Isla Merita Condominium in Davie

Isla Merita Condominium
Condos for Sale in Davie, FL

Community in Davie · Broward County · ZIP 33328
Median sale $292K
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Photo via Beaches MLS

Built fromLive Beaches MLS data3 years of closingsUpdated twice daily

As of September 2026, Isla Merita Condominium in Davie, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $292,000, $215 per square foot, a median 34 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 1973–1973; 4 of 4 report an HOA (median $499/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 5 ft). At the median price and Broward County's FY2025-26 rate of 19.84 mills, annual property tax runs about $5,790 ($4,960 with the full homestead exemption).

Live · Isla Merita Condominium Housing Pulse Beaches MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$292K
Median sold · 12 mo
$215/sf
Sold $/sqft · 12 mo
peak $215 in 2026
97.3%
Sale vs ask
Broward median: 93.9%
Tempo
4.0mo
Supply
3 to 6 months is the balanced band
34days
Median DOM · closed
34 days at the 2026 low
0%
Under contract
Broward: 19% (3,232 of 17,420)
1 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Track record · 3 years of records
1,358sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Isla Merita Condominium sits in Davie with a $292,000 median and a median close just over a month. With only three closings in our window, the sample is too small to draw firm conclusions about trend, but the snapshot suggests steady transactional pace for a condo community in this part of Broward.

At $215 per square foot, pricing here reflects the practical, moderate-density end of the Davie condo market. Condition, unit location within the building, and deferred maintenance are likely the decisive factors in any individual sale. For buyers, that DOM figure means negotiating leverage exists but inventory moves; for sellers, pricing discipline and presentation matter more than ever.

Isla Merita Condominium Housing Pulse · Momentum Research · as of September 12, 2026

Isla Merita Condominium right now

🟡 Balanced market. 4.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 12, 2026. Confidence: Low (1 active and pending listings, 3 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Isla Merita Condominium market snapshot (as of September 12, 2026): the median sale price is about $292K ($215 per sq ft over the trailing 12 months of closed sales), a median 34 days on market for closed sales, and 4.0 months of supply, a balanced market.

Isla Merita Condominium is a condo community in Davie where recent transactions have landed at a $292,000 median and units have moved in just over a month—a market that rewards realistic pricing and penalizes overreach.

Best for

  • First-time buyers with $290K–$310K all-in budgets seeking Davie location and manageable HOA fees
  • Investors willing to underwrite tenant turnover and assessment risk in exchange for sub-$300K entry
  • Downsizers trading single-family upkeep for lock-and-leave simplicity without luxury expectations

Probably not for

  • Buyers who need community pools, fitness centers, or clubhouse amenities as part of the value proposition
  • Anyone relying on three-month market velocity as predictive—the sample is too small for trend confidence
  • Households averse to special-assessment exposure or unwilling to review reserve studies and meeting minutes before contract

Homes For Sale Right Now in Isla Merita Condominium

Live MLS inventory for Isla Merita Condominium. 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 Isla Merita Condominium listings as of 2026-09-12, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.

Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Broward County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Silver Ridge · Elementary
  • Indian Ridge · Middle
  • Western · High

Zoned schools reflect the assignments reported on recent Isla Merita Condominium listings and can change; always confirm with Broward County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Isla Merita Condominium address.

If we were buying in Isla Merita Condominium 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 Isla Merita Condominium.

Best Buy
Buyers seeking value-driven condo ownership in Davie who will do their own HOA homework and price aggressively.
Biggest Risk
A three-transaction sample means the median can swing on condition or one outlier—your comp set is fragile.
Sweet Spot
A buyer who knows the difference between deferred maintenance and a deal, and who budgets for future assessments before bidding.
Avoid If
You expect resort amenities, you need predictable appreciation data, or you will not read HOA financials before you close.

What the numbers mean at Isla Merita

The $215 per square foot median tells you this is value-driven condo product, not luxury. At $292,000, buyers are acquiring practical square footage in Davie—inland Broward access, no pretense. The 34-day median DOM is neither fire-sale urgency nor stagnation; it's a normal absorption rate for condos priced to the market.

