New Wave
Condos for Sale in Miami, FL

New Wave Condo market snapshot (as of September 20, 2026): the median sale price is about $540K ($635 per sq ft over the trailing 12 months of closed sales), and a median 51 days on market for closed sales.

In ZIP 33137 (Miami), 486 homes closed in the last 12 months at a median of $650K ($670/sq ft), down 3.2% year over year, with a median 91 days on market. Right now 458 active and 41 pending listings put supply at about 12.0 months — a soft market. See the live ZIP 33137 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 10 homes in New Wave Condo that have changed hands since 2021, built between 2006 and 2006 (median 2006), with a median living area of about 950 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

New Wave Condo sits in Miami-Dade County, pricing at a median of $685,000 on a small recent closings sample, with a per-square-foot figure that places it firmly in condo-market territory rather than entry-level stock.

Six closings is not enough to draw a firm trend line, but it is enough to establish a price level: $685,000 median, $641.18 per square foot. That per-foot number is the more durable data point of the two — it is less distorted by any one outlier unit size than the median price is by itself. Anyone pricing a listing here or evaluating an offer should lean on price-per-square-foot as the sanity check rather than the median alone.

A median of 43 days on market points to a deliberate buyer pool rather than a rushed one. That is consistent with condo purchases generally, where buyers are also underwriting association fees, reserve health, and building rules alongside the unit itself. Because no community amenities are identified in the current MLS data, buyers should treat that as a prompt to ask directly rather than assume — some buildings simply are not marketed on amenities, and that has no bearing on unit quality or location value.

With only six closings feeding the current numbers, pricing a unit here correctly takes judgment, not just a formula — we look past the headline median to price-per-square-foot and condition to position a listing or an offer accurately. We also push past what MLS data does show, or in this case does not show, to get clear answers on building specifics before you are under contract.

Listings in this community report association dues of about $1,203 per month ($14,436 a year) — the median AssociationFee across 19 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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