Fantasy Reef
Homes for Sale in Miami, FL
All 4,658 homes for sale in Miami, FL · median $520,990 · 150 homes for sale in 33196 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
Over the 12 months ending 2026-09-20, 3 recorded sales closed at a median of $700,000, $404 per square foot, a median 48 days on market, sellers accepting 96% of original asking (+6% versus the prior year). Homes listed or recently sold were built 2001–2003. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $12,320 ($11,600 with the full homestead exemption).
Last 30 days in Fantasy Reef: 1 new listing (median asking $760,000), 2 under contract right now. 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.
FANTASY REEF is showing very little in the way of recent, verifiable MLS activity. With only a short closings window to look at and no amenity data attached to current listings, there simply is not enough transaction history to point to a reliable median price or a clear pricing pattern right now.
For a buyer or seller, that means going in with eyes open: pricing here has to be built from a direct comparison to individual listings and recent closings rather than from a community-wide trend, because the trend line does not yet exist in usable form.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Fantasy Reef right now
🟡 Still climbing. The trailing-12-month median ($700K) is up 6.1% from the prior 12 months ($660K). With about 4 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: Low (3 and 5 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
Fantasy Reef market snapshot (as of September 20, 2026): the median sale price is about $700K ($404 per sq ft over the trailing 12 months of closed sales), and a median 48 days on market for closed sales. The trailing-12-month median is up 6% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).
In ZIP 33196 (Miami), 355 homes closed in the last 12 months at a median of $588K ($329/sq ft), up 0.7% year over year, with a median 53 days on market. Right now 145 active and 42 pending listings — a balanced market. See the live ZIP 33196 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 76 homes in FANTASY REEF that have changed hands since 2006, built between 2001 and 2006 (median 2002), with a median living area of about 1,872 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
FANTASY REEF, in Miami-Dade County, currently has too thin a data trail to characterize with confidence — a useful reminder that not every community can be summarized in a headline number, and this is one of them right now.
Who Fantasy Reef is best for.
Best for
- Buyers targeting a specific property in FANTASY REEF rather than shopping the community broadly
- Sellers who can supply detailed, property-level documentation to support a price where community data is thin
- Investors comfortable underwriting a deal from individual comps rather than a published market trend
Probably not for
- Buyers who want a clear median price and established trend line before making an offer
- Sellers expecting a community-wide comparable set to justify their asking price
- Anyone unwilling to do extra diligence in the absence of standard MLS market data
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($700K) IS the median in the snapshot above, and the move from 2025 ($660K) IS the +6.1% one-year change.
Windows contain 0 to 9 sales each (3 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 2012 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
23% of homes for sale in ZIP 33196 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).
Fantasy Reef Market Scorecard
Fantasy Reef is currently a balanced market..
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 Fantasy Reef
Live MLS inventory for Fantasy Reef. 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 Fantasy Reef listings as of 2026-10-18, 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 2012 through 2026. Tap any home to ask about it.
The Fantasy Reef buying strategy.
If we were buying in Fantasy Reef 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 Fantasy Reef.
Reading a quiet data set
When a community shows a short closings window and no listed amenities in the current MLS feed, it usually means one of two things: activity is genuinely light, or the properties that do exist are moving through channels that leave little standardized data behind. Either way, the honest move is not to manufacture a market narrative that the numbers do not support.
That does not mean FANTASY REEF is untouchable — it means any offer, listing strategy, or valuation conversation here should lean on a direct pull of comparable, individual sales rather than a community average, since there is not yet a community average worth quoting.
The location and the amenities are priced into every listing in Fantasy Reef. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a data-light community like this, the value we bring is not a polished market report — it is knowing how to build a credible price opinion from limited comparables, verify what is actually available, and tell you plainly when the numbers are not there yet to support a decision either way.
Fantasy Reef in 15 seconds.
What it really costs to own in Fantasy ReefHomes 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 tax | Current owners' bills run a median of $5,665/yr across 3 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The 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 age | Median build year 2001 across 3 listings. An original roof here would be about 25 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. |
Email me new listings in Fantasy ReefHomes for Sale
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Fantasy ReefHomes for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Fantasy ReefHomes for Sale will answer, and the answer is published on this page for the next buyer.
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 Fantasy Reef 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 Fantasy Reef sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Fantasy Reef, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Fantasy Reef home worth?
Get a no-obligation home value based on real comparable sales in Fantasy Reef, 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 Miami →
Recently off market in FANTASY REEF
Homes in FANTASY REEF 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. 2 on record.
- 14127 SW 161st Pl · off market
- 16162 SW 143rd St · off market
| Location | Miami, Miami-Dade County, FL · ZIP 33196 |
|---|---|
| Sale prices, last 12 months | $700,000 median across 3 closed sales · $404 per sq ft · +6.1% vs the prior 12 months |
| Days on market (closed sales) | 48 median |
| For sale right now | 0 active, 1 pending |
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 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Fantasy Reef key facts,” movewithmomentum.com/neighborhoods/fantasy-reef, data as of September 20, 2026.
Every Home for Sale in Fantasy Reef Right Now (3)
All 3 active and pending Fantasy Reef listings with a detail page, newest first, refreshed twice a day from the MLS.
- 14105 SW 161st Ct · $760,000 · 5 bd / 3 ba · listed Oct 3, 2026 · listed by D'Havana Estates Group, LLC.
- 16148 SW 143rd St · $750,000 · 5 bd / 3 ba · pending · listed Sep 24, 2026 · listed by Barrios and Associates Realty
- 14200 SW 160th Ct · $835,000 · 4 bd / 3 ba · pending · listed Jul 22, 2026 · listed by Solid Rock Real Estate, Inc.
More Miami home searches
- All homes for sale in Miami, FL
- Homes for sale in Miami-Dade County, FL
- Homes under $300K in Miami
- Homes from $300K to $500K in Miami
- 4-bedroom homes for sale in Miami
- Miami home values: what is my house worth?
- ZIP 33196 housing scorecard
- 25 coming-soon communities in Miami-Dade County
Miami guides & data
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
Real estate agent in Miami? Join Momentum in Miami: 100% commission, one $12K cap.
Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- SW 161St Place (11 homes on record)
- SW 161 Place (10 homes on record)
- SW 160 Court (10 homes on record)
- SW 160Th Court (7 homes on record)
- SW 143Rd Lane (5 homes on record)
- SW 143 Street (5 homes on record)
- SW 143Rd Street (3 homes on record)
- SW 143Rd Street (2 homes on record)
Recent Developments in Fantasy Reef
Development, infrastructure, retail, and school activity affecting Fantasy Reef, 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 5 miles east of Fantasy Reef.
Source: Florida YIMBY - October 2026Builder Activity
Swire Properties breaks ground on Residences at Mandarin Oriental, Miami on Brickell Key
Swire Properties started construction at 500 Brickell Key Drive and 750 Claughton Island Drive on two towers, 66 stories (850 feet) and 33 stories (426 feet). The project includes 326 residences and a 121-room hotel, with Moss as general contractor and completion scheduled for 2030.
What it may mean for the marketAdds multi-year construction activity and future hotel and residential supply on Brickell Key, near the Brickell employment core. The site is about 6 miles southeast of Fantasy Reef.
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 about 4 miles east of Fantasy Reef.
Source: Florida YIMBY - September 2026Market
Lenders file foreclosure suit over Metro Parc South in Hialeah
Scale Lending filed suit on September 22 alleging default on $31.1 million in construction loans for MG Developer's planned 10-story, 347-unit third phase of Metro Center near East 24th and 25th streets. The project had a $105 million financing package, and the developer says it is in good-faith talks with lenders.
What it may mean for the marketThe dispute puts the timing of 347 planned Hialeah apartments in question, which could affect near-term rental supply. The site is about 3 miles north of Fantasy Reef.
Source: Hoodline - 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 5 miles southeast of Fantasy Reef.
Source: Local 10 News - September 2026Infrastructure
County committee reviews $101 million contract for MIA North Terminal baggage screening machines
A county committee is reviewing a $101 million contract to replace 25 explosives detection machines in the North Terminal's baggage-handling system at Miami International Airport. The work would take about four and two-thirds years and be phased to limit disruption.
What it may mean for the marketBaggage system upgrades at the airport support passenger throughput and airport-related operations over several years. The site is about 2 miles southwest of Fantasy Reef.
Source: Miami Today
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 Fantasy Reef?
How long do homes in Fantasy Reef take to sell?
Who is the best real estate agent for Fantasy Reef?
How do I find a top Miami real estate agent who knows Fantasy Reef?
Can Momentum Realty connect me with an agent for Fantasy Reef?
Where is Fantasy Reef, and what county is it in?
Should you buy in Fantasy Reef?
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 18, 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 2012 (64 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?
You just read the data. Now see what your home is worth.
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.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how FANTASY REEF fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Fantasy Reef
- Home values · What homes in Fantasy Reef actually sell for
Nearby Communities
Explore more neighborhoods near Fantasy Reef with Momentum Realty’s local guides.