New Wave Condo in Miami

New Wave
Condos for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33137
Median sale $550K
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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS data11 years of closingsUpdated twice daily

As of September 2026, New Wave Condo in Miami, FL has 7 homes for sale and 1 pending, asking from $538,000 to $1,150,000 (median $649,000). Over the 12 months ending 2026-09-12, 6 recorded sales closed at a median of $550,000, $647 per square foot, a median 56 days on market, sellers accepting 95% of original asking. Homes listed or recently sold were built 2006–2006; 7 of 8 report an HOA (median $1,203/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $9,680 ($8,960 with the full homestead exemption).

Live · New Wave Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$550K
Median sold · 12 mo
$647/sf
Sold $/sqft · 12 mo
peak $659 in 2024
94.8%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
56days
Median DOM · closed
38 days at the 2022 low
13%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
7 · 1
For sale · pending
live counts, refreshed twice daily
6
Sold · last 12 mo
10-yr average: about 3 a year
Track record · 11 years of records
850sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in New Wave Condo

Live MLS inventory for New Wave Condo. 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 New Wave Condo listings as of 2026-09-12, 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 2015 through 2026. Tap any home to ask about it.

Jon Brooks, founder of Momentum Realty
Jon's Current Read

The number that anchors this read is price per square foot: at $641.18, New Wave Condo is pricing on a per-foot basis that reflects a Miami-Dade condo market, not a broad discount corner of it. With a median price of $685,000 built on just six closings, this is a thin-data snapshot rather than a deep trend line, and any single unusual sale can move the median meaningfully.

Median days on market of 43 suggests these units are not moving instantly, but they are not sitting stale either — more consistent with a market where buyers are taking time to evaluate condition, fees, and building specifics before committing. With no community amenities identified from current MLS listings, sellers should not assume amenity-driven premiums are doing any work here; the price is being carried by the unit and the location, and buyers should verify what, if anything, the building actually offers rather than assume a standard condo amenity package.

The 60-Second Overview

New Wave Condo market snapshot (as of September 12, 2026): the median sale price is about $550K ($647 per sq ft over the trailing 12 months of closed sales), and a median 56 days on market for closed sales.

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.

Best for

  • A buyer comfortable evaluating a condo on unit and location value rather than a listed amenity package.
  • A buyer working with a budget in the mid-$600s to $700s range who wants to verify building fundamentals directly.
  • A seller with a well-priced, well-maintained unit who is prepared to price it against price-per-square-foot data rather than assumptions.

Probably not for

  • A buyer who wants confirmed pool, fitness, or common-area amenities as a baseline requirement.
  • A buyer expecting a large, deep comparable set to lean on before making an offer.
  • A seller expecting a fast, high-volume market based on days-on-market alone.

Windows contain 0 to 6 sales each (6 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 2015 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$600K$800K201620182020202220242026
Every sale since 2015 · price vs size
$0$500K$1M1k2k2k
35 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$400$500$600201620182020202220242026
Up from $375 in 2015 to a $659 peak in 2024; $647 now.
Median days on market · closed sales
100200300201620182020202220242026
38 days at the 2022 low; 56 now.
Sale price vs original ask · median
85%90%95%100%201620182020202220242026
94.8% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
0246201620182020202220242026
0 to 6 a year; 6 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.

$3,172/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

7% of homes for sale in ZIP 33137 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 (2026-09-12).

New Wave Condo Market Scorecard

Thin data

New Wave Condo is currently a thin data market. Limited supply, a median asking price of $659,500, and homes go under contract in about 36 days.

n/a
Months supply
$659,500
Median list
n/a
Median sold
$732
Per sqft
36
Days on mkt
6/1/0
Active/Pend/Sold

Typical home value in the 33137 ZIP is $682,164, about 65.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in New Wave Condo 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 New Wave Condo.

Best Buy
Buyers targeting a Miami-Dade condo purchase where the value case rests on the unit and location rather than a listed amenity package.
Biggest Risk
The six-closing sample means current pricing can shift quickly as new sales report.
Sweet Spot
Buyers and sellers comfortable underwriting building fundamentals directly rather than relying on marketed amenities.
Avoid If
You need confirmed on-site amenities as part of the purchase decision, since none are currently identified in MLS data.

What the numbers are actually saying

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.

The location and the amenities are priced into every listing in New Wave Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

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.

New Wave Condo in 15 seconds.

Best forBuyers targeting a Miami-Dade condo purchase where the value case rests on the unit and location rather than a listed amenity package.
Biggest advantageA per-square-foot figure ($641.18) that gives a clearer read on value than the median price alone.
Biggest riskThe six-closing sample means current pricing can shift quickly as new sales report.
Sweet spotBuyers and sellers comfortable underwriting building fundamentals directly rather than relying on marketed amenities.
Avoid ifYou need confirmed on-site amenities as part of the purchase decision, since none are currently identified in MLS data.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 New Wave Condo sales matched to your home.

What is your New Wave Condo home worth?

Get a no-obligation home value based on real comparable sales in New Wave Condo, 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 New Wave Condo on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in New Wave Condo?
The median sale price in New Wave Condo was $550K over the 12 months ending September 12, 2026 (6 closed sales, MIAMI MLS).
How long do homes in New Wave Condo take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 56 days on market (6 sales, MIAMI MLS).
Who is the best real estate agent for New Wave Condo?
The best agent for New Wave Condo 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 New Wave Condo.
How do I find a top Miami real estate agent who knows New Wave Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows New Wave Condo and the wider Miami area.
Can Momentum Realty connect me with an agent for New Wave Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your New Wave Condo purchase or sale - no call center and no pressure.
A buyer comfortable evaluating a condo on unit and location value rather than a listed amenity package.Excellent fit
A buyer working with a budget in the mid-$600s to $700s range who wants to verify building fundamentals directly.Excellent fit
A seller with a well-priced, well-maintained unit who is prepared to price it against price-per-square-foot data rather than assumptions.Excellent fit
A buyer who wants confirmed pool, fitness, or common-area amenities as a baseline requirement.Probably not
A buyer expecting a large, deep comparable set to lean on before making an offer.Probably not
A seller expecting a fast, high-volume market based on days-on-market alone.Probably not

Nearby Communities

Explore more neighborhoods near New Wave Condo with Momentum Realty’s local guides.

EElysee0.1 mi awayNTNancy Terrace0.1 mi awayTEThe Elysee Condo0.1 mi awayELEdgewater Lofts Condo0.1 mi awayARAria Reserve0.1 mi awayARAria Reserve Miami0.1 mi awayARAria Reserve South0.1 mi awayBBBay Breeze (Miami Dade)0.1 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2015 (35 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 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.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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CallFree valuation →
Thinking of selling in New Wave Condo? 6 recorded closings; median 56 days on market (window ending 2026-09-12). 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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