Flagler Waterway Estates
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, Flagler Waterway Estates in Miami, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $1,527,500, $487 per square foot, a median 73 days on market, sellers accepting 93% of original asking (+39% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $26,870 ($26,160 with the full homestead exemption).
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.
Flagler Waterway Estates right now
🟢 Still climbing. The trailing-12-month median ($1.53M) is up 38.9% from the prior 12 months ($1.10M). 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 12. Confidence: Low (4 and 5 sales in the two windows).
What's unique here: the median sale price is about 3x the typical Miami-Dade County sale ($1.53M vs $555K, trailing 12 months, MIAMI MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 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
Flagler Waterway Estates market snapshot (as of September 12, 2026): the median sale price is about $1.53M ($487 per sq ft over the trailing 12 months of closed sales), and a median 73 days on market for closed sales. The trailing-12-month median is up 39% from the prior 12 months, computed from record-level MIAMI MLS closed sales (4 closings in the current window).
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.
Who Flagler Waterway Estates is best for.
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
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1.53M) IS the median in the snapshot above, and the move from 2025 ($1.10M) IS the +38.9% one-year change.
Windows contain 0 to 6 sales each (4 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 2015 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.
FLAGLER WATERWAY ESTATES Market Scorecard
FLAGLER WATERWAY ESTATES is currently a thin data market. Limited supply, a median asking price of $1,799,500, and homes go under contract in about 28 days.
Typical home value in the 33144 ZIP is $626,128, about 112.0% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
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 2026-09-12, 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 2015 through 2026. Tap any home to ask about it.
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 August 2026.
- July 2026Development
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 - 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 project is about 3 miles south of Flagler Waterway Estates, elsewhere in Miami-Dade County.
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 project is about 2 miles south of Flagler Waterway Estates, elsewhere in Miami-Dade County.
Source: The Real Deal - July 2026Development
619 Brickell by Nobu condo tower wins review board approval
The Miami Urban Development Review Board recommended approval for 619 Brickell by Nobu, a 75-story tower with 321 units from 13th Floor Investments and Key International at 619 Brickell Avenue. The design by Foster and Partners and Sieger Suarez preserves First Miami Presbyterian Church and adds ground-floor commercial space and a public baywalk.
What it may mean for the marketAdds a branded ultra-tall condo tower to the Brickell waterfront while preserving an existing church, expanding luxury housing and adding public baywalk and commercial space. The project is about 5 miles south of Flagler Waterway Estates, elsewhere in Miami-Dade County.
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 project is about 2 miles southwest of Flagler Waterway Estates, elsewhere in Miami-Dade County.
Source: Florida YIMBY - May 2026Development
Miami Beach board approves Terra's 106-unit luxury condo tower at 1250 West Avenue
Miami Beach's Design Review Board granted unanimous approval for a 330-foot condo tower with 106 units at 1250 West Avenue, developed by Terra Group with RG Development Group and GV Development. The building would replace a 15-story, 238-unit condo constructed in 1964 and include two penthouses with rooftop pools and ground-floor commercial space.
What it may mean for the marketAdds a new luxury condo tower to the West Avenue corridor, replacing an aging mid-century building with a taller structure and ground-floor retail space, reshaping the bayfront skyline and local housing stock. The project is about 4 miles southeast of Flagler Waterway Estates, elsewhere in Miami-Dade County.
Source: The Real Deal
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.
The Flagler Waterway Estates buying strategy.
If we were buying in Flagler Waterway Estates 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 Flagler Waterway Estates.
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.
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.
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 Flagler Waterway Estates 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 Flagler Waterway Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Flagler Waterway Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Flagler Waterway Estates home worth?
Get a no-obligation home value based on real comparable sales in Flagler Waterway Estates, 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 homes for sale in Flagler Waterway Estates on the map →
Frequently Asked Questions
What is the median home price in Flagler Waterway Estates?
How long do homes in Flagler Waterway Estates take to sell?
Who is the best real estate agent for Flagler Waterway Estates?
How do I find a top Miami real estate agent who knows Flagler Waterway Estates?
Can Momentum Realty connect me with an agent for Flagler Waterway Estates?
Should you buy in Flagler Waterway Estates?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Flagler Waterway Estates with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2015 (39 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 FLAGLER WATERWAY ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores: