Spanish Trace Condo in Miami
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Photo via MIAMI MLS

Built fromLive MIAMI MLS dataUpdated twice daily

As of November 2026, Spanish Trace Condo in Miami, FL has 6 homes for sale and 2 pending, asking from $217,000 to $298,900 (median $267,500). Over the 12 months ending 2026-11-10, 5 recorded sales closed at a median of $240,000, $281 per square foot, a median 43 days on market, sellers accepting 90% of original asking. Homes listed or recently sold were built 1968–1968; 8 of 8 report an HOA (median $600/mo). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $4,220 ($3,510 with the full homestead exemption).

Last 30 days in Spanish Trace: 2 new listings (median asking $241,000), 2 under contract right now. As of November 11, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Spanish Trace Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$240K
Median sold · 12 mo
$281/sf
Sold $/sqft · 12 mo
peak $281 in 2026
90.0%
Sale vs ask
Tempo
16.8mo
Supply
3 to 6 months is the balanced band
43days
Median DOM · closed
43 days at the 2026 low
13%
Under contract
Miami-Dade: 13% (2,241 of 16,748)
7 · 1
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 5 a year
Track record · 0 years of records
840sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Spanish Trace Condo

Live MLS inventory for Spanish Trace 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 Spanish Trace Condo listings as of 2026-11-12, 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 2026 through 2026. Tap any home to ask about it.

Jon Brooks, Co-Founder of Momentum Realty
Jon's Read · written July 21, 2026

Spanish Trace's numbers point to a condo market that's cooled from where it was a year ago. The median price sits at $207,000, down 11.3% year over year, and that pullback is the headline here — this isn't a market where sellers can lean on last year's comps and expect the same result.

A median 37 days on market and a market heat score of 14 both say the same thing: this is a buyer-paced environment right now. With only 15 closings in the current window, pricing precision matters more than usual — a handful of transactions can swing the median, so both sides should treat any single comp with some caution and lean on price per square foot ($277.49) as a secondary check.

Figures in this note are as of July 21, 2026. The live market numbers elsewhere on this page update nightly and are newer.

Spanish Trace Condo Housing Pulse · Momentum Research · as of November 10, 2026

Spanish Trace Condo right now

🟢 Buyer-leaning market. 16.8 months of supply and 12% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of MIAMI MLS records, as of November 10, 2026. Confidence: Medium (8 active and pending listings, 5 closed sales in 12 months).

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

· Updated November 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

Spanish Trace Condo market snapshot (as of November 10, 2026): the median sale price is about $240K ($281 per sq ft over the trailing 12 months of closed sales), a median 43 days on market for closed sales, and 16.8 months of supply, a buyer-leaning market.

In ZIP 33176 (Miami), 63 homes closed in the last 12 months at a median of $534K ($402/sq ft), with a median 37 days on market. Right now 36 active and 12 pending listings put supply at about 6.9 months — a balanced market. See the live ZIP 33176 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 46 homes in SPANISH TRACE Condo that have changed hands since 2017, built between 1968 and 1968 (median 1968), with a median living area of about 840 sq ft and a typical 2-bedroom, 1-bath layout; 96% are condominiums. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Spanish Trace Condo is a Miami-Dade condo community currently showing a wider price correction than most, with the median down double digits year over year and a slower, buyer-paced sales pace.

Best for

  • A buyer looking for condo pricing below where it stood a year ago and willing to evaluate units on individual merit
  • An investor or owner-occupant comfortable doing extra diligence in a low-closing-volume market
  • A buyer with flexible timing who can wait through a median 37-day sales cycle for the right unit

Probably not for

  • A buyer expecting resort-style or building-wide amenities, since none are currently identified in MLS listings
  • A seller expecting last year's pricing to hold given the current year-over-year decline
  • A buyer who needs a high-volume market with abundant recent comps to feel confident in pricing

If we were buying in Spanish Trace 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

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

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 Spanish Trace Condo.

Best Buy
Buyers comfortable underwriting a condo purchase in a market that is actively repricing rather than holding steady.
Biggest Risk
Low closing volume means any single sale can swing the median and per-square-foot figures significantly.
Sweet Spot
Buyers who've done their homework on comparable units and are ready to act when a fairly priced listing appears.
Avoid If
You need a fast, predictable resale timeline or are relying on shared building amenities that current listings don't confirm.

