Isla Merita
Condos for Sale in Davie, FL

Isla Merita Condominium market snapshot (as of September 20, 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.

In ZIP 33328 (Davie), 357 homes closed in the last 12 months at a median of $642K ($311/sq ft), up 7.2% year over year, with a median 49 days on market. Right now 97 active and 27 pending listings put supply at about 4.8 months — a balanced market. See the live ZIP 33328 housing market and the Broward County market.

BeachesMLS sales records identify 5 homes in Isla Merita Condominium that have changed hands since 2023, built between 1973 and 1973 (median 1973), with a median living area of about 1,358 sq ft and a typical 2-bedroom, 2-bath layout; 60% are condominiums. Source: BeachesMLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Isla Merita Condominium I 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.

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.

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.