THE STERLING CONDO in Miami Beach

THE STERLING CONDO
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33141
Median sale $700K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
23/100
Market Heat
Cooler than normal
2020 → 2026 · 77 at the 2023 peak
0 is THE STERLING CONDO's coldest market since 2020, 100 its hottest. Today: 23. How it's scored

Photo via miami

Built fromLive miami data8 years of closingsUpdated twice daily
Live · THE STERLING CONDO Housing Pulse miami + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$700K
Median sold · 12 mo
down 16.4% vs the prior 12 months
-16.4%
1-yr price change
n = 5 and 6 sales in the two windows
$464/sf
Sold $/sqft · 12 mo
peak $761 in 2025
89.2%
Sale vs ask
Tempo
185days
Median DOM · closed
27 days at the 2020 low
5
Sold · last 12 mo
10-yr average: about 7 a year
Ownership and context
40%
Cash buyers · THE STERLING CONDO
2 of 5 sales, 12 mo ending July 2026
Track record · 8 years of records
1,510sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The number that matters most here is the closings count: five sales in this window is a thin sample, which means the $700,000 median and the $463.58 per-square-foot figure should be read as a directional signal, not a precise valuation tool. With that caveat, the trend is clearly soft — prices are down 16.4% year over year, and homes are sitting a median of 185 days before going under contract, well beyond what a balanced market would show.

A market heat score of 23 confirms what the days-on-market number already tells you: this is buyer-favorable territory right now. Sellers who need to move should expect to negotiate on price or terms, and buyers have room to be patient and selective. With only a handful of closings to work from, pricing a unit correctly requires a closer look at the specific listing, not just the aggregate median.

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

THE STERLING CONDO right now

🔴 Off the recent peak. The trailing-12-month median ($700K) is down 16.4% from the prior 12 months ($838K). 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: Low (5 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 STERLING CONDO market snapshot (as of July 20, 2026): the median sale price is about $700K ($464 per sq ft over the trailing 12 months of closed sales), and a median 185 days on market for closed sales. The trailing-12-month median is down 16% from the prior 12 months, computed from record-level miami closed sales (5 closings in the current window).

The Sterling Condo's current numbers reflect a slow-moving stretch of the market — a meaningful year-over-year price pullback paired with long marketing times, all against a low volume of recorded sales.

Best for

  • A buyer with flexible timing who wants to negotiate in a market currently favoring buyers.
  • Someone comfortable evaluating a specific unit closely, given how few recent sales exist to benchmark against.
  • A buyer focused on price-per-square-foot value in a building that has seen a real year-over-year pullback.

Probably not for

  • Anyone expecting a quick sale or fast turnaround — the 185-day median marketing time argues against that.
  • A buyer who wants an established, verified amenity package, since none has been confirmed from current listings.
  • Someone who wants to rely heavily on the median price as a precise valuation, given the small closings sample.

Windows contain 1 to 17 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.

Median sale price · trailing 12 mo
$400K$600K$800K20182020202220242026
Down 16.4% year over year.
Every sale since 2018 · price vs size
$0$500K$1M1k2k2k
59 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$400$600$80020182020202220242026
Up from $429 in 2018 to a $761 peak in 2025; $464 now.
Median days on market · closed sales
010020030020182020202220242026
27 days at the 2020 low; 185 now.
Sale price vs original ask · median
80%90%100%20182020202220242026
89.2% now.
Homes sold per 12-mo window
05101520182020202220242026
1 to 17 a year; 5 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
77 at the 2023 peak, 23 in the troughs, 23 now. Same score as the hero card, full history.

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

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 STERLING CONDO Market Scorecard

Balanced

THE STERLING CONDO is currently a balanced market., and homes go under contract in about 40 days.

$700,000
Median sold
$581
List $/sqft
40
Days on mkt
5/1/0
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 STERLING CONDO

Live MLS inventory for THE STERLING 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 STERLING 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 STERLING 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 STERLING CONDO.

Best Buy
Buyers comfortable doing unit-level diligence in a building where the aggregate numbers are based on a small sample.
Biggest Risk
A thin closings count means the median price and price-per-square-foot are directional, not precise.
Sweet Spot
A buyer who has flexibility on timing and wants to negotiate against a softening, year-over-year decline.
Avoid If
You need a fast close or are relying on a building amenity package that has not been confirmed.

A market defined by patience

A median of 185 days on market is the standout figure at The Sterling Condo. That is a long hold time by any measure, and it tells you that pricing has not yet found its equilibrium — listings are either overpriced relative to current demand or facing a buyer pool that is in no hurry. Combined with a 16.4% year-over-year decline, the data points to a building working through a price correction rather than one riding stable demand.

With only five closings in this window, the $700,000 median and the $463.58 per-square-foot figure carry wide error bars. A unit in strong condition on a higher floor could outperform that median; a unit needing work could sell well under it. No community amenities were identified from current MLS listings, so buyers evaluating the building should confirm directly what is and is not offered rather than assuming a standard condo amenity package.

The location and the amenities are priced into every listing in THE STERLING 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 on data, pricing strategy matters more than usual — both for a seller trying to avoid a 185-day sit and a buyer trying to figure out what a fair offer actually looks like against a small comp set. We pull the underlying listing history unit by unit rather than leaning on a headline median, and we will tell you directly if a specific unit's condition or price puts it outside where the current market is clearing.

THE STERLING CONDO in 15 seconds.

Best forBuyers comfortable doing unit-level diligence in a building where the aggregate numbers are based on a small sample.
Biggest advantageCurrent conditions favor negotiating leverage for buyers, with sellers facing long marketing times.
Biggest riskA thin closings count means the median price and price-per-square-foot are directional, not precise.
Sweet spotA buyer who has flexibility on timing and wants to negotiate against a softening, year-over-year decline.
Avoid ifYou need a fast close or are relying on a building amenity package that has not been confirmed.

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 STERLING CONDO sales matched to your home.

What is your THE STERLING CONDO home worth?

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

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in THE STERLING CONDO?
The median sale price in THE STERLING CONDO was $700K over the 12 months ending July 20, 2026 (5 closed sales, miami).
How long do homes in THE STERLING CONDO take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 185 days on market (5 sales, miami).
Do cash buyers compete in THE STERLING CONDO?
Cash buyers took 40% of THE STERLING CONDO sales in the 12 months ending July 2026 (2 of 5 closings, miami).
Who is the best real estate agent for THE STERLING CONDO?
The best agent for THE STERLING 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 STERLING CONDO.
How do I find a top Miami Beach real estate agent who knows THE STERLING 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 STERLING CONDO and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for THE STERLING CONDO?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your THE STERLING CONDO purchase or sale - no call center and no pressure.
A buyer with flexible timing who wants to negotiate in a market currently favoring buyers.Excellent fit
Someone comfortable evaluating a specific unit closely, given how few recent sales exist to benchmark against.Excellent fit
A buyer focused on price-per-square-foot value in a building that has seen a real year-over-year pullback.Excellent fit
Anyone expecting a quick sale or fast turnaround — the 185-day median marketing time argues against that.Probably not
A buyer who wants an established, verified amenity package, since none has been confirmed from current listings.Probably not
Someone who wants to rely heavily on the median price as a precise valuation, given the small closings sample.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 (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.

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CallFree valuation →
Thinking of selling in THE STERLING CONDO? 5 recorded closings; median 185 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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