Monterey Two
Condos for Sale in Miami, FL

Monterey Two Condo market snapshot (as of July 20, 2026): the median sale price is about $205K ($214 per sq ft over the trailing 12 months of closed sales), and a median 135 days on market for closed sales. The trailing-12-month median is down 11% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).

Monterey Two Condo is trading in a thin, slower window where price and time-to-contract are both working in the buyer's favor, and where the small number of recent closings makes each sale worth examining on its own rather than as part of a clean trend line.

Three closings in the current window is not enough to establish a firm trend, but it is enough to say the building is not seeing fast turnover right now. A median of 135 days on market reinforces that: homes here are sitting through more of the sales cycle than a brisk-moving condo market would show, giving buyers time to inspect, compare, and negotiate.

The year-over-year decline of 10.9% should be read alongside that same low transaction count. A drop of this size in a small sample can reflect the mix of units that happened to sell rather than a uniform repricing of every unit in the building. Anyone pricing a listing or evaluating an offer here should look at the condition and specifics of comparable closed units rather than leaning on the median alone.

In a building with this few recent closings, pulling the right comparables and reading each one correctly is the difference between an offer that lands and one that stalls at 135 days. We track the individual sales here, not just the headline median, so pricing and negotiation strategy reflect what is actually closing, not a thin average.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.