500 Brickell West Condo in Miami

500 Brickell West Condo
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33131
Median sale $450K
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Live Market Pulse
14/100
Market Heat
Cooler than normal
2019 → 2026 · 82 at the 2022 peak
0 is 500 Brickell West Condo's coldest market since 2019, 100 its hottest. Today: 14. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data8 years of closingsUpdated twice daily
Live · 500 Brickell West Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$450K
Median sold · 12 mo
down 24.4% vs the prior 12 months
-24.4%
1-yr price change
n = 10 and 9 sales in the two windows
$517/sf
Sold $/sqft · 12 mo
peak $578 in 2023
89.8%
Sale vs ask
Tempo
194days
Median DOM · closed
19 days at the 2022 low
10
Sold · last 12 mo
10-yr average: about 18 a year
Ownership and context
50%
Cash buyers · 500 Brickell West Condo
5 of 10 sales, 12 mo ending July 2026
Track record · 8 years of records
924sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

At 500 Brickell West Condo, the median sale price sits at $450,000 against a median of $516.85 per square foot, which points to smaller-footprint units carrying the price tag rather than square footage. With only 10 closings in the tracked window, this is a thin-data market, and each individual sale can move the median more than it would in a higher-volume building.

The headline number for anyone watching this building right now is the year-over-year change of -24.4%, paired with a median of just over 193 days on market. That combination, a wide gap between original list expectations and where deals are actually closing, plus properties sitting for six-plus months, describes a market still repricing. Sellers here are negotiating on the buyer's terms, and buyers who move now are stepping into a building where the last decline has already been absorbed into the comps.

500 Brickell West Condo Housing Pulse · Momentum Research · as of July 20, 2026

500 Brickell West Condo right now

🔴 Off the recent peak. The trailing-12-month median ($450K) is down 24.4% from the prior 12 months ($595K). With about 18 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 July 20. Confidence: Medium (10 and 9 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 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

500 Brickell West Condo market snapshot (as of July 20, 2026): the median sale price is about $450K ($517 per sq ft over the trailing 12 months of closed sales), and a median 194 days on market for closed sales. The trailing-12-month median is down 24% from the prior 12 months, computed from record-level MIAMI MLS closed sales (10 closings in the current window).

500 Brickell West Condo is currently a slow-moving corner of the Miami-Dade condo market, with pricing that has reset meaningfully over the past year and listings that require patience to sell. The current MLS data does not identify specific building amenities, so any lifestyle features should be confirmed unit by unit.

Best for

  • A buyer looking for a smaller-footprint unit and comfortable negotiating in a soft, still-repricing market.
  • An investor or owner-occupant with flexible timing who can wait through an extended marketing period.
  • A buyer prioritizing price entry point over building amenities, since none are currently identified in MLS data.

Probably not for

  • A seller expecting a quick sale near prior peak pricing, given the current year-over-year decline.
  • A buyer who needs a high volume of recent comparable sales to support a tight appraisal timeline.
  • A buyer prioritizing on-site amenities as a primary decision factor, since none are currently confirmed here.

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($450K) IS the median in the snapshot above, and the move from 2025 ($595K) IS the -24.4% one-year change.

Windows contain 6 to 38 sales each (10 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 2018 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$600K20182020202220242026
Down 24.4% year over year.
Every sale since 2018 · price vs size
$0$250K$500K$750K1k1k1k
159 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$400$500$60020182020202220242026
Up from $335 in 2018 to a $578 peak in 2023; $517 now.
Median days on market · closed sales
010020020182020202220242026
19 days at the 2022 low; 194 now.
Sale price vs original ask · median
90%95%20182020202220242026
89.8% now.
Homes sold per 12-mo window
0204020182020202220242026
6 to 38 a year; 10 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
82 at the 2022 peak, 14 in the troughs, 14 now. Same score as the hero card, full history.
How much local inventory is already under contract

0% of homes for sale in ZIP 33131 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 (2026-07-18).

500 Brickell West Condo Market Scorecard

Balanced

500 Brickell West Condo is currently a balanced market., and homes go under contract in about 64 days.

$450,000
Median sold
$558
List $/sqft
64
Days on mkt
17/1/0
Active/Pend/Sold

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.

