New Wave Condo in Miami

New Wave Condo
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33137
Median sale $685K
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True comps, carrying-cost math, and listings before the portals.

Photo via miami

Built fromLive miami data11 years of closingsUpdated twice daily
Live · New Wave Condo Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$685K
Median sold · 12 mo
$641/sf
Sold $/sqft · 12 mo
peak $659 in 2024
95.0%
Sale vs ask
Miami-Dade median: 97.8%
Tempo
43days
Median DOM · closed
38 days at the 2022 low
6
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
20%
Cash buyers · New Wave Condo
1 of 5 sales, 12 mo ending July 2026
Track record · 11 years of records
1,125sqft
Median sold home size
12-mo windows, closed sales
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 July 20, 2026): the median sale price is about $685K ($641 per sq ft over the trailing 12 months of closed sales), and a median 43 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 7 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.

Every sale since 2015 · price vs size
$0$500K$1M1k2k2k
34 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
0246201620182020202220242026
0 to 7 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.

$3,099/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

8% 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 (2026-08-18).

New Wave Condo Market Scorecard

Balanced

New Wave Condo is currently a balanced market., and homes go under contract in about 13 days.

$685,000
Median sold
$759
List $/sqft
13
Days on mkt
5/1/0
Active/Pend/Sold

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

Live data: miami, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

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 2026-08-05, 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.

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
  • 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.

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.

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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 $685K over the 12 months ending July 20, 2026 (6 closed sales, miami).
How long do homes in New Wave Condo take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 43 days on market (6 sales, miami).
Do cash buyers compete in New Wave Condo?
Cash buyers took 20% of New Wave Condo sales in the 12 months ending July 2026 (1 of 5 closings, miami).
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 280+ 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

Data sources & freshness

Community market statsmiami closed sales, 12-month windows ending July 20, 2026
Under-contract sharesmiami records, as of 2026-07-18
Historical depthClosed-sale records back to 2015 (34 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.

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 member average and 8 days faster, and we’ll price yours against live your area comps.

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More Miami & Miami & Miami-Dade County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Miami & Miami-Dade County or the full Neighborhood Finder.

Thinking of selling in New Wave Condo? 6 recorded closings; median 43 days on market (window ending 2026-07-20). 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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