Amd Plat of Sunset Lake S
Homes for Sale in Miami Beach, FL

Amd Plat of Sunset Lake S market snapshot (as of September 12, 2026): the median sale price is about $2.90M ($1113 per sq ft over the trailing 12 months of closed sales), and a median 60 days on market for closed sales. The trailing-12-month median is down 33% from the prior 12 months, computed from record-level MIAMI MLS closed sales (9 closings in the current window).

This is a low-volume, high-price micro-market where the small number of closings makes every sale disproportionately influential on the reported medians — buyers and sellers should treat the headline numbers as directional, not precise.

At a median of $2.9M and roughly 92 days on market, this community sits well outside the pace of a typical residential segment. That combination — high price, long marketing time, low heat score — usually points to a market that trades on individual property characteristics (lot, condition, finish) rather than broad neighborhood momentum.

The reported 40.5% year-over-year decline needs context: with a closings window of only nine sales, the median can move sharply based on which properties happened to close, not necessarily because comparable homes are worth less than they were. No community amenities are identified from current MLS listings, so buyers evaluating lifestyle features should verify directly against the specific listing rather than assume shared community infrastructure.

In a market this thin, pricing off the wrong comp is easy and expensive. We pull the actual closed sales behind these medians, weigh them against condition and finish rather than just square footage, and build a negotiating position — on price and on timeline — that reflects what nine transactions can and cannot tell you.

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