Aerial view of Hammock Lake

Hammock Lake
Homes for Sale in Coral Gables, FL

All 144 homes for sale in Coral Gables, FL · median $705,000 · 25 homes for sale in 33156 · Miami-Dade County homes for sale

Community in Coral Gables · Miami-Dade County · ZIP 33156
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Built fromLive MIAMI MLS dataUpdated twice daily

As of November 2026, the MLS records 1 closed sale in Hammock Lake No 2 in Coral Gables, FL, the most recent in July 2026. Across Coral Gables as a whole, 85 homes closed in the last 12 months at a median of $1,307,500, 40 median days on market, with 83 homes for sale today. At that median and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $23,000 ($22,290 with the full homestead exemption).

Live · Hammock Lake Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 22, 2026

The numbers on Hammock Lake No 2 right now are thin — a single closing in the current window is not enough volume to draw a price trend line. That does not mean nothing is happening here, it means the market has not generated enough transactions recently for the data to speak on its own.

For a buyer or seller, that changes the approach. Instead of leaning on an aggregate median or a pace-of-market read, pricing has to be built from direct, individual comps — recent sales, active competition, and condition — rather than a community-wide trend.

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

Nearby homes for sale

No active listings inside HAMMOCK LAKE NO 2 right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

8755 SW 54th Ave
$17.85M · 0.1 mi away
6 bd · 7 ba · 12,152 sqft
8755 SW 54th Ave
Listed by Coldwell Banker Realty
5520 Oakwood Ln
$8.50M · 0.4 mi away
5 bd · 5 ba · 6,121 sqft
5520 Oakwood Ln
Listed by BHHS EWM Realty
5600 Oakwood Ln
$6M · 0.4 mi away
4 bd · 4 ba · 5,005 sqft
5600 Oakwood Ln
Listed by BHHS EWM Realty
9501 Kerwood Ct
$8.49M · 0.4 mi away
7 bd · 8 ba · 7,169 sqft
9501 Kerwood Ct
Listed by Douglas Elliman
5071 SW 85th St
$15.50M · 0.4 mi away
7 bd · 10 ba · 8,828 sqft
5071 SW 85th St
Listed by Coldwell Banker Realty
5811 SW 88th St
$3.35M · 0.4 mi away
7 bd · 9 ba · 2,915 sqft
5811 SW 88th St
Listed by One Sotheby's International Realty

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

HAMMOCK LAKE NO 2 sits in Miami-Dade County and, based on current MLS activity, has produced only a single closing in this reporting window — a volume too low to generate a reliable community-level price trend.

MIAMI REALTORS sales records identify 15 homes in HAMMOCK LAKE that have changed hands since 2006, built between 1951 and 2024 (median 1997), with a median living area of about 5,858 sq ft and a typical 6-bedroom, 6.5-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

  • A buyer willing to have an agent pull individual comps rather than rely on published community stats
  • A seller comfortable pricing based on direct comparison to recent, specific sales rather than a trend line
  • Someone prioritizing the home and lot itself over a shared amenity package

Probably not for

  • A buyer who wants to see an established price range or median trend before committing
  • Someone shopping specifically for community amenities, since none are identified in current listings
  • A buyer who needs a high volume of recent comparable sales to feel confident in an offer

The market around Hammock Lake

Hammock Lake is too small for its own price trend, so here is the market around it.

In ZIP 33156, 242 homes are on the market and 17% are under contract — a slower corner of Coral Gables.

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

In ZIP 33156 (Coral Gables), 45 homes closed in the last 12 months at a median of $435K ($378/sq ft), with a median 70 days on market. Right now 63 active and 15 pending listings put supply at about 16.8 months — a soft market. See the live ZIP 33156 housing market and the Miami-Dade County market.

ZIP and county figures describe the wider market, not Hammock Lake specifically. Momentum Research analysis of MLS records.

If we were buying in Hammock Lake 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 Hammock Lake.

Best Buy
Buyers or sellers comfortable pricing off individual comps rather than a community-wide trend.
Biggest Risk
Thin data means there is little recent-sale evidence to lean on when setting or defending a price.
Sweet Spot
A single, well-documented comp-driven listing or purchase rather than a market-timing play.
Avoid If
You need a well-established price trend or amenity list before making a decision.

A Market With Almost No Recent Signal

With just one closing recorded in the current window, Hammock Lake No 2 is not a community you can price off a chart. Low transaction counts happen for a lot of reasons — few homes changing hands, a small footprint, or simply a quiet stretch — and the current snapshot does not tell us which.

Current MLS listings also show no shared community amenities identified. That is a factual read of what is listed, not a judgment on the location itself — it just means value here is going to be driven by the individual home and lot, not by a clubhouse or shared feature set.

“

The location and the amenities are priced into every listing in Hammock Lake. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

When a community's data is this thin, the work shifts from reading a trend line to pulling the right individual comps — recent sales, active competition, and property-specific detail. That is the kind of hands-on comp work we do before advising on price in a market like this.

Hammock Lake in 15 seconds.

Best forBuyers or sellers comfortable pricing off individual comps rather than a community-wide trend.
Biggest advantageLow recorded turnover can mean less competing inventory to price against at any given moment, which can work in a seller's favor.
Biggest riskThin data means there is little recent-sale evidence to lean on when setting or defending a price.
Sweet spotA single, well-documented comp-driven listing or purchase rather than a market-timing play.
Avoid ifYou need a well-established price trend or amenity list before making a decision.
The takeaway

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

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Real comps, not an automated estimate.
A buyer willing to have an agent pull individual comps rather than rely on published community statsExcellent fit
A seller comfortable pricing based on direct comparison to recent, specific sales rather than a trend lineExcellent fit
Someone prioritizing the home and lot itself over a shared amenity packageExcellent fit
A buyer who wants to see an established price range or median trend before committingProbably not
Someone shopping specifically for community amenities, since none are identified in current listingsProbably not
A buyer who needs a high volume of recent comparable sales to feel confident in an offerProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: July 23, 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.

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