Momentum Housing Data · Home Values · Miami-Dade County
Buying here? See So Miami Heights Addn V homes for sale and the So Miami Heights Addn V community guide (Miami), or all So Miami Heights homes for sale.
SO MIAMI HEIGHTS ADDN V (Miami, FL): 3 recorded closings in the 12 months ending 2026-09-20, a 7-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.
In the current window, sellers accepted a median 94.6% of original asking; the median sale took 8 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $440,000 | $381 | 8 | 94.6% | 3 |
| 2024 | $582,500 | $400 | 36 | 101.8% | 4 |
| 2023 | $450,000 | $295 | 17 | 100.0% | 3 |
| 2022 | $350,000 | $235 | 20 | 100.0% | 5 |
| 2021 | $347,000 | $221 | 12 | 96.8% | 7 |
| 2020 | $265,000 | $298 | 47 | 98.0% | 3 |
| 2018 | $285,000 | $174 | 72 | 97.8% | 7 |
Over the recorded series, SO MIAMI HEIGHTS ADDN V’s median sold price moved from $285,000 (2018) to $440,000 (12 months ending 2026-09-20) — +54% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2018 at $285,000. Against the 2024 peak of $582,500, the current median stands at -24%. Annual sales volume here has ranged from 1 to 7 closings a year (10-yr average 3.7). With roughly 3.7 closings a year, SO MIAMI HEIGHTS ADDN V’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.
At SO MIAMI HEIGHTS ADDN V’s $440,000 median and Miami-Dade County’s adopted 17.59 mills (FY2025-26), a home assessed at that price carries roughly $7,740 a year in property tax before exemptions, or about $7,030 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.
Current asking prices run a median $575,000 against the $440,000 recorded sold median (+31%) — the gap between what sellers hope and what the record shows. Demand check: 20% of SO MIAMI HEIGHTS ADDN V’s listings are under contract, against 35% for ZIP 33157 and 18% for Miami-Dade County as a whole — roughly in line with its surroundings.
With asking prices running +31% over the recorded sold median, a SO MIAMI HEIGHTS ADDN V listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.
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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Communities buyers shopping SO MIAMI HEIGHTS ADDN V are also weighing (nearest by map distance), 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.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| POINT SOUTH CONDO | $130,000 | $162 | 36 | 5 |
| SOUTH MIAMI HEIGHTS 1ST A | $455,000 | $421 | 34 | 5 |
| CARIBBEAN GARDENS CONDO | $160,000 | $192 | 38 | 5 |
| SOUTH MIAMI HEIGHTS 2ND A | $510,000 | $383 | 63 | 3 |
More SO MIAMI HEIGHTS ADDN V: 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
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.