THE MADISON CONDO
Homes for Sale in Miami Beach, FL
True comps, carrying-cost math, and listings before the portals.
Photo via miami
The number that stands out at THE MADISON CONDO is the price per square foot: $657.27 against a $290,000 median price. That combination points to compact units carrying a premium rate — you are paying for location and building, not square footage. With only 5 closings in the current window, every sale carries outsized weight in how the market reads, so a single unusual transaction can shift the picture quickly.
A median 162 days on market is the other half of the story. That is a slow clearing pace, which tells buyers there is room to negotiate on timeline and terms, and tells sellers that pricing and presentation matter more than urgency. This is not a market where listings move on momentum alone.
The 60-Second Overview
THE MADISON CONDO market snapshot (as of July 20, 2026): the median sale price is about $290K ($657 per sq ft over the trailing 12 months of closed sales), and a median 162 days on market for closed sales.
THE MADISON CONDO in Miami-Dade County is currently trading at a $290,000 median price and a $657.27 median price per square foot, with a 162-day median time on market reflecting a deliberate, low-volume sales pace.
Who THE MADISON CONDO is best for.
Best for
- A buyer prioritizing a lower total purchase price over maximizing unit size
- A buyer with flexible timing who can wait out a slower-moving listing pace
- A seller prepared to price to current data rather than test the top of the market
Probably not for
- A buyer who needs a fast, competitive closing timeline
- A buyer comparing strictly on price per square foot against larger condo product
- An investor relying on a high volume of recent comparable sales to validate pricing
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 ($290K) IS the median in the snapshot above.
Windows contain 1 to 7 sales each (5 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.
13% of homes for sale in ZIP 33140 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 MADISON CONDO Market Scorecard
THE MADISON CONDO is currently a balanced market., and homes go under contract in about 0 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 MADISON CONDO
Live MLS inventory for THE MADISON 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 MADISON CONDO listings as of 2026-08-05, 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 MADISON CONDO buying strategy.
If we were buying in THE MADISON 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 MADISON CONDO.
What the numbers are actually telling you
The gap between the median price and the price per square foot is worth sitting with. At $657.27 per square foot on a $290,000 median, the math implies smaller floor plans rather than a discount market — this is a building where unit size, not price point, is the main variable buyers are solving for. Anyone comparing this per-square-foot figure to larger condo product elsewhere in the county should expect the comparison to look expensive on paper even when the total price is approachable.
The 162-day median days on market is the figure that should shape strategy on both sides. For sellers, it argues for pricing to the current data rather than testing the top of the range, since the current environment does not reward overreach. For buyers, it means there is generally time to do diligence, line up financing, and negotiate rather than compete against a fast clock. With only 5 recorded closings in this window, treat every stat here as directional — useful for setting expectations, not as a guarantee of what the next transaction will look like.
The location and the amenities are priced into every listing in THE MADISON CONDO. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a building where closing volume is thin and the per-square-foot rate runs high relative to the median price, interpreting each new listing or sale correctly matters more than in a high-volume market. We track how THE MADISON CONDO trades in real time, so pricing conversations — on either side of a deal — start from what is actually closing, not from assumption.
THE MADISON 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 MADISON 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 MADISON 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 MADISON 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 MADISON CONDO home worth?
Get a no-obligation home value based on real comparable sales in THE MADISON 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 MADISON CONDO on the map →
Frequently Asked Questions
What is the median home price in THE MADISON CONDO?
How long do homes in THE MADISON CONDO take to sell?
Do cash buyers compete in THE MADISON CONDO?
Who is the best real estate agent for THE MADISON CONDO?
How do I find a top Miami Beach real estate agent who knows THE MADISON CONDO?
Can Momentum Realty connect me with an agent for THE MADISON CONDO?
Should you buy in THE MADISON 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 (29 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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