GEM HOMES NO TWO
Homes for Sale in Homestead, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
The headline number here is the year-over-year move: prices are down 12.7% against the prior period, landing the current median at $462,500. With only 4 closings in this window, that swing should be read as directional, not definitive — a small handful of sales can shift a median significantly. Price per square foot sits at $420.37, which is the more stable figure to anchor on if you're comparing this community to others nearby.
At just over 30 days median time on market, homes here aren't sitting stale, but they're not moving instantly either. That's a market where sellers need to price to condition and location rather than to last year's number, and buyers have room to negotiate without needing to chase. Given the thin closings count, we'd treat any single comp with caution and lean on price-per-square-foot trends plus direct inspection of what's currently active before setting expectations either way.
GEM HOMES NO TWO right now
🔴 Off the recent peak. The trailing-12-month median ($462K) is down 12.7% from the prior 12 months ($530K). With about 3 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 closed sales, 12-month windows ending July 20. Confidence: Low (4 and 3 sales in the two windows).
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Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
GEM HOMES NO TWO market snapshot (as of July 20, 2026): the median sale price is about $462K ($420 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales. The trailing-12-month median is down 13% from the prior 12 months, computed from record-level miami closed sales (4 closings in the current window).
GEM HOMES NO TWO is a small-sample slice of the Miami-Dade market — pricing here moves on individual home condition and lot characteristics more than on any broad community trend, and the recent pullback in median price reflects that thin trading volume as much as any shift in demand.
Who GEM HOMES NO TWO is best for.
Best for
- Buyers comfortable evaluating a home on its own merits without relying on shared community amenities
- Buyers working with a budget near the $462,500 median who want to use price-per-square-foot as their primary value check
- Sellers prepared to price against current condition and comps rather than last year's market level, given the recent downward price shift
Probably not for
- Buyers who want amenity-rich community infrastructure as part of the purchase
- Anyone trying to draw firm market conclusions from a single median price given the thin, 4-sale closings window
- Sellers expecting the prior year's pricing level given the -12.7% year-over-year shift
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($462K) IS the median in the snapshot above, and the move from 2025 ($530K) IS the -12.7% one-year change.
Windows contain 0 to 7 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 2014 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.
21% of homes for sale in ZIP 33033 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 (2026-08-18).
GEM HOMES NO TWO Market Scorecard
GEM HOMES NO TWO is currently a balanced market..
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in GEM HOMES NO TWO
Live MLS inventory for GEM HOMES NO TWO. 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 GEM HOMES NO TWO listings as of 2026-08-17, 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 2014 through 2026. Tap any home to ask about it.
The GEM HOMES NO TWO buying strategy.
If we were buying in GEM HOMES NO TWO 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 GEM HOMES NO TWO.
Reading a thin data set
Four closings is not enough volume to draw firm conclusions about direction — it's enough to tell you the market is active, but not enough to smooth out the noise of one or two unusual sales. That's the honest caveat behind the -12.7% year-over-year figure: it may reflect a genuine softening, or it may reflect a different mix of homes selling this period versus last. Either way, price per square foot at $420.37 is currently the steadier reference point for value.
No shared amenities have been identified from current MLS listings for this community, which means whatever appeal exists here is tied to the individual homes and their immediate location rather than to clubhouse, pool, or recreational infrastructure. Buyers should evaluate each listing on its own physical merits — lot, layout, condition — rather than assuming community-level extras factor into the price.
The location and the amenities are priced into every listing in GEM HOMES NO TWO. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume market like this one, comp selection matters more than usual — pull the wrong three sales and you'll misprice a listing or misjudge an offer. We work the price-per-square-foot data alongside the raw closings so you're not anchored to a median that four transactions can swing in either direction.
GEM HOMES NO TWO in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 GEM HOMES NO TWO 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 GEM HOMES NO TWO sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in GEM HOMES NO TWO, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your GEM HOMES NO TWO home worth?
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Recent Developments in Gem Homes No Two
Development, infrastructure, retail, and school activity affecting Gem Homes No Two, 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 northeast of Gem Homes No Two.
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 Gem Homes No Two, 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 Gem Homes No Two, 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 4 miles south of Gem Homes No Two, 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 site is about 2 miles south of Gem Homes No Two.
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 5 miles southeast of Gem Homes No Two, 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.
Frequently Asked Questions
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Should you buy in GEM HOMES NO TWO?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2014 (41 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 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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