A Market Resetting on Price

The double-digit year-over-year decline is the number to sit with. It doesn't necessarily mean every unit is worth less than it was — with only 15 closings feeding the window, a shift in which units sold (higher or lower floor, condition, size) can move the median on its own. Still, the direction is consistent with the slower 37-day median days on market and a market heat score of 14, both of which describe a community where inventory is taking longer to clear and buyers have more room to negotiate.

Price per square foot at $277.49 is worth tracking alongside the median price, since it strips out some of the size-mix noise a small closings count can introduce. No community amenities were identified from current MLS listings, so any evaluation of a specific unit should lean on the listing details themselves — condition, floor, view, HOA specifics — rather than assumptions about shared building features.

“

The location and the amenities are priced into every listing in Spanish Trace 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

In a low-volume, price-correcting condo market like this one, the median and per-square-foot figures can move quickly on a small number of sales. We track the actual closings feeding these numbers, not just the headline stat, so pricing a listing or structuring an offer here starts from what's really transacting rather than a number that's already stale.

Spanish Trace Condo in 15 seconds.

Best forBuyers comfortable underwriting a condo purchase in a market that is actively repricing rather than holding steady.
Biggest advantageA slower pace and negotiating room that has followed the year-over-year price decline.
Biggest riskLow closing volume means any single sale can swing the median and per-square-foot figures significantly.
Sweet spotBuyers who've done their homework on comparable units and are ready to act when a fairly priced listing appears.
Avoid ifYou need a fast, predictable resale timeline or are relying on shared building amenities that current listings don't confirm.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Spanish Trace Condo sales matched to your home.

What is your Spanish Trace Condo home worth?

Get a no-obligation home value based on real comparable sales in Spanish Trace 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.

Recently off market in SPANISH TRACE CONDO

Homes in SPANISH TRACE CONDO that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 4 on record.

Spanish Trace key facts
LocationMiami, Miami-Dade County, FL · ZIP 33176
Home types (current listings and sales)condos 75%, townhouses 25%
Sale prices, last 12 months$240,000 median across 5 closed sales · $281 per sq ft
Days on market (closed sales)43 median
For sale right now7 active, 1 pending · median asking $265,000 · 16.8 months of supply

Data as of November 10, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Spanish Trace key facts,” movewithmomentum.com/neighborhoods/spanish-trace-condo, data as of November 10, 2026.

Every Home for Sale in Spanish Trace Condo Right Now (8)

All 8 active and pending Spanish Trace Condo listings with a detail page, newest first, refreshed twice a day from the MLS.

How much local inventory is already under contract

21% of homes for sale in ZIP 33176 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 (2026-11-12).

What it really costs to own in Spanish Trace

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

Property taxCurrent owners' bills run a median of $3,597/yr across 7 listings here (MLS tax records, 2026-11-12).
HOA duesMedian $600/month across 8 MLS listings (most billed monthly; 2026-11-12). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction.
Roof and ageMedian build year 1968 across 8 listings. An original roof here would be about 58 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Estimated carrying cost at the median asking price, before the mortgage: about $1,057/month (tax $300, HOA $600, insurance $158). An estimate from the sources above, not a quote.

Email me new listings in Spanish Trace

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Spanish Trace Condos for Sale

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Spanish Trace Condos for Sale will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

Recent Developments in Spanish Trace Condo

Development, infrastructure, retail, and school activity affecting Spanish Trace Condo, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

  1. October 2026
    Development

    Faena Residences gets record $817M construction loan on the Miami River

    Tyko Capital provided the largest construction loan recorded in Florida to Fortune International Group and Kar Properties. The project at 24 SW Fourth St. calls for two 68-story towers with 434 condo units on a 14-acre site with river frontage. Completion is targeted for early 2030, and sales have passed $500M.

    What it may mean for the marketThe financing moves a large riverfront condo and cultural project toward construction, adding long-term housing supply and construction employment near Brickell City Centre. The site is about 1 mile southeast of Spanish Trace Condo.

    Source: Bisnow
  2. October 2026
    Development

    Casa Bella Residences opens at 1400 Biscayne Boulevard in Downtown Miami

    Related Group and Alta Developers completed the 56-story, 650-foot tower with 319 residences, including 10 penthouses. Closings are underway and first residents have moved in, with more than 90 percent of homes reported under contract. Construction began in November 2023.

    What it may mean for the marketAdds 319 completed homes to the downtown Biscayne corridor, close to existing transit, offices and dining. The site is about 1 mile northeast of Spanish Trace Condo.

    Source: Florida YIMBY
  3. September 2026
    Civic

    Miami-Dade commissioners adopt $14.26 billion budget with flat tax rate

    County commissioners approved the fiscal year 2026-27 budget after a meeting that ran from Thursday afternoon into Friday morning. The operating property tax rate stays flat at 4.57 mills. The county says the plan prioritizes public safety, parks and transportation amid slowing revenue growth.

    What it may mean for the marketA flat operating millage keeps the county's property tax rate steady for owners across Miami-Dade for the coming fiscal year. The site is about 1 mile east of Spanish Trace Condo.

    Source: Local 10 News
  4. July 2026
    Development

    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 about 1 mile northeast of Spanish Trace Condo.

    Source: Florida YIMBY
  5. July 2026
    Development

    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 site is about 1 mile southeast of Spanish Trace Condo.

    Source: The Real Deal
  6. June 2026
    Development

    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 site is about 1 mile southeast of Spanish Trace Condo.

    Source: The Real Deal

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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

What is the median home price in Spanish Trace Condo?
The median sale price in Spanish Trace Condo was $240K over the 12 months ending November 10, 2026 (5 closed sales, MIAMI MLS).
How long do homes in Spanish Trace Condo take to sell?
Homes that closed in the 12 months ending November 10, 2026 took a median 43 days on market (5 sales, MIAMI MLS).
Is Spanish Trace Condo a buyer's or seller's market right now?
As of November 10, 2026, Spanish Trace Condo leans toward buyers: 16.8 months of supply at the current sales pace (MIAMI MLS live counts).
Who is the best real estate agent for Spanish Trace Condo?
The best agent for Spanish Trace 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 Spanish Trace Condo.
How do I find a top Miami real estate agent who knows Spanish Trace 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 Spanish Trace Condo and the wider Miami area.
Can Momentum Realty connect me with an agent for Spanish Trace Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Spanish Trace Condo purchase or sale - no call center and no pressure.
Where is Spanish Trace, and what county is it in?
Spanish Trace is in Miami, Miami-Dade County, FL, ZIP 33176.
Is Spanish Trace a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Spanish Trace: the median sale price over the last 12 months was $240K (5 sales), 56% below the Miami median of $550K; homes took a median 43 days to go under contract; supply is 16.8 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.
A buyer looking for condo pricing below where it stood a year ago and willing to evaluate units on individual meritExcellent fit
An investor or owner-occupant comfortable doing extra diligence in a low-closing-volume marketExcellent fit
A buyer with flexible timing who can wait through a median 37-day sales cycle for the right unitExcellent fit
A buyer expecting resort-style or building-wide amenities, since none are currently identified in MLS listingsProbably not
A seller expecting last year's pricing to hold given the current year-over-year declineProbably not
A buyer who needs a high-volume market with abundant recent comps to feel confident in pricingProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: November 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending November 10, 2026
Under-contract sharesMIAMI MLS records, as of 2026-11-10
Historical depthClosed-sale records back to 2026 (5 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.

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Nearby Communities

Explore more neighborhoods near Spanish Trace with Momentum Realty’s local guides.

Coletown Acres0.2 mi away · 1 for saleThe Prado Condo0.4 mi awayKendallwood Villas Condo0.4 mi awayPalm Cove Condo0.4 mi away · 2 for salePalm Cove Condo (Miami Dade)0.5 mi away · 1 for saleKendall Acres Condo0.5 mi away · median $198K, 3 sales/12 moNob Hill West Condo0.5 mi away · 1 for sale

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