · 3 days on market Courtesy of Lopez & Hurst Realty, Inc.
- 15431 SW 177Th Ter $650,000 · 3 bd · 2 ba · 1,618 sq ft · 52 days on market Courtesy of The Keyes Company
Checked against the MLS Oct 18, 2026. All new listings in this market.
Every Home for Sale in Majestic Estates 1St Addn Right Now (3)
All 3 active and pending Majestic Estates 1St Addn listings with a detail page, newest first, refreshed twice a day from the MLS.
- 15413 SW 178th St · $650,000 · 4 bd / 2 ba · listed Sep 30, 2026 · listed by Lopez & Hurst Realty, Inc.
- 15421 SW 177th Ter · $595,000 · 4 bd / 2 ba · pending · listed Sep 3, 2026 · listed by The Keyes Company
- 15431 SW 177th Ter · $650,000 · 3 bd / 2 ba · listed Aug 23, 2026 · listed by The Keyes Company
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Recent Developments in Majestic Estates 1st Addn
Development, infrastructure, retail, and school activity affecting Majestic Estates 1st Addn, 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 6 miles east of Majestic Estates 1st Addn.
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 5 miles east of Majestic Estates 1st Addn.
Source: Florida YIMBY - September 2026Development
University of Miami agreement with Coral Gables would add a hospital of up to 100 beds
A development agreement would allow construction of a hospital with up to 100 beds on the university's Coral Gables campus, offering inpatient, outpatient and emergency care. The agreement would also reshape the campus, which includes the Gables Village residential complex of 1,458 beds slated for mid-2029. Cost, size and timeline for the hospital were not stated.
What it may mean for the marketA campus hospital would add inpatient and emergency care capacity and healthcare employment in the Coral Gables area. The site is about 7 miles south of Majestic Estates 1st Addn.
Source: Miami Today - September 2026Market
Lenders file foreclosure suit over Metro Parc South in Hialeah
Scale Lending filed suit on September 22 alleging default on $31.1 million in construction loans for MG Developer's planned 10-story, 347-unit third phase of Metro Center near East 24th and 25th streets. The project had a $105 million financing package, and the developer says it is in good-faith talks with lenders.
What it may mean for the marketThe dispute puts the timing of 347 planned Hialeah apartments in question, which could affect near-term rental supply. The site is about 2 miles north of Majestic Estates 1st Addn.
Source: Hoodline - 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 6 miles southeast of Majestic Estates 1st Addn.
Source: Local 10 News - September 2026Infrastructure
County committee reviews $101 million contract for MIA North Terminal baggage screening machines
A county committee is reviewing a $101 million contract to replace 25 explosives detection machines in the North Terminal's baggage-handling system at Miami International Airport. The work would take about four and two-thirds years and be phased to limit disruption.
What it may mean for the marketBaggage system upgrades at the airport support passenger throughput and airport-related operations over several years. The site is about 2 miles south of Majestic Estates 1st Addn.
Source: Miami Today
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
What is the median home price in Majestic Estates?
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Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: October 17, 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 2012 (77 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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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.
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See how MAJESTIC ESTATES 1ST ADDN fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Majestic Estates
- Home values · What homes in Majestic Estates actually sell for
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