Isla Merita Condominium I
Homes for Sale in Davie, FL
True comps, carrying-cost math, and listings before the portals.
Isla Merita Condominium I 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.
The 60-Second Overview
Isla Merita Condominium I market snapshot (as of July 15, 2026): the median sale price is about $292K ($215 per sq ft over the trailing 12 months of closed sales), and a median 34 days on market for closed sales.
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.
Who Isla Merita Condominium I is best for.
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
The Isla Merita Condominium I buying strategy.
If we were buying in Isla Merita Condominium I 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 Isla Merita Condominium I.
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 I. The deal is won or lost on condition, the comps, and the renovation math.
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 I in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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.
Tools for a Isla Merita Condominium I 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 Isla Merita Condominium I sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Isla Merita Condominium I, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Isla Merita Condominium I home worth?
Get a no-obligation home value based on real comparable sales in Isla Merita Condominium I, 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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Frequently Asked Questions
What is the median home price in Isla Merita Condominium I?
How long do homes in Isla Merita Condominium I take to sell?
Who is the best real estate agent for Isla Merita Condominium I?
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Should you buy in Isla Merita Condominium I?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Beaches MLS closed sales, 12-month windows ending July 15, 2026 |
| Under-contract shares | Beaches MLS records, as of 2026-07-12 |
| Historical depth | Closed-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.
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