Momentum Housing Data · Home Values · Miami-Dade County

THE STRAND ON OCEAN DRIVE Home Values: What Homes Actually Sell For

Every figure below is from recorded MLS closings in THE STRAND ON OCEAN DRIVE (FL) — not an algorithm’s estimate. Medians, the 9-year price history, market time, and what the record says about selling here now. Window ending 2026-07-20; refreshes as new closings record.

Median sold price
$315,000
+8.6% vs prior year · window ending 2026-07-20
Median $/sqft
$765
8 recorded closings
Median days to sell
112
from list to contract-to-close record

In the current window, sellers accepted a median 96.8% of original asking; the median sale took 112 days (window ending 2026-07-20).

The 9-year recorded price history

20182026
YearMedian soldMedian $/sqftMedian DOMSales
2026$315,000$7651128
2025$290,000$604643
2024$358,500$765436
2023$390,000$88674
2022$327,500$759278
2021$271,250$616786
2020$290,000$726796
2019$288,000$644287
2018$247,500$539594

Over the recorded series, THE STRAND ON OCEAN DRIVE’s median sold price moved from $247,500 (2018) to $315,000 (12 months ending 2026-07-20) — +27% over that span, with every year’s figure from recorded closings, not a model.

The last decade in THE STRAND ON OCEAN DRIVE, briefly

The recorded series starts in 2018 at $247,500. The 2020–22 run-up did what it did everywhere — THE STRAND ON OCEAN DRIVE’s median moved +14% from 2019 to 2022. Against the 2023 peak of $390,000, the current median stands at -19%. Annual sales volume here has ranged from 3 to 8 closings a year (10-yr average 5.8). Small-community 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 in the table above.

What actually trades here: 86% condominium, 14% hotelmotel, with a median of 482 sq ft and a median price per square foot of $765 in the current window. Price-per-square-foot is the cleaner yardstick when comparing your home to the medians — it corrects for the size mix in any given year.

Selling in THE STRAND ON OCEAN DRIVE right now: what the record says

Momentum’s market-heat index for THE STRAND ON OCEAN DRIVE reads 45/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).

Cash bought 100% of recorded THE STRAND ON OCEAN DRIVE sales in the window ending 2026-07 (8 of 8) — a fact worth knowing before assuming every buyer needs an appraisal to close. For buyers, the same table reads the other way: the sold medians above are what the market has actually been paying — an asking price meaningfully above the recent closed record, in a community absorbing at the rates shown, is an opening position, not a value.

The pattern in the statewide failure data applies here too: homes priced against the latest closed sales sell; homes priced against hope join the 201,552 that didn’t. The table above is the closed-sale record to price against.

What would YOUR THE STRAND ON OCEAN DRIVE home sell for?

We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A Momentum 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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More THE STRAND ON OCEAN DRIVE: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs

Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2018 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