Portofino Bay
Homes for Sale in Homestead, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of October 2026, Portofino Bay in FL has 5 homes for sale and 1 pending, asking from $349,900 to $490,000 (median $439,900). Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $412,000, $233 per square foot, a median 66 days on market, sellers accepting 81% of original asking (-5% versus the prior year). Homes listed or recently sold were built 2003–2004; 6 of 6 report an HOA (median $135/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $7,250 ($6,530 with the full homestead exemption).
Last 30 days in Portofino Bay: 2 new listings (median asking $464,950), 1 under contract right now. As of October 20, 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.
Homes For Sale Right Now in Portofino Bay
Live MLS inventory for Portofino Bay. 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 Portofino Bay 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 2012 through 2026. Tap any home to ask about it.
Portofino Bay right now
🟡 Off the recent peak. The trailing-12-month median ($412K) is down 4.7% from the prior 12 months ($432K) and up 265% since 2012. With about a dozen 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 6 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 20, 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
Portofino Bay market snapshot (as of September 20, 2026): the median sale price is about $412K ($233 per sq ft over the trailing 12 months of closed sales), and a median 67 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months and up 265% since 2012, computed from record-level MIAMI MLS closed sales (4 closings in the current window).
In ZIP 33030, 356 homes closed in the last 12 months at a median of $540K ($342/sq ft), up 4.2% year over year, with a median 62 days on market. Right now 153 active and 47 pending listings put supply at about 48.0 months — a buyer's market. See the live ZIP 33030 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 177 homes in PORTOFINO BAY that have changed hands since 2006, built between 2003 and 2004 (median 2004), with a median living area of about 1,458 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.
The setting & the homes.
Aerial and on-site photos of Portofino Bay. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Portofino BayPhotos from MIAMI MLS listings in Portofino Bay; 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 ($412K) IS the median in the snapshot above, and the move from 2025 ($432K) IS the -4.7% one-year change.
Windows contain 3 to 17 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 2012 through 2026. Deemed reliable but not guaranteed.
21% of homes for sale in ZIP 33033 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 (2026-10-20).
Portofino Bay Market Scorecard
Portofino Bay is currently a balanced market., a median asking price of $439,900, and homes go under contract in about 3 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.
The Portofino Bay buying strategy.
If we were buying in Portofino Bay 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 Portofino Bay.
A closer look at the Portofino Bay market
At a median of $233 per square foot, Portofino Bay 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 down 5% year over year. Homes that do trade take a median 67 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Portofino Bay. 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 Portofino Bay 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 (4.9). Basis: Long-Term Appreciation +265% since 2012; Recent Direction -4.7% year-over-year; Pricing Power 81.1% sale-to-list. Refreshed with each data update.
What it really costs to own in Portofino Bay
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 $8,101/yr across 6 listings here (MLS tax records, 2026-10-20). |
|---|---|
| HOA dues | Median $136/month across 6 MLS listings (most billed monthly; 2026-10-20). Dues cover what the documents say they cover; ask for the budget and reserve study. |
| 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 2004 across 6 listings. An original roof here would be about 22 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. |
Estimated carrying cost at the median asking price, before the mortgage: about $969/month (tax $675, HOA $136, insurance $158). An estimate from the sources above, not a quote.
Email me new listings in Portofino Bay
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 Portofino Bay
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Portofino Bay will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $136/month (about $1,626/yr) · median of 6 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $136 per month ($1,626 a year) — the median AssociationFee across 6 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, 2026-10.
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 Portofino Bay 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 Portofino Bay sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Portofino Bay, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Portofino Bay home worth?
Get a no-obligation home value based on real comparable sales in Portofino Bay, 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 Portofino Bay on the map →
Recently off market in PORTOFINO BAY
Homes in PORTOFINO BAY 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. 1 on record.
- 2101 NE 37th Ter · off market
| Location | Miami-Dade County, FL · ZIP 33030, 33033, 33035 |
|---|---|
| Home types (current listings and sales) | singlefamilyresidence 100% |
| Sale prices, last 12 months | $412,000 median across 4 closed sales · $233 per sq ft · -4.7% vs the prior 12 months |
| Days on market (closed sales) | 66 median |
| For sale right now | 5 active, 1 pending · median asking $439,900 |
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, “Portofino Bay key facts,” movewithmomentum.com/neighborhoods/portofino-bay--miami-dade, data as of September 20, 2026.
