PINEWOOD ESTS 3RD ADDN
Homes for Sale in Palmetto Bay, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
Pinewood Ests 3rd Addn is pricing at a median of $875,000, with a median price per square foot of $499.09. That per-foot figure is the real story here — it tells you this is a market where the finish and condition of the specific house does most of the work in setting value, more than the address alone.
A median of 44 days on market, against a thin window of just 3 closings, means there is not a deep enough sample to call this a fast or slow market with confidence. Treat any pricing decision here as house-specific: lean on comparable condition and finish level rather than a broad neighborhood trend line.
The 60-Second Overview
PINEWOOD ESTS 3RD ADDN market snapshot (as of July 20, 2026): the median sale price is about $875K ($499 per sq ft over the trailing 12 months of closed sales), and a median 44 days on market for closed sales.
A low-volume Miami-Dade micro-market where the median price per square foot of $499.09 signals that individual home condition and finish level are driving value more than any single amenity package.
The setting & the homes.
Aerial and on-site photos of PINEWOOD ESTS 3RD ADDN. Swipe to explore the community.
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PINEWOOD ESTS 3RD ADDN
PINEWOOD ESTS 3RD ADDN
PINEWOOD ESTS 3RD ADDNPhotos from miami listings in PINEWOOD ESTS 3RD ADDN; content deemed reliable but not guaranteed.
Who PINEWOOD ESTS 3RD ADDN is best for.
Best for
- Buyers comfortable pricing a home on its individual condition and finish rather than neighborhood-wide trend data.
- Sellers with a well-updated property who want a per-square-foot benchmark to support their asking price.
- Buyers working with a budget around the $875,000 median who are focused on the house itself, not shared amenities.
Probably not for
- Buyers who want a track record of fast, predictable turnover before committing.
- Anyone prioritizing built-in community amenities as part of the purchase decision.
- Sellers hoping broad market momentum, rather than their home's own condition, will carry the sale.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($875K) IS the median in the snapshot above.
Windows contain 0 to 5 sales each (3 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 2012 through 2026. Deemed reliable but not guaranteed.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
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.
31% of homes for sale in ZIP 33157 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).
PINEWOOD ESTS 3RD ADDN Market Scorecard
PINEWOOD ESTS 3RD ADDN is currently a balanced market., and homes go under contract in about 40 days.
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 PINEWOOD ESTS 3RD ADDN
Live MLS inventory for PINEWOOD ESTS 3RD ADDN. 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 PINEWOOD ESTS 3RD ADDN listings as of 2026-08-17, 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 2012 through 2026. Tap any home to ask about it.
The PINEWOOD ESTS 3RD ADDN buying strategy.
If we were buying in PINEWOOD ESTS 3RD ADDN 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 PINEWOOD ESTS 3RD ADDN.
What the numbers actually tell you
With only 3 closings in the current window, Pinewood Ests 3rd Addn does not generate enough transaction volume to support firm conclusions about pace or negotiating leverage. The median of 44 days on market is a useful data point, not a guarantee of how any single listing will move.
No community amenities are identified from current MLS listings, so buyers and sellers should not factor in shared recreational or lifestyle infrastructure as part of the value proposition here. Value is being set at the house level — condition, layout, and finish — which is consistent with a $499.09 median price per square foot in a market this thin.
The location and the amenities are priced into every listing in PINEWOOD ESTS 3RD ADDN. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market with only 3 recent closings, generic neighborhood averages are close to meaningless. We build the case for or against a specific house using its own condition and finish level against the closest true comparables, rather than leaning on a thin data set to make promises it cannot back up.
PINEWOOD ESTS 3RD ADDN in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a PINEWOOD ESTS 3RD ADDN 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 PINEWOOD ESTS 3RD ADDN sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in PINEWOOD ESTS 3RD ADDN, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your PINEWOOD ESTS 3RD ADDN home worth?
