Indian Lake Village in Miami

Indian Lake Village
Condos for Sale in Miami, FL

All 5,173 homes for sale in Miami, FL · median $524,900 · 4,646 condos for sale in Miami · 116 homes for sale in 33172 · Miami-Dade County homes for sale

Community in Miami · Miami-Dade County · ZIP 33172
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Photo via MIAMI MLS

Built fromLive MIAMI MLS dataUpdated twice daily

As of November 2026, Indian Lk Village in Miami, FL has 2 homes for sale. Homes listed or recently sold were built 1977–1979; 3 of 3 report an HOA (median $500/mo).

Last 30 days in Indian Lake Village: 1 new listing (median asking $370,000), 1 under contract right now. As of November 14, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Indian Lake Village Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
33%
Under contract
Miami-Dade: 13% (2,241 of 16,748)
2 · 1
For sale · pending
live counts, refreshed twice daily
Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 22, 2026

Indian Lk Village is pricing at a median of $290,000, with price per square foot at $272.56 — a combination that points to modest, condition-driven value rather than a market commanding a premium. The year-over-year change of -10.1% is a real pullback, not a rounding error, and with only 5 closings in the current window, that figure should be read as directional rather than statistically bulletproof. A market heat score of 19 confirms what the other numbers already suggest: this is a slow, buyer-leaning environment right now.

A median of 47 days on market means listings here are not moving quickly, and sellers who price against last year's numbers will likely sit longer than they expect. For buyers, that translates into room to negotiate on both price and terms. For sellers, the honest posture is to price to the current data, not the memory of a hotter year, and to expect a marketing runway measured in weeks, not days.

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

Indian Lk Village is a smaller, low-volume corner of the Miami-Dade market where pricing currently favors buyers and where the numbers should be read with the small sample size in mind.

MIAMI REALTORS sales records identify 31 homes in INDIAN Lake VILLAGE that have changed hands since 2007, built between 1977 and 1979 (median 1977), with a median living area of about 1,064 sq ft and a typical 2-bedroom, 2-bath layout; 87% are condominiums. 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 with flexible timelines who can wait out a 47-day-plus marketing period on either side of a deal
  • Buyers focused on home condition and value rather than shared community features
  • Value-seeking buyers who want to negotiate in a market currently posting a soft year-over-year trend

Probably not for

  • Sellers expecting last year's pricing to hold given the -10.1% year-over-year shift
  • Buyers who want an amenity-rich community, since none are identified in current listings
  • Anyone requiring a quick, high-certainty closing timeline in a market with a low heat score

The market around Indian Lake Village

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

In ZIP 33172, 133 homes are on the market and 20% 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 33172 (Miami), 36 homes closed in the last 12 months at a median of $300K ($301/sq ft), with a median 43 days on market. Right now 27 active and 3 pending listings put supply at about 9.0 months — a buyer's market. See the live ZIP 33172 housing market and the Miami-Dade County market.

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

Homes For Sale Right Now in Indian Lake Village

Live MLS inventory for Indian Lake Village. 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 Indian Lake Village listings as of 2026-11-13, 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 Indian Lake Village 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 Indian Lake Village.

Best Buy
Buyers comfortable moving on a home valued primarily on its own condition rather than shared amenities.
Biggest Risk
The small closings sample means trend figures can shift quickly as new sales post.
Sweet Spot
Buyers targeting a median-range purchase near $290,000 who plan to hold through a slower resale cycle.
Avoid If
Avoid if you need a fast, competitive-bid transaction or are relying on community amenities as part of the value.

A Market Cooling, Not Collapsing

The core story in Indian Lk Village right now is deceleration. A -10.1% year-over-year shift combined with a market heat score of 19 tells a consistent story: demand has softened relative to a prior period, and sellers no longer have the pricing leverage they may have had. That does not mean values are in freefall — with just 5 closings feeding this window, a handful of transactions can swing the percentage meaningfully. Treat the trend as a signal to negotiate carefully rather than a verdict on long-term value.

Price per square foot at $272.56 against a $290,000 median suggests a compact, moderately sized inventory rather than a mix of dramatically different home sizes. No community amenities are identified in current MLS listings, which means value here is being driven by the home itself — condition, layout, lot — rather than shared recreational features. Buyers should evaluate each listing on its own merits rather than assuming a community-wide amenity package.

“

The location and the amenities are priced into every listing in Indian Lake Village. 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 low-volume, cooling market like this one, the data is thin enough that misreading a single closing can distort the picture. We track the current window closely, price against verified comparables rather than stale trends, and negotiate with the 47-day median in mind so our clients are not leaving time or money on the table in either direction.

