THE LEXI CONDO
Homes for Sale in North Bay Village, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via miami
The numbers on THE LEXI CONDO point to a building working through a price reset. Median price sits at $580,000 against a per-square-foot figure of $394.38, but the year-over-year change of -14.6% is the number that matters most right now — sellers are closing below where this building priced a year ago, and buyers who are patient are the ones benefiting.
A median of 68 days on market and a market heat score of 38 both say the same thing: this is not a competitive, multiple-offer environment. With only 7 closings in the current window, pricing here is set by a handful of transactions rather than a deep, liquid market, so any single sale can move the read on value. That cuts both ways — a well-priced unit can still move, but a seller who prices to last year's numbers will likely sit.
THE LEXI CONDO right now
🔴 Off the recent peak. The trailing-12-month median ($580K) is down 14.6% from the prior 12 months ($679K). 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: Medium (7 and 9 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 LEXI CONDO market snapshot (as of July 20, 2026): the median sale price is about $580K ($394 per sq ft over the trailing 12 months of closed sales), and a median 68 days on market for closed sales. The trailing-12-month median is down 15% from the prior 12 months, computed from record-level miami closed sales (7 closings in the current window).
THE LEXI CONDO is a Miami-Dade condominium building currently showing a slower resale pace and a meaningful year-over-year price pullback, with a small enough closing count that each sale carries outsized weight on the building's pricing picture.
The setting & the homes.
Aerial and on-site photos of THE LEXI CONDO. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
THE LEXI CONDO
THE LEXI CONDO
THE LEXI CONDO
THE LEXI CONDOPhotos from miami listings in THE LEXI CONDO; content deemed reliable but not guaranteed.
Who THE LEXI CONDO is best for.
Best for
- A buyer comfortable negotiating in a softened market and willing to hold a unit through a slower resale cycle
- A value-focused buyer targeting a Miami-Dade condo purchase near the median $580,000 price point who wants room to negotiate off list
- A buyer doing a longer-hold purchase who is less sensitive to the current 68-day median time-to-sell
Probably not for
- A buyer who needs confirmed on-site amenities as a deciding factor, since none are identified from current listings
- A seller expecting last year's pricing given the -14.6% year-over-year shift
- A buyer who wants a large pool of recent comparable sales to lean on, given the limited 7-closing window
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 20 of each year, from record-level miami closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($580K) IS the median in the snapshot above, and the move from 2025 ($679K) IS the -14.6% one-year change.
Windows contain 1 to 16 sales each (7 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.
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
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.
16% of homes for sale in ZIP 33141 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).
THE LEXI CONDO Market Scorecard
THE LEXI CONDO is currently a balanced market., and homes go under contract in about 14 days.
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 LEXI CONDO
Live MLS inventory for THE LEXI 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 LEXI CONDO 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.
The THE LEXI CONDO buying strategy.
If we were buying in THE LEXI CONDO 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 THE LEXI CONDO.
A market thin enough to reward homework
With just 7 closings feeding the current snapshot, THE LEXI CONDO doesn't have the transaction depth of a larger building down the street. That means the median price of $580,000 and the $394.38 per-square-foot figure should be read as directional, not exact — condition, floor, view, and unit layout can swing an individual sale meaningfully above or below those marks. Buyers and sellers here need a comp pull that looks closely at recent, comparable closings rather than leaning on building-wide averages.
The -14.6% year-over-year change combined with a 68-day median days-on-market tells a consistent story: this building has softened from where it was, and units are taking longer to find a buyer. No community amenities were identified from current MLS listings, so buyers evaluating this building should confirm directly what's actually offered on-site rather than assuming standard condo perks are included.
The location and the amenities are priced into every listing in THE LEXI CONDO. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building with only a handful of recent closings, the comp selection and pricing strategy matter more than usual. We pull the actual recent sales at THE LEXI CONDO, not building-wide averages, and price to what's really moving — whether that means positioning a listing to compete in a slower market or building a buyer's offer around where this building has actually been trading.
THE LEXI CONDO in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a THE LEXI CONDO 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 THE LEXI CONDO sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in THE LEXI CONDO, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your THE LEXI CONDO home worth?
Get a no-obligation home value based on real comparable sales in THE LEXI 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 LEXI CONDO on the map →
Frequently Asked Questions
What is the median home price in THE LEXI CONDO?
How long do homes in THE LEXI CONDO take to sell?
Do cash buyers compete in THE LEXI CONDO?
Who is the best real estate agent for THE LEXI CONDO?
How do I find a top North Bay Village real estate agent who knows THE LEXI CONDO?
Can Momentum Realty connect me with an agent for THE LEXI CONDO?
Should you buy in THE LEXI CONDO?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | miami closed sales, 12-month windows ending July 20, 2026 |
| Under-contract shares | miami records, as of 2026-07-18 |
| Historical depth | Closed-sale records back to 2018 (59 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.
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 THE LEXI CONDO fits the bigger picture — live prices, inventory, and Momentum Scores: