THE SAIL CONDO in Miami

THE SAIL CONDO
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33131
Median sale $434K
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Built fromLive miami data8 years of closingsUpdated twice daily
Live · THE SAIL CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$434K
Median sold · 12 mo
down 14.9% vs the prior 12 months
-14.9%
1-yr price change
n = 6 and 6 sales in the two windows
$538/sf
Sold $/sqft · 12 mo
peak $579 in 2023
94.3%
Sale vs ask
Tempo
101days
Median DOM · closed
15 days at the 2022 low
6
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
33%
Cash buyers · THE SAIL CONDO
2 of 6 sales, 12 mo ending July 2026
Track record · 8 years of records
786sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The number that matters most at THE SAIL CONDO right now is the year-over-year move: pricing is down close to 15% from where it stood a year ago, while the median days on market has stretched past three months. That combination is not subtle. It tells you sellers who are pricing to last year's numbers are sitting, and the ones who are closing are the ones who adjusted early.

At a median price of $433,500 and a per-square-foot figure north of $538, this is still a building where price is set by unit condition and view more than by any broad market lift right now. With only six closings in the current window, each sale carries real weight in the comps — a buyer or seller here should treat any single transaction as a data point, not a trend, and price accordingly.

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

THE SAIL CONDO right now

🔴 Off the recent peak. The trailing-12-month median ($434K) is down 14.9% from the prior 12 months ($510K). With about 6 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 (6 and 6 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 SAIL CONDO market snapshot (as of July 20, 2026): the median sale price is about $434K ($538 per sq ft over the trailing 12 months of closed sales), and a median 101 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 (6 closings in the current window).

THE SAIL CONDO is trading in a market that has cooled from a year ago, with a per-square-foot figure that stays elevated even as the median price has pulled back — a sign that unit-level differences are doing more work than the overall market direction.

Best for

  • A buyer targeting a specific unit condition or view and willing to wait out a longer marketing period
  • A seller prepared to price to current closings rather than last year's median
  • An investor comfortable underwriting value from limited recent sales rather than a broad trend

Probably not for

  • A buyer who needs a fast, competitive-bid closing timeline
  • A seller expecting last year's price level to still apply
  • Someone relying on active building amenities as part of the purchase decision, since none are currently identified in listings

Windows contain 2 to 15 sales each (6 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
$200K$300K$400K$500K20182020202220242026
Down 14.9% year over year.
Every sale since 2018 · price vs size
$0$200K$400K1k1k1k
51 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$300$400$500$60020182020202220242026
Up from $324 in 2018 to a $579 peak in 2023; $538 now.
Median days on market · closed sales
05010015020182020202220242026
15 days at the 2022 low; 101 now.
Sale price vs original ask · median
90%92%95%98%20182020202220242026
94.3% now.
Homes sold per 12-mo window
05101520182020202220242026
2 to 15 a year; 6 in the current window.

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

5% of homes for sale in ZIP 33131 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 SAIL CONDO Market Scorecard

Balanced

THE SAIL CONDO is currently a balanced market., and homes go under contract in about 100 days.

$433,500
Median sold
$587
List $/sqft
100
Days on mkt
6/0/0
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 SAIL CONDO

Live MLS inventory for THE SAIL 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 SAIL 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.

If we were buying in THE SAIL 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 SAIL CONDO.

Best Buy
A buyer comfortable underwriting a condo purchase on unit-specific condition rather than a fast-moving building trend.
Biggest Risk
Median days on market past 100 days means a sale here requires patience on both sides.
Sweet Spot
Buyers and sellers who treat the six closings in this window as individual data points rather than a single trend line.
Avoid If
You need a quick close or a market with a large, active comp set to lean on.

What the numbers are actually saying

A double-digit year-over-year decline paired with a median days-on-market past 100 is a classic sign of a market resetting expectations. Buyers are taking their time, and listings that don't reflect the new pricing reality are the ones adding to that average. This is not a market where a seller can lean on last year's comp and expect the same result.

The per-square-foot median holding above $538 despite the price pullback suggests the units that are moving are not the distressed or dated ones — condition and finish level are still commanding a premium here. With just six closings in the window, buyers should ask for recent comparable sales specific to floor plan and view, not just building averages, before settling on an offer.

The location and the amenities are priced into every listing in THE SAIL 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 thin-volume building with a wide swing between list and close, pricing strategy is the whole game. We track the handful of closings that actually set the market here, so sellers price to what is closing now rather than to last year's median, and buyers know which unit-level factors are actually moving the per-square-foot number.

THE SAIL CONDO in 15 seconds.

Best forA buyer comfortable underwriting a condo purchase on unit-specific condition rather than a fast-moving building trend.
Biggest advantageThe pullback in median price has created room to negotiate against last year's expectations.
Biggest riskMedian days on market past 100 days means a sale here requires patience on both sides.
Sweet spotBuyers and sellers who treat the six closings in this window as individual data points rather than a single trend line.
Avoid ifYou need a quick close or a market with a large, active comp set to lean on.

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 SAIL CONDO sales matched to your home.

What is your THE SAIL CONDO home worth?

Get a no-obligation home value based on real comparable sales in THE SAIL 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 SAIL CONDO on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in THE SAIL CONDO?
The median sale price in THE SAIL CONDO was $434K over the 12 months ending July 20, 2026 (6 closed sales, miami).
How long do homes in THE SAIL CONDO take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 101 days on market (6 sales, miami).
Do cash buyers compete in THE SAIL CONDO?
Cash buyers took 33% of THE SAIL CONDO sales in the 12 months ending July 2026 (2 of 6 closings, miami).
Who is the best real estate agent for THE SAIL CONDO?
The best agent for THE SAIL CONDO is one who actively works Miami 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 SAIL CONDO.
How do I find a top Miami real estate agent who knows THE SAIL 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 SAIL CONDO and the wider Miami area.
Can Momentum Realty connect me with an agent for THE SAIL CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your THE SAIL CONDO purchase or sale - no call center and no pressure.
A buyer targeting a specific unit condition or view and willing to wait out a longer marketing periodExcellent fit
A seller prepared to price to current closings rather than last year's medianExcellent fit
An investor comfortable underwriting value from limited recent sales rather than a broad trendExcellent fit
A buyer who needs a fast, competitive-bid closing timelineProbably not
A seller expecting last year's price level to still applyProbably not
Someone relying on active building amenities as part of the purchase decision, since none are currently identified in listingsProbably 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 (51 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 SAIL CONDO? 6 recorded closings; median 100 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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