MADISON DOWNTOWN CONDO
Homes for Sale in Miami, FL

MADISON DOWNTOWN CONDO market snapshot (as of July 20, 2026): the median sale price is about $280K ($341 per sq ft over the trailing 12 months of closed sales), and a median 89 days on market for closed sales. The trailing-12-month median is down 9% from the prior 12 months, computed from record-level miami closed sales (9 closings in the current window).

This is a downtown Miami-Dade condo market where price is driven almost entirely by unit condition and floorplan rather than by building-wide amenities, and where a longer time-to-contract gives buyers more room to negotiate than the median price alone would suggest.

A median price of $280,000 at $341 per square foot puts MADISON DOWNTOWN CONDO in compact-unit territory. That per-square-foot figure is a useful cross-check for buyers comparing units of different sizes within the building — a smaller unit priced well above that median-per-foot mark is asking for a premium the current market data does not clearly support.

The 89-day median days-on-market, paired with a market heat score of 24, describes a building where listings are not moving quickly. Combined with a -8.8% year-over-year change and a thin closings count of 9, this reads as a market in a cooling phase with limited recent transaction volume. No community amenities were identified from current MLS listings, which means whatever a specific unit or building actually offers should be confirmed directly rather than assumed from the listing category alone.

With only 9 closings in the current window and no amenities data populated in the MLS feed, this is a market where surface-level listing details do not tell the full story. We pull the unit-level and building-level facts — condition, fees, recent comparable closings — before you make an offer or set an asking price, rather than relying on a thin data set alone.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.