South Bay Estates in Miami

South Bay Estates
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33133
Median sale $765K
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Live Market Pulse
55/100
Market Heat
Near its long-run normal
2021 → 2026 · 65 at the 2022 peak
0 is South Bay Estates's coldest market since 2021, 100 its hottest. Today: 55. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

As of September 2026, South Bay Estates in Miami, FL has 2 homes for sale. Over the 12 months ending 2026-09-12, 6 recorded sales closed at a median of $764,750, $469 per square foot, a median 26 days on market, sellers accepting 94% of original asking (+10% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $13,450 ($12,740 with the full homestead exemption).

Live · South Bay Estates Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$765K
Median sold · 12 mo
up 9.6% vs the prior 12 months
+9.6%
1-yr price change
n = 6 and 3 sales in the two windows
$469/sf
Sold $/sqft · 12 mo
peak $549 in 2024
94.1%
Sale vs ask
Miami-Dade median: 94.0%
Tempo
26days
Median DOM · closed
21 days at the 2025 low
0%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
2 · 0
For sale · pending
live counts, refreshed twice daily
6
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 14 years of records
1,393sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

South Bay Estates is pricing on condition and square footage right now, not on shared amenities — MLS records show no listed community amenities, so what buyers are paying for is the home itself: layout, updates, and lot. At a median of $795,000 and roughly $468.63 per square foot, this is a market where finish level and square footage drive value more than any clubhouse or gate.

A median of 17 days on market and a market heat score of 71 point to a market that is moving with real urgency. Combined with 14.0% year-over-year price growth, sellers are in a position to hold firm on price, and buyers who wait on a decision are likely to see the next comparable listing move before they act.

South Bay Estates Housing Pulse · Momentum Research · as of September 12, 2026

South Bay Estates right now

🟢 Still climbing. The trailing-12-month median ($765K) is up 9.6% from the prior 12 months ($698K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Low (6 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

South Bay Estates market snapshot (as of September 12, 2026): the median sale price is about $765K ($469 per sq ft over the trailing 12 months of closed sales), and a median 26 days on market for closed sales. The trailing-12-month median is up 10% from the prior 12 months, computed from record-level MIAMI MLS closed sales (6 closings in the current window).

South Bay Estates in Miami-Dade County trades on the strength of individual homes rather than shared community features, with pricing and pace reflecting a market that has been tightening over the past year.

Best for

  • Buyers prioritizing the home's own condition and layout over shared community features.
  • Buyers comfortable moving quickly in a market with a median of 17 days on market.
  • Sellers with an updated, well-presented home looking to capitalize on current year-over-year price momentum.

Probably not for

  • Buyers who want a clubhouse, pool, or other organized community amenities as part of the package.
  • Buyers who prefer to take extended time comparing options before making an offer.
  • Buyers relying heavily on a large recent-sales dataset to validate pricing, given the limited closings volume.

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 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$400K$600K$800K$1M20122014201620182020202220242026
Up 9.6% year over year.
Every sale since 2012 · price vs size
$0$500K$1M1k2k
43 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$300$400$50020122014201620182020202220242026
Up from $269 in 2012 to a $549 peak in 2024; $469 now.
Median days on market · closed sales
5010015020122014201620182020202220242026
21 days at the 2025 low; 26 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
94.1% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 6 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning202220242026
65 at the 2022 peak, 39 in the troughs, 55 now. Same score as the hero card, full history.

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

20% of homes for sale in ZIP 33133 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).

SOUTH BAY ESTATES Market Scorecard

Thin data

SOUTH BAY ESTATES is currently a thin data market. Limited supply, a median asking price of $962,500, and homes go under contract in about 70 days.

n/a
Months supply
$962,500
Median list
n/a
Median sold
$646
Per sqft
70
Days on mkt
2/0/0
Active/Pend/Sold

Typical home value in the 33133 ZIP is $1,352,043, about 192.2% 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.

