Island Way in Aventura

Island Way
Homes for Sale in Aventura, FL

Community in Aventura · Miami-Dade County · ZIP 33180
Median sale $1.83M
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

As of September 2026, Island Way in Aventura, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $1,825,000, $698 per square foot, a median 247 days on market, sellers accepting 80% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $32,110 ($31,390 with the full homestead exemption).

Live · Island Way Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.83M
Median sold · 12 mo
$698/sf
Sold $/sqft · 12 mo
peak $698 in 2026
79.6%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
248days
Median DOM · closed
22 days at the 2020 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
2 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 14 years of records
2,740sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Island Way is pricing on a per-square-foot basis north of $738, with a median sale near $1.85M — this is a market where the finish and the water access do the talking, not the count of amenities. With community amenities showing as none identified from current MLS listings, whatever draws buyers here is coming from the unit itself, the building, or the location, not a shared clubhouse or gym line item.

The bigger signal is the 232-day median days on market against only three closings in the current window. That is a thin, patient market — pricing has to be right from day one because there is no volume of comparable sales cushioning a misstep. Sellers should expect a longer runway than a typical waterfront listing, and buyers who move decisively on a well-priced unit are negotiating against very little competition.

The 60-Second Overview

Island Way market snapshot (as of September 12, 2026): the median sale price is about $1.83M ($698 per sq ft over the trailing 12 months of closed sales), and a median 248 days on market for closed sales.

Island Way trades at a high per-square-foot rate with a median price just under $1.85M, but the small closing count and extended time on market mean each sale is its own negotiation rather than part of a fast-moving trend.

Best for

  • A buyer with a longer purchase timeline who can wait out a slow-moving negotiation.
  • A buyer comfortable pricing off a small, unit-specific comp set rather than a broad market average.
  • A seller prepared to price to condition and position rather than test the top of a thin range.

Probably not for

  • A buyer who needs to close within a tight window.
  • A seller expecting quick turnover based on a typical days-on-market pace.
  • A buyer looking for a community with a defined amenity package as part of the value proposition.

Windows contain 0 to 7 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$1M$1.5M20122014201620182020202220242026
Every sale since 2012 · price vs size
$0$1M$2M2k3k
43 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$400$60020122014201620182020202220242026
Up from $268 in 2012 to a $698 peak in 2026; $698 now.
Median days on market · closed sales
010020020122014201620182020202220242026
22 days at the 2020 low; 248 now.
Sale price vs original ask · median
80%85%90%95%20122014201620182020202220242026
79.6% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 4 in the current window.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

8% of homes for sale in ZIP 33180 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).

ISLAND WAY Market Scorecard

Thin data

ISLAND WAY is currently a thin data market. Limited supply, a median asking price of $1,590,000, and homes go under contract in about 24 days.

n/a
Months supply
$1,590,000
Median list
n/a
Median sold
$668
Per sqft
24
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 33180 ZIP is $463,035, about 4.8% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Island Way

Live MLS inventory for Island Way. 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 Island Way listings as of 2026-09-12, 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 2012 through 2026. Tap any home to ask about it.

If we were buying in Island Way 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 Island Way.

Best Buy
Buyers and sellers dealing in high-per-square-foot waterfront-area units who can work with a slow-moving comp set.
Biggest Risk
A 232-day median days on market means holding costs and timeline uncertainty are real for sellers and buyers alike.
Sweet Spot
A well-conditioned unit priced against the true comp set rather than the broad median.
Avoid If
You need a fast close or a large pool of comparable sales to validate price — Island Way does not offer either right now.

A market of one-off deals, not comps

Three closings in the current window is not enough volume to establish a tight price band — it means the $1,850,000 median and the $738.92 per-square-foot figure are each carrying real weight from a handful of transactions. Buyers should treat any comparable here as a data point, not a formula, and expect real spread between units depending on condition, floor, and view rather than a predictable price curve.

The 232-day median days on market is the number that should shape strategy on both sides. For sellers, it argues for pricing to the property's actual condition and position rather than testing the top of the range — a slow market punishes overreach longer than a fast one does. For buyers, it means there is room to negotiate on terms, timeline, and price, particularly on anything that has already sat past the median.

The location and the amenities are priced into every listing in Island Way. 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 market with this few closings, pricing a listing or evaluating an offer takes more than pulling an average — it requires knowing which of the three recent sales actually compares to your unit and why. We track Island Way's thin transaction history closely enough to tell you where a specific listing sits against it, and we negotiate accordingly on both the list side and the buy side.

Island Way in 15 seconds.

Best forBuyers and sellers dealing in high-per-square-foot waterfront-area units who can work with a slow-moving comp set.
Biggest advantagePer-square-foot pricing near $739 reflects a market valued on the unit and location itself, not on added amenities.
Biggest riskA 232-day median days on market means holding costs and timeline uncertainty are real for sellers and buyers alike.
Sweet spotA well-conditioned unit priced against the true comp set rather than the broad median.
Avoid ifYou need a fast close or a large pool of comparable sales to validate price — Island Way does not offer either right now.

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 Island Way sales matched to your home.

What is your Island Way home worth?

Get a no-obligation home value based on real comparable sales in Island Way, 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 homes for sale in Island Way on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Island Way?
The median sale price in Island Way was $1.83M over the 12 months ending September 12, 2026 (4 closed sales, MIAMI MLS).
How long do homes in Island Way take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 248 days on market (4 sales, MIAMI MLS).
Who is the best real estate agent for Island Way?
The best agent for Island Way is one who actively works Aventura 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 Island Way.
How do I find a top Aventura real estate agent who knows Island Way?
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 Island Way and the wider Aventura area.
Can Momentum Realty connect me with an agent for Island Way?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Island Way purchase or sale - no call center and no pressure.
A buyer with a longer purchase timeline who can wait out a slow-moving negotiation.Excellent fit
A buyer comfortable pricing off a small, unit-specific comp set rather than a broad market average.Excellent fit
A seller prepared to price to condition and position rather than test the top of a thin range.Excellent fit
A buyer who needs to close within a tight window.Probably not
A seller expecting quick turnover based on a typical days-on-market pace.Probably not
A buyer looking for a community with a defined amenity package as part of the value proposition.Probably not

Nearby Communities

Explore more neighborhoods near Island Way with Momentum Realty’s local guides.

IWIsland Way Addn0.1 mi awayGPGolden Pointe0.1 mi awayOIOne Island Place Condo Ii0.1 mi awayOIOne Island Place0.1 mi awaySTSouth Tower At The Point0.1 mi awayAIAtlantic Iii At The Point0.2 mi awayMVMariner Village Garden Co0.2 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2012 (43 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.

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 MIAMI 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 ISLAND WAY? 4 recorded closings; median 247 days on market (window ending 2026-09-12). See the Miami-Dade 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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