MEI CONDO in Miami Beach

MEI CONDO
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33140
Median sale $1.40M
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
37/100
Market Heat
Cooler than normal
2020 → 2026 · 70 at the 2023 peak
0 is MEI CONDO's coldest market since 2020, 100 its hottest. Today: 37. How it's scored

Photo via miami

Built fromLive miami data8 years of closingsUpdated twice daily
Live · MEI CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.40M
Median sold · 12 mo
down 14.5% vs the prior 12 months
-14.5%
1-yr price change
n = 5 and 6 sales in the two windows
$1243/sf
Sold $/sqft · 12 mo
peak $1258 in 2025
91.8%
Sale vs ask
Tempo
131days
Median DOM · closed
27 days at the 2022 low
5
Sold · last 12 mo
10-yr average: about 9 a year
Ownership and context
100%
Cash buyers · MEI CONDO
5 of 5 sales, 12 mo ending July 2026
Track record · 8 years of records
1,094sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

MEI Condo is pricing on a small trickle of closings, just five in this window, so every one of these numbers moves more on which unit sold than on broad demand. The median price of $1,400,000 and a median price per square foot of $1,243.34 point to a building where finish level and view line explain most of the spread, not the calendar.

The market heat score of 37 and a median 131 days on market tell the same story from a different angle: this is not a bidding-war building right now. Combined with pricing down 14.5% year over year, sellers here need a number grounded in recent comparable closings, not last year's, and buyers have real room to negotiate on terms and timeline rather than chasing a listing.

MEI CONDO Housing Pulse · Momentum Research · as of July 20, 2026

MEI CONDO right now

🔴 Off the recent peak. The trailing-12-month median ($1.40M) is down 14.5% from the prior 12 months ($1.64M). With about a dozen 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 closed sales, 12-month windows ending July 20. Confidence: Low (5 and 6 sales in the two windows).

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

Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

MEI CONDO market snapshot (as of July 20, 2026): the median sale price is about $1.40M ($1243 per sq ft over the trailing 12 months of closed sales), and a median 131 days on market for closed sales. The trailing-12-month median is down 14% from the prior 12 months, computed from record-level miami closed sales (5 closings in the current window).

MEI Condo sits in the higher end of the Miami-Dade condo market on a price-per-square-foot basis, but with only a handful of closings feeding the trend line, the current read is directional rather than definitive.

Best for

  • A buyer with a defined budget near the current median who is comparing specific units rather than relying on an average price.
  • A purchaser willing to move on a longer timeline given the building's current 131-day median days-on-market.
  • An investor or end user comfortable evaluating a thin closing sample and verifying amenities directly before writing an offer.

Probably not for

  • A buyer who needs amenity details confirmed up front, since none are identified from current MLS listings.
  • Someone expecting a fast, competitive-offer environment; the current market heat score suggests otherwise.
  • A seller expecting last year's pricing; the 14.5% year-over-year decline means comparable-sale-based pricing is essential now.

Windows contain 0 to 21 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 2018 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$1M$1.5M20182020202220242026
Down 14.5% year over year.
Every sale since 2018 · price vs size
$0$2M$4M1k2k3k
85 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$800$1K$1K20182020202220242026
Up from $749 in 2018 to a $1258 peak in 2025; $1243 now.
Median days on market · closed sales
010020020182020202220242026
27 days at the 2022 low; 131 now.
Sale price vs original ask · median
85%90%95%20182020202220242026
91.8% now.
Homes sold per 12-mo window
0102020182020202220242026
0 to 21 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
70 at the 2023 peak, 23 in the troughs, 37 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.

$3,099/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

13% of homes for sale in ZIP 33140 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 (2026-08-18).

MEI CONDO Market Scorecard

Balanced

MEI CONDO is currently a balanced market., and homes go under contract in about 42 days.

$1,400,000
Median sold
$1512
List $/sqft
42
Days on mkt
9/0/0
Active/Pend/Sold

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

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in MEI CONDO

Live MLS inventory for MEI CONDO. 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 MEI CONDO listings as of 2026-08-17, 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 2018 through 2026. Tap any home to ask about it.

If we were buying in MEI CONDO 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 MEI CONDO.

Best Buy
A buyer targeting a high-price-per-square-foot Miami-Dade condo who can evaluate individual units on their own merits.
Biggest Risk
A five-closing sample size means the posted median can shift quickly as new sales report, so treat current figures as directional.
Sweet Spot
Buyers comfortable underwriting a purchase off recent comparable closings rather than the headline median.
Avoid If
Skip this building for now if you need confirmed on-site amenities before committing, since none are documented in current MLS data.

A thin trading window at a high price point

Five closings is a small enough sample that a single high-floor or heavily renovated unit can swing the median meaningfully. Treat the $1,400,000 median and $1,243.34 per-square-foot figure as a snapshot of what recently traded, not a fixed ceiling or floor for the building.

The 131-day median days-on-market figure signals a building where pricing has to be right from the start; overpriced listings appear to be sitting rather than getting bid up. The 14.5% year-over-year decline reinforces that sellers here are better served by comparable-sale evidence than by anchoring to prior-year pricing. Community amenity details were not identified from current MLS listings, so buyers should confirm building amenities directly with the association or listing agent rather than assuming from price point alone.

The location and the amenities are priced into every listing in MEI CONDO. 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 building trading on so few closings, the difference between a fair offer and an overpay is the depth of the comparable-sale work behind it. We pull the actual recent closings, adjust for unit-level condition and view, and price and negotiate MEI Condo listings against that evidence rather than the median alone.

MEI CONDO in 15 seconds.

Best forA buyer targeting a high-price-per-square-foot Miami-Dade condo who can evaluate individual units on their own merits.
Biggest advantageLonger days-on-market and a year-over-year price pullback currently favor buyer negotiation over list price.
Biggest riskA five-closing sample size means the posted median can shift quickly as new sales report, so treat current figures as directional.
Sweet spotBuyers comfortable underwriting a purchase off recent comparable closings rather than the headline median.
Avoid ifSkip this building for now if you need confirmed on-site amenities before committing, since none are documented in current MLS data.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed MEI CONDO sales matched to your home.

What is your MEI CONDO home worth?

Get a no-obligation home value based on real comparable sales in MEI CONDO, 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 MEI CONDO on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in MEI CONDO?
The median sale price in MEI CONDO was $1.40M over the 12 months ending July 20, 2026 (5 closed sales, miami).
How long do homes in MEI CONDO take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 131 days on market (5 sales, miami).
Do cash buyers compete in MEI CONDO?
Cash buyers took 100% of MEI CONDO sales in the 12 months ending July 2026 (5 of 5 closings, miami).
Who is the best real estate agent for MEI CONDO?
The best agent for MEI CONDO is one who actively works Miami Beach 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 MEI CONDO.
How do I find a top Miami Beach real estate agent who knows MEI CONDO?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows MEI CONDO and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for MEI CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your MEI CONDO purchase or sale - no call center and no pressure.
A buyer with a defined budget near the current median who is comparing specific units rather than relying on an average price.Excellent fit
A purchaser willing to move on a longer timeline given the building's current 131-day median days-on-market.Excellent fit
An investor or end user comfortable evaluating a thin closing sample and verifying amenities directly before writing an offer.Excellent fit
A buyer who needs amenity details confirmed up front, since none are identified from current MLS listings.Probably not
Someone expecting a fast, competitive-offer environment; the current market heat score suggests otherwise.Probably not
A seller expecting last year's pricing; the 14.5% year-over-year decline means comparable-sale-based pricing is essential now.Probably not

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2018 (85 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 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 member average and 8 days faster, and we’ll price yours against live your area comps.

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CallFree valuation →
Thinking of selling in MEI CONDO? 5 recorded closings; median 131 days on market (window ending 2026-07-20). 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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