MIAMI SHORES ESTATES in Miami Shores

MIAMI SHORES ESTATES
Homes for Sale in Miami Shores, FL

Community in Miami Shores · Miami-Dade County · ZIP 33138
Median sale $1.06M
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Live Market Pulse
24/100
Market Heat
Cooler than normal
2015 → 2026 · 74 at the 2022 peak
0 is MIAMI SHORES ESTATES's coldest market since 2015, 100 its hottest. Today: 24. How it's scored

Photo via miami

Built fromLive miami data13 years of closingsUpdated twice daily
Live · MIAMI SHORES ESTATES Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.06M
Median sold · 12 mo
up 3.3% vs the prior 12 months
+3.3%
1-yr price change
n = 6 and 4 sales in the two windows
$504/sf
Sold $/sqft · 12 mo
peak $615 in 2025
83.8%
Sale vs ask
Tempo
94days
Median DOM · closed
6 days at the 2016 low
6
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
17%
Cash buyers · MIAMI SHORES ESTATES
1 of 6 sales, 12 mo ending July 2026
Track record · 13 years of records
2,240sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Miami Shores Estates is pricing well north of a million dollars at a median of $1,055,000, with a per-square-foot figure just above $504 that points to established, larger homes rather than starter product. The market heat score of 24 tells the real story here: this is a slow-moving, low-volume corner of Miami-Dade, and the median 94-day time on market backs that up. Sellers should plan on a longer sales cycle, not a quick turn.

With only six closings in the current window, pricing signals here are thin — a single high or low sale can shift the median noticeably. The 3.3% year-over-year gain is modest and steady rather than a sign of a hot market, which fits the low heat score. Buyers get room to negotiate and time to do real diligence; sellers need pricing that's grounded in comparable condition and square footage, not just the last headline number.

MIAMI SHORES ESTATES Housing Pulse · Momentum Research · as of July 20, 2026

MIAMI SHORES ESTATES right now

🟡 Still climbing. The trailing-12-month median ($1.06M) is up 3.3% from the prior 12 months ($1.02M). With about 6 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 (6 and 4 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

MIAMI SHORES ESTATES market snapshot (as of July 20, 2026): the median sale price is about $1.06M ($504 per sq ft over the trailing 12 months of closed sales), and a median 94 days on market for closed sales. The trailing-12-month median is up 3% from the prior 12 months, computed from record-level miami closed sales (6 closings in the current window).

Miami Shores Estates sits in the higher end of the county's price spectrum, with a market posture that rewards patience over speed on both sides of a transaction.

Best for

  • Buyers with a budget near the $1,055,000 median who are prepared for a 90-day-plus search-to-close timeline.
  • Move-up buyers seeking more square footage per dollar than tighter, faster-moving markets in the county.
  • Sellers who can price patiently to comparable per-square-foot data and hold through a longer marketing period.

Probably not for

  • Buyers needing to close in a matter of weeks rather than months.
  • Sellers expecting a bidding-war outcome typical of a high market heat score.
  • Anyone relying on a shared amenity package, since none is currently identified in MLS listings.

Windows contain 0 to 17 sales each (6 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 2013 through 2025. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$500K$1M2014201620182020202220242026
Up 3.3% year over year.
Every sale since 2013 · price vs size
$0$1M$2M2k3k4k
77 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$400$6002014201620182020202220242026
Up from $240 in 2013 to a $615 peak in 2025; $504 now.
Median days on market · closed sales
0501002014201620182020202220242026
6 days at the 2016 low; 94 now.
Sale price vs original ask · median
85%90%95%100%2014201620182020202220242026
83.8% now.
Homes sold per 12-mo window
0510152014201620182020202220242026
0 to 17 a year; 6 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2016202220242026
74 at the 2022 peak, 24 in the troughs, 24 now. Same score as the hero card, full history.

MIAMI SHORES ESTATES Market Scorecard

Balanced

MIAMI SHORES ESTATES is currently a balanced market., and homes go under contract in about 3 days.

$1,055,000
Median sold
$807
List $/sqft
3
Days on mkt
5/1/0
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 MIAMI SHORES ESTATES

Live MLS inventory for MIAMI SHORES ESTATES. 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 MIAMI SHORES ESTATES listings as of 2026-08-21, 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 2013 through 2025. Tap any home to ask about it.

If we were buying in MIAMI SHORES ESTATES 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 MIAMI SHORES ESTATES.

Best Buy
Buyers and sellers comfortable with a longer transaction timeline in exchange for a higher-value property.
Biggest Risk
A thin sales sample of six closings means the median price can swing with just one or two transactions.
Sweet Spot
Well-maintained, larger homes priced to reflect true per-square-foot value rather than aspirational asking prices.
Avoid If
You need a fast close or expect competitive, multiple-offer conditions typical of a hotter market.

A slow, high-value market

The numbers describe a community where pricing per square foot is a better guide than any headline home price — at just over $504 per square foot, condition and layout will move a valuation more than location premiums alone. With a median list-to-close window of 94 days, this isn't a market where homes move in a week; sellers who price to the comps and are willing to wait out a proper marketing period tend to do better than those chasing a fast close.

The low market heat score of 24 combined with a small six-sale closing window means the data here should be read as a directional signal, not a precise forecast. No community amenities are identified from current MLS listings, so buyers evaluating lifestyle draw should look at the individual property and its immediate setting rather than assume a shared amenity package.

The location and the amenities are priced into every listing in MIAMI SHORES ESTATES. 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 low-volume, higher-price market like this one, pricing strategy and patience matter more than volume of showings. We build offers and listings around the actual per-square-foot data and realistic days-on-market expectations, not around what a market with more transactions would suggest.

MIAMI SHORES ESTATES in 15 seconds.

Best forBuyers and sellers comfortable with a longer transaction timeline in exchange for a higher-value property.
Biggest advantagePer-square-foot pricing near $504 gives a concrete, defensible basis for valuation in a market with few comparable closings.
Biggest riskA thin sales sample of six closings means the median price can swing with just one or two transactions.
Sweet spotWell-maintained, larger homes priced to reflect true per-square-foot value rather than aspirational asking prices.
Avoid ifYou need a fast close or expect competitive, multiple-offer conditions typical of a hotter market.

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 MIAMI SHORES ESTATES sales matched to your home.

What is your MIAMI SHORES ESTATES home worth?

Get a no-obligation home value based on real comparable sales in MIAMI SHORES ESTATES, 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 MIAMI SHORES ESTATES on the map →

Real comps, not an automated estimate.

Recent Developments in Miami Shores Estates

Development, infrastructure, retail, and school activity affecting Miami Shores Estates, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

  1. July 2026
    Development

    Two-tower Gwen Cherry Residences slated for 170 NE 67th Street

    Redwood Development Co. and Magasi, in partnership with Miami-Dade County, planned Gwen Cherry Residences, a 154-unit development across two towers of 11 and 10 stories at 170 NE 67th Street on a 1.6-acre site. The project includes 233 parking spaces and 7,700 square feet of ground-floor retail, replacing aging public housing from the 1970s that holds 24 units.

    What it may mean for the marketReplaces older low-density public housing with two mid-rise towers, expanding the unit count on the site and adding ground-floor retail and structured parking. The site is about 2 miles southwest of Miami Shores Estates.

    Source: Florida YIMBY
  2. July 2026
    Development

    Construction permits filed for two-tower Biscayne 18 in Edgewater

    Melo Group filed construction permit applications with the City of Miami for Biscayne 18, a two-tower project with 1,178 residential units at 1825 Biscayne Boulevard in Edgewater. The towers reach about 465 feet across 45 stories, with an estimated construction cost of $321 million and space for office, retail, and a banquet hall.

    What it may mean for the marketMoves a large two-tower residential project toward construction in Edgewater, adding more than a thousand units plus office and retail space along the Biscayne Boulevard corridor. The project is about 4 miles south of Miami Shores Estates, elsewhere in Miami-Dade County.

    Source: Florida YIMBY
  3. July 2026
    Development

    OKO Lilli condo tower nabs Miami review board approval in Edgewater

    The Miami Urban Development Review Board recommended approval for OKO Group's OKO Lilli, a 53-story tower with 117 units at 717 Northeast 27th Street in Edgewater. Plans include a 350-foot public baywalk, an eight-story garage with 244 spaces, and Aman-curated amenities.

    What it may mean for the marketAdds a high-rise condo tower and a public baywalk to the Edgewater bayfront, expanding the local housing supply and waterfront access along Biscayne Bay. The project is about 4 miles southwest of Miami Shores Estates, elsewhere in Miami-Dade County.

    Source: The Real Deal
  4. July 2026
    Development

    Foundation pour completed for Twenty Sixth and 2nd Wynwood Residences

    Developers PMG and LNDMRK Development completed foundation work and began vertical construction on Twenty Sixth and 2nd, an 8-story building with 233 residences at 2600 NW 2nd Avenue in Wynwood. The project includes about 26,000 square feet of ground-floor retail and over 32,000 square feet of amenities, with completion expected in the second quarter of 2028.

    What it may mean for the marketAdvances a new mid-rise rental building with ground-floor retail in the Wynwood district, adding housing units and street-level commercial space as vertical construction begins. The project is about 4 miles southwest of Miami Shores Estates, elsewhere in Miami-Dade County.

    Source: Florida YIMBY
  5. June 2026
    Development

    Dezer Development proposes three-building, 600-unit project in North Miami

    Dezer Development proposed a three-building project with 600 residential units on 4.4 acres at 1890 NE 146th Street in North Miami, ahead of a June 2 Planning Commission presentation. The plan includes a 14-story tower with 317 units, an 8-story building with 269 units, and 14 townhomes, with 944 parking spaces and about 4,500 square feet of retail.

    What it may mean for the marketIntroduces a multi-building residential complex with a mix of tower, mid-rise, and townhome housing to North Miami, adding hundreds of units and ground-floor retail on a multi-parcel site. The project is about 4 miles north of Miami Shores Estates, elsewhere in Miami-Dade County.

    Source: Florida YIMBY
  6. May 2026
    Development

    Miami Beach board approves Terra's 106-unit luxury condo tower at 1250 West Avenue

    Miami Beach's Design Review Board granted unanimous approval for a 330-foot condo tower with 106 units at 1250 West Avenue, developed by Terra Group with RG Development Group and GV Development. The building would replace a 15-story, 238-unit condo constructed in 1964 and include two penthouses with rooftop pools and ground-floor commercial space.

    What it may mean for the marketAdds a new luxury condo tower to the West Avenue corridor, replacing an aging mid-century building with a taller structure and ground-floor retail space, reshaping the bayfront skyline and local housing stock. The project is about 5 miles south of Miami Shores Estates, elsewhere in Miami-Dade County.

    Source: The Real Deal

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

Frequently Asked Questions

What is the median home price in MIAMI SHORES ESTATES?
The median sale price in MIAMI SHORES ESTATES was $1.06M over the 12 months ending July 20, 2026 (6 closed sales, miami).
How long do homes in MIAMI SHORES ESTATES take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 94 days on market (6 sales, miami).
Do cash buyers compete in MIAMI SHORES ESTATES?
Cash buyers took 17% of MIAMI SHORES ESTATES sales in the 12 months ending July 2026 (1 of 6 closings, miami).
Who is the best real estate agent for MIAMI SHORES ESTATES?
The best agent for MIAMI SHORES ESTATES is one who actively works Miami Shores 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 MIAMI SHORES ESTATES.
How do I find a top Miami Shores real estate agent who knows MIAMI SHORES ESTATES?
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 MIAMI SHORES ESTATES and the wider Miami Shores area.
Can Momentum Realty connect me with an agent for MIAMI SHORES ESTATES?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your MIAMI SHORES ESTATES purchase or sale - no call center and no pressure.
Buyers with a budget near the $1,055,000 median who are prepared for a 90-day-plus search-to-close timeline.Excellent fit
Move-up buyers seeking more square footage per dollar than tighter, faster-moving markets in the county.Excellent fit
Sellers who can price patiently to comparable per-square-foot data and hold through a longer marketing period.Excellent fit
Buyers needing to close in a matter of weeks rather than months.Probably not
Sellers expecting a bidding-war outcome typical of a high market heat score.Probably not
Anyone relying on a shared amenity package, since none is currently identified in MLS listings.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 2013 (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 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.

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Thinking of selling in MIAMI SHORES ESTATES? 6 recorded closings; median 94 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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