Get a no-obligation home value based on real comparable sales in PINEWOOD ESTS 3RD ADDN, 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 PINEWOOD ESTS 3RD ADDN on the map →
Recent Developments in Pinewood Ests 3rd Addn
Development, infrastructure, retail, and school activity affecting Pinewood Ests 3rd Addn, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
Two-tower Gwen Cherry Residences slated for 170 NE 67th Street
Redwood Development Co. and Magasi, in partnership with Miami-Dade County, planned Gwen Cherry Residences, a 154-unit development across two towers of 11 and 10 stories at 170 NE 67th Street on a 1.6-acre site. The project includes 233 parking spaces and 7,700 square feet of ground-floor retail, replacing aging public housing from the 1970s that holds 24 units.
What it may mean for the marketReplaces older low-density public housing with two mid-rise towers, expanding the unit count on the site and adding ground-floor retail and structured parking. The project is about 3 miles north of Pinewood Ests 3rd Addn, elsewhere in Miami-Dade County.
Source: Florida YIMBY - July 2026Development
Construction permits filed for two-tower Biscayne 18 in Edgewater
Melo Group filed construction permit applications with the City of Miami for Biscayne 18, a two-tower project with 1,178 residential units at 1825 Biscayne Boulevard in Edgewater. The towers reach about 465 feet across 45 stories, with an estimated construction cost of $321 million and space for office, retail, and a banquet hall.
What it may mean for the marketMoves a large two-tower residential project toward construction in Edgewater, adding more than a thousand units plus office and retail space along the Biscayne Boulevard corridor. The site is less than a mile southeast of Pinewood Ests 3rd Addn.
Source: Florida YIMBY - July 2026Development
OKO Lilli condo tower nabs Miami review board approval in Edgewater
The Miami Urban Development Review Board recommended approval for OKO Group's OKO Lilli, a 53-story tower with 117 units at 717 Northeast 27th Street in Edgewater. Plans include a 350-foot public baywalk, an eight-story garage with 244 spaces, and Aman-curated amenities.
What it may mean for the marketAdds a high-rise condo tower and a public baywalk to the Edgewater bayfront, expanding the local housing supply and waterfront access along Biscayne Bay. The site is less than a mile northeast of Pinewood Ests 3rd Addn.
Source: The Real Deal - July 2026Development
619 Brickell by Nobu condo tower wins review board approval
The Miami Urban Development Review Board recommended approval for 619 Brickell by Nobu, a 75-story tower with 321 units from 13th Floor Investments and Key International at 619 Brickell Avenue. The design by Foster and Partners and Sieger Suarez preserves First Miami Presbyterian Church and adds ground-floor commercial space and a public baywalk.
What it may mean for the marketAdds a branded ultra-tall condo tower to the Brickell waterfront while preserving an existing church, expanding luxury housing and adding public baywalk and commercial space. The project is about 2 miles south of Pinewood Ests 3rd Addn, elsewhere in Miami-Dade County.
Source: The Real Deal - July 2026Development
Foundation pour completed for Twenty Sixth and 2nd Wynwood Residences
Developers PMG and LNDMRK Development completed foundation work and began vertical construction on Twenty Sixth and 2nd, an 8-story building with 233 residences at 2600 NW 2nd Avenue in Wynwood. The project includes about 26,000 square feet of ground-floor retail and over 32,000 square feet of amenities, with completion expected in the second quarter of 2028.
What it may mean for the marketAdvances a new mid-rise rental building with ground-floor retail in the Wynwood district, adding housing units and street-level commercial space as vertical construction begins. The site is less than a mile northwest of Pinewood Ests 3rd Addn.
Source: Florida YIMBY - June 2026Development
Grupo T&C plans 62-story 13th Edge tower near Brickell
Grupo T&C filed a pre-application with Miami-Dade County for 13th Edge, a 62-story, 648,700-square-foot tower at 237 Southwest 13th Street with 400 apartments and 400 hotel rooms. The project, designed by Kobi Karp Architecture, would replace the 36-unit El Vedado condominium built in 1972.
What it may mean for the marketIntroduces a large mixed-use residential and hotel tower to the area west of Brickell, adding hundreds of apartments and hotel rooms and replacing a small older condominium. The project is about 3 miles south of Pinewood Ests 3rd Addn, elsewhere in Miami-Dade County.
Source: The Real Deal
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.
Frequently Asked Questions
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An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2012 (38 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.
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