With only three closings in our three-month window, statistical noise is real. One outlier—pristine versus deferred, corner versus interior, first floor versus penthouse—can shift the median materially. What we can say with confidence: inventory here does not linger when priced correctly, and buyers who hesitate past inspection often lose the unit.

The MLS data surface no community amenities, which means you are buying the unit and the location, not resort-style common areas. Budget accordingly for HOA reserves and assess the building's capital-improvement timeline before you write an offer. If the elevator needs replacement or the roof is nearing end-of-life, that special assessment will land on your balance sheet.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Condo due diligence in Broward is document-heavy and mistake-costly. Momentum agents read association budgets, reserve studies, and meeting minutes the way other brokers skim listing remarks. We will tell you when the HOA financials are a red flag, when that DOM reflects a pricing correction rather than a defect, and when walking away is the smartest move you will make. In a three-sale sample market, institutional knowledge and honest counsel are the only edge that matters.

Isla Merita Condominium in 15 seconds.

Best forBuyers seeking value-driven condo ownership in Davie who will do their own HOA homework and price aggressively.
Biggest advantageThe $215 per-foot median delivers accessible entry in Broward without the carrying cost of a single-family home.
Biggest riskA three-transaction sample means the median can swing on condition or one outlier—your comp set is fragile.
Sweet spotA buyer who knows the difference between deferred maintenance and a deal, and who budgets for future assessments before bidding.
Avoid ifYou expect resort amenities, you need predictable appreciation data, or you will not read HOA financials before you close.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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

What is your Isla Merita Condominium home worth?

Get a no-obligation home value based on real comparable sales in Isla Merita Condominium, 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 all homes for sale in Davie →

Real comps, not an automated estimate.
How much local inventory is already under contract

26% of homes for sale in ZIP 33328 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 (2026-09-12).

Frequently Asked Questions

What is the median home price in Isla Merita Condominium?
The median sale price in Isla Merita Condominium was $292K over the 12 months ending September 12, 2026 (3 closed sales, Beaches MLS).
How long do homes in Isla Merita Condominium take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 34 days on market (3 sales, Beaches MLS).
Is Isla Merita Condominium a buyer's or seller's market right now?
As of September 12, 2026, Isla Merita Condominium is roughly balanced: 4.0 months of supply at the current sales pace (Beaches MLS live counts).
Who is the best real estate agent for Isla Merita Condominium?
The best agent for Isla Merita Condominium is one who actively works Davie and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Isla Merita Condominium.
How do I find a top Davie real estate agent who knows Isla Merita Condominium?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Isla Merita Condominium and the wider Davie area.
Can Momentum Realty connect me with an agent for Isla Merita Condominium?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Isla Merita Condominium purchase or sale - no call center and no pressure.
First-time buyers with $290K–$310K all-in budgets seeking Davie location and manageable HOA feesExcellent fit
Investors willing to underwrite tenant turnover and assessment risk in exchange for sub-$300K entryExcellent fit
Downsizers trading single-family upkeep for lock-and-leave simplicity without luxury expectationsExcellent fit
Buyers who need community pools, fitness centers, or clubhouse amenities as part of the value propositionProbably not
Anyone relying on three-month market velocity as predictive—the sample is too small for trend confidenceProbably not
Households averse to special-assessment exposure or unwilling to review reserve studies and meeting minutes before contractProbably not

Nearby Communities

Explore more neighborhoods near Isla Merita Condominium with Momentum Realty’s local guides.

AWAlpine Woods Davie0.2 mi awayRHRolling Hills Davie0.5 mi awayFRForest Ridge Davie0.6 mi awayRHRolling Hills Golf And Te Davie0.7 mi awayMDMarigold Davie1.2 mi awayEAEscape At Arrowhead Davie1.4 mi awayArrowhead Golf And Tennis Davie1.5 mi awayPIPine Island Ridge Section Davie1.6 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsBeaches MLS, refreshed twice daily (last: September 12, 2026)
Community market statsBeaches MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesBeaches MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2023 (7 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 Beaches 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 Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in Isla Merita Condominium I? 3 recorded closings; median 34 days on market (window ending 2026-09-12). See the Broward County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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