Grand Lakes
Homes for Sale in Miami, FL
All 4,258 homes for sale in Miami, FL · median $520,000 · 382 townhomes for sale in Miami · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
Over the 12 months ending 2026-11-10, 5 recorded sales closed at a median of $530,000, $289 per square foot, a median 42 days on market, sellers accepting 96% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $9,320 ($8,610 with the full homestead exemption).
Grand Lakes is pricing on a per-square-foot basis right now, with the median sitting at $518,000 and price per square foot at $268.56. That combination points to a market where condition and finish level are doing most of the work on value, not scarcity or bidding pressure.
A median of 81 days on market and a market heat score of 10 both describe a slow-moving, buyer-patient environment. With only 9 closings in the current window and prices down 5.3% year over year, sellers here need to price to the comp, not to hope, and buyers have room to negotiate on terms and timeline.
Figures in this note are as of July 21, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Grand Lakes market snapshot (as of November 10, 2026): the median sale price is about $530K ($289 per sq ft over the trailing 12 months of closed sales), and a median 42 days on market for closed sales.
In ZIP 33194 (Miami), 37 homes closed in the last 12 months at a median of $525K ($306/sq ft), down 6.1% year over year, with a median 65 days on market. Right now 11 active and 6 pending listings put supply at about 3.6 months — a balanced market. See the live ZIP 33194 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 207 homes in GRAND LAKES that have changed hands since 2005, built between 2003 and 2005 (median 2004), with a median living area of about 2,223 sq ft and a typical 4-bedroom, 3-bath layout. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Grand Lakes is trading at a median of $518,000 with a slower pace of sale than an active market would show, which tells buyers there is time to evaluate and sellers there is little room for stretch pricing.
Who Grand Lakes is best for.
Best for
- Buyers who want negotiating leverage and are not on a tight closing deadline
- Buyers focused on value per square foot who are comfortable evaluating condition-driven pricing
- Sellers prepared to price at or near the current median rather than chase last year's numbers
Probably not for
- Sellers expecting a quick sale at a premium above recent comps
- Buyers who need a high-volume comp set to feel confident in an offer
- Anyone relying on year-over-year price growth to justify the purchase
Homes For Sale Right Now in Grand Lakes
Live MLS inventory for Grand Lakes. 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 Grand Lakes listings as of 2026-11-10, 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.
The Grand Lakes buying strategy.
If we were buying in Grand Lakes 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 Grand Lakes.
A market where patience sets the price
With 81 median days on market, homes in Grand Lakes are not moving on urgency. That number reflects a community where buyers can take the time to inspect, compare, and negotiate rather than compete on speed. Paired with a market heat score of 10, the current posture favors buyers on process, not just price.
The year-over-year figure of -5.3% and a thin closings window of 9 sales mean the comp set here is small and moving in a softer direction. That is not a reason to avoid the community, but it is a reason to lean on current, local data rather than last year's numbers when setting an offer or a list price.
The location and the amenities are priced into every listing in Grand Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, with only 9 closings to reference, pricing strategy has to be built off the right comps and current per-square-foot data, not general assumptions. We track the median, the price per square foot, and days on market in Grand Lakes directly so you are negotiating from what is actually happening now, not what happened a year ago.
Grand Lakes in 15 seconds.
Tools for a Grand Lakes 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 Grand Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Grand Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Grand Lakes home worth?
Get a no-obligation home value based on real comparable sales in Grand Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in GRAND LAKES
Homes in GRAND LAKES 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. 4 on record.
- 14909 SW 8th Ter · off market
- 14946 SW 9th Way · off market
- 14964 SW 8 Ln · off market
- 14970 SW 9th Ter · off market
| Location | Miami, Miami-Dade County, FL · ZIP 33194 |
|---|---|
| Sale prices, last 12 months | $530,000 median across 5 closed sales · $289 per sq ft |
| Days on market (closed sales) | 42 median |
| For sale right now | 0 active, 2 pending |
Data as of November 10, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Grand Lakes key facts,” movewithmomentum.com/neighborhoods/grand-lakes, data as of November 10, 2026.
Every Home for Sale in Grand Lakes Right Now (2)
All 2 active and pending Grand Lakes listings with a detail page, newest first, refreshed twice a day from the MLS.
- 894 SW 149th Ct · $534,900 · 4 bd / 3 ba · pending · listed Oct 19, 2026 · listed by Realty Way, LLC.
- 15064 SW 8th Ln · $530,000 · 3 bd / 3 ba · pending · listed Aug 12, 2026 · listed by First Way Realty Services Inc
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- SW 11 Street (10 homes on record)
- SW 151 Place (10 homes on record)
- SW 9Th Terrace (9 homes on record)
- SW 22 Street (9 homes on record)
- SW 149Th Court (7 homes on record)
- SW 11Th Street (6 homes on record)
- SW 10 Street (6 homes on record)
- SW 151St Place (6 homes on record)
- SW 151St Place (6 homes on record)
- SW 149 Avenue (6 homes on record)
- SW 150Th Avenue (6 homes on record)
- SW 9Th Lane (5 homes on record)
Recent Developments in Grand Lakes
Development, infrastructure, retail, and school activity affecting Grand Lakes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Development
Subcontractor liens and suits top $20M at Miami Freedom Park near the airport
Subcontractors have filed more than $20M in liens and lawsuits tied to the Inter Miami stadium, which opened in April 2026 as phase one of a 131-acre, $1B district. Planned later phases include about 240K SF of retail, 360K SF of restaurants, 750 hotel rooms and 400K SF of offices. About 120K SF of retail leases are signed so far.
What it may mean for the marketPayment disputes could affect the pace of the retail, hotel and office phases planned beside the stadium, which shapes future dining, shopping and job options near the airport. The site is about 2 miles southeast of Grand Lakes.
Source: Bisnow - October 2026Infrastructure
Ross and Soffer drop plans for Miami International Airport hotel after FAA rejection
The developers abandoned a 451-room Westin-branded hotel on a 1.8-acre airport site after the FAA said the design created a radar blind spot, and a shorter redesign was also rejected. The county plans to end the 50-year ground lease within about a month and speed up a new request for proposals.
What it may mean for the marketA new proposal round could still bring the airport's first new hotel in over 60 years, but the timing of on-site lodging and jobs is now uncertain. The site is about 2 miles southwest of Grand Lakes.
Source: Bisnow - 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 Grand Lakes.
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 5 miles east of Grand Lakes.
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 2 miles north of Grand Lakes.
Source: Hoodline - 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 south of Grand Lakes.
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.
27% of homes for sale in ZIP 33194 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 (2026-11-11).
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Frequently Asked Questions
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Where is Grand Lakes, and what county is it in?
Should you buy in Grand Lakes?
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: November 10, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending November 10, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
| Historical depth | Closed-sale records back to 2026 (5 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.
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