5600 Condo in Miami Beach
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Live Market Pulse
20/100
Market Heat
Cooler than normal
2019 → 2026 · 83 at the 2023 peak
0 is 5600 Condo's coldest market since 2019, 100 its hottest. Today: 20. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data12 years of closingsUpdated twice daily

As of October 2026, 5600 Condo in Miami Beach, FL has 13 homes for sale, asking from $450,000 to $2,100,000 (median $720,000). Over the 12 months ending 2026-09-20, 13 recorded sales closed at a median of $529,000, $446 per square foot, a median 92 days on market, sellers accepting 89% of original asking (-12% versus the prior year). Homes listed or recently sold were built 1967–1967; 13 of 13 report an HOA (median $1,455/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $9,310 ($8,590 with the full homestead exemption).

Last 30 days in 5600: 5 new listings (median asking $775,000). As of October 20, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · 5600 Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$529K ▼
Median sold · 12 mo
down 11.8% vs the prior 12 months
-11.8% ▼
1-yr price change
n = 13 and 8 sales in the two windows
$446/sf
Sold $/sqft · 12 mo
peak $504 in 2025
88.7%
Sale vs ask
Tempo
92days
Median DOM · closed
35 days at the 2022 low
0%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
13 · 0
For sale · pending
live counts, refreshed twice daily
13
Sold · last 12 mo
10-yr average: about 14 a year
Track record · 12 years of records
1,190sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in 5600 Condo

Live MLS inventory for 5600 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 5600 Condo listings as of 2026-10-20, 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 2014 through 2026. Tap any home to ask about it.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 21, 2026

This condo community is pricing on a per-square-foot basis right now, with the median landing at $550,000 and price per square foot at $462.18. That combination tells you buyers are paying for unit size and finish level more than for any shared amenity package, since the current MLS inventory shows none identified.

Median days on market sitting at 123 and a year-over-year change of -8.3% point to a slower, more negotiated market than a fast-clearing one. Sellers here should expect real time on market and price discussion; buyers get room to negotiate on condition and terms rather than racing a clock.

Figures in this note are as of July 21, 2026. The live market numbers elsewhere on this page update nightly and are newer.

5600 Condo Housing Pulse · Momentum Research · as of September 20, 2026

5600 Condo right now

🔴 Off the recent peak. The trailing-12-month median ($529K) is down 11.8% from the prior 12 months ($600K). With about a dozen 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 September 20. Confidence: Medium (13 and 8 sales in the two windows).

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

· Updated October 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

5600 Condo market snapshot (as of September 20, 2026): the median sale price is about $529K ($446 per sq ft over the trailing 12 months of closed sales), and a median 92 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level MIAMI MLS closed sales (13 closings in the current window).

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 67 homes in 5600 Condo that have changed hands since 2011, built between 1967 and 1967 (median 1967), with a median living area of about 1,190 sq ft and a typical 2-bedroom, 2-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.

A Miami-Dade condo community currently transacting at a median of $550,000, with pricing driven by unit-level factors rather than building amenities, since none are identified in current listings.

Best for

  • Buyers focused on unit-level value who are not counting on building amenities as part of the deal
  • Buyers with flexibility on timeline who can wait out a market currently running past four months on median days on market
  • Sellers prepared to price realistically given the current negative year-over-year trend and thin closing volume

Probably not for

  • Buyers who want a fast, competitive-offer closing process
  • Buyers prioritizing shared community amenities, since none are currently identified in MLS listings
  • Sellers expecting a quick sale without price or timeline flexibility

Windows contain 0 to 33 sales each (13 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 2014 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$300K$400K$500K$600K2014201620182020202220242026
Down 11.8% year over year.
Every sale since 2014 · price vs size
$0$1M$2M1k2k2k
145 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$300$400$5002014201620182020202220242026
Up from $257 in 2014 to a $504 peak in 2025; $446 now.
Median days on market · closed sales
501001502014201620182020202220242026
35 days at the 2022 low; 92 now.
Sale price vs original ask · median
88%90%92%94%2014201620182020202220242026
88.7% now.
Homes sold per 12-mo window
01020302014201620182020202220242026
0 to 33 a year; 13 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
83 at the 2023 peak, 20 in the troughs, 20 now. Same score as the hero card, full history.
How much local inventory is already under contract

0% of homes for sale in 5600 Condo 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 (2026-10-20).

5600 Condo Market Scorecard

Balanced

5600 Condo is currently a balanced market., a median asking price of $720,000, and homes go under contract in about 66 days.

$720,000
Median list
$529,000
Median sold
$546
List $/sqft
66
Days on mkt
13/0/0
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.

If we were buying in 5600 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 5600 Condo.

Best Buy
Buyers and sellers comfortable with a longer, negotiated transaction timeline rather than a fast close.
Biggest Risk
A thin closing count and a negative year-over-year trend mean less price certainty and fewer recent comparables to lean on.
Sweet Spot
Buyers targeting the median price point near $550,000 who plan to hold through a slower market cycle.
Avoid If
You need a fast close or are relying on shared building amenities as part of the value proposition.

Pricing on the unit, not the building

With a market heat score of 27 and only 13 closings in the current window, this is a thin, slow-moving market. That thinness means each closing carries more weight in shaping perception of value, and it also means comparables can be harder to pin down from one transaction to the next.

The median price per square foot of $462.18 suggests buyers are still willing to pay for space and condition, even as overall days on market run well past four months. That gap between price discipline and time-to-sell is the clearest signal here: the market isn't rejecting the price point, it's taking longer to match buyer and seller on it.

“

The location and the amenities are priced into every listing in 5600 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

A market with 13 closings and a median day-on-market count over four months rewards precise pricing and patient negotiation more than broad marketing. We track what's actually closing here, not just what's listed, so sellers price correctly the first time and buyers know when a longer market position works in their favor.

5600 Condo in 15 seconds.

Best forBuyers and sellers comfortable with a longer, negotiated transaction timeline rather than a fast close.
Biggest advantagePricing here is driven by unit condition and size, giving room to negotiate on specifics rather than competing against amenity premiums.
Biggest riskA thin closing count and a negative year-over-year trend mean less price certainty and fewer recent comparables to lean on.
Sweet spotBuyers targeting the median price point near $550,000 who plan to hold through a slower market cycle.
Avoid ifYou need a fast close or are relying on shared building amenities as part of the value proposition.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed 5600 Condo sales matched to your home.

What is your 5600 Condo home worth?

Get a no-obligation home value based on real comparable sales in 5600 Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Recently off market in 5600 CONDO

Homes in 5600 CONDO that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 3 on record.

5600 key facts
LocationMiami Beach, Miami-Dade County, FL · ZIP 33140
Home types (current listings and sales)condos 100%
Sale prices, last 12 months$529,000 median across 13 closed sales · $446 per sq ft · -11.8% vs the prior 12 months
Days on market (closed sales)92 median
For sale right now13 active, 0 pending · median asking $720,000

Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2014 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “5600 key facts,” movewithmomentum.com/neighborhoods/5600-condo, data as of September 20, 2026.

Just listed in 5600

The newest homes for sale in 5600 right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS Oct 20, 2026. All new listings in this market.

Every Home for Sale in 5600 Condo Right Now (13)

All 13 active and pending 5600 Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

What it really costs to own in 5600 Condos for Sale

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $7,412/yr across 13 listings here (MLS tax records, 2026-10-20).
HOA duesMedian $1,455/month across 13 MLS listings (most billed monthly; 2026-10-20). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1967 across 13 listings. An original roof here would be about 59 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Estimated carrying cost at the median asking price, before the mortgage: about $2,230/month (tax $618, HOA $1,455, insurance $158). An estimate from the sources above, not a quote.

Frequently Asked Questions

What is the median home price in 5600 Condo?
The median sale price in 5600 Condo was $529K over the 12 months ending September 20, 2026 (13 closed sales, MIAMI MLS).
How long do homes in 5600 Condo take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 92 days on market (13 sales, MIAMI MLS).
Who is the best real estate agent for 5600 Condo?
The best agent for 5600 Condo is one who actively works Miami Beach 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 5600 Condo.
How do I find a top Miami Beach real estate agent who knows 5600 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 5600 Condo and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for 5600 Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your 5600 Condo purchase or sale - no call center and no pressure.
Where is 5600, and what county is it in?
5600 is in Miami Beach, Miami-Dade County, FL, ZIP 33140.
Buyers focused on unit-level value who are not counting on building amenities as part of the dealExcellent fit
Buyers with flexibility on timeline who can wait out a market currently running past four months on median days on marketExcellent fit
Sellers prepared to price realistically given the current negative year-over-year trend and thin closing volumeExcellent fit
Buyers who want a fast, competitive-offer closing processProbably not
Buyers prioritizing shared community amenities, since none are currently identified in MLS listingsProbably not
Sellers expecting a quick sale without price or timeline flexibilityProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: October 20, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2014 (145 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 local comps.

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Nearby Communities

Explore more neighborhoods near 5600 with Momentum Realty’s local guides.

Ashley Apartments Condomi0.0 mi away · 2 for saleFifty Six Sixty Collins A0.0 mi away · median $1.05M, 11 sales/12 moThe Pavilion Condo (Miami Dade)0.0 mi away · median $588K, 10 sales/12 moOceanside Plaza Condo0.0 mi away · median $435K, 12 sales/12 moTAThe Ashley0.1 mi awayTPThe Pavilion0.1 mi away · 1 for saleTAThe Alexander Condominium0.1 mi away

Browse all neighborhood guides →

Thinking of selling in 5600 CONDO? 13 recorded closings; median 92 days on market (window ending 2026-09-20). 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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