Just listed in Portofino Bay
The newest homes for sale in Portofino Bay right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 3710 NE 22Nd Pl $490,000 · 3 bd · 2 ba · 1,610 sq ft · new today Courtesy of AVYA Corp
- 2327 NE 37Th Ter $439,900 · 3 bd · 2 ba · 1,426 sq ft · 1 day on market Courtesy of EXP Realty LLC
- 2240 NE 37Th Rd $450,000 · 3 bd · 2 ba · 1,250 sq ft · 48 days on market Courtesy of Lifestyle International Realty
- 2110 NE 37Th Road $349,900 · 3 bd · 2 ba · 1,250 sq ft · 50 days on market Courtesy of Mainstay Brokerage LLC
- 2160 NE 37Th Rd $435,000 · 3 bd · 2 ba · 1,610 sq ft · 150 days on market Courtesy of The Keyes Company
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Portofino Bay Miami Dade Right Now (6)
All 6 active and pending Portofino Bay Miami Dade listings with a detail page, newest first, refreshed twice a day from the MLS.
- 3710 NE 22nd Pl · $490,000 · 3 bd / 2 ba · listed Sep 11, 2026 · listed by AVYA Corp
- 2240 NE 37th Rd · $450,000 · 3 bd / 2 ba · listed Sep 7, 2026 · listed by Lifestyle International Realty
- 3745 NE 23rd Ct · $425,000 · 3 bd / 2 ba · pending · listed Sep 4, 2026 · listed by Florida Realty & Management Corp
- 2110 NE 37th Road · $349,900 · 3 bd / 2 ba · listed Aug 27, 2026 · listed by Mainstay Brokerage LLC
- 2327 NE 37th Ter · $439,900 · 3 bd / 2 ba · listed Aug 14, 2026 · listed by EXP Realty LLC
- 2160 NE 37th Rd · $435,000 · 3 bd / 2 ba · listed Jul 22, 2026 · listed by The Keyes Company
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Recent Developments in Portofino Bay Miami Dade
Development, infrastructure, retail, and school activity affecting Portofino Bay Miami Dade, 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 northwest of Portofino Bay Miami Dade.
Source: Florida YIMBY - October 2026Builder Activity
Swire Properties breaks ground on Residences at Mandarin Oriental, Miami on Brickell Key
Swire Properties started construction at 500 Brickell Key Drive and 750 Claughton Island Drive on two towers, 66 stories (850 feet) and 33 stories (426 feet). The project includes 326 residences and a 121-room hotel, with Moss as general contractor and completion scheduled for 2030.
What it may mean for the marketAdds multi-year construction activity and future hotel and residential supply on Brickell Key, near the Brickell employment core. The site is about 2 miles west of Portofino Bay Miami Dade.
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 1 mile northeast of Portofino Bay Miami Dade.
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 4 miles northwest of Portofino Bay Miami Dade.
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 3 miles west of Portofino Bay Miami Dade.
Source: Local 10 News - May 2026Development
Miami Beach board approves Terra's 106-unit luxury condo tower at 1250 West Avenue
Miami Beach's Design Review Board granted unanimous approval for a 330-foot condo tower with 106 units at 1250 West Avenue, developed by Terra Group with RG Development Group and GV Development. The building would replace a 15-story, 238-unit condo constructed in 1964 and include two penthouses with rooftop pools and ground-floor commercial space.
What it may mean for the marketAdds a new luxury condo tower to the West Avenue corridor, replacing an aging mid-century building with a taller structure and ground-floor retail space, reshaping the bayfront skyline and local housing stock. The site is about 2 miles north of Portofino Bay Miami Dade.
Source: The Real Deal
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 Portofino Bay?
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Can Momentum Realty connect me with an agent for Portofino Bay?
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 2012 (132 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 Portofino Bay
- Home values · What homes in Portofino Bay actually sell for
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