Lakes by the Bay Kaye
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
Over the 12 months ending 2026-07-20, 8 recorded sales closed at a median of $590,000, $310 per square foot, a median 91 days on market, sellers accepting 95% of original asking (-12% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $10,380 ($9,670 with the full homestead exemption).
Lakes by the Bay Kaye right now
🔴 Off the recent peak. The trailing-12-month median ($590K) is down 11.8% from the prior 12 months ($669K) and up 165% since 2012. With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending July 20. Confidence: Low (8 and 3 sales in the two windows).
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Updated July 20, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lakes by the Bay Kaye market snapshot (as of July 20, 2026): the median sale price is about $590K ($311 per sq ft over the trailing 12 months of closed sales), and a median 91 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months and up 165% since 2012, computed from record-level MIAMI MLS closed sales (8 closings in the current window).
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($590K) IS the median in the snapshot above, and the move from 2025 ($669K) IS the -11.8% one-year change.
Windows contain 1 to 10 sales each (8 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.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
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.
LAKES BY THE BAY KAYE Market Scorecard
LAKES BY THE BAY KAYE is currently a thin data market. Limited supply, a median asking price of $610,000, and homes go under contract in about 63 days.
Typical home value in the 33190 ZIP is $436,607, about 15.2% 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 Lakes by the Bay Kaye
Live MLS inventory for Lakes by the Bay Kaye. 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 Lakes by the Bay Kaye listings as of 2026-09-09, 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.
The Lakes by the Bay Kaye buying strategy.
If we were buying in Lakes by the Bay Kaye 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 Lakes by the Bay Kaye.
A closer look at the Lakes by the Bay Kaye market
At a median of $311 per square foot, Lakes by the Bay Kaye prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median down 12% year over year. Homes that do trade take a median 91 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Lakes by the Bay Kaye. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Lakes by the Bay Kaye buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.5). Basis: Long-Term Appreciation +165% since 2012; Recent Direction -11.8% year-over-year; Pricing Power 95.4% sale-to-list. Refreshed with each data update.
HOA, CDD & Fees
- 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.
Tools for a Lakes by the Bay Kaye 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 Lakes by the Bay Kaye sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lakes by the Bay Kaye, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lakes by the Bay Kaye home worth?
Get a no-obligation home value based on real comparable sales in Lakes by the Bay Kaye, 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 Lakes by the Bay Kaye on the map →
Recently off market in LAKES BY THE BAY KAYE
Homes in LAKES BY THE BAY KAYE that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 8815 SW 221st Ter · off market
Frequently Asked Questions
What is the median home price in Lakes by the Bay Kaye?
How long do homes in Lakes by the Bay Kaye take to sell?
Do cash buyers compete in Lakes by the Bay Kaye?
Have Lakes by the Bay Kaye home prices gone up?
Who is the best real estate agent for Lakes by the Bay Kaye?
How do I find a top Miami real estate agent who knows Lakes by the Bay Kaye?
Can Momentum Realty connect me with an agent for Lakes by the Bay Kaye?
Data sources & freshness
| Community market stats | MIAMI MLS closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2012 (77 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 your area comps.
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More Miami & Miami & Miami-Dade County guides
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See how LAKES BY THE BAY KAYE fits the bigger picture — live prices, inventory, and Momentum Scores: