ST TROPEZ ON THE BAY III in Sunny Isles Beach

ST TROPEZ ON THE BAY III
Homes for Sale in Sunny Isles Beach, FL

Community in Sunny Isles Beach · Miami-Dade County · ZIP 33160
Median sale $750K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
20/100
Market Heat
Cooler than normal
2021 → 2026 · 88 at the 2022 peak
0 is ST TROPEZ ON THE BAY III's coldest market since 2021, 100 its hottest. Today: 20. How it's scored

Photo via miami

Built fromLive miami data8 years of closingsUpdated twice daily
Live · ST TROPEZ ON THE BAY III Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$750K
Median sold · 12 mo
down 12.0% vs the prior 12 months
-12.0%
1-yr price change
n = 3 and 4 sales in the two windows
$513/sf
Sold $/sqft · 12 mo
peak $576 in 2023
90.6%
Sale vs ask
Tempo
137days
Median DOM · closed
43 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
33%
Cash buyers · ST TROPEZ ON THE BAY III
1 of 3 sales, 12 mo ending July 2026
Track record · 8 years of records
1,461sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

St Tropez On The Bay III is trading with a median price of $750,000 and a median of $513.35 per square foot, but the read here has to come with a caveat: only three closings anchor this window, so the numbers describe a thin slice of activity rather than a broad trend. A market heat score of 20 and a median 137 days on market both point to a slow, buyer-favorable pace right now, not a competitive one.

Price is down 12% year over year, which in a low-volume condo market can reflect a shift in unit mix or condition as much as a broad repricing. Sellers here need to price to the current pace and expect a longer marketing window; buyers get room to negotiate on price and terms without the urgency that a hotter market would impose.

ST TROPEZ ON THE BAY III Housing Pulse · Momentum Research · as of July 20, 2026

ST TROPEZ ON THE BAY III right now

🔴 Off the recent peak. The trailing-12-month median ($750K) is down 12.0% from the prior 12 months ($852K). With about 7 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 closed sales, 12-month windows ending July 20. Confidence: Low (3 and 4 sales in the two windows).

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

Updated July 20, 2026 · Live data: miami, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

ST TROPEZ ON THE BAY III market snapshot (as of July 20, 2026): the median sale price is about $750K ($513 per sq ft over the trailing 12 months of closed sales), and a median 137 days on market for closed sales. The trailing-12-month median is down 12% from the prior 12 months, computed from record-level miami closed sales (3 closings in the current window).

This is a low-volume waterfront condo market where each closing carries outsized weight in the numbers, so buyers and sellers should treat the median price and per-square-foot figures as directional rather than precise.

Best for

  • A buyer prioritizing waterfront square footage over move-in timeline
  • A seller who can price patiently and hold through a longer marketing period
  • An investor comfortable underwriting off a limited, condition-driven comp set

Probably not for

  • A buyer expecting a fast, competitive-offer transaction
  • A seller who needs a quick close at a firm number
  • A buyer who wants a large recent sales history to lean on for pricing confidence

Windows contain 0 to 16 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 2018 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$600K$800K20182020202220242026
Down 12.0% year over year.
Every sale since 2018 · price vs size
$0$500K$1M2k2k2k
62 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$400$500$60020182020202220242026
Up from $364 in 2018 to a $576 peak in 2023; $513 now.
Median days on market · closed sales
5010020182020202220242026
43 days at the 2022 low; 137 now.
Sale price vs original ask · median
85%90%95%20182020202220242026
90.6% now.
Homes sold per 12-mo window
05101520182020202220242026
0 to 16 a year; 3 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning202220242026
88 at the 2022 peak, 20 in the troughs, 20 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.

$3,099/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

10% of homes for sale in ZIP 33160 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).

ST TROPEZ ON THE BAY III Market Scorecard

Balanced

ST TROPEZ ON THE BAY III is currently a balanced market., and homes go under contract in about 134 days.

$750,000
Median sold
$610
List $/sqft
134
Days on mkt
7/1/0
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 ST TROPEZ ON THE BAY III

Live MLS inventory for ST TROPEZ ON THE BAY III. 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 ST TROPEZ ON THE BAY III 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 2018 through 2026. Tap any home to ask about it.

If we were buying in ST TROPEZ ON THE BAY III 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 ST TROPEZ ON THE BAY III.

Best Buy
A buyer looking for waterfront square footage in a slow-moving market who does not need a fast close.
Biggest Risk
The small closing count means published stats can shift sharply with the next sale or two.
Sweet Spot
Buyers comfortable pricing off per-square-foot value and condition rather than a tight recent comp set.
Avoid If
You need a quick sale or a large, active comp pool to validate pricing.

A Thin Market, Priced on Condition and Patience

With only three closings feeding this snapshot, St Tropez On The Bay III does not behave like a high-turnover community. The median $513.35 per square foot suggests a per-unit value tied closely to finish level and view, and with so few data points, one or two unusual sales can swing the median considerably in either direction.

The median 137 days on market and a market heat score of 20 both describe a market where listings sit rather than move quickly. That is consistent with a small, specialized buyer pool for this type of unit and building, and it means sellers should expect a longer runway to close and buyers can afford to take their time on inspection and negotiation.

The location and the amenities are priced into every listing in ST TROPEZ ON THE BAY III. 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 market this thin, pricing strategy and patience matter more than volume-based comparisons. We work the limited closing history directly with you, so you understand what is actually driving the number instead of relying on a generic market average that does not hold up at this sample size.

ST TROPEZ ON THE BAY III in 15 seconds.

Best forA buyer looking for waterfront square footage in a slow-moving market who does not need a fast close.
Biggest advantageCurrent conditions favor negotiating room on price and timeline, not competitive bidding.
Biggest riskThe small closing count means published stats can shift sharply with the next sale or two.
Sweet spotBuyers comfortable pricing off per-square-foot value and condition rather than a tight recent comp set.
Avoid ifYou need a quick sale or a large, active comp pool to validate pricing.

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 ST TROPEZ ON THE BAY III sales matched to your home.

What is your ST TROPEZ ON THE BAY III home worth?

Get a no-obligation home value based on real comparable sales in ST TROPEZ ON THE BAY III, 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 ST TROPEZ ON THE BAY III on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in ST TROPEZ ON THE BAY III?
The median sale price in ST TROPEZ ON THE BAY III was $750K over the 12 months ending July 20, 2026 (3 closed sales, miami).
How long do homes in ST TROPEZ ON THE BAY III take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 137 days on market (3 sales, miami).
Do cash buyers compete in ST TROPEZ ON THE BAY III?
Cash buyers took 33% of ST TROPEZ ON THE BAY III sales in the 12 months ending July 2026 (1 of 3 closings, miami).
Who is the best real estate agent for ST TROPEZ ON THE BAY III?
The best agent for ST TROPEZ ON THE BAY III is one who actively works Sunny Isles Beach 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 ST TROPEZ ON THE BAY III.
How do I find a top Sunny Isles Beach real estate agent who knows ST TROPEZ ON THE BAY III?
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 ST TROPEZ ON THE BAY III and the wider Sunny Isles Beach area.
Can Momentum Realty connect me with an agent for ST TROPEZ ON THE BAY III?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your ST TROPEZ ON THE BAY III purchase or sale - no call center and no pressure.
A buyer prioritizing waterfront square footage over move-in timelineExcellent fit
A seller who can price patiently and hold through a longer marketing periodExcellent fit
An investor comfortable underwriting off a limited, condition-driven comp setExcellent fit
A buyer expecting a fast, competitive-offer transactionProbably not
A seller who needs a quick close at a firm numberProbably not
A buyer who wants a large recent sales history to lean on for pricing confidenceProbably 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 2018 (62 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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CallFree valuation →
Thinking of selling in ST TROPEZ ON THE BAY III? 3 recorded closings; median 137 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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