THE CARIBBEAN CONDO in Miami Beach

THE CARIBBEAN CONDO
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33140
Median sale $3.64M
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Built fromLive miami data8 years of closingsUpdated twice daily
Live · THE CARIBBEAN CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$3.64M
Median sold · 12 mo
up 25.1% vs the prior 12 months
+25.1%
1-yr price change
n = 4 and 4 sales in the two windows
$1984/sf
Sold $/sqft · 12 mo
peak $1984 in 2026
76.0%
Sale vs ask
Tempo
181days
Median DOM · closed
44 days at the 2023 low
4
Sold · last 12 mo
10-yr average: about 4 a year
Ownership and context
100%
Cash buyers · THE CARIBBEAN CONDO
4 of 4 sales, 12 mo ending July 2026
Track record · 8 years of records
1,837sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

THE CARIBBEAN CONDO is trading at a median price of $3,643,750 and a median price per square foot of $1,983.53, both figures reflecting a small, high-value slice of the market. With only 4 closings in the current window, any single sale can move these numbers meaningfully, so treat the 25.1% year-over-year change as a signal of direction, not a precise trend line.

The median days on market of 180.5 tells the real story here: this is not a market where listings move quickly. Pricing at this level requires patience on both sides of the transaction, and a well-positioned unit still needs to find the right buyer rather than the next available one.

THE CARIBBEAN CONDO Housing Pulse · Momentum Research · as of July 20, 2026

THE CARIBBEAN CONDO right now

🟢 Still climbing. The trailing-12-month median ($3.64M) is up 25.1% from the prior 12 months ($2.91M). 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 closed sales, 12-month windows ending July 20. Confidence: Low (4 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

THE CARIBBEAN CONDO market snapshot (as of July 20, 2026): the median sale price is about $3.64M ($1984 per sq ft over the trailing 12 months of closed sales), and a median 181 days on market for closed sales. The trailing-12-month median is up 25% from the prior 12 months, computed from record-level miami closed sales (4 closings in the current window).

THE CARIBBEAN CONDO sits at the upper end of the Miami-Dade condo market, with pricing and per-square-foot values that place it well above typical resale comparables in the county.

Best for

  • Buyers targeting a specific high-value unit and prepared for a longer marketing and negotiation timeline.
  • Sellers who can price patiently and wait through a multi-month sales cycle rather than needing a quick close.
  • Buyers comfortable making decisions with limited recent comparable sales to reference.

Probably not for

  • Buyers who need a fast closing timeline measured in weeks rather than months.
  • Anyone relying on a large set of recent comparable sales to validate pricing before committing.
  • Budget-driven buyers looking for entry-level condo pricing in the broader Miami-Dade market.

Windows contain 1 to 11 sales each (4 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
$2M$3M20182020202220242026
Up 25.1% year over year.
Every sale since 2018 · price vs size
$0$5M$10M1k2k3k4k
40 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$1K$2K$2K20182020202220242026
Up from $1059 in 2018 to a $1984 peak in 2026; $1984 now.
Median days on market · closed sales
10020020182020202220242026
44 days at the 2023 low; 181 now.
Sale price vs original ask · median
80%90%20182020202220242026
76.0% now.
Homes sold per 12-mo window
051020182020202220242026
1 to 11 a year; 4 in the current window.

THE CARIBBEAN CONDO Market Scorecard

Balanced

THE CARIBBEAN CONDO is currently a balanced market., and homes go under contract in about 15 days.

$3,643,750
Median sold
$2097
List $/sqft
15
Days on mkt
4/0/0
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 THE CARIBBEAN CONDO

Live MLS inventory for THE CARIBBEAN 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 THE CARIBBEAN CONDO listings as of 2026-08-19, 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 THE CARIBBEAN 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

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 THE CARIBBEAN CONDO.

Best Buy
Buyers and sellers focused on a single high-value unit rather than a broad shopping list of comparables.
Biggest Risk
With only 4 closings, pricing data here is thin and can shift sharply with the next sale.
Sweet Spot
Units priced and marketed with attention to the long 180.5-day typical timeline.
Avoid If
You need a fast transaction or a large set of recent comparables to feel confident in pricing.

Reading a Thin, High-Value Market

Four closings is not enough volume to draw firm conclusions about pricing trends, but it is enough to establish that this building trades in a narrow, high-dollar band. A median price per square foot near $1,983.53 puts every unit here in a category where condition, view, and floor plan drive value far more than broad market momentum.

The 180.5-day median days on market reflects a smaller pool of qualified buyers at this price point and a longer negotiation cycle. Sellers should expect a marketing period measured in months, not weeks, and buyers who move decisively when the right unit appears will have a real advantage over those waiting for a second look.

The location and the amenities are priced into every listing in THE CARIBBEAN 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 market this thin, comparable sales are scarce and every closing carries outsized weight in pricing conversations. We track the actual closings behind these numbers, not just the headline stats, so pricing strategy and offer positioning are built on what has really transacted rather than assumption.

THE CARIBBEAN CONDO in 15 seconds.

Best forBuyers and sellers focused on a single high-value unit rather than a broad shopping list of comparables.
Biggest advantageThe 25.1% year-over-year move signals upward pricing momentum, even on a small sample.
Biggest riskWith only 4 closings, pricing data here is thin and can shift sharply with the next sale.
Sweet spotUnits priced and marketed with attention to the long 180.5-day typical timeline.
Avoid ifYou need a fast transaction or a large set of recent comparables to feel confident in 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 THE CARIBBEAN CONDO sales matched to your home.

What is your THE CARIBBEAN CONDO home worth?

Get a no-obligation home value based on real comparable sales in THE CARIBBEAN 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.

See homes for sale in THE CARIBBEAN CONDO on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in THE CARIBBEAN CONDO?
The median sale price in THE CARIBBEAN CONDO was $3.64M over the 12 months ending July 20, 2026 (4 closed sales, miami).
How long do homes in THE CARIBBEAN CONDO take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 181 days on market (4 sales, miami).
Do cash buyers compete in THE CARIBBEAN CONDO?
Cash buyers took 100% of THE CARIBBEAN CONDO sales in the 12 months ending July 2026 (4 of 4 closings, miami).
Who is the best real estate agent for THE CARIBBEAN CONDO?
The best agent for THE CARIBBEAN CONDO is one who actively works Miami 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 THE CARIBBEAN CONDO.
How do I find a top Miami Beach real estate agent who knows THE CARIBBEAN CONDO?
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 THE CARIBBEAN CONDO and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for THE CARIBBEAN CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your THE CARIBBEAN CONDO purchase or sale - no call center and no pressure.
Buyers targeting a specific high-value unit and prepared for a longer marketing and negotiation timeline.Excellent fit
Sellers who can price patiently and wait through a multi-month sales cycle rather than needing a quick close.Excellent fit
Buyers comfortable making decisions with limited recent comparable sales to reference.Excellent fit
Buyers who need a fast closing timeline measured in weeks rather than months.Probably not
Anyone relying on a large set of recent comparable sales to validate pricing before committing.Probably not
Budget-driven buyers looking for entry-level condo pricing in the broader Miami-Dade market.Probably 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 (40 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 THE CARIBBEAN CONDO? 4 recorded closings; median 180 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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