Tropical Estates
Homes for Sale in Miami, FL
All 4,258 homes for sale in Miami, FL · median $520,000 · 107 homes for sale in 33165 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via MIAMI MLS
As of November 2026, Tropical Estates in Miami, FL has 1 home for sale. Over the 12 months ending 2026-11-10, 3 recorded sales closed at a median of $685,000, $485 per square foot, a median 6 days on market, sellers accepting 98% of original asking. Homes listed or recently sold were built 1952–2026 with 1 new construction. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $12,050 ($11,340 with the full homestead exemption).
Tropical Estates is pricing on a per-square-foot basis right now more than on a headline number — the $452.27 median price per square foot is the figure doing the real work here, with the $642,500 median price reflecting whatever mix of size and condition happened to close. With only 10 closings in the tracked window, that median can move on a handful of sales, so treat it as a directional read rather than a fixed line.
The market heat score of 30 signals a market that has cooled from where it was, and the -5.5% year-over-year change confirms it — prices here are softer than they were a year ago even though homes are still moving in just under 20 days. That combination tells buyers there is room to negotiate and tells sellers that pricing to the current comp set, not last year's, is what gets a contract signed.
Figures in this note are as of July 21, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Tropical Estates right now
🟡 Balanced market. 4.0 months of supply and 67% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of MIAMI MLS records, as of November 10, 2026. Confidence: Medium (3 active and pending listings, 3 closed sales in 12 months).
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· Updated November 11, 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
Tropical Estates market snapshot (as of November 10, 2026): the median sale price is about $685K ($485 per sq ft over the trailing 12 months of closed sales), a median 6 days on market for closed sales, and 4.0 months of supply, a balanced market.
In ZIP 33165 (Miami), 40 homes closed in the last 12 months at a median of $682K ($468/sq ft), with a median 25 days on market. Right now 22 active and 10 pending listings put supply at about 6.6 months — a balanced market. See the live ZIP 33165 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 398 homes in TROPICAL ESTATES that have changed hands since 2006, built between 1948 and 2024 (median 1952), with a median living area of about 1,487 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Tropical Estates is trading in the mid-$600s on a small, thin volume of closings, with a year-over-year price pullback that has not slowed how quickly listings go under contract.
The setting & the homes.
Aerial and on-site photos of Tropical Estates. Swipe to explore the community.
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Tropical Estates
Tropical Estates
Tropical EstatesPhotos from MIAMI MLS listings in Tropical Estates; content deemed reliable but not guaranteed.
Who Tropical Estates is best for.
Best for
- A buyer who wants to move decisively in a market where well-priced homes go under contract quickly.
- A seller comfortable pricing against current per-square-foot data rather than last year's benchmarks.
- An investor or move-up buyer running a per-square-foot budget who wants a market with fast turnover.
Probably not for
- A buyer who wants a large set of active listings to compare before committing.
- A seller expecting to price at last year's levels given the year-over-year pullback.
- Anyone relying on built-in community amenities as part of the value case, since none are identified in current listings.
Homes For Sale Right Now in Tropical Estates
Live MLS inventory for Tropical Estates. 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 Tropical Estates listings as of 2026-11-10, 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 2026 through 2026. Tap any home to ask about it.
The Tropical Estates buying strategy.
If we were buying in Tropical Estates 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 Tropical Estates.
A fast clock, softer prices
The median 19.5-day time on market is the standout number in this snapshot — homes here are not sitting. But a fast sale cycle paired with a market heat score of 30 and a year-over-year decline of 5.5% is not the profile of a hot, competitive market. It reads more like a market where correctly priced homes move quickly while overpriced ones get passed over just as fast, compressing the days-on-market average without pushing prices up.
With closings limited to 10 in this window, no single data point here should be treated as gospel. The $452.27 per-square-foot median is the more stable reference for pricing a specific home, since it adjusts for size in a way the median price alone does not. Sellers should expect condition and square footage to matter more than list price psychology in this environment.
The location and the amenities are priced into every listing in Tropical Estates. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin on closings, pricing off the wrong comp is easy to do and costly to correct. We pull the actual per-square-foot data for Tropical Estates before a listing goes live or an offer goes in, so pricing reflects what is really trading here rather than a headline median that ten sales can swing.
Tropical Estates in 15 seconds.
Tools for a Tropical Estates 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 Tropical Estates sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Tropical Estates, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Tropical Estates home worth?
Get a no-obligation home value based on real comparable sales in Tropical Estates, 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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Recently off market in TROPICAL ESTATES
Homes in TROPICAL ESTATES that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 10141 SW 46th St · off market
- 4641 SW 99th Ct · off market
| Location | Miami, Miami-Dade County, FL · ZIP 33165 |
|---|---|
| Sale prices, last 12 months | $685,000 median across 3 closed sales · $485 per sq ft |
| Days on market (closed sales) | 6 median |
| For sale right now | 1 active, 2 pending · median asking $819,000 · 4.0 months of supply |
Data as of November 10, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Tropical Estates key facts,” movewithmomentum.com/neighborhoods/tropical-estates--miami-dade, data as of November 10, 2026.
Every Home for Sale in Tropical Estates Miami Dade Right Now (3)
All 3 active and pending Tropical Estates Miami Dade listings with a detail page, newest first, refreshed twice a day from the MLS.
- 9960 SW 42nd St · $629,900 · 5 bd / 3 ba · pending · listed Oct 13, 2026 · listed by Genesis Realty Services Inc.
- 4531 SW 98th Ct · $819,000 · 3 bd / 3 ba · listed Oct 1, 2026 · listed by R.O. Real Estate Services
- 9951 SW 41st Ter · $1,599,000 · 4 bd / 4 ba · pending · listed Aug 12, 2026 · listed by Compass Florida, LLC
More Miami home searches
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- ZIP 33165 housing scorecard
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- SW 99Th Avenue (13 homes on record)
- SW 99 Court (9 homes on record)
- SW 46Th Street (8 homes on record)
- SW 45 Street (8 homes on record)
- SW 40Th Terrace (8 homes on record)
- SW 48Th Street (7 homes on record)
- SW 102 Avenue (7 homes on record)
- SW 99 Avenue (7 homes on record)
- SW 56Th Street (7 homes on record)
- SW 101St Avenue (7 homes on record)
- SW 97Th Court (7 homes on record)
- SW 46 Street (7 homes on record)
21% of homes for sale in ZIP 33165 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 (2026-11-11).
What it really costs to own in Tropical Estates
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $7,401/yr across 3 listings here (MLS tax records, 2026-11-11). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1952 across 3 listings. An original roof here would be about 74 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Tropical Estates
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Tropical Estates
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Tropical Estates will answer, and the answer is published on this page for the next buyer.
Frequently Asked Questions
What is the median home price in Tropical Estates?
How long do homes in Tropical Estates take to sell?
Is Tropical Estates a buyer's or seller's market right now?
Who is the best real estate agent for Tropical Estates?
How do I find a top Miami real estate agent who knows Tropical Estates?
Can Momentum Realty connect me with an agent for Tropical Estates?
Where is Tropical Estates, and what county is it in?
Should you buy in Tropical Estates?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: November 10, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending November 10, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
| Historical depth | Closed-sale records back to 2026 (3 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.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.
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See how TROPICAL ESTATES fits the bigger picture — live prices, inventory, and Momentum Scores: