MILLENNIUM TOWER RESIDENC in Miami

MILLENNIUM TOWER RESIDENC
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33131
Median sale $3.20M
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Built fromLive miami data8 years of closingsUpdated twice daily
Live · MILLENNIUM TOWER RESIDENC Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$3.20M
Median sold · 12 mo
$1332/sf
Sold $/sqft · 12 mo
peak $1332 in 2026
86.6%
Sale vs ask
Tempo
118days
Median DOM · closed
76 days at the 2022 low
5
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
100%
Cash buyers · MILLENNIUM TOWER RESIDENC
5 of 5 sales, 12 mo ending July 2026
Track record · 8 years of records
2,139sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Pricing at Millennium Tower Residence is being set by a small, thin trade — the current snapshot reflects just five closings, so the $3.2M median should be read as a directional marker, not a tight band. At a median of roughly $1,332 per square foot, this is a per-unit market where finish level, floor, and view carry more weight than square footage alone.

A median days-on-market of 118 tells you these units do not move fast. That is normal for a low-volume, high-price building — sellers who price to the recent comparables and are patient tend to do better than those who chase a number. Buyers get real negotiating room if they are willing to wait out the process.

The 60-Second Overview

MILLENNIUM TOWER RESIDENC market snapshot (as of July 20, 2026): the median sale price is about $3.20M ($1332 per sq ft over the trailing 12 months of closed sales), and a median 118 days on market for closed sales.

This is a high-price-point tower where deal flow is limited enough that each closing meaningfully moves the median — read the numbers as a snapshot of a thin market, not a stable trend line.

Best for

  • Buyers with a defined budget near the $3.2M range who have already identified this specific building as a target
  • Buyers comfortable underwriting a unit on its own merits rather than relying on a deep set of recent comparables
  • Buyers with flexible timing who can wait through a longer marketing period to negotiate on price

Probably not for

  • Buyers who need a fast close and cannot accommodate an extended days-on-market pattern
  • Buyers expecting a wide selection of comparable recent sales to benchmark against
  • Buyers relying on specific building amenities that have not been confirmed in current listing data

Windows contain 1 to 15 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
$2M$3M20182020202220242026
Every sale since 2018 · price vs size
$0$5M$10M2k4k6k8k
47 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$750$1K$1K20182020202220242026
Up from $730 in 2018 to a $1332 peak in 2026; $1332 now.
Median days on market · closed sales
10020030020182020202220242026
76 days at the 2022 low; 118 now.
Sale price vs original ask · median
85%90%95%20182020202220242026
86.6% now.
Homes sold per 12-mo window
05101520182020202220242026
1 to 15 a year; 5 in the current window.

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

5% of homes for sale in ZIP 33131 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).

MILLENNIUM TOWER RESIDENC Market Scorecard

Balanced

MILLENNIUM TOWER RESIDENC is currently a balanced market., and homes go under contract in about 202 days.

$3,200,000
Median sold
$2173
List $/sqft
202
Days on mkt
6/1/0
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 MILLENNIUM TOWER RESIDENC

Live MLS inventory for MILLENNIUM TOWER RESIDENC. 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 MILLENNIUM TOWER RESIDENC 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 MILLENNIUM TOWER RESIDENC 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 MILLENNIUM TOWER RESIDENC.

Best Buy
Buyers targeting a specific high-price-point unit in a low-volume building and willing to move on their own timeline.
Biggest Risk
With only five closings behind the current figures, pricing signals here are thin and can shift quickly with the next sale.
Sweet Spot
Sellers with a well-maintained, well-priced unit who are prepared for a longer marketing period rather than a fast turn.
Avoid If
Avoid if you need certainty on price-per-square-foot comparables or a fast closing timeline.

A market defined by low volume

With only five recent closings feeding this data, Millennium Tower Residence is not a market where you can point to a tight, reliable price band. The $3.2M median and $1,332 per square foot figure are useful anchors, but individual unit condition, layout, and view exposure will swing actual contract prices meaningfully in either direction.

The 118-day median time on market is the more telling number here. It signals a building where listings sit, get priced and repriced, and eventually trade to a buyer willing to do the diligence. No community amenities were identified from current MLS listings — buyers should verify building-specific offerings directly rather than assume based on the price point.

The location and the amenities are priced into every listing in MILLENNIUM TOWER RESIDENC. 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 market this thin, comparable-sales work has to be done carefully — five closings do not give you much room for error when setting a list price or structuring an offer. We pull the actual unit-level detail behind the median, not just the headline number, so you are negotiating from real data rather than a citywide average.

MILLENNIUM TOWER RESIDENC in 15 seconds.

Best forBuyers targeting a specific high-price-point unit in a low-volume building and willing to move on their own timeline.
Biggest advantageA 118-day median gives buyers real room to negotiate rather than compete on multiple offers.
Biggest riskWith only five closings behind the current figures, pricing signals here are thin and can shift quickly with the next sale.
Sweet spotSellers with a well-maintained, well-priced unit who are prepared for a longer marketing period rather than a fast turn.
Avoid ifAvoid if you need certainty on price-per-square-foot comparables or a fast closing timeline.

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 MILLENNIUM TOWER RESIDENC sales matched to your home.

What is your MILLENNIUM TOWER RESIDENC home worth?

Get a no-obligation home value based on real comparable sales in MILLENNIUM TOWER RESIDENC, 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 MILLENNIUM TOWER RESIDENC on the map →

Real comps, not an automated estimate.

Recent Developments in Millennium Tower Residenc

Development, infrastructure, retail, and school activity affecting Millennium Tower Residenc, 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

    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 site is less than a mile northwest of Millennium Tower Residenc.

    Source: Florida YIMBY
  2. 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 site is less than a mile north of Millennium Tower Residenc.

    Source: The Real Deal
  3. July 2026
    Development

    619 Brickell by Nobu condo tower wins review board approval

    The Miami Urban Development Review Board recommended approval for 619 Brickell by Nobu, a 75-story tower with 321 units from 13th Floor Investments and Key International at 619 Brickell Avenue. The design by Foster and Partners and Sieger Suarez preserves First Miami Presbyterian Church and adds ground-floor commercial space and a public baywalk.

    What it may mean for the marketAdds a branded ultra-tall condo tower to the Brickell waterfront while preserving an existing church, expanding luxury housing and adding public baywalk and commercial space. The site is about 2 miles south of Millennium Tower Residenc.

    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 site is about 1 mile northwest of Millennium Tower Residenc.

    Source: Florida YIMBY
  5. June 2026
    Development

    Grupo T&C plans 62-story 13th Edge tower near Brickell

    Grupo T&C filed a pre-application with Miami-Dade County for 13th Edge, a 62-story, 648,700-square-foot tower at 237 Southwest 13th Street with 400 apartments and 400 hotel rooms. The project, designed by Kobi Karp Architecture, would replace the 36-unit El Vedado condominium built in 1972.

    What it may mean for the marketIntroduces a large mixed-use residential and hotel tower to the area west of Brickell, adding hundreds of apartments and hotel rooms and replacing a small older condominium. The project is about 2 miles south of Millennium Tower Residenc, elsewhere in Miami-Dade County.

    Source: The Real Deal
  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 3 miles east of Millennium Tower Residenc, 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 MILLENNIUM TOWER RESIDENC?
The median sale price in MILLENNIUM TOWER RESIDENC was $3.20M over the 12 months ending July 20, 2026 (5 closed sales, miami).
How long do homes in MILLENNIUM TOWER RESIDENC take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 118 days on market (5 sales, miami).
Do cash buyers compete in MILLENNIUM TOWER RESIDENC?
Cash buyers took 100% of MILLENNIUM TOWER RESIDENC sales in the 12 months ending July 2026 (5 of 5 closings, miami).
Who is the best real estate agent for MILLENNIUM TOWER RESIDENC?
The best agent for MILLENNIUM TOWER RESIDENC 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 MILLENNIUM TOWER RESIDENC.
How do I find a top Miami real estate agent who knows MILLENNIUM TOWER RESIDENC?
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 MILLENNIUM TOWER RESIDENC and the wider Miami area.
Can Momentum Realty connect me with an agent for MILLENNIUM TOWER RESIDENC?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your MILLENNIUM TOWER RESIDENC purchase or sale - no call center and no pressure.
Buyers with a defined budget near the $3.2M range who have already identified this specific building as a targetExcellent fit
Buyers comfortable underwriting a unit on its own merits rather than relying on a deep set of recent comparablesExcellent fit
Buyers with flexible timing who can wait through a longer marketing period to negotiate on priceExcellent fit
Buyers who need a fast close and cannot accommodate an extended days-on-market patternProbably not
Buyers expecting a wide selection of comparable recent sales to benchmark againstProbably not
Buyers relying on specific building amenities that have not been confirmed in current listing dataProbably 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 (47 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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CallFree valuation →
Thinking of selling in MILLENNIUM TOWER RESIDENC? 5 recorded closings; median 118 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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