The Prado
Condos for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $245,000, $236 per square foot, a median 50 days on market, sellers accepting 96% of original asking (-2% versus the prior year). At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $4,310 ($3,600 with the full homestead exemption).
At THE PRADO CONDO, the median price sits at $245,000, working out to roughly $236 per square foot. That price point puts this squarely in the entry-level condo tier for Miami-Dade, and the per-square-foot figure suggests buyers are paying for location and unit size more than for building extras — the MLS data shows no community amenities currently listed for this property.
A market heat score of 31 and a year-over-year price change of -2.0% point to a soft, buyer-leaning market right now. Homes here are taking a median of 50 days to go under contract, which is a real number, not a fast flip — sellers need to price realistically from day one, and buyers have room to negotiate rather than compete.
The Prado Condo right now
🟡 Off the recent peak. The trailing-12-month median ($245K) is down 2.0% from the prior 12 months ($250K). 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 MLS closed sales, 12-month windows ending September 12. Confidence: Low (3 and 4 sales in the two windows).
What's unique here: the median sale price is about 56% below the typical Miami-Dade County sale ($245K vs $555K, trailing 12 months, MIAMI MLS records).
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Updated September 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
The Prado Condo market snapshot (as of September 12, 2026): the median sale price is about $245K ($236 per sq ft over the trailing 12 months of closed sales), and a median 50 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).
THE PRADO CONDO is trading at a median of $245,000 with a soft year-over-year trend, positioning it as a value-oriented option in the Miami-Dade condo market rather than a momentum play.
Who The Prado Condo is best for.
Best for
- Buyers targeting a condo purchase near or below the $245,000 median price point.
- Buyers comfortable with a longer, roughly 50-day marketing and negotiation window rather than a fast-paced bidding process.
- Investors or owner-occupants prioritizing per-square-foot value over building amenities.
Probably not for
- Buyers who want on-site amenities such as a pool, fitness center, or clubhouse as part of the purchase decision.
- Sellers expecting a fast close in a market currently showing a negative year-over-year price trend.
- Buyers relying on high transaction volume to benchmark pricing, given the limited closings in the current window.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 12 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($245K) IS the median in the snapshot above, and the move from 2025 ($250K) IS the -2.0% one-year change.
Windows contain 2 to 6 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.
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.
30% 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 (2026-09-08).
The The Prado Condo buying strategy.
If we were buying in The Prado 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 Prado Condo.
A Value Play, Not a Chase
With only 3 closings in the reporting window, this is a lower-volume market to read — pricing conclusions should lean on the per-square-foot figure and days-on-market alongside the median rather than the median alone. At $236 per square foot, unit condition is likely to be the biggest swing factor in what a specific listing actually sells for, since no shared amenities are being marketed as part of the value proposition right now.
The negative 2.0% year-over-year shift, combined with a market heat score of 31, describes a market where inventory is not moving quickly and pricing power has shifted toward buyers. A median of 50 days on market means well-priced, well-presented units still move, but overpriced listings will sit and likely see price reductions before they close.
The location and the amenities are priced into every listing in The Prado Condo. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a low-volume, buyer-leaning market like this one, the difference between a good deal and an overpay often comes down to reading comparable closings correctly with so few data points to work from. We track the per-square-foot trend and days-on-market pattern here closely so buyers know what to offer and sellers know how to price to actually close within a reasonable window.
The Prado Condo in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Prado 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 Prado 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 Prado 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 Prado Condo home worth?
Get a no-obligation home value based on real comparable sales in The Prado 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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Frequently Asked Questions
What is the median home price in The Prado Condo?
How long do homes in The Prado Condo take to sell?
Who is the best real estate agent for The Prado Condo?
How do I find a top Miami real estate agent who knows The Prado Condo?
Can Momentum Realty connect me with an agent for The Prado Condo?
Should you buy in The Prado Condo?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2018 (32 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.
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 MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how THE PRADO CONDO fits the bigger picture — live prices, inventory, and Momentum Scores: