Capistrano
Homes for Sale in Cutler Bay, FL
All 83 homes for sale in Cutler Bay, FL · median $310,000 · 88 homes for sale in 33189 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of October 2026, Capistrano in Cutler Bay, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $964,000, $381 per square foot, a median 105 days on market, sellers accepting 96% of original asking. Homes listed or recently sold were built 2026–2026 with 4 new construction. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $16,960 ($16,250 with the full homestead exemption).
| Location | Cutler Bay, Miami-Dade County, FL · ZIP 33189 |
|---|---|
| Sale prices, last 12 months | $964,000 median across 4 closed sales · $381 per sq ft |
| Days on market (closed sales) | 105 median |
| For sale right now | 3 active, 1 pending · median asking $997,000 |
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 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Capistrano key facts,” movewithmomentum.com/neighborhoods/capistrano, data as of September 20, 2026.
Homes For Sale Right Now in Capistrano
Live MLS inventory for Capistrano. 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 Capistrano listings as of 2026-10-11, 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 2026 through 2026. Tap any home to ask about it.
Every Home for Sale in Capistrano Right Now (4)
All 4 active and pending Capistrano listings with a detail page, newest first, refreshed twice a day from the MLS.
- 10113 Bahama Drive · $966,000 · 4 bd / 3 ba · listed Sep 11, 2026 · listed by D.R. Horton Realty of Southeast
- 10123 Bahama Drive · $929,990 · 4 bd / 3 ba · listed Sep 11, 2026 · listed by D.R. Horton Realty of Southeast
- 10233 Bahama Drive · $979,990 · 4 bd / 3 ba · pending · listed Aug 13, 2026 · listed by D.R. Horton Realty of Southeast
- 10130 Bahia Drive · $966,000 · 4 bd / 3 ba · listed Jul 13, 2026 · listed by D.R. Horton Realty of Southeast
Capistrano does not come with a published price story right now — there is no median figure or listing volume in the current MLS pull to point to, which itself is useful information. That kind of gap usually means the community trades in small numbers, so any single closed sale can swing what appears to be the going rate more than it would in a high-volume neighborhood.
For a buyer, that means less anchoring data and more reliance on direct comparison to specific homes rather than a neighborhood average. For a seller, it means pricing needs to be built from recent comparable closings and condition, not from a community-wide statistic, because there isn't one to lean on at the moment.
The 60-Second Overview
Capistrano market snapshot (as of September 20, 2026): the median sale price is about $964K ($381 per sq ft over the trailing 12 months of closed sales), and a median 106 days on market for closed sales.
In ZIP 33189 (Cutler Bay), 322 homes closed in the last 12 months at a median of $575K ($343/sq ft), up 1.7% year over year, with a median 45 days on market. Right now 123 active and 28 pending listings — a balanced market. See the live ZIP 33189 housing market and the Miami-Dade County market.
Capistrano sits in Miami-Dade County, and the current MLS snapshot does not surface a listed community amenity package or enough active data to characterize typical pricing — worth knowing before you assume this is a high-turnover market.
The setting & the homes.
Aerial and on-site photos of Capistrano. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Capistrano
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CapistranoPhotos from MIAMI MLS listings in Capistrano; content deemed reliable but not guaranteed.
Who Capistrano is best for.
Best for
- A buyer comfortable making a decision from home-specific comps rather than a published community median
- A seller willing to build a list price from recent closed sales instead of an aggregate statistic
- An investor doing individual property underwriting who does not need neighborhood-wide amenity data to pencil a deal
Probably not for
- A buyer who wants to compare against a large, actively updated MLS inventory before deciding
- Someone shopping specifically for a community amenity package, since none is currently identified here
- A seller expecting quick, high-volume market data to justify a price without additional comp work
The Capistrano buying strategy.
If we were buying in Capistrano today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Capistrano.
What the data gap tells you
When a community shows no median price and no identified amenities in current MLS listings, it typically signals lower transaction volume rather than an absence of housing stock. Homes may be trading through smaller inventories, longer hold periods, or off-market activity that doesn't show up in a broad feed pull.
That has practical implications. Valuation work here has to be done home-by-home, pulling the closest comparable sales rather than citing a neighborhood benchmark. Anyone underwriting a purchase or a listing in Capistrano should expect to spend more time on comps and less time on aggregate statistics, because the aggregate simply is not populated yet.
