Aerial view of Carmel Lakes Condo

Carmel Lakes
Condos for Sale in Miami-Dade County, FL

Miami-Dade County
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Built fromLive MIAMI MLS dataUpdated twice daily

Part of the Carmel master-planned community in Miami, FL — see all Carmel homes for sale (38 listings across 13 villages and sections in the MLS).

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 22, 2026

Pricing here is being set by a very small number of transactions — the current snapshot reflects just three closings, so the $240,000 median should be read as a directional signal rather than a firm ceiling or floor. At a median of $227.23 per square foot, this reads as a smaller-footprint condo product where per-unit price matters more than square footage.

A median of 67 days on market points to a deliberate, not urgent, sales pace. Sellers here should price to the unit's actual condition and comparable sales rather than assuming quick turnover, and buyers have room to negotiate on timeline rather than needing to move the moment something lists.

Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Nearby homes for sale

No active listings inside CARMEL LAKES CONDO NO 1 right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

340 NE 208th Terrace 340
$475K · 0.1 mi away
3 bd · 3 ba · 1,320 sqft
340 NE 208th Terrace 340
Listed by Domus Real Estate LLC
327 NE 208th Ter
$445K · 0.1 mi away
3 bd · 3 ba · 1,485 sqft
327 NE 208th Ter
Listed by Partnership Realty Inc.
20800 NE 5th Ct
$499K · 0.1 mi away
3 bd · 3 ba · 1,662 sqft
20800 NE 5th Ct
Listed by EXP Realty LLC
519 NE 208th Ter
$490K · 0.1 mi away
3 bd · 3 ba · 1,485 sqft
519 NE 208th Ter
Listed by DeMar Realty
530 NE 207th St
$564K · 0.1 mi away
3 bd · 3 ba · 1,478 sqft
530 NE 207th St
Listed by COSMORE Florida Corp.
550 NE 207th St
$599K · 0.1 mi away
4 bd · 3 ba · 1,920 sqft
550 NE 207th St
Listed by Lifestyle International Realty

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Carmel Lakes Condo No 1 is a Miami-Dade condominium community where recent activity has been thin enough that each closing carries real weight in the numbers — a useful reminder to treat any single data point here as a starting question, not a final answer.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • A buyer prioritizing a lower price point per square foot over building amenities.
  • A buyer comfortable evaluating a unit on its own condition rather than relying on a thick sales history.
  • A seller willing to price against condition-adjusted comparables rather than expecting a fast sale.

Probably not for

  • A buyer who wants confirmed on-site amenities as part of the purchase decision.
  • A buyer who needs a large recent-sales data set to feel confident in valuation.
  • A seller expecting a quick close given the current median days-on-market.

The market around Carmel Lakes Condo

Carmel Lakes Condo is too small for its own price trend, so here is the market around it.

Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).

ZIP and county figures describe the wider market, not Carmel Lakes Condo specifically. Momentum Research analysis of MLS records.

If we were buying in Carmel Lakes 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 Carmel Lakes Condo.

Best Buy
A buyer looking at a lower-priced Miami-Dade condo entry point rather than a resort-amenity community.
Biggest Risk
The small closing count means the posted median can shift quickly as new sales are added.
Sweet Spot
A unit priced and inspected on its own condition, using the median as a reference point rather than a target.
Avoid If
You need amenity-driven community features — none are identified in current MLS listing data for this building.

Reading a thin data set correctly

With only three closings in the current window, the $240,000 median and the $227.23 per-square-foot figure are real but narrow. They tell you what recent buyers actually paid, not what every unit in the community is worth — condition, floor level, and view can move a specific unit meaningfully off that median in either direction.

The 67-day median days-on-market suggests these units are not moving in a bidding-war environment. That works in a buyer's favor for negotiating on price or terms, and it means sellers should lean on a realistic, condition-adjusted list price rather than assuming the market will chase them.

“

The location and the amenities are priced into every listing in Carmel Lakes 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 community with this few recent closings, the skill is in knowing which of the three data points actually applies to your unit and which comparable sales from outside the immediate window still hold relevance. We pull the underlying listing history, not just the headline median, before advising on price.

Carmel Lakes Condo in 15 seconds.

Best forA buyer looking at a lower-priced Miami-Dade condo entry point rather than a resort-amenity community.
Biggest advantageLonger days-on-market gives buyers negotiating room that faster-moving communities do not offer.
Biggest riskThe small closing count means the posted median can shift quickly as new sales are added.
Sweet spotA unit priced and inspected on its own condition, using the median as a reference point rather than a target.
Avoid ifYou need amenity-driven community features — none are identified in current MLS listing data for this building.
The takeaway

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

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Real comps, not an automated estimate.
A buyer prioritizing a lower price point per square foot over building amenities.Excellent fit
A buyer comfortable evaluating a unit on its own condition rather than relying on a thick sales history.Excellent fit
A seller willing to price against condition-adjusted comparables rather than expecting a fast sale.Excellent fit
A buyer who wants confirmed on-site amenities as part of the purchase decision.Probably not
A buyer who needs a large recent-sales data set to feel confident in valuation.Probably not
A seller expecting a quick close given the current median days-on-market.Probably not

Data sources & freshness

Under-contract sharesMIAMI MLS records, as of 2026-11-10

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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Nearby Communities

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