South Vedado
Homes for Sale in Miami-Dade County, FL
True comps, carrying-cost math, and listings before the portals.
South Vedado's price story right now is a per-square-foot story more than a headline-price story. At $614.61 a foot against a median price of $812,500, this is a market where condition and finish level are doing most of the work — the spread between a dated interior and a fully renovated one shows up directly in what a buyer is willing to pay per square foot, not just in the top-line number.
The year-over-year figure, down 14%, paired with a market heat score of 44, points to a market that has cooled from wherever it was a year ago and is currently sitting in buyer-favorable territory rather than a bidding-war posture. With only four closings in the current window, treat any single data point here as directional, not definitive — this is a market where you confirm the comp with your own eyes on the property, not just the spreadsheet.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside SOUTH VEDADO right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
South Vedado is trading at a median of $812,500 with a median days-on-market of 26 — a pace that suggests homes are moving without urgency, giving buyers room to negotiate and sellers a reason to price carefully rather than test the market.
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.
Who South Vedado is best for.
Best for
- A buyer comfortable doing property-level diligence rather than leaning on neighborhood-wide averages
- A buyer with some flexibility on timeline who can use a 26-day median market pace to negotiate rather than rush
- A buyer prioritizing location and home condition over a built-in amenity package
Probably not for
- A buyer who wants a large, stable sales history to benchmark price with confidence
- A buyer specifically shopping for a community with organized amenities
- A buyer unwilling to verify condition and comps directly given the small current closings sample
The market around South Vedado
South Vedado is too small for its own price trend, so here is the market around it.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
ZIP and county figures describe the wider market, not South Vedado specifically. Momentum Research analysis of MLS records.
The South Vedado buying strategy.
If we were buying in South Vedado 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 South Vedado.
A thin dataset, a real price signal
Four closings is a small enough sample that outliers matter. A single renovated property or a single distressed sale can move the median more than it would in a higher-volume market, so the $812,500 figure and the $614.61 per-square-foot figure should be read as a current snapshot rather than a settled baseline. That doesn't make the numbers meaningless — it makes context essential. Ask what those four sales actually were: updated versus original condition, larger versus smaller footprint, before leaning on the median as a pricing anchor for a specific home.
No community amenities are identified from current MLS listings, which means whatever is drawing buyers to South Vedado right now is the location and the housing stock itself, not a packaged lifestyle amenity. That's worth factoring into how you value a property here — you're paying for the home and the address, and the case for the number has to be made property by property rather than leaned on a shared amenity base.
The location and the amenities are priced into every listing in South Vedado. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin on closings, the difference between a good deal and an overpay is diligence on the individual property — verifying condition, confirming what actually sold and why, and pricing off real comparables rather than a median built on four data points. That's the work we do before a number gets attached to an offer or a listing.
South Vedado in 15 seconds.
Tools for a South Vedado 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 South Vedado sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in South Vedado, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your South Vedado home worth?
Get a no-obligation home value based on real comparable sales in South Vedado, 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 Vedado on the map →
Should you buy in South Vedado?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
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.
Recent Developments in South Vedado
Development, infrastructure, retail, and school activity affecting South Vedado, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.
- October 2026Parks & Amenities
Coral Gables extends Art Cinema lease and moves toward Aragon Avenue expansion
The commission extended the cinema operators' lease by five years, to September 2035, and directed staff to pursue West Construction at about $1.24M for the expansion. The project converts a storefront at 240 Aragon Ave. into a 92-seat theater with a lobby and cafe. The city had earlier provided $450,000.
What it may mean for the marketThe expansion adds a cultural and cafe destination to the Miracle Mile and Aragon Avenue area downtown. The site is about 1 mile southeast of South Vedado.
Source: Miami Today - October 2026Development
Subcontractor liens and suits top $20M at Miami Freedom Park near the airport
Subcontractors have filed more than $20M in liens and lawsuits tied to the Inter Miami stadium, which opened in April 2026 as phase one of a 131-acre, $1B district. Planned later phases include about 240K SF of retail, 360K SF of restaurants, 750 hotel rooms and 400K SF of offices. About 120K SF of retail leases are signed so far.
What it may mean for the marketPayment disputes could affect the pace of the retail, hotel and office phases planned beside the stadium, which shapes future dining, shopping and job options near the airport. The site is about 3 miles north of South Vedado.
Source: Bisnow - October 2026Infrastructure
Ross and Soffer drop plans for Miami International Airport hotel after FAA rejection
The developers abandoned a 451-room Westin-branded hotel on a 1.8-acre airport site after the FAA said the design created a radar blind spot, and a shorter redesign was also rejected. The county plans to end the 50-year ground lease within about a month and speed up a new request for proposals.
What it may mean for the marketA new proposal round could still bring the airport's first new hotel in over 60 years, but the timing of on-site lodging and jobs is now uncertain. The site is about 3 miles north of South Vedado.
Source: Bisnow - October 2026Retail & Dining
Shops at Sunset Place nears demolition for mixed-use redevelopment
The plan calls for 1,513 residences in seven towers of 12 to 33 stories, a 287-room hotel, a 1,300-seat theater, 202,462 square feet of retail and 65,892 square feet of office. Demolition is now targeted for early 2027 and a first phase around 2029. Plans estimate about $149 million in infrastructure improvements.
What it may mean for the marketReplaces a largely vacant mall with housing, hotel and street-level retail near Dadeland and the South Dade Metrorail line. The site is about 4 miles south of South Vedado.
Source: Miami Today - September 2026Development
University of Miami agreement with Coral Gables would add a hospital of up to 100 beds
A development agreement would allow construction of a hospital with up to 100 beds on the university's Coral Gables campus, offering inpatient, outpatient and emergency care. The agreement would also reshape the campus, which includes the Gables Village residential complex of 1,458 beds slated for mid-2029. Cost, size and timeline for the hospital were not stated.
What it may mean for the marketA campus hospital would add inpatient and emergency care capacity and healthcare employment in the Coral Gables area. The site is about 3 miles south of South Vedado.
Source: Miami Today - September 2026Infrastructure
County committee reviews $101 million contract for MIA North Terminal baggage screening machines
A county committee is reviewing a $101 million contract to replace 25 explosives detection machines in the North Terminal's baggage-handling system at Miami International Airport. The work would take about four and two-thirds years and be phased to limit disruption.
What it may mean for the marketBaggage system upgrades at the airport support passenger throughput and airport-related operations over several years. The site is about 2 miles north of South Vedado.
Source: Miami Today
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.
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. A Momentum agent can price yours against live local comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how SOUTH VEDADO fits the bigger picture — live prices, inventory, and Momentum Scores: