New Wave
Condos for Sale in Miami, FL

New Wave Condo sits in Miami-Dade County, pricing at a median of $685,000 on a small recent closings sample, with a per-square-foot figure that places it firmly in condo-market territory rather than entry-level stock.

MIAMI REALTORS sales records identify 10 homes in New Wave Condo that have changed hands since 2021, built between 2006 and 2006 (median 2006), with a median living area of about 950 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

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.

New Wave Condo is too small for its own price trend, so here is the market around it.

In ZIP 33137, 545 homes are on the market and 10% are under contract — a slower corner of Miami.

Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).

In ZIP 33137 (Miami), 97 homes closed in the last 12 months at a median of $722K ($646/sq ft), with a median 107 days on market. Right now 243 active and 31 pending listings. See the live ZIP 33137 housing market and the Miami-Dade County market.

ZIP and county figures describe the wider market, not New Wave Condo specifically. Momentum Research analysis of MLS records.

Six closings is not enough to draw a firm trend line, but it is enough to establish a price level: $685,000 median, $641.18 per square foot. That per-foot number is the more durable data point of the two — it is less distorted by any one outlier unit size than the median price is by itself. Anyone pricing a listing here or evaluating an offer should lean on price-per-square-foot as the sanity check rather than the median alone.

A median of 43 days on market points to a deliberate buyer pool rather than a rushed one. That is consistent with condo purchases generally, where buyers are also underwriting association fees, reserve health, and building rules alongside the unit itself. Because no community amenities are identified in the current MLS data, buyers should treat that as a prompt to ask directly rather than assume — some buildings simply are not marketed on amenities, and that has no bearing on unit quality or location value.

With only six closings feeding the current numbers, pricing a unit here correctly takes judgment, not just a formula — we look past the headline median to price-per-square-foot and condition to position a listing or an offer accurately. We also push past what MLS data does show, or in this case does not show, to get clear answers on building specifics before you are under contract.