Homes For Sale Right Now in South Bay Estates

Live MLS inventory for South Bay Estates. 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 South Bay Estates 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 2012 through 2026. Tap any home to ask about it.

If we were buying in South Bay Estates 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 South Bay Estates.

Best Buy
Buyers and sellers focused on a single well-maintained home rather than a shared amenity package.
Biggest Risk
A thin closings sample means pricing off a single recent sale can be misleading without a broker's context.
Sweet Spot
Move-in-ready homes priced near the $468.63-per-square-foot median tend to attract the fastest interest.
Avoid If
Skip this community if you are shopping for community amenities as part of the purchase decision.

Pricing on the home, not the community

With no community amenities identified in current MLS listings, value here concentrates entirely in the property: condition, updates, and usable square footage. The median price per square foot of $468.63 is the number to anchor to when comparing one listing against another, since it strips out lot size and staging and gets closer to what buyers are actually paying for the structure itself.

The pace of sales — a median of 17 days on market against a market heat score of 71 — signals a market where well-priced, well-presented homes are not sitting. Combined with 14.0% year-over-year appreciation, this reads as a market in an active up-cycle rather than one that has plateaued. Five closings in the most recent window is a limited sample, which argues for pricing new listings carefully against the most recent, most comparable sales rather than leaning on averages alone.

The location and the amenities are priced into every listing in South Bay Estates. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community without shared amenities to lean on for comparison, pricing accuracy comes down to reading individual homes correctly — condition, layout, and recent comparable closings. We track South Bay Estates at the listing level so sellers price to the current pace of the market and buyers know which homes are worth moving on quickly.

South Bay Estates in 15 seconds.

Best forBuyers and sellers focused on a single well-maintained home rather than a shared amenity package.
Biggest advantageA market moving at a 17-day median pace with double-digit annual price growth favors decisive sellers.
Biggest riskA thin closings sample means pricing off a single recent sale can be misleading without a broker's context.
Sweet spotMove-in-ready homes priced near the $468.63-per-square-foot median tend to attract the fastest interest.
Avoid ifSkip this community if you are shopping for community amenities as part of the purchase decision.

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 South Bay Estates sales matched to your home.

What is your South Bay Estates home worth?

Get a no-obligation home value based on real comparable sales in South Bay Estates, 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 South Bay Estates on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in South Bay Estates?
The median sale price in South Bay Estates was $765K over the 12 months ending September 12, 2026 (6 closed sales, MIAMI MLS).
How long do homes in South Bay Estates take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 26 days on market (6 sales, MIAMI MLS).
Who is the best real estate agent for South Bay Estates?
The best agent for South Bay Estates 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 South Bay Estates.
How do I find a top Miami real estate agent who knows South Bay Estates?
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 South Bay Estates and the wider Miami area.
Can Momentum Realty connect me with an agent for South Bay Estates?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your South Bay Estates purchase or sale - no call center and no pressure.
Buyers prioritizing the home's own condition and layout over shared community features.Excellent fit
Buyers comfortable moving quickly in a market with a median of 17 days on market.Excellent fit
Sellers with an updated, well-presented home looking to capitalize on current year-over-year price momentum.Excellent fit
Buyers who want a clubhouse, pool, or other organized community amenities as part of the package.Probably not
Buyers who prefer to take extended time comparing options before making an offer.Probably not
Buyers relying heavily on a large recent-sales dataset to validate pricing, given the limited closings volume.Probably not

Nearby Communities

Explore more neighborhoods near South Bay Estates with Momentum Realty’s local guides.

SSylvanmere0.1 mi awayGEGroves Edge Condo0.2 mi awaySBSilver Bluff0.2 mi awayVIVillaggio In The Grove To0.2 mi awayMBMarbella By The Grove Con0.2 mi awayDGDixie Grove Residences Co0.2 mi awayGVGrove View Condo0.2 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 2012 (43 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.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in SOUTH BAY ESTATES? 6 recorded closings; median 26 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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