Indian Lake Village in 15 seconds.

Best forBuyers comfortable moving on a home valued primarily on its own condition rather than shared amenities.
Biggest advantageThe current negotiating leverage favors buyers given the year-over-year pullback and longer time on market.
Biggest riskThe small closings sample means trend figures can shift quickly as new sales post.
Sweet spotBuyers targeting a median-range purchase near $290,000 who plan to hold through a slower resale cycle.
Avoid ifAvoid if you need a fast, competitive-bid transaction or are relying on community amenities as part of the value.
The takeaway

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

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Real comps, not an automated estimate.
Buyers with flexible timelines who can wait out a 47-day-plus marketing period on either side of a dealExcellent fit
Buyers focused on home condition and value rather than shared community featuresExcellent fit
Value-seeking buyers who want to negotiate in a market currently posting a soft year-over-year trendExcellent fit
Sellers expecting last year's pricing to hold given the -10.1% year-over-year shiftProbably not
Buyers who want an amenity-rich community, since none are identified in current listingsProbably not
Anyone requiring a quick, high-certainty closing timeline in a market with a low heat scoreProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: November 13, 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 Indian Lk Village

Development, infrastructure, retail, and school activity affecting Indian Lk Village, 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
    Market

    Miami-Dade retail construction pipeline reaches 1.3M SF, highest since early 2023

    Colliers data for Q3 2026 show 1.3M SF under construction across 17 developments, double the year-earlier level. Direct vacancy was 3% and triple-net asking rents hit a record $44.34 per SF. Projects include Palm Springs Square in Miami Gardens (Publix signed) and Doral Atrium, which is 95% leased with a Walmart Neighborhood Market.

    What it may mean for the marketMore grocery-anchored and neighborhood retail is coming to Miami Gardens and Doral, while tight vacancy and record rents point to limited available storefront space. The site is about 7 miles northeast of Indian Lk Village.

    Source: Bisnow
  2. October 2026
    Retail & Dining

    Shops at Sunset Place nears demolition for mixed-use redevelopment

    The plan calls for 1,513 residences in seven towers of 12 to 33 stories, a 287-room hotel, a 1,300-seat theater, 202,462 square feet of retail and 65,892 square feet of office. Demolition is now targeted for early 2027 and a first phase around 2029. Plans estimate about $149 million in infrastructure improvements.

    What it may mean for the marketReplaces a largely vacant mall with housing, hotel and street-level retail near Dadeland and the South Dade Metrorail line. The site is about 1 mile northwest of Indian Lk Village.

    Source: Miami Today
  3. October 2026
    Builder Activity

    Swire Properties breaks ground on Residences at Mandarin Oriental, Miami on Brickell Key

    Swire Properties started construction at 500 Brickell Key Drive and 750 Claughton Island Drive on two towers, 66 stories (850 feet) and 33 stories (426 feet). The project includes 326 residences and a 121-room hotel, with Moss as general contractor and completion scheduled for 2030.

    What it may mean for the marketAdds multi-year construction activity and future hotel and residential supply on Brickell Key, near the Brickell employment core. The site is about 8 miles northeast of Indian Lk Village.

    Source: Florida YIMBY
  4. September 2026
    Development

    University of Miami agreement with Coral Gables would add a hospital of up to 100 beds

    A development agreement would allow construction of a hospital with up to 100 beds on the university's Coral Gables campus, offering inpatient, outpatient and emergency care. The agreement would also reshape the campus, which includes the Gables Village residential complex of 1,458 beds slated for mid-2029. Cost, size and timeline for the hospital were not stated.

    What it may mean for the marketA campus hospital would add inpatient and emergency care capacity and healthcare employment in the Coral Gables area. The site is about 2 miles north of Indian Lk Village.

    Source: Miami Today
  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 8 miles northeast of Indian Lk Village.

    Source: Local 10 News
  6. September 2026
    Infrastructure

    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 7 miles north of Indian Lk Village.

    Source: Miami Today

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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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More on Indian Lake Village Condos for Sale in Miami

What it really costs to own in Indian Lake Village

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $500/month across 3 MLS listings (most billed monthly; 2026-11-14). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1977 across 3 listings. An original roof here would be about 49 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

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Just listed in Indian Lake Village

The newest homes for sale in Indian Lake Village right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Indian Lk Village Right Now (3)

All 3 active and pending Indian Lk Village listings with a detail page, newest first, refreshed twice a day from the MLS.

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