Washington Place
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 2026, Washington Place in Miami, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 3 recorded sales closed at a median of $1,834,000, $902 per square foot, a median 177 days on market, sellers accepting 88% of original asking (+10% 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 $32,270 ($31,550 with the full homestead exemption).
Washington Place is pricing at a median of $1,720,000, with the per-square-foot figure ($788.80) doing more of the explaining than any single listing feature could. That combination points to a market where condition and finish level are driving most of the spread, not amenities or a repeatable floor plan.
What stands out is the gap between the year-over-year move (up 19.7%) and the market heat score, which sits low at 19. Paired with a median of 113 days on market, this reads less like a hot, competitive pocket and more like a thin, closing-driven number — a handful of transactions (5 in this window) can swing the median hard in either direction. Treat the price trend as directional, not a guarantee of where the next sale lands.
Washington Place right now
🟢 Still climbing. The trailing-12-month median ($1.83M) is up 9.5% from the prior 12 months ($1.68M). With about 5 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 7 sales in the two windows).
What's unique here: the median sale price is about 3x the typical Miami-Dade County sale ($1.83M 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
Washington Place market snapshot (as of September 12, 2026): the median sale price is about $1.83M ($902 per sq ft over the trailing 12 months of closed sales), and a median 177 days on market for closed sales. The trailing-12-month median is up 10% from the prior 12 months, computed from record-level MIAMI MLS closed sales (3 closings in the current window).
Washington Place's current numbers are shaped by a small closings sample, which means the median price and its year-over-year change should be read as a signal of direction rather than a precise valuation benchmark for any one home.
Who Washington Place is best for.
Best for
- Buyers with flexibility on timeline who can work through a 113-day-median sales process without pressure
- Buyers prioritizing a specific home's condition and finish level over shared community amenities
- Sellers prepared to price based on their property's actual comps rather than a market-wide average pulled from a small sample
Probably not for
- Buyers who want a large, active comp set to benchmark price with confidence
- Buyers seeking built-in community amenities as part of the purchase
- Sellers expecting a fast, high-heat sale given the current market heat score of 19
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 ($1.83M) IS the median in the snapshot above, and the move from 2025 ($1.68M) IS the +9.5% one-year change.
Windows contain 1 to 7 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 2012 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.
16% of homes for sale in ZIP 33138 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 (2026-09-12).
WASHINGTON PLACE Market Scorecard
WASHINGTON PLACE is currently a thin data market. Limited supply, a median asking price of $1,250,000, and homes go under contract in about 98 days.
Typical home value in the 33138 ZIP is $806,988, about 126.1% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Washington Place
Live MLS inventory for Washington Place. 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 Washington Place listings as of 2026-09-12, 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 2012 through 2026. Tap any home to ask about it.
The Washington Place buying strategy.
If we were buying in Washington Place 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 Washington Place.
Small Sample, Big Swings
Five closings is enough to establish a trend line but not enough to smooth out the effect of one unusually finished — or unusually dated — property changing hands. That is likely part of why the median sits at $1,720,000 with a per-square-foot figure over $788, while the market heat score stays low at 19. The price level and the pace of sales are not telling the same story right now.
A median of 113 days on market confirms that this is not a competitive, multiple-offer environment at present. Sellers should expect buyers to take their time on diligence, and buyers should expect room to negotiate on timeline and terms rather than feeling pressure to move fast. No community amenities were identified from current MLS listings, so any premium here is tied to the home itself — lot, layout, finish, view — not shared recreational features.
The location and the amenities are priced into every listing in Washington Place. 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 a listing or evaluating an offer requires pulling comparable data beyond the headline median and understanding which of the five recent sales actually resembles the subject property. We do that work before a number goes on paper, so sellers are not over- or under-shooting based on a skewed average, and buyers are not anchoring to a figure that does not reflect the specific home in front of them.
Washington Place 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 Washington Place 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 Washington Place sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Washington Place, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Washington Place home worth?
Get a no-obligation home value based on real comparable sales in Washington Place, 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 Washington Place?
How long do homes in Washington Place take to sell?
Who is the best real estate agent for Washington Place?
How do I find a top Miami real estate agent who knows Washington Place?
Can Momentum Realty connect me with an agent for Washington Place?
Should you buy in Washington Place?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Washington Place with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| 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 2012 (62 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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