Momentum Housing Data · Home Values · Miami-Dade County

CRAVERO LAKE SHORE ESTATE Home Values: What Homes Actually Sell For

Buying here? See Cravero Lake Shore Estate homes for sale and the Cravero Lake Shore Estate community guide (Miami).

CRAVERO LAKE SHORE ESTATE (FL): 4 recorded closings in the 12 months ending 2026-07-20, an 8-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

Median sold price
$507,500
-19.1% vs prior year · window ending 2026-07-20
Median $/sqft
$405
4 recorded closings
Median days to sell
104
from list to contract-to-close record

In the current window, sellers accepted a median 91.4% of original asking; the median sale took 104 days (window ending 2026-07-20).

The 8-year recorded price history

20192026
YearMedian soldMedian $/sqftMedian DOMSold ÷ original askSales
2026$507,500$40510491.4%4
2025$627,500$3442394.9%6
2024$517,000$3195089.9%6
2023$365,000$3022096.4%9
2022$342,500$26112105.5%4
2021$310,000$1563894.8%6
2020$294,500$2082294.6%4
2019$293,500$19411497.2%3

Over the recorded series, CRAVERO LAKE SHORE ESTATE’s median sold price moved from $293,500 (2019) to $507,500 (12 months ending 2026-07-20) — +73% over that span, with every year’s figure from recorded closings, not a model.

The last decade in CRAVERO LAKE SHORE ESTATE, briefly

The recorded series starts in 2019 at $293,500. The 2020–22 run-up did what it did everywhere — CRAVERO LAKE SHORE ESTATE’s median moved +17% from 2019 to 2022. Against the 2025 peak of $627,500, the current median stands at -19%. Annual sales volume here has ranged from 1 to 9 closings a year (10-yr average 4.5). With roughly 4.5 closings a year, CRAVERO LAKE SHORE ESTATE’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

What actually trades here: 100% single-family residence, with a median of 1,751 sq ft and a median price per square foot of $405 in the current window.

At CRAVERO LAKE SHORE ESTATE’s $507,500 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $8,930 a year in property tax before exemptions, or about $8,210 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Miami-Dade County tax page.

Selling in CRAVERO LAKE SHORE ESTATE right now: what the record says

Momentum’s market-heat index for CRAVERO LAKE SHORE ESTATE reads 18/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 25% of recorded CRAVERO LAKE SHORE ESTATE sales in the window ending 2026-07 (1 of 4) — a fact worth knowing before assuming every buyer needs an appraisal to close. The table above is the closed-sale record to price a CRAVERO LAKE SHORE ESTATE home against; asking prices are an opening position, recorded closings are the value.

What would YOUR CRAVERO LAKE SHORE ESTATE home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.

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How CRAVERO LAKE SHORE ESTATE compares with its neighbors

Communities buyers shopping CRAVERO LAKE SHORE ESTATE are also weighing (same ZIP), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

CommunityMedian soldMedian $/sqftMedian DOMSales
ACME GULFAIR 3RD ADDN .17$500,000$392325
THE TROPICS$490,000$363511
THE TROPICS ADDN$487,500$3043710
BROADMOOR MANOR$535,000$398489

More CRAVERO LAKE SHORE ESTATE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2017 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures