Flagler Waterway Estates in Miami

Flagler Waterway Estates
Homes for Sale in Miami, FL

All 5,147 homes for sale in Miami, FL · median $525,000 · 31 homes for sale in 33144 · Miami-Dade County homes for sale

Community in Miami · Miami-Dade County · ZIP 33144
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Built fromLive MIAMI MLS dataUpdated twice daily

As of November 2026, the MLS records 1 closed sale in Flagler Waterway Estates in Miami, FL, the most recent in July 2026. Across Miami as a whole, 1,547 homes closed in the last 12 months at a median of $550,000, 67 median days on market. At that median and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $9,680 ($8,960 with the full homestead exemption).

Live · Flagler Waterway Estates Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
100%
Under contract
Miami-Dade: 13% (2,241 of 16,748)
0 · 2
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 22, 2026

Flagler Waterway Estates trades on price per square foot more than on comparable-to-comparable bidding. At a median of $353.54 per square foot against a $1,355,000 median price, this is a market where lot position, waterfrontage, and finish level do most of the work — and with only three closings in the current window, any single sale can move the read on value more than it would in a higher-volume community.

A median 116 days on market and a market heat score of 39 point to a deliberate, low-urgency pace. Sellers here are not getting rewarded for testing the top of the range, and buyers who do their homework on comparables have room to negotiate on terms and timeline rather than racing a competing offer.

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

The 60-Second Overview

A low-volume, waterfront-oriented Miami-Dade enclave where price is set less by broad demand and more by the specific lot and home in front of you.

MIAMI REALTORS sales records identify 64 homes in FLAGLER WATERWAY ESTATES that have changed hands since 2006, built between 1949 and 2025 (median 1975), with a median living area of about 3,435 sq ft and a typical 4-bedroom, 3.5-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.

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

  • Buyers targeting a specific waterfront lot or home and willing to underwrite the price on that property's own merits
  • Sellers with a well-maintained or updated home who can support a premium price per square foot with documentation
  • Buyers comfortable with a longer marketing timeline in exchange for negotiating room

Probably not for

  • Buyers who want a large, active comparable pool to benchmark price with confidence
  • Sellers expecting a quick sale driven by high buyer competition
  • Anyone relying on the year-over-year percentage alone as a forecast for the next transaction

The market around Flagler Waterway Estates

Flagler Waterway Estates is too small for its own price trend, so here is the market around it.

In ZIP 33144, 34 homes are on the market and 24% are under contract — a steady corner of Miami.

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

In ZIP 33144 (Miami), 113 homes closed in the last 12 months at a median of $680K ($457/sq ft), up 2.9% year over year, with a median 50 days on market. Right now 27 active and 12 pending listings put supply at about 2.9 months — a balanced market. See the live ZIP 33144 housing market and the Miami-Dade County market.

ZIP and county figures describe the wider market, not Flagler Waterway Estates specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in Flagler Waterway Estates

Live MLS inventory for Flagler Waterway Estates. 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 Flagler Waterway Estates listings as of 2026-11-11, 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.

If we were buying in Flagler Waterway Estates 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 Flagler Waterway Estates.

Best Buy
Buyers and sellers with a specific waterfront property in mind, not a general search for inventory.
Biggest Risk
With only a handful of closings, the year-over-year trend can be skewed by a single sale.
Sweet Spot
A well-documented, waterway-positioned home priced against verified comparables rather than the broad median.
Avoid If
You need a fast, high-volume comparable set to validate pricing before you commit.

A market that moves on the individual property, not the trend line

The 11.3% year-over-year increase in this community should be read alongside the closings count, not instead of it. With only three transactions in the current window, a single high-end or unusually well-positioned sale can swing the year-over-year number well beyond what a broader, more liquid market would show. That does not make the number wrong — it makes it a signal to verify against the specific comparable, not a guarantee of what the next closing will do.

The 116-day median days on market is the more stable indicator of current posture. It tells you this is not a community where pricing errors get corrected quickly by a wave of backup offers. Homes that are priced to the specific lot, condition, and waterway access tend to move; homes priced against the county-wide trend without accounting for those specifics tend to sit.

“

The location and the amenities are priced into every listing in Flagler Waterway Estates. 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 closings, the comparable-selection work matters more than the search itself. We pull the actual recent sales, weight them for lot and waterway position, and give you a defensible number before you write an offer or set a list price — rather than leaning on a countywide average that will not hold up to scrutiny in a market this thin.

Flagler Waterway Estates in 15 seconds.

Best forBuyers and sellers with a specific waterfront property in mind, not a general search for inventory.
Biggest advantagePricing here rewards patience and precision over speed.
Biggest riskWith only a handful of closings, the year-over-year trend can be skewed by a single sale.
Sweet spotA well-documented, waterway-positioned home priced against verified comparables rather than the broad median.
Avoid ifYou need a fast, high-volume comparable set to validate pricing before you commit.
The takeaway

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

What is your Flagler Waterway Estates home worth?

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Real comps, not an automated estimate.
Buyers targeting a specific waterfront lot or home and willing to underwrite the price on that property's own meritsExcellent fit
Sellers with a well-maintained or updated home who can support a premium price per square foot with documentationExcellent fit
Buyers comfortable with a longer marketing timeline in exchange for negotiating roomExcellent fit
Buyers who want a large, active comparable pool to benchmark price with confidenceProbably not
Sellers expecting a quick sale driven by high buyer competitionProbably not
Anyone relying on the year-over-year percentage alone as a forecast for the next transactionProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: November 11, 2026)
Under-contract sharesMIAMI MLS records, as of 2026-11-10
Historical depthClosed-sale records back to 2026 (1 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.

Recent Developments in Flagler Waterway Estates

Development, infrastructure, retail, and school activity affecting Flagler Waterway Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Civic

    Galbut withdraws three Miami Beach Live Local Act projects

    Developer Russell Galbut pulled applications for projects at 1575 Alton Road (43 stories, 163 units), 740 Alton Road (28 stories, 99 units) and 880 71st St. (28 stories, 100 units). He still holds recent approvals for a 16-story tower at 663 Alton Road and a 15-story building at 1826 Collins Ave. Miami Beach has resisted the state law and is exploring ways to repeal it.

    What it may mean for the marketThe withdrawals remove several planned workforce housing units from the Miami Beach pipeline and leave the three sites without announced plans. The site is about 4 miles southeast of Flagler Waterway Estates.

    Source: Bisnow
  2. October 2026
    Development

    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 3 miles south of Flagler Waterway Estates.

    Source: Florida YIMBY
  3. October 2026
    Development

    Tula Residences tops out at 7918 West Drive in North Bay Village

    The 21-story, 54-unit condominium building developed by Pacific & Orient Properties reached its full height. Bayshore Grove Capital oversees development and construction. Completion is anticipated in the third quarter of 2027.

    What it may mean for the marketAdds 54 homes to the North Bay Village inventory on the Biscayne Bay islands between Miami and Miami Beach. The site is about 2 miles northeast of Flagler Waterway Estates.

    Source: Florida YIMBY
  4. October 2026
    Development

    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 2 miles southwest of Flagler Waterway Estates.

    Source: Florida YIMBY
  5. September 2026
    Civic

    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 4 miles south of Flagler Waterway Estates.

    Source: Local 10 News
  6. July 2026
    Development

    Two-tower Gwen Cherry Residences slated for 170 NE 67th Street

    Redwood Development Co. and Magasi, in partnership with Miami-Dade County, planned Gwen Cherry Residences, a 154-unit development across two towers of 11 and 10 stories at 170 NE 67th Street on a 1.6-acre site. The project includes 233 parking spaces and 7,700 square feet of ground-floor retail, replacing aging public housing from the 1970s that holds 24 units.

    What it may mean for the marketReplaces older low-density public housing with two mid-rise towers, expanding the unit count on the site and adding ground-floor retail and structured parking. The site is less than a mile west of Flagler Waterway Estates.

    Source: Florida YIMBY

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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.

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Every Home for Sale in Flagler Waterway Estates Right Now (1)

All 1 active and pending Flagler Waterway Estates listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

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