MONTEREY CONDO FOUR
Homes for Sale in Miami-Dade County, FL
True comps, carrying-cost math, and listings before the portals.
Three closings is the entire window we have to work with here, so treat every figure as directional rather than definitive. The median price of $230,000 and price per square foot of $207.11 tell you this is a value-oriented corner of the condo market, but with a sample this small, one unusual sale can move the number meaningfully.
A median of 52 days on market suggests these units are not moving in a rush, and year-over-year pricing is essentially flat at 1.1%. That combination points to a steady, unhurried market rather than one where buyers need to compete or sellers can push price aggressively.
MONTEREY CONDO FOUR right now
🟡 Still climbing. The trailing-12-month median ($230K) is up 1.1% from the prior 12 months ($228K). With about 3 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 (3 and 4 sales in the two windows).
What's unique here: the median sale price is about 55% below the typical Miami-Dade County sale ($230K vs $507K, trailing 12 months, miami records).
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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
MONTEREY CONDO FOUR market snapshot (as of July 20, 2026): the median sale price is about $230K ($207 per sq ft over the trailing 12 months of closed sales), and a median 52 days on market for closed sales. The trailing-12-month median is up 1% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).
Monterey Condo Four is a lower-priced entry point into Miami-Dade condo ownership, with pricing and pace that reflect a quiet, low-turnover building rather than an actively competitive one.
Who MONTEREY CONDO FOUR is best for.
Best for
- A buyer prioritizing a lower purchase price over amenities or building extras
- Someone comfortable with a slower resale timeline near the 52-day median
- A buyer willing to verify building details directly rather than rely on listed amenities
Probably not for
- A buyer who wants a robust, MLS-documented amenity package
- Someone who needs deep historical pricing data before committing
- A buyer expecting a fast-turnover, high-competition resale market
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($230K) IS the median in the snapshot above, and the move from 2025 ($228K) IS the +1.1% one-year change.
Windows contain 0 to 6 sales each (3 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.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
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.
0% of homes for sale in ZIP 33179 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 (2026-07-18).
The MONTEREY CONDO FOUR buying strategy.
If we were buying in MONTEREY CONDO FOUR today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 MONTEREY CONDO FOUR.
A Thin Data Market
With only three closings feeding the current snapshot, this is not a community where you can lean hard on trend lines. The median price of $230,000 and per-square-foot figure of $207.11 give a reasonable read on where a typical unit lands today, but buyers and sellers should expect individual listings to vary from that baseline based on condition, floor, and view.
The 52-day median days-on-market and a nearly flat 1.1% year-over-year change both point toward a market that is neither accelerating nor cooling in any pronounced way. No community amenities were identified from current MLS listings, so any building features, association details, or shared facilities should be confirmed directly rather than assumed from the listing data.
The location and the amenities are priced into every listing in MONTEREY CONDO FOUR. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building with this few recent closings, pricing a unit correctly or evaluating an offer takes more than pulling a comp sheet — it takes knowing which of the three data points actually reflects current conditions and which is an outlier. We walk buyers and sellers through that distinction directly instead of letting a thin sample speak for itself.
MONTEREY CONDO FOUR in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a MONTEREY CONDO FOUR buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed MONTEREY CONDO FOUR sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in MONTEREY CONDO FOUR, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your MONTEREY CONDO FOUR home worth?
Get a no-obligation home value based on real comparable sales in MONTEREY CONDO FOUR, 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 MONTEREY CONDO FOUR on the map →
Recent Developments in Monterey Condo Four
Development, infrastructure, retail, and school activity affecting Monterey Condo Four, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
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 1 mile north of Monterey Condo Four.
Source: Florida YIMBY - July 2026Development
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 2 miles south of Monterey Condo Four, elsewhere in Miami-Dade County.
Source: Florida YIMBY - July 2026Development
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 about 1 mile south of Monterey Condo Four.
Source: The Real Deal - July 2026Development
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 project is about 4 miles south of Monterey Condo Four, elsewhere in Miami-Dade County.
Source: The Real Deal - July 2026Development
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 2 miles southwest of Monterey Condo Four.
Source: Florida YIMBY - May 2026Development
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 4 miles southeast of Monterey Condo Four, elsewhere in Miami-Dade County.
Source: The Real Deal
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
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Should you buy in MONTEREY CONDO FOUR?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2018 (26 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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