Monterrey
Homes for Sale in Miami-Dade County, FL
True comps, carrying-cost math, and listings before the portals.
Monterrey 1st Addn is not a community where the MLS is doing the talking right now. There is no median price to point to and no amenity package showing up in current listings, which means anyone pricing a home here is working off the property itself, not a tidy comp set. That is a real constraint for both sides of a deal.
For a seller, it puts more weight on condition, lot specifics, and recent permitted work than on 'what the neighborhood is doing.' For a buyer, it means the usual shortcuts, quick median-price comparisons, trend lines, expected days on market, don not apply cleanly. Expect to build the case for value one property at a time.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside MONTERREY 1ST ADDN right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Monterrey 1st Addn sits in Miami-Dade County with limited current MLS activity, which keeps the standard market snapshot thin, no established median price and no amenities surfacing in active listings as of this snapshot.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Monterrey is best for.
Best for
- A buyer willing to have condition and lot specifics independently verified rather than relying on a neighborhood median.
- A seller comfortable pricing based on direct comp research rather than a published market trend.
- An investor or long-term holder who values a quieter, lower-visibility corner of Miami-Dade over high MLS turnover.
Probably not for
- A buyer who wants a clear median price and amenity list before making a decision.
- Anyone relying on recent local sales data to negotiate, since there is not enough here to establish a pattern.
- A seller expecting a fast, comp-driven listing strategy without additional groundwork.
The market around Monterrey
Monterrey is too small for its own price trend, so here is the market around it.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
ZIP and county figures describe the wider market, not Monterrey specifically. Momentum Research analysis of MLS records.
The Monterrey buying strategy.
If we were buying in Monterrey 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 Monterrey.
Reading a Thin Market
A small closings window with little to show is not the same as no market, it usually means transactions here are infrequent enough that a single snapshot will not reveal a pattern. That changes how you should approach a purchase or a listing decision.
Without a reliable median or a documented amenity set, the honest move is to treat this as a property-by-property market. Pull individual comps directly, verify condition and lot details in person, and do not assume a broader Miami-Dade trend is automatically transferable to this specific address.
The location and the amenities are priced into every listing in Monterrey. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with this little standing MLS data, the work shifts to direct diligence, pulling county records, checking recent nearby sales outside the immediate subdivision, and pricing the specific home rather than the area. That is the kind of hands-on legwork we do before we ever put a number in front of a client, buyer or seller.
Monterrey in 15 seconds.
Tools for a Monterrey 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 Monterrey sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Monterrey, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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Data sources & freshness
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
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 MLS 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.
Recent Developments in Monterrey 1st Addn
Development, infrastructure, retail, and school activity affecting Monterrey 1st Addn, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Retail & Dining
Shops at Sunset Place nears demolition for mixed-use redevelopment
The plan calls for 1,513 residences in seven towers of 12 to 33 stories, a 287-room hotel, a 1,300-seat theater, 202,462 square feet of retail and 65,892 square feet of office. Demolition is now targeted for early 2027 and a first phase around 2029. Plans estimate about $149 million in infrastructure improvements.
What it may mean for the marketReplaces a largely vacant mall with housing, hotel and street-level retail near Dadeland and the South Dade Metrorail line. The site is about 3 miles south of Monterrey 1st Addn.
Source: Miami Today - October 2026Development
Casa Bella Residences opens at 1400 Biscayne Boulevard in Downtown Miami
Related Group and Alta Developers completed the 56-story, 650-foot tower with 319 residences, including 10 penthouses. Closings are underway and first residents have moved in, with more than 90 percent of homes reported under contract. Construction began in November 2023.
What it may mean for the marketAdds 319 completed homes to the downtown Biscayne corridor, close to existing transit, offices and dining. The site is about 5 miles northeast of Monterrey 1st Addn.
Source: Florida YIMBY - October 2026Builder Activity
Swire Properties breaks ground on Residences at Mandarin Oriental, Miami on Brickell Key
Swire Properties started construction at 500 Brickell Key Drive and 750 Claughton Island Drive on two towers, 66 stories (850 feet) and 33 stories (426 feet). The project includes 326 residences and a 121-room hotel, with Moss as general contractor and completion scheduled for 2030.
What it may mean for the marketAdds multi-year construction activity and future hotel and residential supply on Brickell Key, near the Brickell employment core. The site is about 5 miles east of Monterrey 1st Addn.
Source: Florida YIMBY - September 2026Development
University of Miami agreement with Coral Gables would add a hospital of up to 100 beds
A development agreement would allow construction of a hospital with up to 100 beds on the university's Coral Gables campus, offering inpatient, outpatient and emergency care. The agreement would also reshape the campus, which includes the Gables Village residential complex of 1,458 beds slated for mid-2029. Cost, size and timeline for the hospital were not stated.
What it may mean for the marketA campus hospital would add inpatient and emergency care capacity and healthcare employment in the Coral Gables area. The site is about 2 miles south of Monterrey 1st Addn.
Source: Miami Today - September 2026Civic
Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate
County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.
What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 5 miles east of Monterrey 1st Addn.
Source: Local 10 News - September 2026Infrastructure
County committee reviews $101 million contract for MIA North Terminal baggage screening machines
A county committee is reviewing a $101 million contract to replace 25 explosives detection machines in the North Terminal's baggage-handling system at Miami International Airport. The work would take about four and two-thirds years and be phased to limit disruption.
What it may mean for the marketBaggage system upgrades at the airport support passenger throughput and airport-related operations over several years. The site is about 3 miles north of Monterrey 1st Addn.
Source: Miami Today
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.
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