The location and the amenities are priced into every listing in Capistrano. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with limited public MLS data, the value of a broker shifts from reciting statistics to doing the legwork — pulling recent closed comps, checking permit and condition history, and giving you a grounded read instead of a guess. That is the work we do before you write an offer or set a list price in Capistrano.
Capistrano in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Capistrano buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Capistrano sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Capistrano, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Capistrano home worth?
Get a no-obligation home value based on real comparable sales in Capistrano, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Cutler Bay →
Recently off market in Capistrano
Homes in Capistrano 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. 1 on record.
- 10210 Bahia Drive · off market
More Cutler Bay home searches
- All homes for sale in Cutler Bay, FL
- Homes for sale in Miami-Dade County, FL
- Homes under $300K in Cutler Bay
- Homes from $300K to $500K in Cutler Bay
- 4-bedroom homes for sale in Cutler Bay
- Cutler Bay home values: what is my house worth?
- ZIP 33189 housing scorecard
- 25 coming-soon communities in Miami-Dade County
21% of homes for sale in ZIP 33189 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 (2026-10-11).
Recent Developments in Capistrano
Development, infrastructure, retail, and school activity affecting Capistrano, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Development
Casa Bella Residences opens at 1400 Biscayne Boulevard in Downtown Miami
Related Group and Alta Developers completed the 56-story, 650-foot tower with 319 residences, including 10 penthouses. Closings are underway and first residents have moved in, with more than 90 percent of homes reported under contract. Construction began in November 2023.
What it may mean for the marketAdds 319 completed homes to the downtown Biscayne corridor, close to existing transit, offices and dining. The site is about 1 mile south of Capistrano.
Source: Florida YIMBY - October 2026Development
Sweetbird North breaks ground at 95 NE 40th Street in the Miami Design District
Miami Design District Associates and Raycliff Capital began an eight-story, 120,500 square foot building with more than 92,000 square feet of office and about 22,500 square feet of retail. Atria Health and Research Institute leased about 55,000 square feet and 26North will also join. Completion is expected in early 2028.
What it may mean for the marketAdds office space and ground-floor retail in the Design District, increasing nearby daytime employment and shopping options. The site is less than a mile northwest of Capistrano.
Source: Florida YIMBY - September 2026Civic
Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate
County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.
What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 2 miles south of Capistrano.
Source: Local 10 News - July 2026Development
Construction permits filed for two-tower Biscayne 18 in Edgewater
Melo Group filed construction permit applications with the City of Miami for Biscayne 18, a two-tower project with 1,178 residential units at 1825 Biscayne Boulevard in Edgewater. The towers reach about 465 feet across 45 stories, with an estimated construction cost of $321 million and space for office, retail, and a banquet hall.
What it may mean for the marketMoves a large two-tower residential project toward construction in Edgewater, adding more than a thousand units plus office and retail space along the Biscayne Boulevard corridor. The site is less than a mile south of Capistrano.
Source: Florida YIMBY - July 2026Development
OKO Lilli condo tower nabs Miami review board approval in Edgewater
The Miami Urban Development Review Board recommended approval for OKO Group's OKO Lilli, a 53-story tower with 117 units at 717 Northeast 27th Street in Edgewater. Plans include a 350-foot public baywalk, an eight-story garage with 244 spaces, and Aman-curated amenities.
What it may mean for the marketAdds a high-rise condo tower and a public baywalk to the Edgewater bayfront, expanding the local housing supply and waterfront access along Biscayne Bay. The site is less than a mile west of Capistrano.
Source: The Real Deal - July 2026Development
Foundation pour completed for Twenty Sixth and 2nd Wynwood Residences
Developers PMG and LNDMRK Development completed foundation work and began vertical construction on Twenty Sixth and 2nd, an 8-story building with 233 residences at 2600 NW 2nd Avenue in Wynwood. The project includes about 26,000 square feet of ground-floor retail and over 32,000 square feet of amenities, with completion expected in the second quarter of 2028.
What it may mean for the marketAdvances a new mid-rise rental building with ground-floor retail in the Wynwood district, adding housing units and street-level commercial space as vertical construction begins. The site is less than a mile west of Capistrano.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
What is the median home price in Capistrano?
How long do homes in Capistrano take to sell?
Who is the best real estate agent for Capistrano?
How do I find a top Cutler Bay real estate agent who knows Capistrano?
Can Momentum Realty connect me with an agent for Capistrano?
Where is Capistrano, and what county is it in?
Should you buy in Capistrano?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: October 11, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2026 (4 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.
Own a home here?
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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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