Majestic Estates 1st in Miami

Majestic Estates 1st
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33187
Median sale $665K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
72/100
Market Heat
Hotter than normal
2013 → 2026 · 82 at the 2013 peak
0 is Majestic Estates 1st's coldest market since 2013, 100 its hottest. Today: 72. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

As of September 2026, Majestic Estates 1ST Addn in FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 5 recorded sales closed at a median of $665,000, $373 per square foot, a median 31 days on market, sellers accepting 99% of original asking (+7% 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 $11,700 ($10,990 with the full homestead exemption).

Live · Majestic Estates 1st Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$665K
Median sold · 12 mo
up 6.6% vs the prior 12 months
+6.6%
1-yr price change
n = 5 and 6 sales in the two windows
$373/sf
Sold $/sqft · 12 mo
peak $379 in 2025
99.2%
Sale vs ask
Miami-Dade median: 94.0%
+269%
T12M median vs 2012
from a $180K median in 2012
Tempo
31days
Median DOM · closed
15 days at the 2013 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
2 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 5 a year
Track record · 14 years of records
1,774sqft
Median sold home size
12-mo windows, closed sales
Majestic Estates 1st Housing Pulse · Momentum Research · as of September 12, 2026

Majestic Estates 1st right now

🟡 Still climbing. The trailing-12-month median ($665K) is up 6.6% from the prior 12 months ($624K) and up 269% since 2012. With about 5 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 September 12. Confidence: Low (5 and 6 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 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

Majestic Estates 1st market snapshot (as of September 12, 2026): the median sale price is about $665K ($373 per sq ft over the trailing 12 months of closed sales), and a median 31 days on market for closed sales. The trailing-12-month median is up 7% from the prior 12 months and up 269% since 2012, computed from record-level MIAMI MLS closed sales (5 closings in the current window).

Windows contain 1 to 10 sales each (5 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
$200K$400K$600K20122014201620182020202220242026
Up 6.6% year over year; up 269% since 2012.
Every sale since 2012 · price vs size
$0$200K$400K$600K2k2k
77 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$200$300$40020122014201620182020202220242026
Up from $96 in 2012 to a $379 peak in 2025; $373 now.
Median days on market · closed sales
2040608020122014201620182020202220242026
15 days at the 2013 low; 31 now.
Sale price vs original ask · median
98%100%102%20122014201620182020202220242026
99.2% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
051020122014201620182020202220242026
1 to 10 a year; 5 in the current window.
Indexed since 2012 · Majestic Estates 1st vs Miami-Dade
100200300400Miami-Dade +244%Majestic Estates 1st +269%20122014201620182020202220242026
Same MIAMI MLS record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2014202020242026
82 at the 2013 peak, 24 in the troughs, 72 now. Same score as the hero card, full history.

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

20% of homes for sale in ZIP 33187 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).

MAJESTIC ESTATES 1ST ADDN Market Scorecard

Thin data

MAJESTIC ESTATES 1ST ADDN is currently a thin data market. Limited supply, a median asking price of $640,000, and homes go under contract in about 12 days.

n/a
Months supply
$640,000
Median list
n/a
Median sold
$396
Per sqft
12
Days on mkt
2/0/0
Active/Pend/Sold

Typical home value in the 33187 ZIP is $720,811, about 27.3% 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 Majestic Estates 1st

Live MLS inventory for Majestic Estates 1st. 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 Majestic Estates 1st 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 Majestic Estates 1st 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 Majestic Estates 1st.

A closer look at the Majestic Estates 1st market

At a median of $373 per square foot, Majestic Estates 1st 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 up 7% year over year. Homes that do trade take a median 31 days on market, useful leverage on any listing that has lingered.

The location and the amenities are priced into every listing in Majestic Estates 1st. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
9.0A · Buy Score
Long-Term Appreciation10.0/10
Recent Direction7.7/10
Pricing Power9.5/10

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 (9.0). Basis: Long-Term Appreciation +269% since 2012; Recent Direction +6.6% year-over-year; Pricing Power 99.2% sale-to-list. Refreshed with each data update.

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 Majestic Estates 1st sales matched to your home.

What is your Majestic Estates 1st home worth?

Get a no-obligation home value based on real comparable sales in Majestic Estates 1st, 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 Majestic Estates 1st on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Majestic Estates 1st?
The median sale price in Majestic Estates 1st was $665K over the 12 months ending September 12, 2026 (5 closed sales, MIAMI MLS).
How long do homes in Majestic Estates 1st take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 31 days on market (5 sales, MIAMI MLS).
Have Majestic Estates 1st home prices gone up?
The trailing-12-month median is up 269% since 2012, from $180K to $665K (MIAMI MLS closed records).
Who is the best real estate agent for Majestic Estates 1st?
The best agent for Majestic Estates 1st is one who actively works Miami 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 Majestic Estates 1st.
How do I find a top Miami real estate agent who knows Majestic Estates 1st?
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 Majestic Estates 1st and the wider Miami area.
Can Momentum Realty connect me with an agent for Majestic Estates 1st?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Majestic Estates 1st purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near Majestic Estates 1st with Momentum Realty’s local guides.

VPVenetian Parc West0.0 mi awayJFJeannie Forest0.2 mi awayPFPrecious Forest Homes0.2 mi awayQSQuirch Sub0.3 mi awayVPVenetian Parc0.3 mi awayEEEureka Estates0.4 mi awayJEJeannie Estates0.4 mi awayKGKessler Grove0.5 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 (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 local comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in MAJESTIC ESTATES 1ST ADDN? 5 recorded closings; median 31 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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