Homes For Sale Right Now in 500 Brickell West Condo

Live MLS inventory for 500 Brickell West Condo. 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 500 Brickell West Condo listings as of 2026-09-02, 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 2018 through 2026. Tap any home to ask about it.

If we were buying in 500 Brickell West Condo today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 500 Brickell West Condo.

Best Buy
A buyer comfortable with a slower-moving building who wants room to negotiate on price.
Biggest Risk
Thin closing volume means the posted median and per-square-foot figures carry wide margin for error.
Sweet Spot
Best suited to a buyer targeting a compact unit and prepared for a longer marketing period if reselling.
Avoid If
Avoid if you need a fast close or a stable, high-comparable-volume building for financing or appraisal confidence.

A Market Still Finding Its Floor

A market heat score of 14 is low by any read, and it lines up with everything else in this snapshot: long days on market, a sharp year-over-year price decline, and a low closing count. This is not a building in an active bidding-war phase. It is one where list prices are being tested against a buyer pool that has options and time.

The per-square-foot figure of $516.85 against a $450,000 median suggests this building's inventory skews toward compact units, which matters for anyone comparing it to larger-footprint buildings nearby on a pure price basis. With only 10 closings feeding these numbers, treat every stat here as directional rather than precise, and pull current, unit-specific comps before setting a list price or making an offer.

The location and the amenities are priced into every listing in 500 Brickell West Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-volume, repricing market like this one, the median and the per-square-foot figure can shift meaningfully with a single closing. We pull current, unit-level comps rather than leaning on trailing averages, and we price and negotiate accordingly, whether that means holding firm on a seller's number or building a buyer's case around the building's extended days-on-market pattern.

500 Brickell West Condo in 15 seconds.

Best forA buyer comfortable with a slower-moving building who wants room to negotiate on price.
Biggest advantagePricing has already reset meaningfully, which can favor a buyer entering now.
Biggest riskThin closing volume means the posted median and per-square-foot figures carry wide margin for error.
Sweet spotBest suited to a buyer targeting a compact unit and prepared for a longer marketing period if reselling.
Avoid ifAvoid if you need a fast close or a stable, high-comparable-volume building for financing or appraisal confidence.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed 500 Brickell West Condo sales matched to your home.

What is your 500 Brickell West Condo home worth?

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Frequently Asked Questions

What is the median home price in 500 Brickell West Condo?
The median sale price in 500 Brickell West Condo was $450K over the 12 months ending July 20, 2026 (10 closed sales, MIAMI MLS).
How long do homes in 500 Brickell West Condo take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 194 days on market (10 sales, MIAMI MLS).
Do cash buyers compete in 500 Brickell West Condo?
Cash buyers took 50% of 500 Brickell West Condo sales in the 12 months ending July 2026 (5 of 10 closings, MIAMI MLS).
Who is the best real estate agent for 500 Brickell West Condo?
The best agent for 500 Brickell West Condo is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for 500 Brickell West Condo.
How do I find a top Miami real estate agent who knows 500 Brickell West Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows 500 Brickell West Condo and the wider Miami area.
Can Momentum Realty connect me with an agent for 500 Brickell West Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your 500 Brickell West Condo purchase or sale - no call center and no pressure.
A buyer looking for a smaller-footprint unit and comfortable negotiating in a soft, still-repricing market.Excellent fit
An investor or owner-occupant with flexible timing who can wait through an extended marketing period.Excellent fit
A buyer prioritizing price entry point over building amenities, since none are currently identified in MLS data.Excellent fit
A seller expecting a quick sale near prior peak pricing, given the current year-over-year decline.Probably not
A buyer who needs a high volume of recent comparable sales to support a tight appraisal timeline.Probably not
A buyer prioritizing on-site amenities as a primary decision factor, since none are currently confirmed here.Probably not

Data sources & freshness

Community market statsMIAMI MLS closed sales, 12-month windows ending July 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-07-18
Historical depthClosed-sale records back to 2018 (159 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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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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More Miami & Miami & Miami-Dade County guides

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Thinking of selling in 500 BRICKELL WEST CONDO? 10 recorded closings; median 193 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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