The Madison
Condos for Sale in Miami Beach, FL

The Madison Condo market snapshot (as of September 20, 2026): the median sale price is about $288K ($648 per sq ft over the trailing 12 months of closed sales), and a median 182 days on market for closed sales.

In ZIP 33140 (Miami Beach), 1,116 homes closed in the last 12 months at a median of $570K ($327/sq ft), up 3.9% year over year, with a median 70 days on market. Right now 727 active and 140 pending listings — a buyer's market. See the live ZIP 33140 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 11 homes in THE MADISON Condo that have changed hands since 2018, built between 1941 and 1941 (median 1941), with a median living area of about 444 sq ft and a typical 1-bedroom, 1-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.

THE MADISON CONDO in Miami-Dade County is currently trading at a $290,000 median price and a $657.27 median price per square foot, with a 162-day median time on market reflecting a deliberate, low-volume sales pace.

The gap between the median price and the price per square foot is worth sitting with. At $657.27 per square foot on a $290,000 median, the math implies smaller floor plans rather than a discount market — this is a building where unit size, not price point, is the main variable buyers are solving for. Anyone comparing this per-square-foot figure to larger condo product elsewhere in the county should expect the comparison to look expensive on paper even when the total price is approachable.

The 162-day median days on market is the figure that should shape strategy on both sides. For sellers, it argues for pricing to the current data rather than testing the top of the range, since the current environment does not reward overreach. For buyers, it means there is generally time to do diligence, line up financing, and negotiate rather than compete against a fast clock. With only 5 recorded closings in this window, treat every stat here as directional — useful for setting expectations, not as a guarantee of what the next transaction will look like.

In a building where closing volume is thin and the per-square-foot rate runs high relative to the median price, interpreting each new listing or sale correctly matters more than in a high-volume market. We track how THE MADISON CONDO trades in real time, so pricing conversations — on either side of a deal — start from what is actually closing, not from assumption.

Listings in this community report association dues of about $560 per month ($6,720 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, 2026-09.

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